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Withholding for fringe benefits
May 12, 2023
Q. We recently found out that taxes need to be withheld for tuition reimbursement and surrogacy fees. Is there a limitation or specific taxes that need to be calculated for each category? Are there any exceptions to calculating taxes? For example, we received guidance from a previous tax manager that if the schooling was directly related to the employee's current position, the taxes would not need to be withheld. However, I have not seen any reference to this in my research.
A.
(Answered by…
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