The 1098T form is used by eligible educational institutions to report information about their students to the IRS. A 1098T form is considered for informational purposes only and must be provided to all eligible students. The 1098T form serves to alert students that may be eligible for either the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC). Eligible educational institutions are required by law to submit the student’s name, address, taxpayer identification number, enrollment status, academic status, payments (up to the amount of QTRE (qualified tuition and related expenses) billed), and scholarships & grants.
*Please note that it is the taxpayer’s responsibility to determine their eligibility for the educational credits and how to calculate them. Representatives of Beaufort County Community College do not provide tax advice.
Beaufort County Community College offers the ability to download your 1098T online through Self-Service. Learn how to consent to receive your 1098-T online.
The IRS does not require 1098T forms for:
Payments made in the given calendar year (Jan 1-Dec 31) will be reported on your 1098T.
1098Ts will be available no later than January 31 of each year, as required by law.
Yes. Beaufort County Community College is required by law to send a copy of your form 1098T to the IRS.
If a student has the wrong SSN on their 1098T, the student needs to correct this error with Admissions. (link to Admissions)
If you have discovered a discrepancy on your 1098T form, please contact the Business Office at (252) 940-6340 or [email protected] as soon as possible.
