1098-T forms are required to by postmarked by January 31st. KCTCS makes every effort to have these mailed prior to this date.
General Information An eligible educational institution, such as Kentucky Community and Technical College System that received qualified tuition and related expenses on your behalf must furnish this statement to you. You, or the person who may claim you as a dependent, may be able to take either the tuition and fees deduction or claim an education credit on Form 1040 or 1040A for the qualified tuition and related expenses that where actually paid in a calendar year.
Filing and IRS Information Although Kentucky Community and Technical College System may be able to answer certain questions about this statement, do not contact them for explanations of the requirements for (and how to figure) any allowable tuition and fees deduction or education credit that you may claim. For more information about the deduction or credit, see Publication 970, Tax Benefits for Education; Form 8863, Education Credits; and the Form 1040 and 1040A instructions. These forms and publications can be found at http://www.irs.gov/ or call the IRS at 1-800-829-1040.
Address and Social Security Corrections For address or social security number corrections please contact the Registrar's Office at your local Kentucky Community and Technical College. Or call our 1098-T voice mail line at 1-859-256-3398, leave your name, social security number, contact phone number and a brief message of your questions.
Exceptions A 1098T form does not have to be furnished if any of the following occurs: - Courses for which no academic credit is offered
- Nonresident alien students, unless requested by the student
- Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships and grants
- Students whose qualified tuition and related expenses are entirely covered by the student's employer or government entity
1098-T Frequently Asked Questions
Page last updated Wed Jan 16, 2008 3:56 PM by Buddy Combs
|