The University cannot offer legal or tax advice. Information concerning possible education tax benefits is available on the IRS website. Questions concerning eligibility should be directed to the IRS or your tax professional.
1098-T Printing Instructions
For tax years 2011 – 2019:
- Access the Tab Service Company website here.
- Enter 10527 in the “Site ID” field.
- Enter your Louisiana Tech Student ID without the dashes in the “Username” field.
- Enter the last four digits of your social security number or the password you previously created in the “Password” field.***
- Click the “Login” button.
- Click on “View/Print 1098-T.”
- A window should open containing your Form 1098-T. Print the form using your browser’s print command.
***Note: If you have already logged into Tab Service Company’s website and created an account, you may use the password you created to log in to your account. If you have never logged into the website, you must use the last four digits of your social security number. You will be asked to create a password once you have successfully completed the initial login.
1098-T frequently asked questions
What is a Form 1098-T?
When the Taxpayer Relief Act of 1997 became law, eligible educational institutions like Louisiana Tech University were required to report information about their students to the IRS. This information includes the student’s name, address, taxpayer’s identification number (SSN), and enrollment and academic status. In 2003, reporting was expanded to include amounts for qualified tuition and related expenses, as well as scholarships and/or grants, taxable or not.
When will the Forms 1098-T be mailed?
Forms 1098-T must be postmarked by Jan. 31. You should receive your Form 1098-T no later than the end of the first week in February.
Where will the Forms 1098-T be mailed?
A Form 1098-T will be mailed to your permanent address on file with the University, unless that address is not a valid address. A local address will be used, if available, when the permanent address is not valid.
What should I do if I haven’t received my Form 1098-T?
Forms 1098-T will be mailed by Jan. 31. You should receive your Form 1098-T by the end of the first week of February. If you have not received a Form 1098-T by the end of the first week in February, follow link to print your 1098-T.
What information is reported on Form 1098-T?
Educational institutions are required to report the following for each student:
- Social security number
- Payments received (Box 1) for qualified tuition and related expenses
- Decreases to amounts reported in Box 1 of a previously issued Form 1098-T (Box 4)
- The amount of scholarships or grants received (Box 5)
- Decreases to amounts reported in Box 5 of a previously issued Form 1098-T (Box 6)
- Whether you were enrolled as at least a half-time student (Box 8)
- Whether you were enrolled as a graduate student (Box 9)
What amounts are included in Box 1, "Payments received for qualified tuition and related expenses?"
Only payments received for qualified tuition and related expenses are reported in Box 1. Qualified tuition and expenses include in-state tuition, out-of-state tuition, international fees, energy surcharge fees, technology fees, college fees, and required lab, clinical, intern, practicum, or field fees. Payments for amounts such as dorms, meals, the Lagniappe fee, Tech Express charges, penalties, or fines are not considered qualified tuition and related fees and are not reported on Form 1098-T.
What amounts are included in Box 5, "Scholarships or grants?"
Scholarships and grants administered and processed by the University are included in Box 5.
Please note that you may receive additional scholarships that the University does not administer and process. These should also be taken into consideration when determining your eligibility for the credits.
What amounts are included in Box 6, “Adjustments to scholarships or grants for a prior year?”
Box 6 reports decreases to amounts reported as scholarships and grants in Box 5 of a previously issued Form 1098-T. Please note that decreases to an amount to be reported in the current year and increases pertaining to a prior year are netted with current year scholarships and grants and reported in Box 5 of the current year 1098-T. Consult your tax adviser for assistance in determining the effect of an item reported in Box 6 on your current and prior years’ tax returns.
What is the American Opportunity Tax Credit?
The American Opportunity Tax Credit (AOTC) is a credit for qualified education expenses paid for an eligible student for the first four years of higher education. The credit may be claimed for qualified tuition and related expenses including tuition, related fees, books and other required course materials (including supplies and equipment needed for a course of study) paid on behalf of the student in the taxpayer’s family who was enrolled in an eligible institution within any of the first four years of post-secondary education. Maximum credit per student is $2,500. The credit may be reduced based on the taxpayer’s adjusted gross income. The credit is available for qualified payments made during 2019 for any academic period beginning between Jan. 1, 2019, and March 31, 2020. For more information on the AOTC, please follow link the to IRS AOTC website.
What is the Lifetime Learning Credit?
The Lifetime Learning Credit (LLC) is for qualified tuition and related expenses paid for eligible students enrolled in an eligible educational institution. This credit can help pay for undergraduate, graduate and professional degree courses–including courses to acquire or improve job skills. There is no limit on the number of years you can claim the credit. The maximum credit per family for 2019 is $2,000. The credit may be reduced based on the taxpayer’s adjusted gross income. The credit is available for qualified payments made during 2019 for any academic period beginning between Jan. 1, 2019 and March 31, 2020. For more information on the LLC, please follow link the to IRS LLC website.
How can I get help in determining if I am eligible to take one of the credits?
The University cannot offer legal or tax advice. Additional information concerning the American Opportunity Tax Credit and the Lifetime Learning Credit is available on the IRS website. Questions concerning eligibility should be directed to the IRS or your tax professional.