The IRS has issued updated frequently asked questions on employer-provided educational assistance programs under IRC §127. The guidance confirms that employees may exclude up to $5,250 in educational assistance benefits from gross income when provided through a qualified program and notes that the exclusion amount will be subject to cost-of-living adjustments after 2026 under the One Big Beautiful Bill Act. The revised FAQs also address the treatment of qualified education loans and include a modified sample plan for employers. [IR-2026-55, 04/20/26]
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