Form 1098-T

Form 1098-T

Regarding tax Form 1098-T: Ohio State will release Form 1098-T by the end of January 2022. Students will receive an email once the form has been made available. 


About Form 1098-T

Colleges and universities are required under Internal Revenue Code Section 6050S to issue the Form 1098-T for the purpose of determining a taxpayer’s eligibility for various education tax credits or deductions. The form is informational only.

Ohio State reports payments received for qualified tuition and related expenses (QTRE) on IRS Form 1098-T during the reported calendar year. Box 1 on the form is a snapshot amount as of December 31. This box will reflect the total payments that applied toward QTRE during the 2021 calendar year (January 1 – December 31), from any source. 

While the FAQs below may provide some guidance, please note that Ohio State cannot provide tax filing advice regarding Form 1098-T or your eligibility for education tax credits or deductions. Please visit irs.gov or contact your tax professional for filing assistance.


Form Eligibility and Issuance

When does Ohio State issue Form 1098-T?

1098-Ts are made available to students by January 31. Students will receive an email to their osu.edu address when the form is available. Once issued, students may access the 1098-T form online through My Buckeye Link.

Who receives Form 1098-T?

Ohio State must file a Form 1098-T for each student enrolled for the given calendar year and for whom a reportable transaction is made.

However, the IRS does not require Ohio State to provide a Form 1098-T for:

  • Courses for which no academic credit is offered, even if the student is otherwise enrolled in a degree program
  • Courses in which an E or EN grade was received
  • Nonresident alien students
  • Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships
  • Students whose expenses are covered by a formal 3rd party billing arrangement

How do I get my 1098-T form?

A student who is eligible to receive a 1098-T can access it online through My Buckeye Link as soon as it is available each year for which they are eligible. 1098-T forms are required to be available by January 31.

Note: Remember, you may view, download, and print your 1098-T at any time from your My Buckeye Link page.


As a reminder, you would have consented to receive your 1098-T form electronically when completing your Financial Responsibility Statement. To request a paper copy of your 1098-T instead of online delivery, you must withdraw your consent by the first Friday of spring semester. To do so, call the University Bursar at 614-292-1056 or email bursar@osu.edu.

Once you withdraw consent, a paper copy will be mailed by January 31 to the permanent address listed in My Buckeye Link. Due to a limited presence on campus, requests to have Form 1098-T mailed will only be filled 1x/week. 

My Buckeye Link says I am “not eligible to receive a 1098-T form.” Why?

Depending on your particular situation, Ohio State may not be required to produce a Form 1098-T for you. Please review the “Who receives Form 1098-T” FAQ.

I am the parent or guardian of an Ohio State student. Can I request a Form 1098-T?

Your student has on-demand access to their 1098-T from their My Buckeye Link page. From there, your student may view, print, or download the pdf form at anytime and send it to you for your tax filing needs. 

If you are not able to connect with your student to obtain the 1098-T, you may contact Buckeye Link and request a copy as long as you are listed on your student's information release


Form Details

What fees are qualifying for tax purposes?

For purposes of the tuition and fees deduction, qualified education expenses are tuition and certain related expenses required for enrollment or attendance at an eligible educational institution.

Some common Ohio State expenses that are qualifying for tax purposes:

  • Course/Lab fees
  • General fees
  • Instructional fees
  • Non-resident fees
  • Program fees
  • Student activity fees


The housing, meal plan, orientation, COTA, Tuition Option Payment Plan and other miscellaneous fees are generally not qualifying expenses for tax purposes. Please reference IRS Publication 970 Tax Benefits for Education for additional guidance (see IRS Publication & Forms database.)

Some common Ohio State expenses that are not qualifying for tax purposes:

  • Acceptance/Application fees
  • COTA fee
  • Health insurance
  • Housing charges
  • Dining/Meal plan charges
  • Orientation fees


The Ohio State University cannot legally provide tax advice. Please consult with a qualified tax preparer or the IRS if you have tax-related questions. 

What amounts are reported on Form 1098-T?

Example image of Form 1098-T for 2021 pulled from IRS website
Box 1 represents payments received, from any source, for qualified tuition and related expenses.

Box 2 amounts billed are not reported by The Ohio State University. 

