Resources

Tuition Reimbursement Update

What Has Changed?

As a result of an audit during the summer of 2012, the District was informed of calendar year educational assistance (tuition reimbursement) limits. 

Employers can exclude up to $5,250 of educational assistance during any calendar year.  Employees must generally pay tax on the amount over $5,250 and that amount should be included in the employees’ wages (Form W-2, box 1). 

How Will Payments Change?