FORM 1098T UPDATE
*Please note, consistent with IRS guidance, the emergency financial aid grants under CARES Act is not taxable, and UW will not report this payment in Box 5 on the 1098T form in 2020. For more information, please visit the IRS website.
If you have other questions, please contact the IRS or talk to a tax accountant.
**In previous years, your Form 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) we billed to your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE you paid during the year.
The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of your tax return.
What is a 1098T?
The UW Form reports all tuition and fees paid to the university, as well as scholarships and financial aid money received during the tax calendar year (Winter, Spring, Summer, and Autumn quarters). These amounts are reported to the IRS.
One of the purposes of the 1098T form is to help students determine if they (or their parents or guardians who claim them as a dependent) can qualify for an educational tax credit. Please refer to the IRS Publication 970 or visit our Education Tax Credits section for more information.
For tax filing purposes, the 1098T from the UW is an acceptable substitute form of the IRS 1098T form as it contains the same information. The UW 1098T form includes a detailed list at the bottom of the page reporting all transactions with the UW, such as expenses paid and scholarships received. This will allow you to see what is included in Box 1 and Box 5.
For information on the box # on the 1098T form, please read the instructions from the IRS.
If you have any questions, please feel free to contact us at 206-221-2609, send an email with your student# to firstname.lastname@example.org or review the FAQs below.
Obtaining your 1098T Information
The 1098T is available at the end of January. There are two ways you can receive this form: Electronically or via US Mail.
Students may choose to receive the IRS Form 1098-T electronically instead of waiting to have it printed and delivered in the mail. Log on to your MyUW account and select the Electronic IRS Form 1098-T Consent option. Doing so will allow students and authorized parents or guardians, to access 1098-T tax forms from your MyUW account as soon as they are available.
The University of Washington will mail you an IRS Form 1098T at the end of January. If you are registered for Winter quarter, the form will be mailed to your local address. Otherwise, it will be sent to your permanent address.
- Q1. When will the 1098T be available?
- Q2. Can I get a 1098T Form for previous years?
- Q3. How can I get a corrected 1098T?
- Q4. I paid my tuition through UW Professional and Continuing Education, why is the payment information listed under the grant/aid section?
- Q5. As Professional and Continuing Education student, why does the 1098T statement say “No” in regards to either being a full-time student, graduate or undergraduate student?
- Q6. As a student on an F1 visa, do I get at 1098T?