1098-T General Information
By law, the University of Denver is required to furnish form 1098-T each tax year to enrolled students who are US citizens or permanent residents. The Taxpayer Relief Act of 1997 (TRA97) established education tax credits for taxpayers. The 1098-T form may assist you in determining eligibility for education tax credits or deductions. More information regarding these credits and deductions is available at the IRS website or by calling 1-800-TAX-FORM. IRS Publication 970, Tax Benefits for Education and IRS Form 8863, Education Credits are particularly helpful.
1098-T forms have been sent for the 2014 tax year. You can view and print your 1098-T form online through PioneerWeb. See the instructions below.
The University of Denver cannot provide tax advice. Please refer to relevant IRS forms and publications or consult a tax advisor, not the University of Denver, for explanations regarding eligibility for and calculations of any allowable tax credits or deductions.
The information that universities are required to provide on Form 1098-T does not necessarily correspond to the information you may need to calculate any education tax credits or deductions for which you may be eligible. Universities are required to report either amounts billed for qualified tuition and related expenses in calendar year 2014 (Box 2) or payments received for qualified tuition and related expenses in the calendar year (Box 1). Like most universities, the University of Denver reports amounts billed in Box 2, rather than payments received in Box 1. The University will not fulfill any requests for forms to be printed with amounts in Box 1.
The calculation for claiming education tax credits or deductions is based upon amounts paid for qualified tuition and related expenses during calendar year 2014 – not amounts billed by the university. Therefore, the amount reported in Box 2 as billed during 2014 may not be the basis for calculating tax credits for 2014.
The IRS requires universities to report on a calendar year, rather than academic year. Therefore, the amount reported in Box 2 includes any amounts billed in calendar year 2014 for Winter Quarter 2015. The amount reported in Box 5 also includes any scholarships and grants credited in calendar year 2014 for Winter Quarter 2015.
The IRS requires universities to reduce the amount of billed charges by any tuition waiver proceeds. If you received any type of tuition waiver during the calendar year, you will see a reduction in the amount of charges reported in Box 2.
Social Security Numbers
By law, you are required to provide your correct Taxpayer Identification Number (Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)) to persons who are required to file information returns with the IRS. If you fail to furnish your correct SSN or ITIN to the University of Denver, you are subject to a penalty of $50 imposed by the IRS unless your failure is due to reasonable cause and not to willful neglect. Periodic reviews will be done by the University to check for students without SSNs on file. Those students will be sent requests to submit SSN information online through PioneerWeb or to submit a completed IRS Form W-9S, Request for Student's or Borrower's Taxpayer Identification Number and Certification.
To update your SSN with the University, log into PioneerWeb, go to the Student tab, and click on Update Social Security/Taxpayer ID Number under Student Information.
Alternatively, you can complete and submit Form W-9S, which can be found on the IRS website, http://www.irs.gov/pub/irs-pdf/fw9s.pdf. Completed forms should be delivered to the Bursar's Office. Forms can be delivered in person, mailed via USPS, or faxed to 303-871-4401.
1098-T Form Delivery
1098-T forms have been sent for the 2014 tax year.
1098-T forms are sent electronically to your DU email address. You may also choose to have a copy sent to a second email address. To enter a second email address, log into PioneerWeb, go to the Student tab, and click the 1098-T Delivery Preferences link under My Statement.
Emailed 1098-T forms are password protected. Your default password will be described in the email text. To create a different password for future 1098-T forms, or if you have forgotten your password, log into PioneerWeb, go to the Student tab, and click the 1098-T Delivery Preferences link under My Statement.
If you prefer to have future 1098-T forms sent via US Mail, you must notify the Bursar's Office in writing. Future forms will then be mailed to the address the University has on file for you as of January 1 of each year.
Per IRS regulations, 1098-T forms are only sent to US citizens and permanent residents. If you are not a US citizen or permanent resident, you may request a 1098-T by emailing the Bursar's Office at firstname.lastname@example.org.
If you did not receive your 1098-T form for 2014, or if your address has changed, you can view and print your 1098-T form online through PioneerWeb. See the instructions below.
View Your 1098-T Form Online
To view your 1098-T form and more detailed information online:
- Log into PioneerWeb
- Select the myWeb tab
- Select Student
- Select Student Account
- Select Tax Notification
- Enter the tax year to view and click Submit
The 1098-T form for the selected tax year will display. Detailed information can be viewed by scrolling down the page or clicking the amounts in the 1098-T form. You may print the form from your web browser to assist you in your tax preparation.