1098-T Tax Credits
The 1098-T Tuition Statement, is a tax statement used to assist the taxpayer in determining eligibility for certain education tax credits for qualified tuition and related expenses paid during the tax year.
Whittier College mails a 1098-T Tuition Statement by January 31 of each year to all eligible students (US citizens, Permanent residents, and Non-resident aliens who have a taxpayer identification number TIN) who enrolled in spring, summer or fall terms during the previous calendar year. The statement will be mailed to a student's permanent address on file. If you are unsure about your eligibility for a tax credit, please consult with a qualified tax preparer or the IRS Publication 970. Whittier College employees cannot offer tax advice regarding these credits.
View or obtain a copy of your 1098-T
Whittier College will send you a copy of Form 1098-T by U.S. Mail and also publish it to your My.Whittier account. The form will be available no later than January 31 for the previous calendar year. Whittier College will send you an e-mail reminder when the form becomes available.
You may opt for paperless delivery of your 1098 -T
- Log in to your My.Whittier
- On the For Students page, click the "Tax Notification (1098-T)" link.
- Select Tax Forms from the left side menu.
- Click the Sign Up button and complete the agreement.
You can revert to a paper form at any time through your My.Whittier Online Student Account Portal.
Information Reported on the 1098-T
A student's name, social security number, address, and enrollment status (undergraduate, graduate, half-time, full-time) are reported on the 1098-T. Beginning in the tax year 2018, institutions are required to report the payments received from all sources for qualified tuition and related expenses (Box1). This amount will not be greater than the amount billed for eligible tuition and fees. Charges and fees for room, board, insurance, medical expenses (including student health fees), transportation, and similar personal, living, or family expenses are not considered QTRE.
Beginning in tax year 2003, education institutions must also report amounts to the IRS pertaining to qualified tuition and related expenses, as well as scholarships and/or grants, taxable or not.