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Revocation of Electronic 1098T Consent Form ______First NameLast Name______Student ID NumberEmail AddressI, the above named student hereby withdraw my consent to receive IRS Form 1098T electronically

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What is revocation of electronic 1098-t?

The revocation of electronic 1098-T refers to the process of canceling the electronic version of the Form 1098-T, which is used by eligible educational institutions to report payments received for qualified tuition and related expenses.

Who is required to file revocation of electronic 1098-t?

Educational institutions that have filed Form 1098-T electronically and need to correct or cancel their previously filed information are required to file a revocation of electronic 1098-T.

How to fill out revocation of electronic 1098-t?

To fill out the revocation of electronic 1098-T, the institution must provide the original filing information, indicate the reason for revocation, and ensure that they follow the IRS guidelines for completing the form accurately.

What is the purpose of revocation of electronic 1098-t?

The purpose of the revocation of electronic 1098-T is to correct any inaccuracies or to cancel the electronic submission of the form if it was filed in error, ensuring that the correct payment information is reported.

What information must be reported on revocation of electronic 1098-t?

The revocation of electronic 1098-T must include the institution's identification details, the original amounts reported, any changes made, and the reason for the revocation.

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