Tax Information (1098-T)

The Form 1098-T is a Tuition Payment Statement, which includes information that colleges and universities are required to issue so that students may determine their eligibility for education tax credits. 

• What is reported on the Form 1098-T?

  The 1098-T form is a Tuition Payment Statement that includes information that colleges and universities are required to issue so that students may determine their eligibility for education tax credits.

  Prior to 2018, the 1098-T included a figure in Box 2 that represented the Qualified Tuition and Related Expenses (QTRE - tuition, fees, and course materials required for a student to be enrolled at or attend an eligible educational institution) that were 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 must report in Box 1 the amount of QTRE you paid during the calendar (tax) 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 Alaska Anchorage is unable to provide you with individual tax advice; if you have questions, you should seek the counsel of an informed tax preparer or professional.

• Am I eligible to receive a Form 1098-T?

  You are eligible to receive a 1098-T if you incurred qualified charges during the past calendar year that were not reported on the previous year's 1098-T statement.

• When will I receive my Form 1098-T?

  By Federal law, all forms must be postmarked by January 31st of each year. You may also access your 1098-T electronically through UAOnline:

  1. Log in with your UA credentials
  2. Select Student Services and Account Information
  3. Select Student Account

  From the Student Account page, you may select the tax year, sign up for electronic delivery of your 1098-T, and view or print your 1098-T.

• What should I do if I need more information?

  If you need additional information regarding what is reported on the 1098-T, please review the information available on the IRS website. The University of Alaska Anchorage is unable to provide you with individual tax advice; if you have questions, you should seek the counsel of an informed tax preparer or professional.

Important Note: 1098-T statements are for informational purposes only and in no way suggest that you are eligible for a tax credit. Please speak with a tax professional or consult the IRS website for more information about whether you qualify for a tax credit.