Student Accounts
1098T Tax Forms
Overview
All students who were enrolled and billed for qualifying tuition and related expenses for the calendar year 2011 will be sent a 1098-T tax form from Clark University by 1/31/12. In order to provide this information the student would need to have their social security number on their student record kept by the Registrar. If we do not have your social security number and you would like to receive a form 1098-T, please click here to complete the Social Security Number Update Form.
Instructions for Students
All eligible educational institutions, such as a college or university in which you are enrolled, and an insurer who makes reimbursements or refunds of qualified tuition and related expenses to you must furnish this statement to you. You or the person, who claims you as a dependent, may be able to claim an education credit on Form 1040 or 1040A for qualified tuition and related expenses. Clark University will be reporting billed qualified tuition and related expenses along with the amount of any scholarships or grants that were applied to the student’s account during the calendar year.
Clark University can only answer questions on how the form was prepared. Questions regarding your eligibility should be directed to your tax preparer. For more information about any education credits see IRS Publication 970 Tax Benefits for Education, Form 8863, Education Credits, the Form 1040 or 1040A. These can be found at www.irs.gov.
Box 1. Payments received for qualified tuition and related expenses.
Box 2. Amounts billed for qualified tuition and related expenses.
Box 3. If this box is checked, your education institutions has changed its reporting method for 2011.
Box 4. Adjustments made for qualifying tuition for a prior year that was previously reported on a 1098T.
Box 5. Scholarships or grants.
Box 6. Adjustments to scholarships or grants for prior year that was previously reported on a 1098T.
Box 7. Checked if the amount in box 1 or 2 includes amounts for an academic period beginning January – March 2012.
Box 8. Checked if at least half-time student.
Box 9. Checked if a graduate student.
Box 10. Insurance contract reimbursement/refund.