1098t Eligibility Announcement
2021 1098t's will be available on yourstudent self serviceby January 31, 2022. Please consent now to access your form electronically.
The IRS Form 1098-T provides important tax information to students (and/or their parents/guardians) who had qualified tuition and other related educational expenses paid to the college during the calendar year. A 1098-T form is used to determine if you are eligible for an education tax credit (as well as other tax benefits for higher education expenses).
所有学生应审阅1098-T信息，并选择在线接收此文件(PDF)。
Please share this information with your parents/guardians, because all students should make sure that CLC has their current mailing address on file, otherwise the college cannot generate their 1098-T form.
1098-T forms for the calendar year will be available for you to view and print on in mid-January if you consent to view online.
The College of Lake County will mail the IRS Form 1098-T to your address on record as of January 1 unless you decide to retrieve the Form 1098-T online from the college website.
All students enrolled in credit classes in the calendar year will receive the IRS Form 1098-T by January 31, per IRS guidelines. The IRS Form 1098-T is mailed to the student's address only.
Continuing Education Non-Credit Students
The IRS does not require the Form 1098-T to be sent to students for Continuing Education non-credit classes. Please read IRS Publication 970 about the possibility of using the Lifetime Learning Credit for these types of classes. You may use copies of your receipts in those instances.
Frequently Asked Questions
- What is a 1098-T?
根据1997年《纳税人救助法案》的要求，合格的教育机构使用1098-T表格向美国国税局报告其学生的信息。符合条件的教育机构需要提交学生的姓名、地址、纳税人识别号(TIN)、注册状态、与符合条件的学费和相关费用有关的金额，以及奖学金和/或助学金，无论是否应纳税。1098-T表格也必须提供给每个适用的学生。
- 为什么我收到了1098-T表格?
In January of each year, the college provides secure electronic access athttp://myclc.clcillinois.edu到国税局的1098-T表格，用于所有在上一个日历年有合格学费和其他相关教育费用的学生。如果表格没有电子访问，它将在1月底邮寄。
- For purposes of Box 2, what educational expenses are considered as qualified tuition and related expenses?
符合条件的学费及相关费用是指学生注册或进入符合条件的教育机构所必须支付的学费和所需费用，如课程费用和实验室费用。学费减免和退款被认为是对合格学费和费用的削减。
Qualified expensesdo notinclude:
- Amounts paid for any course or education involving sports, games or hobbies unless the course or other education is required as part of the student's degree program or is taken to acquire or improve job skills.
- 住宿费、食宿费、保险费、交通费、个人生活费和其他家庭开支。
- The cost of books and equipment are generally not qualified expenses because eligible educational institutions usually do not require that the cost of the books or equipment be paid to the institution as a condition of the student's enrollment or attendance at the institution.
- I misplaced my copy of the Form 1098-T. How do I get a reprint of my 1098-T form?
You can securely electronically access a copy of your Form 1098-T athttp://myclc.clcillinois.eduat anytime. If you have trouble accessing your 1098-T, please visit theWelcome and One Stop Centeror contactStudent Accountingif you questions.
- How can I view a copy of my 1098-T online?
View the instructions for accessing your 1098-T online (PDF).
The College of Lake County reports the payments received when computing the 1098-T. Therefore the amount in Box 1 is calculated on all payments received between January 1 and December 31. It includes any third party and financial aid payments.
莱克郡学院只使用你的社会安全号码来提交1098-T。请确保您的社会安全号码正确。