2018 1098-T Forms

Brandeis can only answer questions related to how the form was prepared. The tax payer should review relevant IRS forms and publications for explanations relating to eligibility and calculating any allowable education tax credit. 

Please see 2018 1098-T FAQ as to who can view and receive 1098Ts due to FERPA regulations.*

IRS Publication 970 on the IRS.gov website details Tax Benefits for Education.

Paper forms will be postmarked by January 31, 2019. Paper forms were mailed to the permanent address on record in sage. You can also access a pdf of the form through Sage self service.  

What information is on the 2018 1098-T?

Box 1

For calendar year 2018, IRS regulations require schools to report Box 1 amounts paid for qualified tuition and related expenses.  This reflects payments received for qualified expenses (tuition and required fees) from all sources during the 2018 calendar year.  This amount is not reduced by scholarships and grants reported in Box 5. 

Box 2  is blank intentionally.

2018 is the first year the IRS is requiring all schools to report payments received. 

Box 3

The IRS has required all schools to report the Payments Received Method starting in 2018. Since we previously reported Amounts Billed we have checked this box to reflect the change in reporting method.

Box 4

Adjustments made for a prior year: This box: reflects refunds or reimbursements made in 2018 that relate to payments received and reported to the IRS in any prior year.  Since we did not report payments received before 2018 there will be no payments adjustments in this Box for 2018.

Box 5

Scholarships or grants: reflects the total scholarships and grants posted to the student account in calendar year 2018. 

Box 6

Adjustments to scholarships or grants for a prior year: reflects reduction in scholarships and grants made during the 2018 calendar year that related to amounts reported on a prior year’s 1098-T. This could affect a tax credit for a prior year, please consult with your tax preparer or the IRS.

2018 1098-T FAQ