税收抵免和1098-T

The Taxpayer Relief Act of 1997 和 the American Recovery 和 Reinvestment Act (ARRA) allows a tax credit to be claimed for out-of-pocket 支付 made to 皇冠app官方版下载 for the tax year for tuition 和 certain fees. The IRS requires that we provide the 1098-T statement to you for your use in completing IRS 8863年形成. 收费的详细清单, 支付, 奖助金, 和 scholarships is available on our website through your 罗拉 账户. We recommend that you refer to that information to assist in determining the amount of credit which may be claimed on your behalf. This information must not be construed as tax advice. The amounts 和 calculations used to determine the credit are the decision of the taxpayer after consideration of relevant IRS regulations, 8863年形成, 和, 也许, 税务顾问的建议. 点击这里 for more information on the IRS website.

Set up electronic 1098-T 和 get yours 快!  点击这里.

Do we have your correct SSN 和 address?  Update it with Loyola's W-9S form.

If you wish to print a copy of your 1098-T form, please 遵循以下步骤:

1. 点击这里进入 ECSI网站 (也称为Heartl和 ECSI) 
2. Type in your social security number without dashes.
3. If you encounter any problems accessing your 1098-T please use the 即时聊天 按钮或呼叫 ECSI免费收费 1-866-428-1098.

请按此查阅国税局资料.

Frequently Asked Questions 关于 the 1098-T Form:

问题: 为什么我收到1098-T?

答: Each university is required by law to report to IRS the names of all students who were enrolled in any course for credit during the previous calendar year 和 if any was graduate coursework. 除了, universities are required to notify the individual that the IRS has been provided with this information.

问题: 这些金额是什么意思?

答: The amount in Box 1 represents qualified tuition 和 related expenses for which we received payment during the tax year.  This may include expenses for the following Spring semester that were paid in the previous tax year prior to December 31st.  The amount in Box 5 represents scholarships 和 奖助金 we processed during the calendar year.

问题: What am I supposed to do with this form?

答: 把它和你的税务记录放在一起. You or your parents may be allowed to claim the American Opportunity or Lifetime Learning credit on your or your parents’ tax return.  Please check with your tax return preparer for eligible amounts.

问题: How do I know how much I paid in tuition?

答: You should keep your tuition statements for each semester 和 refer to them when preparing your tax return. If you cannot locate the statements, you may access your 账户 at 罗拉. Be sure to keep a copy of the 1098-T with your payment 和 tax records.

问题: Can I choose to receive my 1098-T form electronically?

答: You can choose to obtain your 1098-T form electronically 和 usually this is a 快 way to get yours!  访问 ECSI's electronic consent webpage 和 submit the requested information.  Once the 1098-T's have been generated, you will be sent an email instructing you to the web site for access to your 1098-T.  You may change your consent at any time by logging into your 学生账户页面 or by calling ECSI's 1098-T Hotline at (866) 428-1098. 

问题: If I lost my 1098-T can I get a new copy?

答: For fast access, you can log-in to 罗拉 和 view/print your 1098-T information under the ‘学费 和 Billing’ menu. 

Or, you may print a copy of the 1098-T we originally sent you from ECSI的网站; instructions are listed above.  ECSI originally mailed the form on our behalf 和 他们的网站 is a great source of information 和 resources for the 1098-T 和 claiming an education credit. We encourage you to visit this site 和 their links to IRS.