Educational Tax Benefits & Tuition Remission

Educational Tax Benefits & Tuition Remission

Going to college can be an exciting and stressful time for students and parents. The IRS offers these tips about education tax benefits that can help offset some college costs and maybe relieve some of that stress.

IRS Information on Educational Tax Benefits IRS Publication 970 IRS Form 8863

Per Internal Revenue Code Section 127, tuition remission provided may be taxable to University employees. For more information, please read the IRC Section 127 Plan.

IRC Section 127 IRS Job Related Questionnaire