Get South Louisiana Commuity College 1098 Form

College students or their parents who paid qualified tuition and college expenses during the tax year will need Form 1098-T from their school if they want to claim certain education credits.

Not all students are eligible to receive a 1098-T. Forms will not be issued under the following circumstances: The amount paid for qualified tuition and related expenses* in the calendar year is less than or equal to the total scholarships disbursed that year.

The 1098-T form is the Tuition Statement that your college or career school uses to report qualified tuition and related education expenses to you and the IRS. You or your parent/guardian may be able to claim these expenses as education related tax credits.

Your college or career school will provide your 1098-T form electronically or by postal mail if you paid any qualified tuition and related education expenses during the previous calendar year. Find information about the 1098-E form, which reports the amount of interest you paid on student loans in a calendar year.

If you claim a dependent, only you can claim the education credit. Therefore, you would enter Form 1098-T and the dependent's other education information in your return. If you do not claim a dependent, the student can claim the education credit.

The 1098-T, Tuition Statement form reports tuition expenses you paid for college tuition that might entitle you to an adjustment to income or a tax credit. Information on the 1098-T is available from the IRS at Form 1098-T, Tuition Statement.

Students can consent online to access and download their 1098-T form electronically. If you do not provide an affirmative consent online, you will receive a paper copy of your 1098-T by mail to the address we have on file. 1098-T forms are electronically available for download and mailed by the last week of January.

The IRS Form 1098-T is an information form filed with the Internal Revenue Service. You, or the person who may claim you as a dependent, may be able to claim an education tax credit on IRS Form 1040 for the qualified tuition and related expenses that were actually paid during the calendar year.