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  4. Tax Credit 1098-T Info & Availability

1098-T Tax Information - Key Points Form Availability听

MSU provides the 1098-T tax form each year by January 31 for the previous calendar year.听

Available either听听

  • Online through Campus Connection (with consent)听
  • By mail to your listed address if no consent is given听

How to Access 1098-T Online听听

  • Log in to Campus Connection > Student Center听听
  • Grant electronic consent under the 1098-T section听
  • Once consent is granted, paper copies will no longer be mailed.
  • If consent was given in a past year, no action is needed.

Mailed Copy

  • If you don't consent, the form is mailed to your Mailing/Home address listed in Campus Connection.听
  • Make sure your address is updated before the second Thursday of January.
  • No duplicate mailed copies are available if you lose it鈥攁ccessit online instead.听听

Lost or Missing 1098-T听听

  • Cannot be re-issued by mail or over the phone
  • 听Students must:听听
    • Log into Campus Connection. Select 鈥淰iew 1098-T Info.鈥澨�听
    • Choose the tax year and print the form.听

Social Security Number Requirement听听

  • MSU must have your correct SSN for IRS reporting.听
  • If 测辞耻鈥檙别 contacted to submit or correct your SSN, follow the instructions.听听
  • Missing or incorrect SSNs can result in IRS fines or audits.听听

Student Privacy & Access听听

  • Only the student can update their address or access the 1098-T.听听
  • Due to FERPA, MSU cannot discuss the 1098-T with parents/spouses unless a release is on file.听听

What is the 1098-T Form?听听

  • A required IRS tax form that reports qualified tuition and fee charges听
  • Helps students or tax preparers fill out IRS Form 8863 for education tax credits (like the American Opportunity or Lifetime Learning Credit)听听

Important IRS Reporting Notes听听

  • MSU reports 鈥淎mounts Billed鈥� in Box 2, not 鈥淧ayments Received鈥� (Box 1 is blank).听听
  • Students must use personal payment records to determine what was actually paid.听
  • Books, supplies, and other qualifying expenses are not tracked by MSU.听听

Explanation of 1098-T Boxes听听

  • Box 2: Qualified tuition and related fees billed (not paid), does not include room, board, or books.听听
  • Box 4: Adjustments or refunds for charges from a prior year听
  • Box 5: Scholarships, grants, and third-party payments (not family payments or loans)听听
  • Box 8: Checked if you were enrolled at least half-time (6+ credits in a semester)听听

Tax Filing Tips听听

  • The 1098-T is a starting point only.听听
  • You need your own payment records and receipts to claim any education-related tax benefits.听听
  • MSU does not determine whether you qualify for a tax credit.听

Bookstore Receipts听

  • Students must keep their own receipts for books and supplies.听
  • These may not be available later from the MSU Bookstore.听听

Need Help or See an Error?听