1098T Reporting now available

 Appalachian State University is pleased to inform you that your 2018 1098-T has been processed and is now available on the student accounts section of Appalnet Self Service.  If you did not opt-in to an electronic 1098T in Appalnet, you will also receive a printed form.

Changes in reporting method for 2018 1098T:

The 2018 IRS form 1098T is a transition year.  In previous years, your 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) we charged to your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE you paid during the year.  This change leads to all QTRE charges and payments between Jan 1, 2018 - Jan 31, 2018 being reportable on IRS form 1098T.  Due to this change in reporting, for Spring 2019 registration charges, if a student registered prior to January 1st, 2019, but paid their bill via any method including Financial Aid, those payments towards QTRE will show up on the 2019 1098T. For future years all QTRE charges and payments will be summed and the net amounts will be reported starting with January 1, 2018.  This will minimize the issue of charges being placed in November-December of one year and paid in the beginning of the next year.  **See below for examples.

Depending on your income (or your family’s income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in IRS Publication 970, page 9.) The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of your tax return.

Appalachian State University is unable to provide you with individual tax advice, but should you have questions, you should seek the counsel of an informed tax preparer or adviser. The Taxpayer should not contact ASU for explanations relating to the eligibility requirements for, and/or calculation of, any allowable education tax credit or tuition and fees deductions. The final decision for determining eligible educational expenses is the taxpayer's responsibility. 

Students:
To view/print the 1098-T
: from the Appalnet Self Service, click on the Appalnet Self Service link; select Log in to Appalnet Self Service box; select the Student tab; select the Student Accounts link; select the Tax or 1098-T forms  link.  Enter the current tax year (2018).  A web version of your 1098-T form will then be displayed.  To print the IRS approved form, click on the “View/Print 1098-T” box.  The 1098-T forms are in PDF format so you must have Adobe Reader to view/print the statements.  A free copy of this software can be downloaded from the internet.

Parents:
To view/print the 1098-T: from the Parent Portal site, click on the Parent Portal Link ; Login with the 9-digit Student Banner ID and your 6-digit pin; select the View 1098t  link. Enter the current tax year (2018).  A web version of your 1098-T form will then be displayed.  To print the IRS approved form, click on the “View/Print 1098-T” box.  The 1098-T forms are in PDF format so you must have Adobe Reader to view/print the statements.  A free copy of this software can be downloaded from the internet.

Students who elected to receive their 1098-T electronically will not receive a 1098-T in the mail. The printed copy will be postmarked by January 31, 2019.

If you have any questions regarding the delivery options for receiving your 1098-T, please contact Student Accounts at 828-262-2113, visit their webpage at http://studentaccounts.appstate.edu/irs-form-1098-t-information, or email them at studentaccounts@appstate.edu.

Published: Jan 18, 2019 10:01am

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