IRS Form 1098-T "Tuition Statement"

What Is a 1098-T Form?

IRS Form 1098-T, Tuition Statement - also known as the IRS Tuition Statement or the College Tuition Tax Form - is a form that provides information about qualified tuition and related fees paid during the tax year. It is filed with the Internal Revenue Service (IRS) by the educational institution and it can be used by the paying student to calculate their education-related tax deductions and credits. This document also reports any scholarships and grants received that may reduce these deductions or credits.

The IRS issued and revised the form in 2020. Use the link below to download Form 1098-T.

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How Does a 1098-T Affect My Taxes?

This Tuition Statement shows any adjustments made by the school to qualified expenses reported on the 1098-T of the past year. If previous year's expenses were lower than initially reported, the student may have to pay an additional tax for that year.

Students may claim an education credit on Form 1040. The 1098-T form is required to support any claim for an education credit and shows the amount of scholarships and grants paid to the school for the student's expenses. This amount may reduce the amount of qualified expenses when calculating a student's credit.

If the current form shows any adjustments by the school to scholarships and grants reported on a previous year's 1098-T, the student's tax liability for the previous year may be altered, and an amended return may have to be filed by the student.

How to Get 1098-T Form?

If you are an eligible educational institution or an insurer, the official Copy A may be ordered through the IRS website and received by mail. Fillable Copies B and C may be downloaded, printed and used to satisfy the requirement to furnish the statement to the payer.

If you are an eligible post-secondary student, you will receive a copy of this form every year. This form may be furnished to you by the educational institution or the insurer that reimbursed or refunded qualified educational expenses to you. Qualified expenses include tuition, an enrollment fee, and required course materials.

IRS Form 1098-T Instructions

The IRS provides separate instructions for Form 1098-T, which you can find on the IRS website or by clicking on this link. Schools can report a student's qualified expenses based on how much the student actually paid (in Box 1) or on how much the school billed the student during the year (in Box 2). Eligible educational institutions must file the form for each enrolled student for whom a reportable transaction is made. Insurers must file Form 1098-T for each individual to whom they made reimbursements or refunds of qualified tuition and related expenses.

Fillable Form 1098-T copies B and C are available online in pdf format at the IRS website. The students who paid tuition or related reportable expenses will be provided with this form by January 31, 2020.

Qualified schools must file electronically if they need to file 250 or more returns. Paper forms must be filed by February 28, 2020, or March 31, 2020, if filed electronically. Late filing penalties shall apply if the educational institution fails to file a correct return by the due date without a reasonable cause. The penalties are as follows:

  • $50 per information return if you correctly file within 1 month;
  • $110 per information return if you correctly file more than 1 month after the due date but by August 1;
  • $270 per information return in case the return is filed after August 1 or not filed at all.

Taxpayers who mail paper versions of their tax returns should enclose a Form 1096 with their Form 1098-T. You can file information returns electronically via the IRS Filing Information Returns Electronically (FIRE) system or the IRS Affordable Care Act Information Returns (AIR) program.


IRS 1098-T Related Forms:

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Download IRS Form 1098-T "Tuition Statement"

