Undergraduate, graduate, law, medical and continuing studies students.
You need to consult your tax advisor for any questions relating to your personal tax return or your parents tax return. While it is not federally required to include this document with your tax return your individual tax preparer may prefer to include the document with your return.
Yes, the University is required by federal regulations to report your 1098T information to the Internal Revenue Service.
The IRS requires the University to complete either Box 1 or Box 2, not both boxes.
The amount in Box 2 is the total of all tuition charged to your account for the time period: January 1, 2007 to December 31, 2007.
The amount in Box 4 is the total of all scholarships, grants and tuition remission credited to your account for the time period: January 1, 2007 to December 31, 2007.