The University of Nebraska System Tax Department only provides consultation and guidance on tax issues related to students e.g., Form 1098-T reporting and student payments in the form of a scholarship, fellowship, stipend, wage, etc. These determinations and filings are completed and submitted by the individual campuses.
Please note that if a payment made to a student is not reportable to the IRS by the University of Nebraska System, it still may be taxable to the student and may need to be reported on the student’s income tax return. For more details on this topic, please consult your personal tax advisor and/or reference the detailed information below.
Form 1098-T: Tuition Statement
As required by the Internal Revenue Service (IRS), Form 1098-T: Tuition Statement is made available by January 31 to all students by each individual campus that had qualified tuition and other related educational expenses billed to them during the previous calendar year. These documents can be easily accessed through the following systems for each campus:
Form 1098-T Explained
University of Nebraska System must furnish an IRS Form 1098-T: Tuition Statement, as required by Federal Regulations, to all students who were enrolled at one of the University of Nebraska System campuses and have reportable payments during the calendar year. The Form 1098-T is informational only, and it should not be considered tax advice. It serves to alert students that they may be eligible for federal income tax education credits, such as the American Opportunity Tax Credit and the Lifetime Learning Credit. Regulations do not require generation of forms for International Students or for non-credit courses.
Box 1 - Payments Received
Box 1 of Form 1098-T reports the qualified tuition and related expenses paid to you during the calendar year which may be different than the amount billed during the calendar year. You may not be able to take an education tax credit with respect to the entire amount paid and reported in box 1. For the University of Nebraska System, the following categories of charges are included or not included in qualified tuition and related expenses:
Included:
- Tuition
- Academic Success fee
- Activity fee
- Distance Education fee
- Diversity and Inclusion fee
- Facility fee
- ID Card fee
- Library fee
- Multicultural fee
- New Student Enrollment fee
- Student Events Ticket fee
- Student Records fee
- Student Union fee
- Technology fee
- Undergraduate Research Fellows Program fee
- Wellness Center fee
- Course related fees
Not Included:
- Health & Counseling fee
- Late Registration fee
- Late Payment fee
- Change of Schedule fee
- International Student fee
- Withdrawal fee
- Non-credit course charges
- Room & board charges
Box 4 - Adjustment for Prior Year
Box 4 of Form 1098-T reports adjustments made for qualified tuition and related expenses that were reported on a prior year Form 1098-T. The amount reported in Box 4 represents a reduction in qualified tuition and related expenses paid during a prior calendar year. This amount may reduce any allowable education credit you may claim for the prior year.
Box 5 - Scholarships & Grants
Box 5 of Form 1098-T reports the total of scholarships or grants administered and processed by the University of Nebraska System during the calendar year. The amount reported in Box 5 does not include student loans, scholarships, or grants not administered or processed by the University of Nebraska System.
Please Note: The amount of any scholarships or grants reported for the calendar year and other similar amounts not reported (because they are not administered and processed by the University of Nebraska System) may reduce the amount of any allowable tuition and fee deduction or education credit that you are entitled to.
Box 6 - Adjustments to Prior Year Scholarships & Grants
Box 6 of Form 1098-T reports adjustments made to scholarships or grants that were reported on a prior year Form 1098-T. The amount reported in Box 6 represents a reduction in scholarships or grants awarded during a prior calendar year. This amount may affect the amount of any allowable tuition and fees deduction or education credit you may claim for the prior year.
Box 8 - Half-Time Student
Box 8 shows whether you are considered to be carrying at least one-half the normal full-time workload for your course of study at the University of Nebraska System for at least one academic period.
Box 9 shows whether you are considered to be enrolled in a program leading to a graduate degree, graduate-level certificate, or other recognized graduate-level educational credential.
Education Tax Credits & Deductions
Additional information on the education tax credits and deductions available can be found at the following resources:
- (American Opportunity Tax Credit and the Lifetime Learning Credit)
-
US Citizens & Non-US Citizens
- For U.S. Citizens, your Social Security Number (SSN) is required to process a 1098-T.
- Non-U.S. citizens that have a Taxpayer Identification Number (TIN) can be used to process a 1098-T.
Questions
If you have any questions, these can be directed to student accounts on each individual campus.
Disclaimer
The University of Nebraska System is not qualified to provide legal and/or tax advice. For tax advice on your specific situation, contact a tax professional.
