[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-302178-105":3,"detail-sidebar-cat-1-en-105":84,"doc-detail-302178-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":77,"head_meta":79,"extra_data":81,"updated_unix":83},105,"en","1098-t-and-tuition-tax-credits-irs-form-1098-t-guidance","1098-T and Tuition Tax Credits  - IRS Form 1098-T guidance","","IRS Form 1098-T Tuition Statement summarizes payments made for qualified education expenses during the calendar year and supports calculating education tax credits. The guidance explains IRS reporting rules starting with the 2018 tax year, including Box 1 qualified tuition and related expenses (QTRE) and Box 5 scholarships and grants. It clarifies what counts as qualified expenses, what is excluded (e.g., housing, meal plans, books), document delivery requirements for SSN and address, and how to view 1098-T electronically via the billing portal.",{"@graph":14,"@context":76},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/1098-t-and-tuition-tax-credits-irs-form-1098-t-guidance/302178/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/1098-t-and-tuition-tax-credits-irs-form-1098-t-guidance/302178.png","ImageObject",442,249,{"name":42,"@type":43},"Lucas Vance","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-26","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":26},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68,72],{"name":59,"@type":60,"acceptedAnswer":61},"What does IRS Form 1098-T report for the calendar year?","Question",{"text":62,"@type":63},"Form 1098-T reports payments made for qualified education expenses during the calendar year. It is used together with personal financial records to calculate potential education tax credits.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What qualifies as “qualified tuition and related expenses (QTRE)” in Box 1?",{"text":67,"@type":63},"Box 1 includes amounts paid for qualified tuition and related expenses required for enrollment. It includes personal payments, loans, and scholarship/grant receipts less applicable refunds, and it cannot exceed the qualified expense amount.",{"name":69,"@type":60,"acceptedAnswer":70},"How do scholarships and grants relate to Box 5, and are they subtracted from Box 1?",{"text":71,"@type":63},"Scholarships and grants received during the calendar year are reported in Box 5. The amount in Box 1 is NOT reduced by scholarships and grants reported in Box 5.",{"name":73,"@type":60,"acceptedAnswer":74},"How can students view their 1098-T electronically and what information is required?",{"text":75,"@type":63},"Students who consent can view 1098-T on the online billing site; authorized users can view it only if the student grants permission. SSN and address are required for Colorado College to file and send the correct form, and changes must be handled through the Registrar or online update processes.","https://schema.org",{"og:url":32,"og:type":78,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":80,"canonical":32},"index,follow",{"doc_id":82,"site_id":7},302178,1790456014,{"code":4,"msg":85,"data":86},"success",[87,92,97,102,107,112,117,121,126],{"id":88,"doc_module":22,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},11,"Presentations",90,"presentations",{"id":93,"doc_module":22,"doc_module_name":25,"category_name":94,"show_sort_weight":95,"slug":96},12,"Resumes",80,"resumes",{"id":98,"doc_module":22,"doc_module_name":25,"category_name":99,"show_sort_weight":100,"slug":101},14,"Invoices",70,"invoices",{"id":103,"doc_module":22,"doc_module_name":25,"category_name":104,"show_sort_weight":105,"slug":106},15,"Posters",60,"posters",{"id":108,"doc_module":22,"doc_module_name":25,"category_name":109,"show_sort_weight":110,"slug":111},16,"Social Media",50,"social-media",{"id":113,"doc_module":22,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},17,"Forms",40,"forms",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":119,"slug":120},18,30,"letters",{"id":122,"doc_module":22,"doc_module_name":25,"category_name":123,"show_sort_weight":124,"slug":125},21,"Paper Templates",5,"papers-templates",{"id":127,"doc_module":22,"doc_module_name":25,"category_name":128,"show_sort_weight":4,"slug":129},158,"General","general-158",{"code":4,"msg":85,"data":131},{"doc_id":82,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":22,"category_id":118,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":30,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":30,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":22},549768064622,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","1098-T and Tuition Tax Credits  \nThe IRS Form 1098-T Tuition Statement reports the payments made for qualified education expenses during the calendar year. This form, in conjunction with personal financial records, should assist you and your parents in calculating any educational tax credits you may be eligible for.  \nTo help you determine the tax credit you may be eligible for, please review:  \nIRS Form 8863 – Education Credits ([http://www.irs.gov/pub/irs-pdf/f8863.pdf](http://www.irs.gov/pub/irs-pdf/f8863.pdf))  \nInstructions for Form 8863 ( [http://www.irs.gov/pub/irs-pdf/i8863.pdf](http://www.irs.gov/pub/irs-pdf/i8863.pdf))  \nIRS Publication 970 – Tax Benefits for Higher Education ( [https://www.irs.gov/pub/irs-pdf/p970.pdf](https://www.irs.gov/pub/irs-pdf/p970.pdf))  \nFor additional information, please visit the IRS website ( [https://www.irs.gov/](https://www.irs.gov/)) or discuss with a/your tax advisor.  \nIRS Form 1098-T  \nAs of the 2018 tax year and beyond, IRS Regulations require colleges and universities to report all payments received (up to the amount of qualified tuition and fees) in Box 1 of the 1098-T form.  \nBox 1 : Amounts paid for qualified tuition and related expenses (QTRE) . Includes payments for calendar year (the 2024 Tax Form will consist of the following academic years, Spring 2024, Summer 2024 and Fall 2024) .  \nAmounts reported as payments include personal payments, loans, and scholarship/grants received during the calendar year for qualified education expenses less any refunds issued due to overpayments on the account. Total payments reported in Box 1 cannot exceed the amount of applicable qualified education expenses.  \nQualified education expenses include tuition and fees required for enrollment. Other charges, including housing and meal plans are not considered qualified education expenses for 1098-T purposes.  \nBook expenses are not reported on the 1098-T tax form, although payments may be tax deductible. Currently, CC does not post those fees on student accounts. Keep your invoices and receipts for book transactions in your own tax records.  \nThe amount reported in Box 1 is NOT reduced by scholarships and grants which is reported in Box 5.  \nBox 5 : Scholarships and Grants received during the calendar year. Includes scholarship/grants for calendar year (the 2024 Tax Form will consist of the following academic years, Spring 2024 , Summer 2024 and Fall 2024) .  \nIRS Regulations state, Colleges and Universities are NOT required to provide a 1098-T tax form in the following instances:  \n• Student is enrolled in courses which have no academic credit, even if the student is otherwise enrolled in a degree program.  \n• Students whose qualified tuition and fees are paid entirely with scholarships and/or grants.  \n• If a student withdrew and earned no academic credit.  \n• Students who are not US citizens, unless requested by the student.  \nIMPORTANT: Social Security Number Required and Address Required  \nYou are required to provide your social security number so that we can send you a correct 1098-T and file one with the IRS. To provide your SSN, please complete the taxpayer form online.  \nOnce completed online, the Student Accounts office will receive an email notification of the completed document and your SSN will be updated in our ERP system. To correct an SSN that already exists in our system, please visit the Registrar’s office, located in Armstrong Hall, first floor and provide a copy of your SSN card.  \nYour address is also required on the tax form. If you have had an address change, please update your address with the Registrar’s office via email or visit their office to complete an address change form.  \nColorado College has partnered with our Billing provider, TouchNet, to provide you with your Form 1098-T.  \nVIEW YOUR 1098-T ELECTRONICALLY  \nStudents who have consented to receive the 1098-T electronically can view the form at our online billing site (via Banner SSB) under payments and billi","cbCaifpDcGCAM2Bl","https://ap.wps.com/l/cbCaifpDcGCAM2Bl","pdf",59472,"English","# IRS Form 1098-T Overview\n## Qualified education expenses and reporting rules (Box 1 and Box 5)\n# What is included or excluded\n# Required information: SSN and address\n# Electronic viewing and delivery options\n## Electronic consent and authorized users\n# Questions and tax advice","[{\"question\":\"What does IRS Form 1098-T report for the calendar year?\",\"answer\":\"Form 1098-T reports payments made for qualified education expenses during the calendar year. It is used together with personal financial records to calculate potential education tax credits.\"},{\"question\":\"What qualifies as “qualified tuition and related expenses (QTRE)” in Box 1?\",\"answer\":\"Box 1 includes amounts paid for qualified tuition and related expenses required for enrollment. It includes personal payments, loans, and scholarship/grant receipts less applicable refunds, and it cannot exceed the qualified expense amount.\"},{\"question\":\"How do scholarships and grants relate to Box 5, and are they subtracted from Box 1?\",\"answer\":\"Scholarships and grants received during the calendar year are reported in Box 5. The amount in Box 1 is NOT reduced by scholarships and grants reported in Box 5.\"},{\"question\":\"How can students view their 1098-T electronically and what information is required?\",\"answer\":\"Students who consent can view 1098-T on the online billing site; authorized users can view it only if the student grants permission. SSN and address are required for Colorado College to file and send the correct form, and changes must be handled through the Registrar or online update processes.\"}]","1098-T and Tuition Tax Credits  - IRS Form 1098-T guidance | PDF",1789790037]