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Education Assistance Tax Information

IRS Publication 970 has established that educational costs for all individual courses (not part of an identified degree or certificate program) will be taxable in excess of the $5,250 annual exclusion. Costs will be applied to the participant's gross salary and the appropriate federal income and payroll taxes will be withheld.

Please note: Individual courses defined as a sport, game, or hobby do not qualify for the annual $5,250 tax-free exemption and are considered "fully taxable".

Sport, Game, or Hobby Courses (All Participants) Courses related to sport, game, or hobby do not qualify for the $5,250 annual tax exclusion. Tuition and qualified fees will be fully funded through QTTP/LTP; however, all costs will be applied to the participant's gross salary and the appropriate federal income and payroll taxes will be withheld.

Examples of courses considered Sport, Game or Hobby include, but are not limited to:

Art / Cartooning I Graphic Design I Auto Body Repair I Gunsmith I Bridal Consultant I Home Remodel / Repair I Catering I Landscape Design I Cosmetology I Massage Therapy I Roller Coaster Designing I Culinary / Cooking Classes I Photography I Floral Design I Real Estate I Furniture Design I Yoga