Skip to content

1098-T Information

The University cannot provide tax advice. Please consult your tax professional to find out more about your eligibility for tax credits and/or the taxability of your scholarships.
IRS WebsiteFAQs1098-T FormExplanation of 1098-T

1098-T Changes for 2018

In previous years, your 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) we billed to your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE you paid during the year.

Depending on your income (or your family’s income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in IRS Publication 970, page 9.)

The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of your tax return.

The University of Tennessee is unable to provide you with individual tax advice, but should you have questions, you should seek the counsel of an informed tax preparer or adviser.

Below is a blank sample of the 2018 Form 1098-T, that you will receive in January 2019, for your general reference. For more information about Form 1098-T, visit https://www.irs.gov/pub/irs-pdf/f1098t.pdf.

Image of the 1098-T form

Frequently Asked Questions

 

What is Form 1098-T?
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.
When will the 1098-T be mailed?
The IRS requires Form 1098-T to be postmarked by January 31 of the following calendar year. This form is mailed to the student's permanent address (not billing address) that was enrolled at the University of Tennessee for at least half time during the calendar year. Address changes can be made online through Banner Self-Service for your current address. However, any permanent address changes must be done in the Office of the University Registrar.
My address has changed, how do I change my address on the 1098-T?
The address on your 1098-T is the permanent address on your university records. Any permanent address changes must be done in the Office of the University Registrar prior to the printing on the 1098T form.
Is the 1098-T available electronically?
You may print a copy of your 1098-T form online by January 31st .
Why did I receive a 1098-T?
Internal Revenue Code §6050S provides that education intuitions are required to file information returns with the IRS and furnish statements to taxpayers for each student that is enrolled and from whom a reportable transaction is made.
Where can I get a listing of payments made to the University of Tennessee?
Students may view their qualified fees assessed and payments applied to those fees at Banner Self-Service. This site can be accessed with a Net ID and Password. If a student is unable to obtain this information from the website, a statement can be mailed to the students billing address.
How can I find out if I am eligible for a tax benefit?
Read IRS Publication 970 from the IRS web site, contact the IRS at 1.800.829.1040, or contact a tax advisor.
My Form 1098-T contains incorrect information. How can this be corrected?
Contact the Bursar's Office and explain what information you feel is incorrect. If Form 1098-T does contain incorrect information, a corrected form will be issued.
What are Qualified and Non-Qualified expenses?

As determined by the federal government, qualified expenses are defined as expenses required by and paid to the institution for enrollment purposes. They include maintenance, tuition, technology fee, course fee and a portion of the programs and services fee.

Non-qualified expenses are defined as books, room and board, student activities, parking, insurance, equipment, or other similar personal living expenses.

As a result, the amount of qualified expenses will likely be less than the total amount of money paid.

How do I request a duplicate 1098-T?

You may print a copy of your 1098-T online.

Contact the Bursar’s Office at 901.448.5552 or cashier@uthsc.edu. if you have questions about the form.

Please note that the University of Tennessee Health Science Center is prohibited from discussing or disclosing any student information over the telephone or to anyone other than the student themselves. The University cannot send a student’s 1098-T directly to a parent or tax preparer. The student will need to provide the 1098-T to his/her parent or tax preparer.

Federal law requires and ensures privacy of information through FERPA - the Family Education Rights and Privacy Act. For access to tax information and for faster responses to your inquiries, please follow all instructions and required procedures.

What are the amounts reported on the 1098-T?

Box 1- The total payments from any source received by an eligible educational institution in 2018 for qualified tuition and related expenses less any reimbursements or refunds made during 2018 that relate to payments received during 2018. Please note the amount in Box 1 will NOT equal to or sum to the charges paid for calendar year 2018 because all charges are not considered qualified tuition and related expenses as defined by the Internal Revenue Service. Health fees and counseling fees are not qualified; therefore, the full amount of the Program and Services Fee paid will not be reported.

Box 2- Blank 

Box 3-Shows whether the University of Tennessee changed its method of reporting for 2018.  This box will be checked.

Box 4- The amount of any adjustments made for a prior year for qualified tuition and related expenses that were reported on a prior year Form 1098-T.  This amount may reduce any allowable education credit you may claim for the prior year.  See Form 8863 or the IRS Pub 970 for more information.

Box 5- This box includes the total of all scholarships, grants, Internal NPE’s and fee waivers administered and processed by the University.

Box 6- This will be the amount of any adjustments made for prior year scholarships, Internal NPE’s grants, and fee waivers that were reported on a prior year Form 1098-T.  This amount may reduce any allowable education credit you may claim for the prior year.  See Form 8863 or the IRS Pub 970 for more information.

Box 7- If checked indicates that Box 1 includes amounts for an academic period beginning in the next calendar year beginning January-March.  See the IRS Pub. 970 for how to report these amounts.

Box 8- Indicates whether you are considered to be carrying at last one-half the normal full-time workload for your course of study at the University of Tennessee.  If you are at least a half-time student for at least one academic period that begins during the year, you meet one of the requirements for the Hope credit.  You do not have to meet the workload requirement to qualify for the tuition and fees deduction or the lifetime learning credit.

Box 9- Indicates whether you are considered to be enrolled in a program leading to a graduate degree, graduate-level certificate, or other recognized graduate-level educational credential.  If you are enrolled in a graduate program, you are not eligible for the Hope credit, but you may qualify for the tuition and fees deduction or the lifetime learning credit.

Box 10-This box will always be blank on 1098-T form the student receives from the University of Tennessee.

The University cannot provide tax advice.  Please consult your tax professional to find out more about your eligibility for tax credits and/or the taxability of your scholarships.

My 1098-T only shows my financial aid payments and not what I paid. Can you issue a corrected 1098-T?

The University of Tennessee Health Science Center reports amounts billed in box 2 for qualified fees and not paid. If you have additional concerns, contact the Bursar Office at 901.448.5552 or cashier@uthsc.edu.

Why is there an amount in Box 1 and Box 2 is blank for 2018?

Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, the university will report in Box 1 the amount of payments received for qualified tuition and related expenses paid during the calendar tax year 2018.  If you have additional concerns, contact the Bursar Office at (901) 448-5552 or cashier@uthsc.edu.

Last Published: Dec 20, 2018