502-7 1098-T
Title:
|
1098-T
|
Owner:
|
Student Financial Services
|
Last Update/Review:
|
07/31/2024
|
Policy: The Taxpayer Relief Act requires Aspen University to report student fee information to the IRS. You may be eligible to use the 1098-T to claim education tax credits if you are in one of these categories:
- U.S. Citizens
- Permanent Residents (PR)
- Married to a citizen or Permanent Resident
- Can legally be claimed as a dependent by a U.S. citizen or Permanent Resident, or
- Have been in the US long enough to file taxes as a resident for federal tax purposes
Purpose: The purpose of this policy is to define 1098-T eligibility.
Scope: This policy applies to any students who are eligible to use the 1098-T to claim education tax credits.
Document and Form(s): 1098-T form at the end of the tax year.