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Taxpayer is a tax associate at a local CPA firm. During the year, he took two graduate tax courses. Under his firm's Educational Assistance Program,

Taxpayer is a tax associate at a local CPA firm. During the year, he took two graduate tax courses. Under his firm's Educational Assistance Program, his firm reimbursed his tuition costs of $5,000. Is Tony required to recognize the $5,000 in income? Assume the Educational Assistance Program meets any applicable requirements.

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