1098-T Education Tax Benefits
- General Overview
- What You Can Expect From the University
- When and Where the 1098-T Forms Will Be Available
- View or Print IRS Form 1098-T
- What's New
- Tax Benefits for Education
- Frequently Asked Questions
- W-9S (substitute form)
As an eligible education institution, UT Arlington is required to file a 1098-T Tuition Statement to report enrollment and other identifying information for each U.S. resident student who was billed for any qualified tuition and related expenses during the tax year, as defined by the IRS. Universities are not required to file a 1098-T for students who are Nonresident aliens for U.S. income tax purposes. As a result, Nonresident Alien Students may not receive a 1098-T.
What You Can Expect From the University
1098-T Tuition Statement
Students meeting the following criteria will be eligible to receive a 1098-T Tuition Statement:
Incurred charges for qualified tuition and related expenses AND
Have a valid SSN or TIN (Taxpayer Identification Number) in MyMav AND
In addition, UT Arlington will file the 1098-T forms with the IRS.
Box 2 on the 1098-T shows the total amounts BILLED for qualified tuition and related expenses less any related reductions in charges for the tax year (total amount "BILLED," not payments received). If Box 7 on the 1098-T form is checked, the amount in Box 2 includes amounts for an academic period beginning January -- March. See Publication 970 for guidance on how to report these amounts.
When and Where the 1098-T Forms Will Be Available
Your 1098-T Tuition Statement will be available online in MyMav Self Service and will also be postmarked to your designated mailing address by January 31st. If a valid mailing address is not designated in MyMav, it will be mailed to your valid home or campus address. Please take a moment to verify that your addresses are accurate and make any necessary changes in your MyMav Self Service Student Center. It is also extremely important that the University has your name as it appears on your social security card.
View or Print IRS Form 1098-T
To view your past or most recent 1098-T form(s) online, log on to MyMav and visit your Student Center. The 'View1098-T' option is located in the 'other financial' drop down menu under Finances. Please note that forms for any given calendar year are available by January 31st of the following year.
IRS 1098-T forms are available for qualifying students in MyMav Self Service in Adobe Acrobat Secure PDF format. This format may be incompatible with other PDF reading programs. If you experience problems viewing your 1098-T form in Self Service, please make sure you have Adobe Acrobat Reader installed. It can be downloaded for free from Adobe.
Truncating student identification numbers on 1098-T statements
In accordance with IRS Notice 2011-38, your SSN on your online 1098-T form in MyMav will be displayed in its entirety; however, the first 5 digits of your SSN will be masked on the 1098-T form you receive in the mail.
Tax Benefits for Education
There are several education tax incentives available that you may qualify for, which include Education Credits (American Opportunity or Lifetime Learning Credit), Education as a Business Expense, Education Savings Accounts (ESAs), Tuition and Fees Deduction and Qualified Tuition Programs (also known as "529 Plans" or "QTP"). For additional information on these programs, please see the Education Tax Benefits or contact your professional tax advisor.
Frequently Asked Questions
- Why did I receive a 1098-T and what am I supposed to do with it?
- What other information do I need to claim the tax credit?
- Why is Box #1 Blank on my 1098-T when I paid tuition during the tax year?
- I graduated and/or attended last Spring, so why did I not get a 1098-T form this year?
- What are Qualified Tuition and Expenses?
- What are Non-Qualified Expenses?
- How do I claim a credit or deduction?
- I took non-credit courses last year that were required by the university before I could enroll. Why are these amounts not shown on the 1098-T?
- How is my Financial Aid Reported?
Why did I receive a 1098-T and what am I supposed to do with it?
In January of each year, The University of Texas at Arlington mails an IRS form 1098-T to all students who had qualified tuition and other related educational expenses billed to them during the previous calendar year. This form is informational only and should not be considered as tax opinion or advice. It serves to alert students that they may be eligible for federal income tax education credit or deduction. Receipt of Form 1098-T does not indicate eligibility for a tax credit or deduction. To determine the amount of qualified tuition and fees paid and the amount of scholarships and grants received, the taxpayer should use their own financial records.
What other information do I need to claim the tax credit?
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. Most of the information needed must come from the student's personal financial records of what the student paid for during the calendar year. Additionally, each taxpayer and his or her tax advisor must make the final determination of qualifying expenses.
Why is Box #1 Blank on my 1098-T when I paid tuition during the tax year?
