1098-T Tax Form
Important Changes to IRS Regulatory Reporting for the 2018 1098-T
Per Federal regulations, Roger Williams University School of Law is annually obligated to provide all students enrolled in a credit bearing program with an IRS Form 1098-T. In previous years, your 1098-T included a figure in Box 2 that represented the qualified tuition related expenses (QTRE) we billed to our student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE you paid during the year. Box 2 will no longer be populated.
- QTRE includes tuition and certain related expenses required for enrollment.
- The amount paid is capped by QTRE in the same calendar year
Depending on your income (or your family's income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in IRS Publication 970, page 9)
The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863- the form used for calculating the education tax credits that a taxpayer may claim as part of your tax return.
Students should refer all tax-related questions to their own tax counsel. Students may find additional information from IRS Publication 970, Tax benefits for Higher Education or visit the Internal Revenue Service website. Additional information can also be found at the IRS's Tax Benefits for Education Information Center.
The 1098-T for calendar year 2019 will be mailed to the student's address on record no later than January 31,2020. If you do not receive your 2019 1098-T, please email the Office of Student Finance and Records. Please include the student's name and ID#. The 1098T can only be mailed to the student’s home address currently on record in the Office of Student Finance and Records. We are not allowed to FAX a 1098T. Students may pick up copies of the 1098T in the Office of Student Finance and Records.