Form 1098-T, is an American IRS tax form filed by eligible education institutions (or those filing on the institution’s behalf) to report payments received from the paying student during the calendar year. This form, in conjunction with personal financial records, is used to assist you and your parents in calculating any educational tax credits you may be eligible for.
To help determine the tax credit you may be eligible for, please review IRS Form 8863 – Education Credits, Instructions for Form 8863, and IRS Publication 970 – Tax Benefits for Higher Education.
For more information, please visit the IRS website.
Your 2020 1098-T is available by January 31, 2021.
If you, or your parents, have paid qualified tuition expenses during the tax year, you will receive an electronic Form 1098-T via email on file by January 31, 2021.