Common use of TAXABLE BENEFIT Clause in Contracts

TAXABLE BENEFIT. Graduate level tuition remission may be considered taxable income to the employee and is taxable for courses taken by the spouse/RDP/LDA or dependent children. Undergraduate level tuition remission taken by a LDA/RDP may also be taxable. For taxation, the tuition will be added to gross pay, as taxable income, in the semester that tuition is received. More information regarding the taxation process can be obtained at xxxx://xxx.xxxxx.xxx/HR/Benefits/Tuition_Remission/ Section 5 Employees are expected to enroll for classes which do not conflict with the employee’s normal work schedule. If the employee’s immediate supervisor believes that the number of classes is interfering with the employee’s work performance, the immediate supervisor will discuss the problem with the employee. In order to resolve the problem and if operationally feasible, the immediate supervisor may require the employee to make-up on a straight-time basis any of his/her work time spent attending class. If the problem cannot be resolved, the immediate supervisor may require the employee to either curtail or terminate his/her class schedule.

TAXABLE BENEFIT. Graduate level tuition remission may be considered taxable income to the employee and is taxable for courses taken by the spouse/RDP/LDA or dependent children. Undergraduate level tuition remission taken by a LDA/RDP may also be taxable. For taxation, the tuition will be added to gross pay, as taxable income, in the semester that tuition is received. More information regarding the taxation process can be obtained at xxxx://xxx.xxxxx.xxx/HR/Benefits/Tuition_Remission/ xxxx://xxx.xxxxx.xxx/HR/Benefits/Tuition Remission/ Section 5 Employees are expected to enroll for classes which do not conflict with the employee’s 's normal work schedule. If the employee’s 's immediate supervisor believes that the number of classes is interfering with the employee’s 's work performance, the immediate supervisor will discuss the problem with the employee. In order to resolve the problem and if operationally feasible, the immediate supervisor may require the employee to make-up on a straight-time basis any of his/her work time spent attending class. If the problem cannot be resolved, the immediate supervisor may require the employee to either curtail or terminate his/her class schedule.