Student Tax Information
IRS Documents:
The IRS provides instructions regarding 1098T forms and educational credits. Below are links to three such forms:
Publication 970
Instructions for Forms 1098-E and 1098-T
Instructions for Form 8863
If you have questions that are not answered by the FAQ below please email 1098t@byu.edu
IRS Form 1098-T - Tuition Statement & Frequently Asked Questions
Most students who paid tuition during a given calendar year should receive an IRS Form 1098-T. The 1098-T form shows tuition paid, scholarships, and grants for each calendar year. The information from the 1098-T is used when filing taxes to determine eligibility for certain tax credits.
Use of this form to claim various tax credits can be confusing. We encourage students, or where applicable their parents, to consult a tax advisor or carefully review IRS Publication 970 and Instructions for Form 8863 when preparing tax returns. Go to the Student Tax Information screen and click on IRS Form 1098-T to view all of your 1098-T forms. Note that you will only be able to do this if you elect electronic delivery.
DOES YOUR 1098-T NEED TO BE CORRECTED?
Often times students think their 1098-T needs to be corrected when it does not. The majority of students confusion and frustration around the 1098-T is they are under the impression that the 1098-T tuition paid amount should correspond with the timing of when they attended school but this not necessarily the case. The 1098-T tuition paid amount depends on when the student or when a scholarship paid for the tuition. For example, for a winter semester a student could pay their tuition in December before a semester starts or in January before the add drop deadline. If they pay or a scholarship pays for tuition in the year prior to Winter semester then the tuition paid amount will show up in the prior year's 1098-T. If the issue just described does not pertain to you then please contact the 1098-T office at 1098T@byu.edu or 801-422-6629.
HOW TO SEE THE DETAIL BEHIND THE NUMBER ON YOUR 1098-T
Navigate to where you can find your 1098-T and then click on the "View Transaction Info" button which will show line by line what makes up boxes 1 and 5 of your 1098-T.
WHICH STUDENTS RECEIVE AN IRS FORM 1098-T FROM BYU?
Resident Status
A 1098-T is only processed if a student is a US citizen or permanent resident. However, non-resident aliens may receive a Form 1098-T by special request by contacting International Student Services (1351 WSC | 801-422-2695). They will inform Student Financial Services if the student is eligible to receive a 1098-T.
Courses for Credit
The cost of tuition will only be reported on Form 1098-T if the related courses are taken for credit.
HOW DO I ACCESS MY 1098-T?
- Click here to access the Tax Information page in My Financial Center.
- Click on IRS Form 1098-T - Tuition Statement under Obtaining and Using Tax Forms.
- If you have not provided consent for electronic delivery, you will be asked if you would like to do so.
- Click on the tax year to view your 1098-T.
- The form will open a PDF in a new tab in your browser. If it does not appear, please check for a pop-up blocker (generally denoted with an icon in the address bar of your browser).
I HAVE NOT ELECTED ON-LINE DELIVERY OF FORM 1098-T AND I HAVE NOT RECEIVED THE FORM WITHIN A WEEK FOLLOWING JANUARY 31ST. WHERE IS MY FORM 1098-T?
Form 1098-T is only mailed to your permanent address on file with BYU. Check and make sure that your permanent address is correct. However, BYU will not mail a second copy of Form 1098-T, so you will need to authorize on-line delivery and then print the form yourself. Click HERE to go to the Student Tax Information screen on My Financial Center and click on IRS Form 1098-T to authorize on-line delivery of Form 1098-T.
I HAVE STILL NOT RECEIVED A FORM 1098-T. ARE THERE OTHER REASONS THAT I MAY NOT HAVE RECEIVED THIS FORM?
A few additional reasons for why you may not have received Form 1098-T include:
a. Nothing to report - BYU will not issue Form 1098-T for students that have nothing to report in any of the boxes on the 1098-T.
DO I NEED TO INCLUDE MY COPY OF FORM 1098-T WITH MY TAX RETURNS?
No, the form is provided for your convenience in completing your tax return but is not required to be filed with your tax return. BYU provides this same information directly to the IRS.
ARE MY VA BENEFITS INCLUDED ON FORM 1098-T?
Yes. However, special rules apply to reporting such amounts on your tax return. See IRS Publication 970 for additional information related to reporting VA benefits.
HOW ARE SCHOLARSHIPS, GRANTS AND LOANS REPORTED ON FORM 1098-T?
Scholarships and grants are reported on Form 1098-T in the year in which they are posted to your account. Any change made to a prior year's scholarship or grant is shown in box 6. Loans are expected to be repaid by the student and are therefore not reported on Form 1098-T.
WHAT INFORMATION IS REPORTED IN BOXES 3, 4, 6 AND 7?
These boxes are used to report various adjustments made or identified in the current year that relates to amounts reported on Form 1098-T in a prior year and similar circumstances, as seen below. Be sure to refer to the instructions to Form 1098-T which will direct you to IRS publications that provide additional guidance for these circumstances.
Box 3 - This box indicates if BYU changes its method of reporting tuition from amounts billed to amounts paid. BYU changed its method in 2016 and so you will only expect this box to be checked on a 2016 1098-T.
