CCarter
Jan 25 2002, 12:05 PM
The employer I currently work for does not provide any tuition assistance. I was wondering, if my employer paid for me to go to Graduate School would they be able to write off all of the expenses on their corporate taxes (we are a company of approx. 70)? If the company pays my tuition and books what costs do they actually incur?
QDROphile
Jan 26 2002, 10:51 AM
The company would be able to deduct your costs of graduate school. The costs would be treated as income to you (and reported on your Form W-2) and the company would have a deduction for compensation to you.