About that form 1098-T

Parents Forum
1

<p>I can call the financial aid office tomorrow - but everyone here is SO informed that I thought this might be the quickest way to get an answer. I just got one in the mail from DD’s university. It has a dollar amount in #2 (Amounts billed for qualified tuition and related expenses) and #4 (Scholarships and grants) - but there is no dollar amount in #1 Payments received for qualified tuition and related expenses.</p>

<p>Is there supposed to be an amount in there? Or does the government just figure that billed tuition minus scholarships and grants equals what I coughed up???</p>

2

<p>It may not answer all your questions, but I think that this website at ASU provides clear and complete explanations.</p>

<p><a href=“http://www.asu.edu/sbs/explanation.htm[/url]”>http://www.asu.edu/sbs/explanation.htm&lt;/a&gt;&lt;/p&gt;

<p>Here are the IRS instructions to the schools. It shows that schools can select the method to report the tuition:</p>

<p><a href=“http://www.irs.gov/pub/irs-pdf/i1098et.pdf[/url]”>http://www.irs.gov/pub/irs-pdf/i1098et.pdf&lt;/a&gt;&lt;/p&gt;

<p>I hope it helps a bit.</p>

3

<p>Thanks xiggi. You’re wonderful!</p>