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2018 1098T InstructionsContents 1098T Annual Printing ................................................................................................................................. 2 What's New

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What is 1098-t annual printing?

1098-T annual printing is a tax form used by educational institutions to report tuition payments and other financial information to the IRS and to students.

Who is required to file 1098-t annual printing?

Educational institutions that receive payments for qualified tuition and related expenses are required to file 1098-T annual printing.

How to fill out 1098-t annual printing?

To fill out 1098-T annual printing, educational institutions must report the amounts paid for qualified tuition and related expenses, as well as any scholarships or grants received by the student.

What is the purpose of 1098-t annual printing?

The purpose of 1098-T annual printing is to help students and their families determine eligibility for education-related tax benefits, such as the American Opportunity Credit or the Lifetime Learning Credit.

What information must be reported on 1098-t annual printing?

Information that must be reported on 1098-T annual printing includes amounts paid for qualified tuition and related expenses, scholarships or grants received, and the student's enrollment status.

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