1098-Ts

 

1098-T Forms

Please read our 1098-T FAQs here.

The University is required to furnish a 1098-T form to each student with qualifying payments and/or scholarships every calendar year. The University also sends the 1098-T information to the IRS. The form does not need to be attached to a tax return; students may keep the form for their records.

The 1098-T is made available to eligible students in the eBill system by January 31st each year. You can access your 1098T on the home page or via the Statements page. Students can also share access to their 1098T with their authorized users. Please make sure to add @ecsi.net to your list of trusted domains. If you did not consent to receive your form electronically, the forms are mailed to the permanent or current address on file. 

We report payments towards qualified tuition and related expenses in Box 1 and scholarships/grants received in Box 5, based on the calendar year. If you need verification of the amount billed, you can review your Account Activity in the eBill system under the Student Accounts menu. Please consult with your tax professional for any questions related to the tax impact of your reported amounts.

Please note that Form 1098-T, Tuition Statements, should not be used to validate Form 1099-Q: Payments from Qualified Education Programs, which is used to report payments received from a 529 plan provider. Withdrawals from a 529 plan can be used to pay for expenses, such as room and board, however, per IRS rules payments received for these charges cannot be reported in Box 1 of a 1098-T. Statements of account are typically sufficient to show that 529 withdrawals were used for educational expenses. 

Additionally, the links below may be helpful in understanding the instructions, purpose, and applicability of the 1098-T for your individual tax situation. All of the information that GW can provide to you is either on the 1098-T form or is included on this webpage.  We are not allowed to discuss tax implications or give tax advice.  Please consult your tax professional with all questions related to this document.  Some helpful links to the IRS at the bottom of this page may provide you more information related to how form 1098-T may affect you. Please seek guidance from a tax professional.

 

https://www.irs.gov/individuals/students

https://www.irs.gov/taxtopics/tc421

https://www.irs.gov/individuals/international-taxpayers/foreign-students-and-scholars

https://www.irs.gov/newsroom/tax-benefits-for-education-information-center

https://www.irs.gov/forms-pubs/about-publication-970