FAQs
The tuition waiver does not come in the form of a payment to me. How will the withholding be made?
11/30/2021
When the value of the tuition waiver exceeds $5,250 in a calendar year, the excess is includable as taxable income as a non-cash earning. This means you will not see a pay increase in your check, but rather the excess waiver amount is added to your regular earnings. When the earnings are aped to your pay, the University must calculate and withhold the apitional tax due. The University will allocate this reportable amount over multiple payrolls in order to reduce the tax withholding amount on one pay period.
