The Taxpayer Relief Act of 1997 allows a tax credit to be claimed for out-of-pocket payments made to the Alamo Colleges during the 2016 calendar year for tuition and certain fees. The IRS requires that Alamo College provide a 1098-T tax form to you for your use in completing IRS form 8863. The 1098-T tax forms will be mailed by January 31, 2017. The Alamo Colleges have elected to report amounts billed for qualified tuition and related expenses.
The amounts and calculations used to determine the credit are the decision of the taxpayer after consideration of relevant IRS regulations, Form 8863 and perhaps, the advice of a tax consultant.
A 1098-T is sent to each student who was billed or had billing adjustments for college-credit classes in 2016. The Alamo Colleges have elected to report the amount the student was billed (Box 2) during 2016. There will be no amounts reported in Box 1 of the 1098-T form. Continuing Education students will not be mailed a 1098-T. Continuing Education students may request copies of their paid tuition bills from the Continuing Education Office.
1098-T Frequently Asked Questions
1. When can I get my 1098-T?
You may access your 1098-T tax form online by visiting www.1098T.com.
2. Why do I need to provide a Social Security Number (SSN) or Tax
Identification Number (TIN)?
If you are planning to file an income tax return using your education expenses,
you will need to have a valid SSN on file. If you are an international student
and plan to file taxes, we will need your TIN. However, if you are an
international student without an SSN, and are not filing a tax return you do
not need to provide a SSN or a TIN.
If you attended any of the Alamo Colleges and are eligible for a 1098T form,
you can view your 1098-T information from: www.1098T.com
3. I am an International student,
who attended Alamo Colleges during the 2016 calendar year and was not issued a 2016
Form 1098-T. What do I need to provide to have a Form 1098-T issued to me?
Please note that if you are a non-resident alien student and do not have
U.S. source income (U.S. scholarships, awards, waivers etc.) that is subject to
tax, Alamo Colleges is exempt from issuing a Form 1098-T to you.
Alamo Colleges requires a Taxpayer Identification Number to furnish a Form
1098-T statement to you. You were not issued a Form 1098-T because a valid
Taxpayer Identification Number was not on file with Alamo Colleges.
4. How can I change my address?
- Log in to your ACES account
- Go to Web Services
- Personal Information
- Update Addresses and Phones
5. Will I receive a 1098-T?
A 1098-T is generated only for academic students who has been billed for
qualified tuition and related expenses during the 2016 calendar year ( January
1 through December 31). Continuing Education students will not receive a form
6. Why does (Box 1) on my 1098-T
have nothing reported?
Institutions of higher education have the option of reporting either payments
received (Box 1) or qualified charges billed (Box 2) to the IRS. Alamo
Colleges has chosen to report on (Box 2).
7. What is considered a qualified
Eligible or qualified charges are tuition charges plus the following fees:
student activity fee, student processing fee, and some exam fees (for
placement, testing out of credit courses, or test fees required for degree
8. What is a non-qualified charge?
Non-qualified charges include the following: books, library fines, parking
fines, late payment fees, and transportation fees.
9. What constitutes Scholarships and
Grants (Box 5)?
Any Scholarships and Grants administered and processed during the calendar year
for the payment of student’s costs of attendance. Scholarships and grants
generally include all payments received from 3rd parties (excluding family
members and loan proceeds). This includes payments received from governmental
and private entities such as the Department of Defense, civic, and religious
organizations, and nonprofit entities.
PLEASE NOTE: If your
Scholarships/Grants were equal to or exceeded the charges billed on your
student account for 2016 tax year, you will not receive a 1098-T form.
10. Why did my spring semester
charges not appear on my 1098-T?
Students automatically charge their accounts by registering for classes. If you
registered during early registration (typically November or December), you
charged your account at that time, making those charges eligible to claim in
the previous year’s 1098T.
11. My 1098-T was mailed to the
wrong address, how do I obtain a new 1098-T?
To obtain your 1098-T, you may access it online by visiting www.1098T.com
12. I still have questions who can I
Alamo Colleges has provided the Form 1098-T in compliance with IRS guidelines.
However, Alamo Colleges is unable to answer any tax-related questions or
provide any tax advice on this issue. All information and assistance that Alamo
Colleges can provide is contained in this notice. The content of this notice is
not intended as legal or tax advice.
For tax specific question, please contact the Internal Revenue Service (IRS) at
1-800-829-1040 or your personal tax advisor for further assistance.
If you need assistance accessing your Form 1098-T online, please contact the
1098-T Student Hotline at 1-877-467-3821.