1098-T Tax Forms, 2015 Now Available | Webster University

1098-T Tax Forms, 2015 Now Available

Your 2015 1098-T tax form is being completed in accordance with IRS guidelines, and it will be filed with the Internal Revenue Service. Webster University has mailed hard copy forms, and an electronic version is available online through Connections. Electronic forms for prior tax years are also currently available through Connections.

Webster University may not provide information about educational tax credits or eligibility. We recommend that you obtain a copy of the IRS Publication 970, Tax Benefits of Education, in order to gain an understanding of the available tax benefits that may effectively lower the cost of your higher education. A copy of IRS Publication 970 is available via the IRS Web site, http://www.irs.gov/pub/irs-pdf/p970.pdf  or by calling 1-800-829-3676.

Federal regulations allow higher educational institutions to report either payments received in box 1 or amounts billed in box 2. Webster University reports qualified tuition and fees billed for the Spring 2015 through Fall 2015 terms in box 2 in compliance with IRS requirements. We do not report payments received, so box 1 is appropriately blank. It is the tax payer’s responsibility to identify what payments were made to the University related to qualified tuition and related expense. This form may not be used for this purpose, but a detailed statement of your 2015 calendar year account activity with Webster University, including payments, can be obtained on-line through https://connections.webster.edu using your Connections username and password. Select the View Account History by Date link from inside the Student Account Financial Services box located on the right side of the page within the Student tab.