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8383
VOID
CORRECTED
FILER’S name, street address, city or town, state or province, country, ZIP or
1 Payments received for
OMB No. 1545-1574
qualified tuition and related
foreign postal code, and telephone number
expenses
2020
Tuition
$
Statement
2
1098-T
Form
Copy A
FILER’S employer identification no.
STUDENT’S TIN
3
For
Internal Revenue
STUDENT’S name
4 Adjustments made for a
5 Scholarships or grants
prior year
Service Center
$
$
File with Form 1096.
6 Adjustments to
7 Check this box if the
Street address (including apt. no.)
For Privacy Act and
amount in box 1
scholarships or grants
Paperwork Reduction
includes amounts for
for a prior year
Act Notice, see the
an academic period
City or town, state or province, country, and ZIP or foreign postal code
beginning January–
2020 General
$
March 2021
Instructions for
8 Check if at least
9 Check if a graduate
10 Ins. contract reimb./refund
Service Provider/Acct. No. (see instr.)
Certain Information
half-time student
student
Returns.
$
1098-T
Form
Cat. No. 25087J
www.irs.gov/Form1098T
Department of the Treasury - Internal Revenue Service
Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page
8383
VOID
CORRECTED
FILER’S name, street address, city or town, state or province, country, ZIP or
1 Payments received for
OMB No. 1545-1574
qualified tuition and related
foreign postal code, and telephone number
expenses
2020
Tuition
$
Statement
2
1098-T
Form
Copy A
FILER’S employer identification no.
STUDENT’S TIN
3
For
Internal Revenue
STUDENT’S name
4 Adjustments made for a
5 Scholarships or grants
prior year
Service Center
$
$
File with Form 1096.
6 Adjustments to
7 Check this box if the
Street address (including apt. no.)
For Privacy Act and
amount in box 1
scholarships or grants
Paperwork Reduction
includes amounts for
for a prior year
Act Notice, see the
an academic period
City or town, state or province, country, and ZIP or foreign postal code
beginning January–
2020 General
$
March 2021
Instructions for
8 Check if at least
9 Check if a graduate
10 Ins. contract reimb./refund
Service Provider/Acct. No. (see instr.)
Certain Information
half-time student
student
Returns.
$
1098-T
Form
Cat. No. 25087J
www.irs.gov/Form1098T
Department of the Treasury - Internal Revenue Service
Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page
CORRECTED
FILER’S name, street address, city or town, state or province, country, ZIP or
1 Payments received for
OMB No. 1545-1574
qualified tuition and related
foreign postal code, and telephone number
expenses
2020
Tuition
$
Statement
2
1098-T
Form
Copy B
FILER’S employer identification no.
STUDENT’S TIN
3
For Student
STUDENT’S name
4 Adjustments made for a
5 Scholarships or grants
This is important
prior year
tax information
and is being
$
$
furnished to the
6 Adjustments to
7 Checked if the amount
Street address (including apt. no.)
IRS. This form
in box 1 includes
scholarships or grants
must be used to
amounts for an
for a prior year
complete Form 8863
academic period
City or town, state or province, country, and ZIP or foreign postal code
to claim education
beginning January–
credits. Give it to the
$
March 2021
tax preparer or use it to
8 Check if at least
9 Checked if a graduate
10 Ins. contract reimb./refund
Service Provider/Acct. No. (see instr.)
prepare the tax return.
half-time student
student
$
1098-T
Form
(keep for your records)
www.irs.gov/Form1098T
Department of the Treasury - Internal Revenue Service
Instructions for Student
year Form 1098-T. This amount may reduce any allowable education credit that
you claimed for the prior year (may result in an increase in tax liability for the
You, or the person who can claim you as a dependent, may be able to claim an
year of the refund). See “recapture” in the index to Pub. 970 to report a
education credit on Form 1040 or 1040-SR. This statement has been furnished
reduction in your education credit or tuition and fees deduction.
to you by an eligible educational Institution in which you are enrolled, or by an
Box 5. Shows the total of all scholarships or grants administered and processed
insurer who makes reimbursements or refunds of qualified tuition and related
by the eligible educational institution. The amount of scholarships or grants for
expenses to you. This statement is required to support any claim for an
the calendar year (including those not reported by the institution) may reduce
education credit. Retain this statement for your records. To see if you qualify for
the amount of the education credit you claim for the year.
a credit, and for help in calculating the amount of your credit, see Pub. 970,
TIP: You may be able to increase the combined value of an education credit and certain
Form 8863, and the Instructions for Forms 1040 and 1040-SR.
educational assistance (including Pell Grants) if the student includes some or all of the
Your institution must include its name, address, and information contact telephone
educational assistance in income in the year it is received. For details, see Pub. 970.
