UW-Superior Student Tax Reporting Information for 2007
Attention Taxpayers - Taxpayer Relief Act Implications for Tuition Payments
The Federal Taxpayer Relief Act of 1997 enacted certain tax incentives for post secondary educational expenses. Some taxpayers may be eligible to claim a tax credit against their federal income taxes for qualified tuition paid for EACH student in the taxpayer's family (i.e., the taxpayer, taxpayer's spouse, and eligible dependents) in the 2007 tax year.
1098-T Statements
UW-Superior is filing 1098-T statements for 2007 using the amounts billed reporting option outlined by the IRS. The amounts provided indicate qualified tuition amounts billed during the calendar year. There is no statement on behalf of the University that the student actually paid the amounts indicated. Students with qualifying tuition and related expenses during 2007 should receive a 1098-T statement by February 1, 2007. The provisions of the Federal Taxpayer Relief Act of 1997 create several tax benefits for families who are paying higher education costs. Whether you can actually take advantage of these benefits depends on your individual facts and circumstances.
Tax Incentives for Higher Education Expenses
To determine eligibility for the Hope Scholarship Credit and Lifetime Learning Credit higher education tax benefits view the Internal Revenue Service Web Site at:
Notice 97-60 Tax Incentives for Higher Education
Your Total Payments Made in 2007 for All Terms
You can determine your total charges, total payments, and total financial aid by accessing the E-Hive web site at: www.uwsuper.edu You will need an E-Hive login and password to access the information. If you do not know your E-Hive login and password please contact the Computing & Media Services help desk Monday thru Friday, 8:00 a.m. to 5:00 p.m. at (715) 394-8300 or from out of town at (800) 806-2890.
Once you have accessed the E-Hive system locate the "Finances" area and click on the "View Bill" link. Choose the appropriate semester(s) for your 2007 tax reporting. View the semester billing statement (example: Fall Semester 2007) and choose the "Click here to view your account detail" link. If your internet browser does not launch a new window you will need to disable your pop-up blocker. Next choose the appropriate semester then click the "View Account Detail" link. Print the "Account Detail for Term" page for your tax records as this information is the basis for your semester billing statements and your 1098-T statement.
Requests for students unable to visit the campus web site should be directed to:
Telephone 715-394-8225. Leave your name, student ID number, telephone number, and a short message explaining your problem and a representative will return your call.
Email cwold@uwsuper.edu . Provide your name, student ID number, telephone number and a short message explaining your problem and a representative will contact you.
Email Distance Learning Students only bdalpiaz@uwsuper.edu . Provide your name, student ID number, telephone number, and a short message explaining your problem and a representative will contact you.
Although these sites provide information to help you determine your qualifying credit, it does not represent a statement on the part of UW-Superior that you are actually eligible to receive a tax credit. The campus is unable to make this determination for you. Whether you can take advantage of these benefits depends on your individual facts and circumstances. To help make this determination, contact your tax advisor or the Internal Revenue Service; or read the provisions of the Taxpayer Relief Act as provided in the IRS Web site referenced above.
Additional Information
If (after visiting the E-Hive Website and reviewing the IRS regulations) you're still unsure of your total qualifying tax credits, contact your tax advisor or the IRS for help. The campus is not authorized to give tax advice.
If you disagree with the amounts displayed for your account on the E-Hive website and have evidence to the contrary, please contact us. You can contact us by:
Telephone 715-394-8225. Leave your name, student ID number, telephone number, and a short message explaining your problem and a representative will return your call.
Email at: cwold@uwsuper.edu Provide your name, student ID number, telephone number and a short message explaining your problem and a representative will contact you.