Skip to Main Content

Tax Information

There are a number of tax benefits and credits offered by the federal government to college students, including the 1098-T.

1098-T Form

The 1098-T form is a Tuition Payment Statement that includes information that colleges and universities are required to issue for determining a student's eligibility for education tax credits.

The 1098-T form issued by the University of Massachusetts reports the amount received over the course of the previous calendar year, provided you were enrolled in classes during that year. This form will assist you or whomever may claim you as a dependent when preparing your federal income tax return.

  • Receipt of a 1098-T does not mean you automatically qualify for a tax credit.
  • The University cannot assist you with preparing your tax return or provide any tax advice.
  • Please consult with a professional tax advisor or go to the Internal Revenue Service (IRS) website for questions regarding educational tax benefits.

Prior to the release of the IRS 2019 1098-T instructions, schools were able to report either amounts actually paid or received in Box 1 or amounts billed in Box 2 (but not in both). The IRS issued new guidance that requires schools to use only Box 1.

  • Institutions may no longer report amounts billed in Box 2 for tax year 2018 (forms filed in 2019) and beyond.

Students can access an on-line version via SiS Student Self Service.

For more information, on How to Read the 1098-T visit the 1098-T Frequently Asked Questions page.

CARES Act (also known as the HEERF Grant)

The CARES Act money as well as the HEERF grants will not be reported on the 1098-T. These funds cannot be used to apply for educational tax credits or deductions. For more information as well as IRS guidance on this matter refer to the Student Tax and Compliance Information page.

Taxpayer Identification Number

To submit or correct your taxpayer identification number, use the Taxpayer ID Number Form W9S. Print, complete and submit to the Student Financial Services Office.

Canadian Students