Taxation 和 the 减免学费
Per the Internal Revenue Code Section 127, tuition waiver benefits for graduate students are subject to federal, state 和 FICA taxation. 像这样, the value of the tuition waiver benefit for graduate spouses/partners 和 children will be reported as taxable income on employees' paychecks. Tuition waiver benefits for graduate employees are also taxable with the following two exceptions:
- Tuition benefits paid toward job-related education is non-taxable.
- 1月1日生效, 2002, Congress has extended a $5,250-per-calendar-year tax exclusion for employee's graduate tuition. This means is that employees using the DU tuition waiver for their own non-job-related graduate education will 不 be assessed taxes on this benefit until the yearly exclusion is exceeded.
Tax withholdings will be calculated based on several factors including W-4 elections 和 regular annual salary. The university can不 provide information specific to employees' tax withholdings. A tax advisor for should be consulted for further information about taxation.
Determination of Job-Relatedness
Determination of job-relatedness is at the sole discretion of the employee's supervisor. To meet the job-relatedness criterion, a course must satisfy at least one of the following requirements:
- Be required by DU or by law as a condition of keeping your present salary, 状态, 或工作, 和 serve a business purpose of the University
- Maintain or improve the skills needed for your present work or position
Even if your education meets one or both of the requirements above, it does 不 符合以下条件:
- Needed to meet the minimum educational requirements of your present trade or business
- Required as a part of a program of study that can qualify you for a new trade or business, even if you have no plans to enter that trade or business
税收计划
The taxation schedule will be adjusted for employees paid less than 12 months/year.
学术期 |
包括术语 |
Taxable Tuition Schedule |
---|---|---|
冬天 |
冬天 Interterm, 冬天 Quarter, 春天 Semester |
3月 & 4月 |
春天 |
春天 Interterm, 春天 Quarter |
6月 & 7月 |
夏天 |
夏天 Semester, 夏天 Interterm, 夏天 Quarter |
8月 & 9月 |
秋天 |
秋天 Semester, 秋天 Interterm, 秋天 Quarter |
11月 & 12月 |