1098-T

1098-T Information/Guide

IRS Form 1098-T, Tuition Statement provides information from educational institutions to students which may be of use in determining a student's eligibility for two tax credits, the American Opportunity Credit and the Lifetime Learning Credit.

To obtain your 1098T information, you may access it through Jagwire:

After logging in, navigate to:

Student Services > Student Business Services > Print Tax Notification (1098T) > Select Tax Year

FAQs

View the 1098-T form to understand what each box represents.

1098-example-graphic

Box 1	Payments received for qualified tuition and related expenses during the tax year up to the amount of your qualified tuition and fees. Payments include cash/check, credit card, student loans, scholarships, grants and other financial aid awards, third-party sponsorships, stipends and tuition assistance
Box 4	Reflects reductions in charges for qualified tuition and related expenses made during this calendar year that relate to amounts billed that were reported in a prior year. This could impact a tax credit for a prior year
Box 5	Reflects the total of scholarships, grants and third-party sponsorships that were posted during the calendar year
Box 6	Reflects reductions in scholarships, grants, or third-party sponsorships reported for a prior year. This could impact a tax credit for a prior year
Box 7	Reflects reductions in scholarships, grants, or third-party sponsorships reported for a prior year. This could impact a tax credit for a prior year
Box 8	Is checked if a student is at least half-time during any academic period during the calendar year
Box 9	Is checked if classified as graduate student.

Student accounts are charged by registering for classes. If you registered during early spring registration (typically November or December), tuition and fees were charged to your account at that time, making those charges eligible to claim the previous year, provided there were also payments during that time, and may have reflected as payments on the previous year's 1098-T. Please note that if a student receives a scholarship or grant for spring, those will apply to the account in January for the spring semester. So while the student's other payments may appear on the previous year's 1098-T, the scholarship or grant will appear on the current 1098-T.

If the University did not have a valid address for you at the time of preparation, a 1098-T would not have been prepared for you. Also, if the total of scholarships or grants exceeded eligible payment amounts, a 1098-T form may not have been prepared for you. To obtain your 1098T information, you may access it through JagWire:

Once there, log in and click:

Student Services > Student Business Services > Print Tax Notification (1098T) > Select Tax Year

From here, enter the desired tax year and your 1098T will be displayed, along with supplemental information of the eligible payment amounts followed by any grants or scholarships and any adjustments to prior year grants or scholarships.

1098-T forms are mailed to the student's permanent residence listed in JagWire. If your 1098-T was mailed to the wrong address, please make sure all information in JagWire is currently up-to-date. You may update your address through JagWire or you may contact the Welcome Center (210) 784-1300 for assistance.

Beginning in 2012, VA Benefits received under the Post 9/11 GI Bill are now reported as scholarships on the 1098-T form in Box 5. They are also included in Box 1. Although VA benefits are not considered a resource when need is calculated, the IRS has defined Box 5 to include payments received from governmental entities. The definition of Box 5 is:

The total amount of any scholarships or grants 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 3rd parties (excluding family members and loan proceeds). This includes payments received from governmental and private entities such as the Department of Defense, civic, and religious organizations, and nonprofit entities.

For more information you may access http://www.irs.gov/pub/irs-pdf/i1098et.pdf.

Texas A&M University-San Antonio will be glad to answer questions about your eligible payment amounts and assist you with any corrections of address or social security number.

For payment questions you may contact Student Business Services at (210) 784-2035. For address or social security number corrections you may contact the Welcome Center at (210) 784-1300.

You may also want to consider viewing the following Web sites for more detailed information:

http://www.irs.gov (type 1098-T in search box)
www.irs.gov/pub/irs-pdf/p5197.pdf
IRS Publication 970, "Tax Benefits for Education"

* Texas A&M University-San Antonio is not authorized to offer any personal tax advice. Please address all questions and concerns regarding personal tax matters to a tax consultant/advisor or the IRS directly @ 1-800-829-1040.

Student Business Services

1098-T Information/Guide

FAQs

What is the 1098-T?

Understanding Your 1098-T Form

Why is there nothing represented in Box 2 on my 1098-T?

What are the American Opportunity Tax Credit and the Lifetime Learning Tax Credit?

What charges are considered "qualified" or "eligible" charges?

What charges are considered "non-qualified" charges?

What is the timeline for the 1098-T?

Why do my Spring semester charges not appear on my 1098-T?

I did not receive my 1098T in the mail. How do I obtain a copy?

Why was my 1098-T mailed to the wrong address?

Do I actually submit the 1098-T with my tax return?

How are VA Benefits reported on my 1098T form?

I still have questions. Who can I contact?