UNIVERSITY OF WISCONSIN River Falls

Tax Information

1098T Frequently Asked Questions

FORM 1098-T FREQUENTLY ASKED QUESTIONS:

1.  What is a 1098T?

 The 1098-T form is used by eligible educational institutions to report information about their students to the IRS as required by the Taxpayer Relief Act of 1997. Eligible educational institutions are required to submit the student's name, address, taxpayer's identification number (TIN), enrollment status, amounts pertaining to qualified tuition and related payments, and scholarships and/or grants, taxable or not. A 1098-T form must also be provided to each applicable student.

2. Why did I receive a Form 1098-T?

 In January of each year, the University of Wisconsin System mails 1098-T, to all students who had qualified tuition and other related educational expenses paid during the previous calendar year.

3. Did you send a copy of this form to the IRS?

 Yes. Section 6050S of the Internal Revenue Code, as enacted by the Taxpayer Relief Act of 1997, requires institutions to file information returns to assist taxpayers and the IRS in determining eligibility for the Hope and Lifetime Learning education tax credits.

4. For Box 1, what educational expenses are included when determining Payments Received for Qualifying and Related Expenses?

Qualified tuition and related expenses refer to tuition and required fees, such as segregated fees and lab fees, a student must pay to be enrolled at or attend an eligible education institution.  Tuition waivers and remissions are considered reductions to qualified tuition and expenses.

Qualified expenses do not include:

1.  Amounts paid for any course or education involving sports, games or hobbies unless the course or other education is required as part of the student's degree program or is taken to acquire or improve job skills.

2.  Charges and fees for room, board, insurance, transportation, personal, living and other family expenses.

3.  The cost of books and equipment are generally not qualified expenses because eligible educational institutions usually do not require that the cost of the books or equipment be paid to the institution as a condition of the student's enrollment or attendance at the institution.  However, some campuses may have a mandatory textbook fee or rental program which may be included as a qualified related expense.

5.  Why isn't there an amount in Box 2?

In previous years, Box 2 reported amounts billed for qualified tuition and related expenses.  In 2018, the IRS required reporting in Box 1 of amounts paid for qualified tuition and related expense. Box 2 is no longer a reporting option.

6.  I did not keep information on my payments and student loan disbursements. Where can I get copies?

 This information may be found on your campus' Student Information Systems on your tuition account or on-line billing statement history. If you are a parent looking for this information for a student, please ask your student to access this information for you.

7.  What amounts appear in Box 4 - Adjustments made for a prior year?

 This box shows the amount of any tuition and fees reductions in the current calendar year for charges that were billed in a previous calendar year.

8.  How did the University determine the amounts to include in Form 1098T Box 5 - Scholarships or Grants?

The figure in Box 5 includes scholarships, grants and, if applicable, payments made by a third party under formal billing arrangements (i.e. outside scholarships, employer provided educational assistance (regardless of taxability), military, etc.) which have been administered by the University of Wisconsin System.  If you received other forms of outside scholarships and grants not administered by the University of Wisconsin System, it is your responsibility to adjust the figure accordingly.  Third party payments do not include payments made by your parent or other individuals.

9.  I am being taxed on my employer provided educational assistance. Why should this be considered a scholarship or grant?

 The University of Wisconsin System does not determine whether your education benefits are being taxed by your employer. As such scholarships and grants are increased by 100% of any employer provided payments under a formal billing arrangement and it is up to the student to adjust their qualified tuition and related expenses accordingly based on the taxability of their employer benefits.

10. What amounts appear in Box 6 - Adjustments to scholarships or grants for a prior year?

 This box shows the amount of any scholarship, grant, and if applicable, third party reductions in the current calendar year for aid that was credited in a previous calendar year.

11.  Why is there no check mark in Box 8 - at least part-time?

 Box 8 will not be checked if you were not enrolled as a half-time student or more during any academic period that began in 2018.

12. What is the purpose of Box 9 – graduate student?

 Box 9 will be checked if you were enrolled as a graduate student for at least one academic period during the calendar year.

13. What if my 1098-T has the incorrect social security number on it?

 The single most important information on the form is your Social Security Number . You must submit a written request to change or correct your SSN by mail or in person to the Registrar's Office.  You may be required to supply a signed, legible copy of your Social Security card or complete Form W-9S (Request for Student's or Borrower's Taxpayer Identification Number and Certification). Form W-9S is the official IRS form used to state your SSN.  You need only complete Part I of this form when requesting a 1098-T.  Enter your SSN in the spaces marked "Taxpayer identification number.”

14. I am a foreign student; can I claim a credit?

Generally, foreign students cannot claim a credit.  However, some foreign students may be eligible.  Review IRS forms, instructions and publications for guidance.

15. I have not received my 1098-T. What address was it mailed to?

1098-T forms are mailed to the student's home address as maintained by the University of Wisconsin System Campus Registrar's Offices.

16.  My name listed on the 1098-T has changed. What do I need to do correct it?

 Your name is a key element on your tax information. Follow your campuses' process for changing your name so that the University has up to date information .

17.  My address listed on the 1098-T has changed. Will this affect me when I file my tax return?

No.  The address shown on Form 1098-T is irrelevant for IRS income tax filing purposes.  However, you should update your address in eSIS so that the University has up-to-date information.

18.  I misplaced my copy of the Form 1098-T. How do I get a copy of my 1098-T form?

To receive a copy of your 2018 1098-T, please email billing@uwrf.edu and a copy will be either mailed to your home address or available for pickup at the student billing office.

For 1098-T forms prior to 2018, you may access the form online at getmydocument.com at any time. If you have trouble accessing your 1098-T at this site, please call (877) 322-4574. Vendor representatives are available Monday-Friday, 7a.m. to 5p.m. Central time.

Contact Us

Student Billing

billing@uwrf.edu

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