所得税抵免表1098T

Please contact the IRS directly or your 税 advisor to determine if you qualify for an educational credit.

在一月底, Saint Mary's College of California is required to provide students with IRS Form 1098T for the prior calendar year. This form is used by the 税payer in the computation of any eligible 税 credit. 表格被邮寄到美国.S. citizens or permanent residents attending classes at SMC and for whom reportable transactions (qualified tuition and related expenses) are reported for calendar year 2023. 所有表格都邮寄到学生的存档地址. An electronic form is available for review and printing through the student's GaelXpress account.

Please Note: This form is informational and serves to alert students that they MAY be eligible for federal income 税 education credits. 1098T并不是一个收入指标. 它不需要与您的纳税申报表一起提交. Furthermore, receipt of the Federal 1098T form does NOT indicate eligibility for the 税 credit. It contains information to assist the IRS (and you) in determining if you are eligible to claim education related 税 credits. Your personal financial records serve as official supporting documents for your federal income 税 return. The information on the Federal 1098T form is only provided to assist you. Please consult with your 税 preparer if you have additional questions regarding how the 1098T relates to your specific 税 preparation.

直到最近, the Internal Revenue Service (IRS) permitted colleges and universities to report qualified tuition and related expenses (QTRE) in 框2 and leave 箱1 (payments received) blank. All 1098T’s received from Saint Mary’s College (up to 税 year 2018) have followed this method, 显示日历年度内的帐单金额, 而不是支付的金额. 当我们向你报告账单金额时, you were always restricted to the amounts paid (per your records) against those expenditures.

Beginning with the 1098T form for calendar year ending December 31, 2018, the College is now required to report amounts paid during the calendar year for qualified tuition and expenditures. This change means that you will no longer see amounts billed but instead, payments made. 虽然此更改将使您的表单看起来不同, it is important to remember that the 税 credit was always based on payments made during the applicable calendar year, 所以信用的计算应该是一样的.

What this means to you is the amount reported in 箱1 will include payments made by you during the calendar year (i.e. it will not include your spring 2023 payments if they were paid in December 2022 and may or may not include your spring 2024 payment, 取决于你付款的时间。. Also reflected in 箱1 will be other forms of payment, such as scholarships and grants.

奖学金 and grants will continue to be reported in 框5 as in past years.

PLEASE NOTE: SMC employees are NOT professional 税 advisors and CANNOT give 税 advice. 我们被禁止提供法律服务, 税, or accounting advice and we are not responsible for any use you make of this information.

请联系个人税务顾问寻求帮助. 您也可以直接与国税局联系 www.国税局.政府 or (800) 829-3676 / (800) 829-1040 and refer to IRS Publication 970 Tax Benefits for Higher Education.

关于1098T声明的常见问题:

What constitutes qualified Tuition and Related Expenditure (QTRE)?

Qualified Tuition and Related Expense is tuition and fees required for the enrollment or attendance of a student for courses of instruction. QTRE不包括食物和住房的费用, 医疗保险, 交通或个人费用.

1098T报告什么?

Most students will see two boxes populated on their 1098T, box 1 and box 5. Some students may also have amounts in box 4 or box 6 for adjustments related to prior calendar years. 1098T上报告的所有事务都反映了 日历年内的活动，不论交易影响的年份或期限.

***例如，2023年春季在2022年12月计费. While payments for the Spring 2023 may have been received in early 2023, the amount available for qualified tuition and fees will not be included. 这可能会被Spring的账单所抵消, 但对于那些即将毕业或新移民来说, 这可能会对第1栏中报告的金额造成混淆.

Please consult your 税 advisor regarding how to best handle these nuances.

为什么我没有收到1098T?

如果您没有收到1098T:

日历纳税年度内没有符合条件的收费.
You were not enrolled during calendar year 2023 and do not have a "carryover" amount.
你是2023年没有学费的非学位学生.
You have not submitted your Social Security number as requested.
You are a non-resident student and have not submitted an ITIN or Social Security number
框5中的金额超过框1中的金额.

如何阅读1098T:

箱1 (付款s Received for Qualified Tuition) will report payments made toward Qualified Tuition and Expenditures (and/or carryover amounts) billed during the calendar year.

框2这个方框将留空. The IRS has determined that institutions may no longer report amounts billed in box 2.

4盒 (Adjustments for Qualified Tuition from a Prior Period): Any changes to a prior 税 year that resulted in a reduction of payments toward previously reported qualified tuition are reported in box 4.

框5 (奖学金 and Grants Received): 框5 reports the amount of all scholarships and grants disbursed during a calendar year. 该金额可能超过框1中的值.

箱6 (Adjustments to 奖学金 and Grants reported in a Prior Year): Similarly to box 4, this box reflects retro-active changes to previously reported amounts on your prior 1098T forms.

Saint Mary’s College of California is unable to offer any 税 guidance. 我们强烈建议咨询税务顾问. The following IRS links may also be helpful to you regarding education credits:

美国国税局出版物970，教育税收优惠 (http://www.irs.gov/forms-pubs/about-publication-970)

教育税收优惠:信息中心 (http://www.irs.gov/newsroom/tax-benefits-for-education-information-center)

教育学分 (http://www.irs.gov/help/ita/am-i-eligible-to-claim-an-education-credit)

美国机会税抵免 (http://www.irs.gov/credits-deductions/individuals/aotc)

终身学习学分 (http://www.irs.gov/credits-deductions/individuals/llc)