The 1098T is a Tuition Statement prepared annually by colleges and universities, and is sent to students to provide information about their tuition and fee charges for tax purposes.
The 2014 IRS Form 1098T will be sent to students by January 31, 2016 or made available electronically for those students who have elected that method.
1098T data can be used for the purpose of determining eligibility for educational tax credits, like the HOPE and Lifetime Learning education tax credits, and may be important for preparation of income tax returns.
The IRS requires that the 1098T form contain the student’s Taxpayer ID (generally the Social Security Number) and address. Any student eligible for a form 1098T, but who does not have a Taxpayer ID and valid address in the College records, will not receive a 1098T form. To ensure you receive your form, please make sure the College has your Social Security Number and verify and update your address in MyPima.
Taxpayer ID and the 1098T form
If your Taxpayer ID is not on file, a notification has been sent to your current address on file.
To update your Taxpayer ID:
- Visit any campus student services center and present a government issued photo ID and your Social Security Card.
- Submit an update to your student record by mail or fax. Complete the Student Taxpayer Identification form, make a copy of an approved government-issued ID* and send both documents to the College using the information provided at the bottom of the form.
Note: Copies of identification are destroyed immediately after verification of the change form.