What Is Form 1098-T | Filing Requirements | How To eFile

Key Takeaways

Form 1098-T is a tuition statement for college students showing paid college expenses.
Important dates for Form 1098-T (2020 tax year): Recipient Copy by January 31st, IRS eFile by March 31st, Paper Filing by February 28th.
Use Form 1098-T to claim education credits or deductions on your tax return.

Form 1098-T is a tuition statement that college students generally get from their colleges around the time taxes are being done. The form will show a student how much they have individually paid in college expenses.

What Expenses Qualify?

Tuition and fees at an eligible college or university
Some meal plans that are necessary for enrollment

What Doesn’t Qualify For 1098-T?

Personal expenses
Transportation fees
Room and board

This 1098-T form can be used to claim education credits or a deduction on your tax return.

Important Dates For 1098-T

Recipient Copy – January 31st
IRS eFile – March 31st
IRS Paper Filing – February 28th

If these dates fall on a holiday they will automatically move to the next day.

How to eFile 1098-T for the Year 2020?

Tax1099 is the go-to source for your 1099 filings. You can eFile Form 1098-T Online for the year 2020 using Tax1099. Don’t wait for the deadline eFile Now!