@PitchingFan posted:Don't get caught up in the educational incentive. It is not as it appears completely. It is taxed as a luxury item since it is part of a package so it can be taxed as high as 40%.
Son's (CEP reimbursement) was listed as regular wages on his W-2, combined with his milb wages. In a lump.
Not sure how it could be a luxury item.
(Sorry for so many posts, but we are going through it now and learning as well and I am posting for others that may want the info. Plus, I do his taxes.)