What is the 1098-T form?
Form 1098-T (Tuition Payments Statement) is the information that colleges and universities are required to issue for the purpose of determining a student’s eligibility for the American Opportunity and Lifetime Learning education tax credits. The 1098-T form can be kept with your records and does not need to be sent to the IRS with your income tax return since AUM sends your 1098-T information to the IRS.
The information on this page is general information. AUM does not assist in tax preparation and cannot answer specific tax questions. For tax specific questions, please contact the Internal Revenue Service or a qualified tax advisor for further assistance.