The Taxpayer Relief Act of 1997 allows a tax credit
to be claimed for out-of-pocket payments made to the Alamo Colleges on behalf
of Northeast Lakeview College, Northwest Vista College, Palo Alto College, St.
Philip’s College and San Antonio College during 2013 for tuition and certain
fees. The IRS requires that we provide a 1098-T statement to you for your use
in completing IRS form 8863. The l098-T tax forms will be mailed by January
31, 2014. The Alamo Colleges have elected to report amounts billed for
qualified tuition and related expenses.
The amounts and calculations used to determine the
credit are the decision of the taxpayer after consideration of relevant IRS
regulations, Form 8863 and perhaps, the advice of a tax consultant.
A 1098-T is sent to each student who was billed or
had billing adjustments for college-credit classes in 2013. The Alamo Colleges
have elected to report the amount the student was billed (Box 2) during 2013.
There will be no amounts reported in Box 1 of the 1098-T form. Continuing
Education students will not be mailed a 1098-T. Continuing Education
students may request copies of their paid tuition bills from the Continuing
FREQUENTLY ASKED QUESTIONS
What is a 1098-T?
form 1098-T is information that is being reported to the IRS verifying your
enrollment and tuition related expenses with regard to eligibility criteria for
the Hope Credit and the Lifetime Learning Credit. This information by
itself does not establish eligibility for either credit. Please refer to IRS
Publication 970 "Tax Benefits For Education“ for detailed information.
If you attended any of the Alamo Colleges,
you can view your 1098-T information from: www.1098T.com
When will I be mailed a 1098-T?
Colleges will report 1098-T’s to the IRS by
January 31, 2014
February 3, 2014 you may access your 1098-T online www.1098T.com
Will I receive a 1098-T?
- If you paid your tuition out of pocket
and/or received financial aid grants or scholarships did not exceed your
total charges billed, you will receive a 1098-T
- If your financial aid funds were greater than your charges and you received a refund, you will not receive a 1098-T
What is considered a qualified charge?
or qualified charges are any tuition charges plus the following fees:
student activity fee, student processing fee, and some exam fees (
placement, testing out of credit courses, or if required for degree
What is a non-qualified charge?
- Non-qualified charges include the following: books, library fines, parking fines, late payment fees, and transportation fees.
Why do I need to provide a Social Security Number (SSN) or Tax Identification Number (TIN)?
you are planning to file an income tax return using your education
expenses, you will need to have a valid SSN on file. If you are an
international student without an SSN, and are not filing a tax return
you do not need to provide a SSN or a or a TIN.
My 1098-T was mailed to the wrong address, how do I obtain a new 1098-T?
- To obtain your 1098-T, you may access it online by visiting www.1098T.com
How can I change my address?
Log in to your ACES account
Go to Web Services
Update Addresses and Phones
What constitutes Scholarships and Grants (Box 5)?
Scholarships and Grants administered and processed during the calendar
year for the payment of student’s costs of attendance. Scholarships and
grants generally include all payments received from 3rd parties
(excluding family members and loan proceeds). This includes payments
received from governmental and private entities such as the Department
of Defense, civic, and religious organizations, and nonprofit entities.
Why does Box 1 on my 1098-T have nothing reported?
of higher education have the option of reporting either payments
received (Box 1) or qualified charges billed (Box 2) to the IRS. Alamo
Colleges has chosen to report on (Box 2).
Why did my spring semester charges not appear on my 1098-T?
automatically charge their accounts by registering for classes. If you
registered during early registration (typically November or December),
you charged your account at that time, making those charges eligible to
claim in the previous year’s 1098T.
I still have questions who can I contact?
- You may contact student hotline after January 31, 2014. 1-877-467-3821
- Prior to January 31, 2014 District Business Office 210-485-0329