Form 1098-T Tuition Statement
The Internal Revenue Service (IRS) requires the University to issue Form 1098-T, Tuition Statement, to each eligible student by January 31. Form 1098-T contains information about qualified tuition and related expenses to help determine whether you, or the person who can claim you as a dependent, may take either the tuition and fees deduction or claim an education credit to reduce Federal income tax. For more information see IRS Pub. 970, Tax Benefits for Higher Education.
The Bursar's Office cannot provide any tax advice, only confirm and explain what has been reported on the Form 1098-T. For more information about your ability to claim a tax deduction or tax credit, contact a tax professional. For questions regarding your summary of calculation of charges contact the Bursar's Office at (203) 392-6140 or via email.
If you fail to furnish your correct SSN to the requester (SCSU), you are subject to a penalty of $50 unless your failure is due to reasonable cause and not to willful neglect. If SCSU discloses or uses your SSN in violation of Federal law, SCSU may be subject to civil and criminal penalties.
Privacy Act Notice
Section 6109 of the Internal Revenue Code requires you to give your correct SSN or ITIN to requester (SCSU) who must file information returns with the IRS to report certain information. The IRS uses the numbers for identification purposes and to help verify the accuracy of your tax return. The IRS may also provide this information to the Department of Justice.
To view and print your 1098-T online:
- Go to the website www.1098-t.com
- Click on "Access My Record"
- Enter SSN and last name OR your may choose to log in with your school ID
- Enter PIN OR leave blank if this is your first time accessing the site
- Click Log In
- You will be prompted to enter the following information to create a new PIN: First Name, Last Name, Date of Birth and enter a desired PIN and Mother's Maiden Name.
Why are my qualified payments not listed in Box 1?
According to IRS guidelines, institutions must choose to report either (Box 1) payments received for qualified tuition and related expenses or (Box 2) amounts billed for qualified tuition and related expenses. Since payments made are not directly allocated to specific charges and it would be impossible to verify if a certain payment was designated for a certain charge, Southern Connecticut State University elected to report the "Total Amounts Billed" (Box 2).
What is included in Box 2, amounts billed for qualified tuition and related expenses?
Box 2 includes tuition and mandatory fees that were billed between January 1 and December 31. Qualified tuition and fees include tuition charges as well as mandatory student fees such as lab fees, student activity fee, and general fees. Room, board, state university fee, and health insurance fees are not included in qualified tuition and fees as determined by IRS regulations.
NOTE: We report the total amount of qualified tuition and fees in a given tax year. For example, if the tuition and fees for the spring of 2012 are posted on student accounts in December of 2011, the amounts will be reflected on the 2011 1098-T form.
Why was I excluded from receiving a Form 1098-T?
Southern Connecticut State University is not required to issue a Form 1098-T to students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships, grants, and third-party (employer-provided or tax-free tuition assistance) payments (when Box 5 is equal to or greater than Box 2). It is the taxpayer's responsibility to determine the amount of qualified tuition and fees paid, and to determine whether they are eligible for any tax credits.
Student Enrollment Status
To assist the student and the IRS in determining if the student qualifies for these tax credits, the university is required to indicate whether the student was enrolled at least half time for one semester during the calendar year. The IRS also requires the university to indicate if the student was enrolled exclusively in graduate level courses. If this indicator is marked, it could mean the student is not eligible for the American Opportunity credits