Employees Receiving Graduate Tuition Benefits May be Taxed

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September 8, 2006

Be advised that the University is required by the IRS to tax employees who receive graduate tuition benefits in excess of $5,250 in a given year (January 1st to December 31st). Many times, employees exceed the $5,250 threshold during the summer and fall semesters.

Employees will receive notification at their home address immediately before taxes are deducted from their paycheck detailing the amount of excess tuition which will be taxed; however, employees should plan accordingly for the adjusted income during the fall months.

For more information on employee tuition remission, visit the benefits website.

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