1098t

[Redneck]

If the client receives a 1098T from an educational institution does this mean that the institution is a ELIGIBLE EDUCATIONAL INSTITUTION. If not how do you find out if the institution is eligible. Thanks for any response.

[TaxGuyBill]

The best way is for the student to ask the Educational Institution.


An "Eligible Educational Intuition" is usually required to file a 1098-T, while a non-eligible educational institution is NOT required to file one. Therefore, I really doubt if a non-eligible institution would file a 1098-T.

http://www.irs.gov/instructions/i1098et/ar02.html#d0e229

Of of the requirements for a qualifying educational institution is that it must be "eligible to participate in the Department of Education's student aid programs". I check the FAFSA site, and if it is NOT on the website, I know that it is NOT an eligible institution.

https://fafsa.ed.gov/FAFSA/app/schoolSearch?locale=en_EN

[Redneck]

Thanks

Thanks TaxGuyBill The fafsa website really helped.