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Instructions for Student that you claimed for the prior year (may result in an increase in tax liability for the
year of the refund). See “recapture” in the index to Pub. 970 to report a
You, or the person who can claim you as a dependent, may be able to claim an reduction in your education credit or tuition and fees deduction.
education credit on Form 1040 or 1040-SR. This statement has been furnished Box 5. Shows the total of all scholarships or grants administered and processed
to you by an eligible educational institution in which you are enrolled, or by an by the eligible educational institution. The amount of scholarships or grants for
insurer who makes reimbursements or refunds of qualified tuition and related the calendar year (including those not reported by the institution) may reduce
expenses to you. This statement is required to support any claim for an the amount of the education credit you claim for the year.
education credit. Retain this statement for your records. To see if you qualify for TIP: You may be able to increase the combined value of an education credit and certain
a credit, and for help in calculating the amount of your credit, see Pub. 970, educational assistance (including Pell Grants) if the student includes some or all of the
Form 8863, and the Instructions for Form 1040. Also, for more information, go to educational assistance in income in the year it is received. For details, see Pub. 970.
www.irs.gov/Credits-Deductions/Individuals/Qualified-Ed-Expenses and Box 6. Shows adjustments to scholarships or grants for a prior year. This
www.irs.gov/Education. amount may affect the amount of any allowable tuition and fees deduction or
Your institution must include its name, address, and information contact telephone education credit that you claimed for the prior year. You may have to file an
number on this statement. It may also include contact information for a service provider. amended income tax return (Form 1040-X) for the prior year.
Although the filer or the service provider may be able to answer certain questions aboutBox 7.Shows whether the amount in box 1 includes amounts for an academic period
the statement, do not contact the filer or the service provider for explanations of the beginning January–March 2025. See Pub. 970 for how to report these amounts.
requirements for (and how to figure) any education credit that you may claim. Box 8. Shows whether you are considered to be carrying at least one-half the
Student’s taxpayer identification number (TIN). For your protection, this form may normal full-time workload for your course of study at the reporting institution.
show only the last four digits of your TIN (SSN, ITIN, ATIN, or EIN). However, the issuer Box 9. Shows whether you are considered to be enrolled in a program leading
has reported your complete TIN to the IRS.Caution: If your TIN is not shown in this box, to a graduate degree, graduate-level certificate, or other recognized graduate-
your school was not able to provide it. Contact your school if you have questions. level educational credential.
Account number. May show an account or other unique number the filer Box 10. Shows the total amount of reimbursements or refunds of qualified tuition
assigned to distinguish your account. and related expenses made by an insurer. The amount of reimbursements or refunds
Box 1. Shows the total payments received by an eligible educational institution in 2024 for the calendar year may reduce the amount of any education credit you can claim
from any source for qualified tuition and related expenses less any reimbursements or for the year (may result in an increase in tax liability for the year of the refund).
refunds made during 2024 that relate to those payments received during 2024. Future developments. For the latest information about developments related to
Box 2. Reserved for future use. Form 1098-T and its instructions, such as legislation enacted after they were
Box 3. Reserved for future use. published, go to www.irs.gov/Form1098T.
Box 4. Shows any adjustment made by an eligible educational institution for a Free File Program. Go to www.irs.gov/FreeFile to see if you qualify for no-cost
prior year for qualified tuition and related expenses that were reported on a online federal tax preparation, e-filing, and direct deposit or payment options.
prior year Form 1098-T. This amount may reduce any allowable education credit
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