The University will provide you with IRS Form 1098-T to help you or your parents determine eligibility for the American Opportunity (formerly Hope Scholarship) or Lifetime Learning Credits. These are education tax credits that might reduce your federal income tax liability, subject to IRS eligibility requirements. The amounts reported on your Form 1098-T may assist you in completing the IRS Form 8863—the form used for calculating the education tax credits that a taxpayer may claim as part of their tax return. If you believe you or your parents might qualify for one of the tax credits, you should obtain IRS Publication 970 and IRS Form 8863 for more information. To obtain copies, call 1-800-TAX-FORM or go to the IRS website. You may also want to consult a professional tax advisor.
The IRS Form 1098-T is made available for download electronically by January 31 via the Maximus TRA Services website for students who have consented to receive the form electronically. Instructions on how to obtain your form can be found here: 1098T Web Access Instructions. The 1098-T is mailed to the permanent home address of students who have elected to receive a paper copy by January 31 for the preceding calendar year. Students who wish to receive a paper copy must fill out the eForm under eTrieve Central Forms titled ‘1098T by Mail Request’ by December 31 of the calendar year being reported.