Tax Benefits for Education
1098-Ts for the 2012 school year mailed on January 25, 2013.
Current Students: For instructions on how to download your 1098-T click here.
Former Students: If you have not received your 2012 1098-T in 10 business days please CLICK HERE TO REQUEST A REPLACEMENT 1098-T.
You may also use the above link for previous year replacement requests.
Form 1098-T reports amounts billed in 2012 for qualified tuition, scholarship and grants processed in 2012 to students enrolled in courses at Vanderbilt University for which they receive academic credit. (Please note Box 3 is checked, which indicates Vanderbilt has changed its reporting method for 2012)
Vanderbilt does not issue a 1098-T form if scholarships or grants equals or exceeds 1098-T qualified tuition charges or if the student is enrolled in not-for-credit courses.
The information reported on the 1098-T form helps students evaluate whether he or she is eligible for an educational tax credit. IRS Publication 970, Tax Benefits for Higher Education provides detailed information.
See IRS Forms and Publications for more details. Although Vanderbilt University is unable to provide tax counseling, we urge you to contact your tax advisor or the IRS at 800-829-1040 or www.irs.gov if you have any questions regarding the HOPE or Lifetime Learning Tax Credits. If your question pertains to the 1098-T figures provided by Vanderbilt, please contact firstname.lastname@example.org; put 1098-T in the subject line; please indicate your student's name and Commodore ID #, your question and a phone number where you may be reached. A Student Accounts representative will respond within 24 hours or you may check your SallieMae e-bills for all billing information at http://vanderbilt.edu/stuaccts/.
Tax Benefits for Education: For more information on tax benefits for education, see Publication 970.
The 1098-T is merely an aid in helping the individual taxpayer with the amounts which will help determine who may be eligible for certain tax credits/deductions. The taxpayer may fill out the form 8863. The instructions do not mention the form 1098T.