1098T TAX FORM INFORMATION

Information regarding the 1098T Tax Form:

Please understand that the Student Accounts Office cannot offer tax advice.  If you have questions about the 1098T form and tax credits, please contact your tax preparer or follow the links to the IRS provided at the bottom of this page.

 

Frequently Asked Questions (FAQ’s)

 

 Q.  What is a 1098T form for?

A 1098T form is for a student/or parent of student to use to claim a Hope and Lifetime Learning Education Credit when they file their taxes.  The Hope is based on tuition and related expenses required for enrollment or attendance at an eligible institution.  For more information, please go to the links at the bottom of this web page.

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 Q.  When are the 1098T forms mailed?

By the end of January, the Student Accounts Office mails out the 1098T form for the prior tax year.  Please note that we will not give “estimates” for those who file for taxes early. 

The Student Accounts Office will not email this form in a PDF due to the confidential nature of the  data that is included on this form to prevent Identity Theft.

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 Q.  To which address will my 1098T form be mailed to?

Undergraduate Students:

The forms are placed in student boxes on campus for resident students. 

 

Degree Completion Students:

The forms will be mailed to the permanent addresses of Degree Completion Students.

 

Graduate Students: The forms will be mailed to the permanent addresses of Graduate students.

 

*If any student has had a change of address, please contact the Registrar’s Office and provide them with your updated address.

Distance Learning Students: The forms will be mailed to the permanent addresses of Distance Learning only students.

Recent Alumni: Those who are no longer current students will have this form mailed to their permanent addresses.

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 Q. Why is Box 1 on the 1098T blank?

The IRS requires that schools fill either Box 1 or Box 2 on the form.  Life Pacific College will provide information in Box 2, which is the amounts billed for qualified tuition and related expenses.

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