Form 1098-T
制服巨乳 issues an annual statement, Form 1098-T, to eligible students who had qualified education expenses during the previous calendar year. Paper copies of the form are mailed to the students' permanent addresses at the end of January and on-line copies are available in .Form1098-T FAQ
What is Form 1098-T?
Form 1098-T is an IRS form that is distributed to students who had qualified education expenses during the previous calendar year, however receipt of the 1098-T does not automatically make a student eligible for an education related tax credit or deduction for their tax returns. Please consult a tax adviser or visit the IRS website at to obtain Publication 970 (Tax Benefits for Education)/Form 8863 (Education Credits) to read about education tax credits and deductions.
Does every student receive Form 1098-T?
No. 制服巨乳 prepares a 1098-T for any student who made payments towards qualified education expenses during the calendar year. Please note: Per IRS regulations, 制服巨乳 is not required to provide a 1098-T to students:
- who only enrolled in courses for which no academic credit is offered;
- who are not U.S. citizens or permanent residents, unless the student submits a written request;
- whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships; or
- whose qualified tuition and related expenses are covered by a formal billing arrangement between an institution and the student's employer, or a government entity.
- The paper copy is mailed to the student’s permanent address on file in (this address is maintained by the student).
- An electronic copy is also available in Banner Self Service. Through , you can retrieve tax documents, view and manage financial aid, and view 制服巨乳 employment information and manage timesheets.
Can authorized users access the Form 1098-T in Banner Self Service?
No. Only students can access a copy in Banner Self Service.
Do I need to provide 制服巨乳 with my Social Security Number (SSN)?
Yes. If you did not initially supply your SSN on your admission application you should update your College record. You will be sent a reminder in the fall if your SSN is blank.
How do I securely give Reed my SSN?
Log into
- click on Forms;
- click on Student Forms;
- click on Business Office;
- scroll down to the Request for Social Security or Tax ID Number form, click on it;
- enter your data (SSN); and
- don't forget to hit submit, once entry is completed.
What are qualified education expenses?
Qualified education expenses are tuition and certain related expenses required for enrollment and attendance at the college. The following are qualified education expenses at Reed: tuition charges and the student body fee. Other charges, including housing and meal plans, are not considered qualified expenses for purposes of the 1098-T. For more information on qualified education expenses, please consult Publication 970 or similar resources on the IRS website at
Why aren't the room and board fees reported on the Form 1098-T?
The IRS specifically excludes "room and board" from the 1098-T. If you need supporting documentation of these charges for college savings plan reporting, refer to . This information can be found on the Activity Tab or by printing out the individual statements on the Statements Tab.
What constitutes the payments reported in Box 1?
Per IRS regulations, amounts reported in Box 1 include the following: personal payments, loan amounts (amounts that will need to be paid back to a lender, such as Direct and Plus Loans), and scholarships/grants received during the calendar year for qualified education expenses less any refunds issued due to overpayments on the account. Total payments in Box 1 cannot exceed the amount of applicable qualified education expenses.
Where can I get more information?
For more detailed information please visit the IRS website at to obtain Publication 970 (Tax Benefits for Education)/Form 8863 (Education Credits) or consult with a professional tax practitioner.
制服巨乳 can only answer questions related to how Form 1098T was prepared. Members of student accounts (503)777-7505 and financial aid (503)777-7223 are available by phone or by email at: business-office@reed.edu or financial-aid@reed.edu.
Banner Self-Service (students only)
To access , log in with your Reed credentials.
Tax Notification
Tax Notification will show the 1098-T tax forms for years 2013 and forward.