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 2012 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, 2013. 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 2012. The Alamo Colleges
have elected to report the amount the student was billed (Box 2) during 2012.
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?
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?
1098-T will be mailed out by January 31, 2013.
What if my address is incorrect?
You may download a copy by logging in to www.1098T.com or you may request a hard copy of the form to be mailed to you by submitting your request at http://www.acs-education.com.
What if I am a Continuing Education student?
Continuing Education students will not be mailed a
1098-T. Continuing Education students may request copies of their paid tuition
bills from the Continuing Education Office.
What if I did not receive a 1098-T?
Any Alamo College Student who received Financial Aid Grants or Scholarships totaling more than charges billed for the 2012 Tax Year (January 1-December 31) will not be receiving a 1098-T form. REMINDER: Financial Aid Grants and Scholarships are calculated by Tax Year, not per semester student was awarded.
If you paid your tuition out of pocket, and did not receive the form by February 15, 2013, contact the student hotline at TCRS 1-877-467-3821. Leave a detailed message with your Name, Banner ID Number, telephone number, and a brief description of your question. Messages will be answered in the order received. Please allow 5 business days for a response.
Copies of the 1098-T will be
Our office will not e-mail any information due to
Student Privacy Act.* Please remember to include your name, mailing
address, the last four digits of your social security number only,
and the school that you are attending or were attending. If you do not
have access to email, please contact ACS @ 1-877-467-3821
Please allow five (5) working days for