Student Tax Reporting Information - 1098T

Student Tax Reporting Information - 1098T

As required by the Internal Revenue Service (IRS), Form 1098-T will be furnished to all students who had qualified tuition and other related educational expenses billed to them during the previous calendar year.

The University of Wisconsin System has contracted with University Accounting Services (UAS) to provide the 1098T tax document through a website called "Get My Document". UAS will send reminder e-mails during the month of January. These e-mails will come to your campus e-mail address from 1098T@eforms.uwsa and will contain a link to the "Get My Document" website. Click on the link in the email and follow the instructions to view and print your 1098T document. If students do not electronically access their 1098T by January 31, a paper copy will be mailed to the mailing address on file at UW-Superior.

If your tuition expenses are completely covered by grants, scholarships, and/or a third party, you will not receive a 1098T.

The 1098-T form is informational only and should not be considered as tax advice- please see the IRS website for tax information. It serves to alert students that they may be eligible for federal income tax education credits such as the Lifetime Learning Credit and the American Opportunity Credit as part of their Federal Income Tax Return. IRS Publication 970 "Tax Benefits for Higher Education" as well as Chapter 35 of IRS Publication 17 provide additional information on these credits.While it is a good starting point, the 1098-T, as designed and regulated by the IRS, does not contain all of the information needed to claim a tax credit.To determine the amount of qualified tuition and fees paid, and the amount of scholarships and grants received, a taxpayer should use their own financial records.There is no IRS requirement that you must claim the tuition and fees deduction or an education credit. Claiming education tax benefits is a voluntary decision for those who may qualify.

Frequently Asked Questions

Click on the question to reveal the answer

Student Tax Reporting Information - 1098T FAQs

View FAQs for:

Student Tax Reporting Information - 1098T

Search