1098-T Information

Tax Credits | Electronic Delivery Instructions | Instructions for Forms 1098-E/1098-T | FAQs

1098-T Tax Credits

  • 1098-T Information will be mailed on January 31.
  • Students may opt-in for Electronic Delivery BEFORE January 31 in lieu of having a copy mailed.

1098-T Electronic Delivery Instructions

  • Log into www.1098Tforms.com to opt-in for electronic delivery of your 1098-T form for the tax year.
  • Opt-in Instructions for Enrollment and Download Information (Document lists each step with sample screenshots)
  • If at any time the process displays an error, it is best to close out of your browser completely and begin again with a NEW USERNAME. NOTE: Internet Explorer has caused several challenges for Enrollment, so we suggest using another web browser, such as Chrome, Firefox, or Safari.
  • If a student experiences consistent errors, or cannot complete the opt-in process, the student should:
    1. Close the browser and clear the Cache on their device. Restarting the device is preferred.
    2. Start the OPT-IN Process again, starting at the “TO STUDENT ENROLLMENT PAGE” link, and use a different Username than the first Username.

Instructions for Forms 1098-E and 1098-T (2018)

Box 1. Payments Received for Qualified Tuition and Related Expenses

Enter the total amount of payments received for qualified tuition and related expenses from all sources during the calendar year. The amount reported is the total amount of payments received less any reimbursements or refunds made during the calendar year that relate to the payments received for qualified tuition and related expenses during the same calendar year. The amount reported is not reduced by scholarships and grants reported in box 5. Include in this box the receipt of a payment of past-due qualified tuition or related expenses from a previous calendar year, but only if the educational institution previously billed the student for such amount(s).

Box 2. Reserved

Box 3. Checkbox for Change of Reporting Method
Check this box if you have changed your method of reporting. You have changed your method if the method you are using for 2018 is different than the method you used for 2017.

Box 4. Adjustments Made for a Prior Year

Payments received. Enter reimbursements or refunds of qualified tuition and related expenses made in 2018 that relate to payments received that were reported for any prior year after 2002. If the educational institution was previously reporting the amounts of qualified tuition and related expenses billed to the student, do not report a reimbursement or refund of qualified tuition made during calendar year 2018 because the amount would not have been reported by such institution for the previous calendar year.

Amounts billed. Enter any reductions in charges made for qualified tuition and related expenses made during the calendar year that relate to amounts billed that were reported for any prior year after 2002. These requirements also apply to an adjustment made in connection with a nonresident alien for which the educational institution filed and furnished a Form 1098-T for the prior year.

 Box 5. Scholarships or Grants

Enter the total amount of any scholarships or grants that you administered and processed during the calendar year for the payment of the student’s costs of attendance. Scholarships and grants generally include all payments received from third parties (excluding family members and loan proceeds). This includes payments received from governmental and private entities such as the Department of Veterans Affairs, the Department of Defense, civic and religious organizations, and nonprofit entities. However, see Exceptions, earlier.

A scholarship or grant is administered and processed by you if you receive payment of an amount, whether by check, cash, electronic transfer, or other means, and such payment is designated as a grant or a scholarship by the payor, or the circumstances make it clear that the payment is a grant or scholarship. A Pell Grant is an example of a grant administered and processed by a college or university in all cases.

Box 6. Adjustments to Scholarships or Grants for a Prior Year

Enter the amount of any reduction to the amount of scholarships or grants that were reported for any prior year after 2002.

Box 7. Checkbox for Amounts for an Academic Period Beginning in January Through March of 2019

Check this box if any payments received for qualified tuition and related expenses reported for 2018 relate to an academic period that begins in January through March of 2019.

Box 8. Check if at Least Half-Time Student

Check this box if the student was at least a half-time student during any academic period that began in 2018. A half-time student is a student enrolled for at least half the full-time academic workload for the course of study the student is pursuing. Your institution’s standard for a half-time student work load must equal or exceed the standards established by the Department of Education under the Higher Education Act and set forth in 34 C.F.R. section 674.2(b).

Box 9. Check if a Graduate Student

Check this box if the student was a graduate student. The student is a graduate student if the student was enrolled in a program or programs leading to a graduate-level degree, graduate-level certificate, or other recognized graduate-level educational credential.

Box 10. Insurance Contract Reimbursements or Refunds

If you are an insurer, enter the total amount of reimbursements or refunds of qualified tuition and related expenses that you made to the student during 2018.

1098-T FAQs

What is a 1098-T form?

IRS Form 1098-T assists the student/family in determining if they qualify for certain education related tax credits. The IRS requires educational institutions to file Form 1098-T for each enrolled student who has made payments for qualified tuition and related expenses during calendar year.

Why should I elect to receive my 1098-T electronically?

Electronic delivery is immediate and more secure because your document can’t be lost in the mail.

How do I get a 1098-T from a previous year?

The previous year forms are available for reprint either on www.1098Tforms.com or at the Bursar’s Office.

What expenses qualify for credit?

Qualified tuition and related expenses for the education tax credits include tuition and required fees for the enrollment or attendance at eligible post-secondary educational institutions. The expenses paid during the tax year must be for: an academic period that begins in the same tax year or an academic period that begins in the first three months of the following tax year. Qualified expenses do NOT include housing, meals, insurance, health service fees, bookstore purchases, parking permits or fines, etc.

Why is Box 1 omitted in prior years?

In previous tax years, educational institutions were given the option to report either payments received in Box 1 or total qualified tuition and expenses billed in Box 2. Rogers State University had chosen to report charges, not payments received. Starting with tax year 2018, the university will begin reporting payments received on qualified tuition and related expenses (QTRE) in Box 1.

What changes were made to 2018 IRS Form 1098-T?

In previous years, IRS Form 1098-T included a figure in Box 2 that represented the qualified tuition and related expense (QTRE) the university billed to the student account for the calendar (tax) year.  Due to a change to institutional reporting requirement under federal law, beginning with tax year 2018, the university will report in Box 1 the amount of QTRE paid during the year. 

Depending on the student’s income (or family income, if the student is a dependent), whether the student is considered full or half-time enrolled, and the amount of qualified educational expenses for the year, the student may be eligible for a federal education tax credit.  (Student or their family can find detailed information about claiming education tax credits in IRS Publication 970, page 9.)

The dollar amounts reported on the Form 1098-T may assist in completing the IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of their tax return.

Rogers State University is unable to provide students or their families with individual tax advice, but should you have questions, please seek the counsel of an informed tax preparer or adviser. 

Below is a blank sample of the 2018 Form 1098-T, that students with qualified tuition and related expenses will receive in January 2019, for your general reference.  For more information about Form 1098-T, visit http://www.irs.gov/pub/irs-pdf/f1098t.pdf.

1098-T sample

The information provided here is NOT tax advice. It is offered only as general information for RSU students and their families. Please consult a qualified tax expert for advice on computing, claiming, or determining qualification for any tax benefit.