Discussion:Education for employee's dependants of C corp

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Discussion Forum Index --> Basic Tax Questions --> Education for employee's dependants of C corp
Discussion Forum Index --> Tax Questions --> Education for employee's dependants of C corp

Www.cpa1.biz (talk|edits) said:

23 March 2009
Almanacers,

My client, who is the sole owner of his C corp told me he has set up an education fringe benefit for his dependants.

I want to know if this can happen. He currently shows over $40,000 on his C corp books for education expenses for 2008. These are all for his children.

Please tell me if this is possible.

Rgtaxservice (talk|edits) said:

23 March 2009
Is this corporation AIG?

Rgtaxservice (talk|edits) said:

23 March 2009
Start with Pub 15-B page 9. Educational fringe benefits are for employees, not dependents.

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