1098t Frequently Asked Questions
What is Form 1098-T (Tuition Payments Statement)?
Kaplan Higher Education is required by IRS Section 1.65050S-1 to send Form 1098-T to students who had payments made to their account for qualified tuition and related fees during the calendar year 2016. The form is used to assist the IRS and students in determining qualifications for education-related tax benefits.
Will I receive a 1098-T form this year?
If Kaplan Higher Education received payments or issued reimbursements towards your account for qualified tuition and related fees during 2016, you should receive a 1098-T form.
When will I receive my 1098-T form?
1098-T forms are mailed to students during the last week of January. The information on Form 1098-T was prepared by Kaplan Higher Education using the financial information and address as it appears in your campus’ student information system. If you have moved in the past year, please verify your address with your school’s business office.
If I receive Form 1098-T, does that mean that I qualify for the Hope Scholarship, Lifetime Learning Credits or other tax benefits?
Not necessarily, please consult with the Internal Revenue Service (IRS) or a qualified tax professional to address any tax related questions. Kaplan Higher Education is unable to dispense tax advice or determine tax benefit qualifications.
If I am a nonresident alien, will I receive a Form 1098-T?
Institutions are not required to issue Form 1098-T to nonresident aliens, but Kaplan Higher Education will gladly issue Form 1098-T upon request. Please contact the 1098-T Help Desk (below) for such requests.
What do the amounts located on the form represent?
- Box 1 represents the amount of payments received for qualified tuition and related fees from any source during 2016. The amount reported is the total amount of payments received less any reimbursements or refunds made during 2016.
- Box 2 is unused given Kaplan Higher Education elects to report payments received for qualified tuition and related fees rather than amounts billed for qualified tuition and related fees.
- Box 4 represents the amount of reimbursements or refunds made during 2016 that relate to payments reported in prior years.
- Box 5 represents the total amount of scholarships or grants that were processed during 2016 for qualified tuition and related fees.
- Box 6 represents the amount of reimbursements or refunds made during 2016 that relate to scholarships or grants reported in prior years.
- Box 8 is checked if you were at least a half-time student (6 credit hours and above) for one or more academic period(s) that began during the calendar year of 2016.
- Box 9 is checked if you were enrolled in a graduate level program during 2016.
Why does the 1098-T form show payments instead of amounts billed?
Eligible educational institutions may choose to report payments received or amounts billed for qualified tuition and related fees. Kaplan Higher Education has elected to report payments received for qualified tuition and fees as of 2016.
What if I didn't get a 1098-T? What if the information on my 1098-T is incorrect?
If you were enrolled in courses during the 2016 calendar year and made payments or had reimbursements/refunds issued for qualified tuition and related fees but did not receive a form, please verify your address on file with your school’s business office. If your form was mailed to a former address or you have questions regarding your forms information, please contact the 1098-T Help Desk.
The 1098-T Help Desk
Please contact the 1098-T Help Desk for additional assistance:
Phone number: 1-866-249-6299
The 1098-T Help Desk can:
- Clarify 1098-T Form information.
- Provide additional form copies.
- Address any SSN/ITIN related issues.
- Provide detailed student statements of 2016 tuition and related fee payments.
Please plan to provide the following information:
- School attended
- Location of School (City, State)
- Mailing address (including city, state, zip code)
- Phone number
- E-mail address
- The issue you are experiencing
**The Help Desk cannot provide tax advice or guidance relating to benefit qualification**
For additional information, please consult the following:
- IRS Website: http://www.irs.ustreas.gov
- Internal Revenue Service: 1-800-829-1040