The IRS gives colleges and universities the choice to either report Box #1 Payments Received or Box #2 Amounts Billed. UT-Arlington has chosen to supply information for Box #2 Amounts Billed, which refers to tuition and related expense amounts billed on the student’s account during the associated tax year (January 1 through December 31).
I graduated and/or attended last Spring, so why did I not get a 1098-T form this year?
If you attended in the Regular Spring and/or Spring Intersession last year, you may need to reprint last year's 1098-T form. Students are billed for these two sessions as early as November and December, depending on the date of enrollment; therefore, the charges may have been included on the previous year's 1098-T.
What are Qualified Tuition and Expenses?
Qualified higher education expenses means tuition, fees, books, and course materials required for enrollment or attendance at an eligible educational institution that were billed from Jan 1 to December 31 of the tax year. Please refer to the IRS for additional information at www.irs.gov/instructions/i1098et/ar02.html.
What are Non-Qualified Expenses?
Non-qualified expenses are amounts billed for any course or other education involving sports, games, or hobbies, unless the course or other education is part of the student's degree program or is taken to acquire or improve job skills.
Charges and fees for room, board, insurance, medical expenses (including student health fees), transportation, and similar personal, living, or family expenses are also considered non-qualified expenses.
Please refer to the IRS for additional information at www.irs.gov/instructions/i1098et/ar02.html.
How do I claim a credit or deduction?
The university cannot advise students on the preparation of their tax return. Information for calculating a credit or deduction can be found in IRS Publication 970, which is available at www.irs.gov.
I took non-credit courses last year that were required by the university before I could enroll. Why are these amounts not shown on the 1098-T?
The university does not generate 1098-T information for non-credit courses, even if they were required by the university.
How is my Financial Aid Reported?
Financial aid, including scholarships and/or grants, is only reported when it is not expected to be paid back by the student. Similar to tuition and other applicable charges, financial aid is reported on your 1098-T according to the calendar year that it was posted to your account, not necessarily the year it was applied or refunded. Any change reflected in this amount for future years will be reported on a future year's 1098-T form.
- Student Accounts:
- The Taxpayer Relief Act of 1997
- Internal Revenue Service (IRS)
- Sample 1098-T
- IRS Publication 970 - Tax Benefits for Education
- IRS Notice 97-60 - Consumer Guidance on Education Tax Incentives
- IRS Form 8863 - Tax Benefits for Education: Information Center
- IRS Taxpayer Advocate Service
Did You Know?
- There is no Installment Plan for the summer sessions. Tuition must be paid in full by the summer session payment dates. Students can get an enrollment loan at the Student Accounts that will secure their tuition for the full summer term.
- Students need to be sure they have signed a new Master Promissory Note and/or complete entrance counseling with the U.S. Department of Education if they plan to receive a loan for the 2014-2015 school year. The process can be done at studentloans.gov.
- Financial aid is normally posted to student accounts 10 business days before the first day of class. Refunds are within 10 business days after any credit from financial aid appears on the student account.
- Direct deposit is the safest and most efficient method for students to receive their refunds. This process can be setup by logging onto the student service center.
- Texas Tomorrow students can setup their accounts to be paid for each long session in the fall and spring by taking their Texas Tomorrow card and student ID to Student Accounts and signing the Texas Tomorrow document. This process will be in place for 4 years.
- Refund checks are either mailed or sent by direct deposit. Checks are not available for pick up at Student Accounts. Direct deposit is the preferred refund method and can be setup by logging onto the student service center.
- Federal law requires that students sign a release of information before Student Accounts personnel can discuss a student account with a parent. The document is available in Student Accounts on the first floor of Davis Hall, Room 130.
- Students who need help finding a job of campus can go to http://www.uta.edu/snapjob and register in the Snap Job System. New users of the system will have to register and provide information including their 10 digit student account number.
- The UTA Health Center provides timely and inexpensive healthcare for students and faculty. The Center is open from 8 am to 5 pm Monday through Friday and 10 am to 1 pm on Saturday during the long terms. Appointments call 817-272-2771.
- Students can print their own enrollment verification on-line. Log into MyMav and click on the Enrollment Verification Certificate to access the National Student Loan Clearing House (NLSC) website.
- NCAA athletics are an exciting and inexpensive form of entertainment that is available to all students. From volleyball in the fall, basketball in the winter and softball, baseball and track in the spring, students with a UTA ID can attend all sporting events by just showing their UTA ID.