1098-T Tuition Statement - Tax Info

 

From Banner Web

  • Log into My魅色天堂 and click Banner
  • Click on Student Accounts Menu (tab at top)
  • Click on Online Student Account Center (you’ll be prompted to authenticate)
  • Click on 1098-T Statements
  • Select the Tax Year
  • Click Submit
  • The 1098-T will popup/download as a pdf
  • Use your normal process to print the page(s)

From Online Student Account Center (students may grant parents access as an Authorized User so the parent can view and print the form):

  • Log on to the Online Student Account Center
  • In the middle of the screen, in the Statements area, click the View Statements box.
  • On the Statements page, under the 1098-T Tax Statements tab, click the View box for the applicable tax year.
  • At this point, the browser settings will determine how the form will display. Pop-up blocker setting may prevent the 1098-T form from loading.

FERPA applies! Federal law prohibits us from giving out information to parents unless we have student's written consent on file in the Registrar's Office. However, even with a FERPA permission on file, students are still responsible for providing a copy of their 1098-T to parents or any other person the student wishes to have a copy.

Qualified Tuition and Related Expenses refers to those charges that are allowed to be claimed toward a tax deduction or educational tax credit on your taxes (Section 1.25 A-2 (b)(1)(2)(d) IRS Tax Code). The following fees are included in qualified expenses:

  • Tuition Charges
  • Institutional Fees
  • Student Activities Fee
  • Athletics Fee
  • Technology Fee
  • Miscellaneous Course Fees related to your degree program.

The following charges are NOT included:

  • Fines Assessed (i.e. parking tickets)
  • Application Fees
  • Health Insurance Premiums
  • Payment Plan Fees
  • Housing
  • Meal Plan
  • Course Related Books and Equipment
  • Registration Fees Paid for Non-Credit Courses 

There are some scholarships and grants that are not reported. For example, private scholarships paid directly to the student are not included in this amount.

Yes, if you feel you are eligible to receive a 1098-T, it is your responsibility to provide 魅色天堂 your Social Security Number (SSN) or Individual Tax Identification Number (ITIN) PRIOR to the 1098-T processing for the calendar year.

Most alien individuals present in the U.S. on an F-1 Student Visa cannot claim education credits.  Generally speaking, the time spent by an alien individual studying in the U.S. on an F-1 Student Visa would not count toward determining whether he or she was a resident alien under the substantial presence test for federal tax purposes.  Thus, if you are an alien individual with an F-1 Student Visa, you are probably a nonresident alien.  In general, if you are a nonresident alien for any part of the year, you do not qualify for the education credit.  If you are a U.S. resident filing Form 1040, and your parents do not claim you as a dependent, and you meet all of the other requirements for the credit, you may qualify for the credit.  

Please contact the Registrar’s Office in the University Center (229-333-5727) or log into: . After login, click on the following: Legacy Banner > Personal Information > Update Address, then follow the directions on the page. For assistance, email the Registrar's Office at registrar@valdosta.edu.

 

1098-T Reporting Information 

 

The IRS Form W-9S should be used to supply your SSN or ITIN. This form may be downloaded from the IRS Website

Submit your Form using one of the methods below (Submission Deadline: Last day before 魅色天堂 closes for Winter Break)

  1. Docusign your completed
  2. Hand-deliver your completed to the 魅色天堂 Bursary (located in the University Center, Entrances 6 or 7
  3. Mail your completed to the following address:
魅色天堂 Bursary
ATTN:Bursar
1500 N. Patterson St.
Valdosta, GA 31698

Please do NOT email your ITIN information, as ITINs are highly sensitive personal identification numbers.