Box 3 reflects a change in reporting method. 

Box 4 shows any adjustment made by an eligible educational institution for a prior year for qualified tuition and related expenses that were reported on a prior year Form 1098-T. This amount may reduce any allowable education credit that you claimed for the prior year (may result in an increase in tax liability for the year of the refund). 

Examples of why activity would show up in Box 4 include:

  • Late financial aid or sponsorship payment posting toward QTRE in the reported calendar year, for academic terms in a prior calendar year, which had been previously paid by other payment sources; for example, receiving financial aid (such as a loan, scholarship/grant, or work authorization) in January/February/etc. for the previous summer or autumn semester, which had been paid by other sources (such as a personal check or credit card payment)
     
  • A removal or reduction of a previously reported QTRE payment in the reported calendar year, for a semester in a prior calendar year

Box 5 shows the total of all scholarships or grants administered and processed by the eligible educational institution. The amount of scholarships or grants for the calendar year (including those not reported by the institution) may reduce the amount of the education credit you claim for the year.

Box 6 represents the amount of reductions or refunds made for scholarships or grants that were reported for a prior year.

An example of why activity would show up in Box 6 includes:

  • Removal or reduction of financial aid or a sponsorship in the reported calendar year, for a semester in a prior calendar year

Box 7 is checked if a reported payment was made for a semester beginning in early 2022 (January - March). 

Box 8 is only checked if you have been at least a half-time student (6 credit hours for undergraduate students; 4 credit hours for graduate) for a least one academic period that began during the calendar year.

Box 9 is checked if you were enrolled as a graduate student for at least one academic period during the calendar year for which reporting is required. As of 2019, Box 9 will also be checked for students enrolled in professional school.

 

Please review 2021 Instructions for Forms 1098-E and 1098-T for additional information.

My payment was posted in the wrong year, can you move it?

Amounts reflected on Form 1098-T are based on the timestamp of when the financial transaction posted to the student account.

After December 31, we cannot retroactively alter the timestamp of payments or financial aid transactions that were posted in a previous calendar year.  Any payment transactions that require reposting will be timestamped with the new calendar year and may be captured as a prior year adjusted amount on next year's Form 1098-T.

Where can I find the detail of how my payments were applied?

Log into My Buckeye Link and, in the Finances section, select Payments from the drop down menu. Once there:

  1. Enter the date parameters for January 1 to December 31 for the reported year. Click the Go button.
  2. In the Paid Amount column, click on the blue hyperlink to see what charges were paid.

Note: Only payments applying toward qualified tuition and related expenses are reflected in Box 1. As a reminder, tuition waivers are not payments. They are charge reductions.

(Prior to tax year 2018) Why is Box 1, payments, blank on my 1098-T?

Prior to tax year 2018, the IRS gave institutions the option to report either payments in box 1 OR amounts billed in Box 2. Ohio State chose to report amounts billed in Box 2.

To calculate payments made to Ohio State, prior to tax year 2018, see the official Statement of Account for the semesters within the appropriate tax year. Students can access their Statement of Account once signed into buckeyelink.osu.edu. Click the “Term” arrow to view previous semesters.


Requests for Form Changes

My name and/or address has changed, or I've obtained a SSN/ITIN, since my 2021 1098-T was generated. Can I request an updated version?

Yes, if your name and/or address has been updated in My Buckeye Link, or if you have obtained a SSN/ITIN, you may request an updated 2021 1098-T form until March 11, 2022.

To do so, call the University Bursar at 614-292-1056 or email bursar@osu.edu

I disagree with the amounts reflected on my 1098-T. Can I request a hand calculation for my 1098-T values?

No. Due sheer volume, we are unable to fulfill requests for personalized 1098-T calculations. Form 1098-T is used as a guide, but additional materials may assist in reviewing your eligibility for tax credits or tax deductions.

  • Statement of Account - obtained from your My Buckeye Link; reflects charges and payments, as well as their post dates
  • Cashed check images - obtained from your banking institution
  • Online bank statements - obtained from your banking institution

These materials, along with the guidance of a tax preparer or the IRS, can assist in determining your eligibility. Remember, per the IRS, the Lifetime Learning Credit and the American Opportunity Tax Credit have maximum annual credit limits of $2,000 and $2,500 respectively.