number on this statement. It may also include contact information for a service provider.
Box 6. Shows adjustments to scholarships or grants for a prior year. This
Although the filer or the service provider may be able to answer certain questions about
amount may affect the amount of any allowable tuition and fees deduction or
the statement, do not contact the filer or the service provider for explanations of the
education credit that you claimed for the prior year. You may have to file an
requirements for (and how to figure) any education credit that you may claim.
amended income tax return (Form 1040-X) for the prior year.
Student’s taxpayer identification number (TIN). For your protection, this form may
Box 7. Shows whether the amount in box 1 includes amounts for an academic period
show only the last four digits of your TIN (SSN, ITIN, ATIN, or EIN). However, the issuer
beginning January–March 2021. See Pub. 970 for how to report these amounts.
has reported your complete TIN to the IRS. Caution: If your TIN is not shown in this
Box 8. Shows whether you are considered to be carrying at least one-half the
box, your school was not able to provide it. Contact your school if you have questions.
normal full-time workload for your course of study at the reporting institution.
Account number. May show an account or other unique number the filer
Box 9. Shows whether you are considered to be enrolled in a program leading
assigned to distinguish your account.
to a graduate degree, graduate-level certificate, or other recognized graduate-
Box 1. Shows the total payments received by an eligible educational institution
level educational credential.
in 2020 from any source for qualified tuition and related expenses less any
Box 10. Shows the total amount of reimbursements or refunds of qualified tuition
reimbursements or refunds made during 2020 that relate to those payments
and related expenses made by an insurer. The amount of reimbursements or refunds
received during 2020.
for the calendar year may reduce the amount of any education credit you can claim
Box 2. Reserved.
for the year (may result in an increase in tax liability for the year of the refund).
Box 3. Reserved.
Future developments. For the latest information about developments related to
Box 4. Shows any adjustment made by an eligible educational institution for a
Form 1098-T and its instructions, such as legislation enacted after they were
prior year for qualified tuition and related expenses that were reported on a prior
published, go to www.irs.gov/Form1098T.
VOID
CORRECTED
FILER’S name, street address, city or town, state or province, country, ZIP or
1 Payments received for
OMB No. 1545-1574
qualified tuition and related
foreign postal code, and telephone number
expenses
2020
Tuition
$
Statement
2
1098-T
Form
Copy C
FILER’S employer identification no.
STUDENT’S TIN
3
For Filer
STUDENT’S name
4 Adjustments made for a
5 Scholarships or grants
prior year
For Privacy Act and
$
$
Paperwork
Reduction Act
6 Adjustments to
7 Check this box if the
Street address (including apt. no.)
Notice, see
amount in box 1
scholarships or grants
includes amounts for
the 2020 General
for a prior year
an academic period
City or town, state or province, country, and ZIP or foreign postal code
Instructions for
beginning January–
Certain Information
$
March 2021
Returns.
8 Check if at least
9 Check if a graduate
10 Ins. contract reimb./refund
Service Provider/Acct. No. (see instr.)
half-time student
student
$
1098-T
Form
www.irs.gov/Form1098T
Department of the Treasury - Internal Revenue Service
Instructions for Filer
To complete Form 1098-T, use:
File Copy A of this form with the IRS by March 1,
2021. If you file electronically, the due date is March 31,
• The 2020 General Instructions for Certain Information
2021. To file electronically, you must have software that
Returns, and
generates a file according to the specifications in Pub.
• The 2020 Instructions for Forms 1098-E and 1098-T.
1220. The IRS does not provide a fill-in form option for
To order these instructions and additional forms, go
Copy A.
to www.irs.gov/Form1098T.
Caution: By checking the box in STUDENT’S TIN, you
Caution: Because paper forms are scanned during
are making a true and accurate certification under
processing, you cannot file Forms 1096, 1097, 1098,
penalty of perjury that you have complied with
1099, 3921, or 5498 that you download and print from
standards promulgated by the Secretary for obtaining
the IRS website.
such individual’s TIN.
Due dates. Furnish Copy B of this form to the student
Need help? If you have questions about reporting on
by February 1, 2021. For information on furnishing Form
Form 1098-T, call the information reporting customer
1098-T electronically, see the separate Specific
service site toll free at 866-455-7438 or 304-263-8700
Instructions for Form 1098-T.
(not toll free). Persons with a hearing or speech
disability with access to TTY/TDD equipment can call
304-579-4827 (not toll free).
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