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Can a company accept student loan debt for an employee who attended school strictly for that company?

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  • Can a company accept student loan debt for an employee who attended school strictly for that company?


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Answer #1 | 19/12 2013 15:11
If the company wants to pay off the loan (which is different than transferring the debt to their name), fine. However, the amount they pay is income to the employee, subject to fica/mc/futa and income tax withholding.

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