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1098T FREQUENTLY ASKED QUESTIONSImportant IRS Regulatory Changes to 2018 1098T Reporting 2017 1098T Reporting and Prior: Prior to 2018, Colleges and Universities had the option of reporting Box 1
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What is frequently asked questions?
Frequently asked questions (FAQs) are a list of common inquiries and their corresponding answers, often compiled to assist users in understanding a topic or a service.
Who is required to file frequently asked questions?
Generally, entities or individuals who provide services, products, or information to the public may be encouraged to file FAQs to address common concerns and enhance communication.
How to fill out frequently asked questions?
To fill out FAQs, identify common questions related to the topic, draft clear and concise answers, and organize them logically for easy access.
What is the purpose of frequently asked questions?
The purpose of FAQs is to provide quick answers to common queries, improve user experience, reduce the need for direct support, and enhance information dissemination.
What information must be reported on frequently asked questions?
FAQs should include relevant questions and comprehensive answers that address typical concerns or misconceptions related to the subject matter.
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