Financial Services and Operations

1098-T

Tax form 1098-T is an informational form that serves to alert students that they may be eligible for federal income tax education credits such as the American Opportunity Credit or the Lifetime Learning Tax Credit.  It should not be considered as tax opinion or advice. In addition to the 1098-T form, you will also need your student account history found under "Student Account Details" in MyMichiganTech/Banweb, and personal records, such as bank statements, to assist you in completing IRS Form 8863.

For information pertaining to educational tax credits please refer to IRS Publication 970 and to IRS form 8863.

Important note:  Michigan Technological University is unable to provide you with tax advice. If you have tax related questions, you should seek professional assistance from an informed tax preparer.

Listed below is a description of what is included in each box of the 1098-T form.

 

If you have additional questions about the 1098-T form, please refer to 1098-T FAQ, or IRS Publication 970.