Welcome to the 1098-T Information Page
You may have already received Form 1098-T in the mail. This form is an informational statement required by the Internal Revenue Service (IRS). It is designed to assist you, your family, and the IRS in determining if you qualify for the Hope or Lifetime Learning education tax credits. Maricopa Community Colleges is required to mail the forms to potentially eligible students by January 31, 2008. Please allow a minimum of 14 days from this date before requesting that a duplicate form be mailed.
Frequently Asked Questions: www.dist.maricopa.edu/business/reporting/1098T/1098faq.html
Useful Links:
www.dist.maricopa.edu/business/reporting/1098T/1098links.html
NOTE: It is up to each taxpayer to determine their individual eligibility for the credits. Calculation of the credit is also up to the individual taxpayer. Maricopa Community Colleges cannot advise you on how to claim the credit.
For tax year 2007, Maricopa Community Colleges is required to report specific information on the form and to provide that information to the IRS. In accordance with the rules for information reporting, colleges and universities choose one of two possible reporting approaches:
- Payments received for qualified tuition and related expenses --or--
- Amounts billed for qualified tuition and related expenses
Maricopa Community Colleges, along with a vast majority of institutions across the country, elects to report the amount the student was billed during 2007. Since Maricopa Community Colleges has elected this method of reporting, there will be no amounts reported in Box 1 of Form 1098-T. Amounts billed for qualified tuition and related expenses during 2007 will appear in Box 2 of the form. Prior year adjustments (if any) appear in Box 4.
For specific questions regarding your Maricopa Community Colleges 1098-T, please leave a message at (480) 731-8700 or send an email to 1098T@domail.maricopa.edu. Please include the spelling of your name, social security number or alternative student ID number, telephone number, the college or colleges you attended during 2007, and a thorough explanation of your question. Messages will be answered in the order received.
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