Additionally, please keep in mind that Ohio State cannot provide tax filing advice.


Form Instructions and Additional Resources

What are the instructions for Form 1098-T?

Please visit Instructions for Forms 1098-E and 1098-T on the IRS website for information on how to use Form 1098-T and to review educational tax credits and deductions qualifications.

You may also choose to consult with a qualified tax preparer or the IRS if you have questions concerning how to use this form on your taxes.

Did Ohio State send a copy of this form to the IRS?

Yes. Section 6050S of the Internal Revenue Code, as enacted by the Taxpayer Relief Act of 1997, requires institutions to file information returns to assist taxpayers and the Internal Revenue Service in determining eligibility for the American Opportunity and Lifetime Learning education tax credits. The annual deadline to file the required tax information electronically is March 31, although data may be transmitted earlier. 

 What am I supposed to do with the 1098-T form?

Keep it for your personal records and share it with your tax preparer; Ohio State sends your 1098-T information to the IRS. The information contained in the 1098-T will help you to determine if you may claim various tax credits and/or deductions for qualified educational expenses. Please be aware that the 1098-T captures financial information on a calendar year basis (January 1 – December 31) and you will likely need your statements of account (also available from buckeyelink.osu.edu) and other personal receipts (eg. books & supplies) to calculate your tax credits and deductions

Who can claim an Education Credit and what are the maximum credit amounts?

You may be able to claim an education credit if you, your spouse, or a dependent you claim on your tax return was a student enrolled at or attending an eligible educational institution.

If a student is claimed as a dependent on another’s tax return, only the person who claims the student as a dependent can claim a credit for the student’s qualified education expenses.

If a student is not claimed as a dependent on another person’s tax return, only the student can claim the credit.

If you claim an exemption on your tax return for an eligible student who is your dependent, treat any expenses paid (or deemed paid) by your dependent as if you had paid them. 

Remember, per the IRS, the Lifetime Learning Credit(link is external) and the American Opportunity Tax Credit(link is external) have maximum annual credit limits of $2,000 and $2,500 respectively.

See additional restrictions for claiming the credit by visiting About Form 8863 Education Credits

What resources does the IRS make available for the 1098-T?


HEERF and CARES Act Specific Questions

Will the money I received under the CARES Act be reflected on the 1098-T?

No. Per guidance from the IRS, CARES Act funds issued to students will not be reflected on the 1098-T. 

Will the money I received under the HEERF be reflected on the 1098-T?

If you elected to have HEERF funding apply toward qualified tuition and related expenses (QTRE), HEERF will be reflected only in Box 1 as a payment received toward QTRE. You would have made this election while completing an emergency grant application through the Office of Student Financial Aid. There will be no reflection of HEERF in Box 5 as a scholarship or grant.

Otherwise, if you did not elect to have HEERF funding apply toward qualified tuition and related expenses, there will be no reflection of HEERF on the 1098-T, in Box 1 payments received toward QTRE nor will it be reflected in Box 5 as a scholarship or grant.

Please visit the IRS website for additional information about federal higher education emergency grant funding.

I received emergency funding from Ohio State. Why is it being reflected in Box 5?

Ohio State scholarships are institutionally funded and awarded for a variety of reasons that are not necessarily related to the coronavirus emergency, and consequently must be reported on IRS Form 1098-T.

The CARES fund grants are awarded solely to reimburse or pay for reasonable and necessary expenses incurred as a result of the coronavirus emergency. Because of this, the university is able to designate these payments as “qualified disaster relief payments” under the law. Qualified disaster relief payments are not required to be reported on IRS Form 1098-T. 

If you have questions regarding the tax treatment of your Ohio State scholarship, the university encourages you to consult with your personal tax advisor.

 

Need help?

Buckeye Link can assist with the Statement of Account, financial aid, tuition payment options, registration challenges and more.

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Friday: 9 a.m. to 4 p.m.

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Fax: 614-292-5587

Contact Bursar

Office of the University Bursar
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Columbus, Ohio 43218-3248

bursar@osu.edu
Phone: 614-292-1056
Fax: 614-292-1106

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