Will I Receive a 1098-T?
The TeacherReady® program is not eligible for a 1098-T forms because it is a non-credit continuing education program. We do not collect social security numbers, and payments are not reported by individual students to the IRS. We advise all students to consult a tax advisor before listing any payments on their tax return. Students have listed the information on their tax returns previously, and they were audited for ineligible items.
UWF does not provide 1098-T Forms to student’s who are 1) not enrolled at UWF for for-credit courses and 2) for UWF student’s without a UWF ID#. Please visit http://uwf.edu/offices/financial-services/student-financial-services/student-accounts-cashiers/ for UWF’s information and explanation of the 1098-T Form.
Also, please visit https://www.irs.gov/instructions/i1098et/ar02.html#d0e248 for the 1098-T Form IRS instructions. Per the Internal Revenue Service, we are not required to file or furnish the 1098-T Form for the following circumstances:
Specific Instructions for Form 1098-T
File Form 1098-T, Tuition Statement, if you are an eligible educational institution that received payments for qualified tuition and related expenses from a student. You must file for each student you enroll and for whom a reportable transaction is made. Also, if you are an insurer, file Form 1098-T for each individual to whom you made reimbursements or refunds of qualified tuition and related expenses.
Exceptions. You do not have to file Form 1098-T or furnish a statement for:
- Courses for which no academic credit is offered, even if the student is otherwise enrolled in a degree program;
- Nonresident alien students, unless requested by the student;
- Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships; and
- Students for whom you do not maintain a separate financial account and whose qualified tuition and related expenses are covered by a formal billing arrangement between an institution and the student’s employer or a governmental entity, such as the Department of Veterans Affairs or the Department of Defense.