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ERIC ED403419: Tax Expenditures. Information on Employer-Provided E... |
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by ERIC |
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The General Accounting Office examined employer-provided |
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educational assistance. The study focused on educational |
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assistance provided under section 127 of the Internal |
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Revenue Code (which allows employees to exclude employer- |
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provided educational assistance from their gross income), |
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characteristics of employers providing educational |
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assistance and employees eligible for/receiving |
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educational assistance, and other pertinent tax |
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provisions. Data were complied from the Internal Revenue |
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Service (IRS), the Department of Education's National |
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Postsecondary Student Aid Study, and the Department of |
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Labor's Bureau of Labor Statistics reports. According to |
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IRS data, employers annually filed more than 3,200 |
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returns reporting information about educational |
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assistance provided to employees under section 127. The |
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total dollar amount of employer-reported section 127 |
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educational assistance increased from $525.3 million for |
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1992 to $691.3 million for 1994. IRS data further showed |
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that approximately 900,000 employees received employer- |
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provided educational assistance annually in 1992-1994. |
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Few employees eligible for educational assistance under |
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section 127 actually received it, however. Three tax |
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provisions besides section 127 were identified and |
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discussed. (Fourteen tables/figures are included. |
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Appended are the following: examples illustrating IRS' |
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determination of deductibility of job-related educational |
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expenses as business-related expenses; technical study |
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methodology information; additional information about |
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employees; and list of major contributors to the report.) |
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(MN) |
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Date Published: 2015-12-19 06:24:39 |
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Identifier: ERIC_ED403419 |
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Item Size: 44119504 |
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Language: english |
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Media Type: texts |
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# Topics |
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ERIC Archive; Corporate Support; Educ... |
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