On-Line 1098-T Forms Select the "View 1098-T" link on the dropped down menu under Finances on their Student Center. You will need to Grant Consent to receive on-line access or print forms electronically. Detail information about your qualifying charges & scholarship will also be available.
Option 2: Use your UTC ID and password to log in to your My MocsNet account. Once logged in, click the Money tab, then click Go to My Account, next Click on My Account, on the top left of the menu bar click on Statements, and select 1098T- Tax Statements.
Educational institutions that are eligible to participate in the Department of Education's student aid programs can issue Form 1098-T, including colleges, universities, vocational schools, and other eligible post-secondary education institutions.Oct 18, 2021
If you did not receive an IRS Form 1098-T, it is for one the following reasons. You were not enrolled in credit courses. You did not earn credit for credit courses that you may have been enrolled in. Your payment was received during another tax year.Apr 16, 2020
Pell grants are not taxable if used for qualified education expenses. It's listed in Box 5 of your 1098-T as an offset to your Box 1 or 2 figures, which are the amount of tuition & fees received/billed by your school.May 31, 2019
You are not required to attach IRS Form 1098-T to your tax return. The IRS Form 1098-T is not like the IRS Form W-2 obtained from your employer, which is required to be attached to the tax return filed with the IRS.
Students who have already graduated or who have withdrawn will still receive a 1098-T if there was any applicable activity in the 2021 calendar year.Feb 3, 2022
If the amount in Box 5 (your scholarships) is GREATER THAN the amount in Box 1 (or Box 2, whichever is filled in on your 1098-T), then you cannot use any expenses to reduce your tax bill. You must report the excess as taxable income on your federal return.