How much can employees exclude from their annual gross income for educational assistance programs? (Educational Assistance)

Question

Quizplus · Accepted Answer

Employees can exclude up to $5,250 from their annual gross income for educational assistance programs, as per Section 127 of the Internal Revenue Code. Therefore, option B is correct. Options A, C, and D are incorrect as they either provide a lower or higher amount than the actual limit.

How Much Can Employees Exclude from Their Annual Gross Income