Box 4 - This box shows any adjustment to amounts of tuition reported in the prior year. A common example would be a student who registers and pays in November 2018 for 12 credit hours for the following Winter 2019 semester. They would have paid at the full-time student rate and this would be reported in box 1 of the 2018 Form 1098-T. If they dropped a few classes in January 2019 and are now half-time, their tuition would be adjusted and the adjustment would appear in box 4 on their 2019 Form 1098-T.
Box 6 - This box shows any reductions to scholarships or grants originally reported in the prior year.
Box 7 - The IRS has certain rules relating to tuition that is paid near year end that relates to semesters that begin in January - March of the following year. If there are amounts paid for semesters beginning in the following year then box 7 is checked.
WHAT IS THE 1098-T?
Form 1098-T is helpful to students filing their U.S. Federal income tax return, principally in claiming either the American Opportunity Credit or the Lifetime Learning Credit. Beginning with the 2016 tax year Brigham Young University changed from reporting "amounts billed" (Box 2) to "payments received" (Box 1) during the calendar year. This reporting method can be confusing and requires the tax payer to consider other financial records to properly file their tax returns.
Rules for claiming education tax credits are complex. Students should carefully follow the instructions found in IRS Publication 970 - Tax Benefits for Education when filing their return. We strongly recommend that students consult with a competent tax or legal advisor when claiming these credits.
In most cases, international students are not eligible for education tax credits offered by the U.S. Federal government. Before claiming an education tax credit, international students will need to contact the International Student and Scholar Services (ISSS) office (intloff@byu.edu / 801-422-2695). If ISSS believes an international student is eligible for education tax credits, they will make their 1098-T available to them. We strongly recommend international students consult with a competent tax or legal advisor before claiming education tax credits.
The 1098-T office can explain why we include certain numbers and information on the 1098-T but unfortunately our office does not provide tax advice or tax implications. For tax advice you will need to consult with a competent tax professional or accurate tax software. Another possibility would be to contact the VITA lab (vita.byu@gmail.com) here on campus who might be able to help you. If you have specific questions about information that is not already addressed on this page please contact us by e-mail at 1098T@byu.edu or call us at 801-422-6629.
IRS Form 1098-E - Student Loan Interest Statement
IRS Form 1098-E reports interest paid on student loans. All BYU private institutional loans are managed by ECSI, a 3rd party loan processing company. Forms 1098-E are distributed on-line by ECSI by January 31st of each year and may be accessed from ECSI's borrower information page. Once you are logged in click the "Tax Information" link in the Alert section. Any questions regarding Form 1098-E should be referred to ECSI customer service at (888) 549-3274 from 7:30am to 8:00pm Eastern Time, Monday - Friday.
IRS Form 1042-S - Foreign Person's U.S Source Income Subject to Withholding
IRS Form 1042-S reports certain payments and tax withholding to certain non-U.S. citizens. Reported payments may include scholarships that exceed certain thresholds, certain other awards, salary paid under an income tax treaty, and royalties. These forms are mailed by March 15th and are normally reported on the recipient's U.S. income tax return (usually a 1040-NR or 1040-NREZ). For questions about Form 1042-S, please contact the BYU Tax Office at 801-422-7100 or 801-422-8098 or at tax@byu.edu.
Canadian Form TL11A - Tuition, Education and Textbook Amounts Certificate
Canadian Tax Form TL11A provides the Canadian government with verification of student enrollment, tuition paid, scholarships received and participation in health plans. This verification is provided by the BYU Registrar's Office and will only be provided to students enrolled in regular day school. BGS and Independent Study students do not qualify.
To obtain the verification, students should submit a request at https://enrollment.byu.edu/registrar/verifications. The TL11A form should be uploaded with the request. The form can be obtained at https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/tl11a/tl11a-19e.pdf. A BYU employee will then complete the required information and sign the form. BYU will not send the completed form directly to the Canadian Customs and Revenue Agency, but will return it to the student or wherever else the student directs at no charge.
Current Available US Tax Benefits for Education
American Opportunity Tax Credit
Lifetime Learning Credit
Student Loan Interest Deductions (under Deductions)
529 Savings Plan (under Savings Plans)
Other
Additional information regarding 529 Plans
BYU does not sponsor a 529 College Savings Program. In the State of Utah the only organization that is authorized to manage these plans is UESP - Utah Educational Savings Plan. UESP may be contacted at www.uesp.org or at 800-418-2551. BYU does accept payment for qualified educational expenses from any 529 plan. In order to ensure prompt and accurate application of such payments please request that your plan follows the following payment guidelines:
- Address payments to - A-41 ASB, Provo, UT 84602
- Clearly label the payment as a 529 plan disbursement
- Include the student's full name and BYU student ID
- Specify the semester/term for which the payment applies
- It is also a good idea for you to personally let BYU know in advance of any anticipated 529 plan payment by emailing the same information above to scholarshipprocessing@byu.edu. Additional payment related questions should also be directed to this email address.
Contacts
Student Tax Office
801-422-4580
1098t@byu.edu
Brandon Dailey
801-422-4259
brandon_dailey@byu.edu