Box 2: $8210 Box 1: $0 W-2 YTD summary tution reimbursed: $3510
Now, this is obvious but why no amt in Box 1? Possible reasons:
1. Amt paid to employee and employee never paid college
2. Amt paid in 2011 to employee therefore will not appear on 2010 1098T (I was curious on this one. Is it then reported on employees 2010 tax return even thou its under the $5250 excludable taxable tuition reimbursement?)
Also, seems to me this $3510 shoud be reported within the form 1098T worksheet or statement as a reimbursement but upon looking at it, I see no line for "employer tution reimburement". How do you guy treat this?
Now, this is obvious but why no amt in Box 1? Possible reasons:
1. Amt paid to employee and employee never paid college
2. Amt paid in 2011 to employee therefore will not appear on 2010 1098T (I was curious on this one. Is it then reported on employees 2010 tax return even thou its under the $5250 excludable taxable tuition reimbursement?)
Also, seems to me this $3510 shoud be reported within the form 1098T worksheet or statement as a reimbursement but upon looking at it, I see no line for "employer tution reimburement". How do you guy treat this?
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