Question
I can log in to student self service in Student Links, however, when trying to download my 1098-T form, no form is available for the year needed. How do I find my 1098-T?
Answer
If a 1098-T form is NOT available on Self Service, there may be several reasons that a 1098-T was not generated for a student:
- Student did not have tuition charges or payments in the calendar year.
- Student did not have an address in Colleague (Student Information System) at the time the 1098-Ts were generated. The student would need to update the address, and then contact Student Financial Services at 531-622-2715 to generate a 1098-T.
- Student's information in Box 1 (qualified tuition and related expenses paid during the calendar year) and Box 5 (financial aid, agency billing, tuition remission, etc.) were equal and netted to a zero amount.
- Student is an international student and did not provide MCC with a social security number. If you are an international student and do have a social security number, contact Student Financial Services at 531-622-2785 to generate a 1098-T.
To view/print a copy of the IRS 1098-T form, open your browser and go to https://www2.mccneb.edu/student-extranet. Click on Self Service, enter your MCC user name and password, select Tax Information, and then the 1098 Information tab to view the actual IRS form. Your browser’s print function can then be used to print the form.
If you have further questions about the 1098T form for the calendar year, you may stop at the Student Services counter at any campus or the Student Accounts Office located in Building #30 at the Fort Omaha Campus or contact MCC's Student Accounts Office at 531-622-2405.
GENERAL INFORMATION ABOUT THE 1098-T FORM
The 1098-T form may be used to verify that you are eligible to claim one of the tax credits described below. MCC is required to send a copy of this form to the Internal Revenue Service in order to notify them of your potential eligibility to claim the credit.
Box 1 is filled beginning with the 2018 calendar year. In Box 1 on the 1098-T form, MCC has reported the qualified tuition and related expenses that have been paid during the calendar year. It is the student’s responsibility, with the help of their tax adviser, to determine the amount that should be reported on Form 8863.
The American Opportunity Credit is a refundable tax credit for undergraduate college expenses. It is a tax credit of up to $2,500 of the cost of tuition, fees, and course materials paid during the taxable year as long as the student attended college at least half-time (Box 8). Taxpayers will receive a tax credit based on 100 percent of the first $2,000, plus 25 percent of the next $2,000, paid during the taxable year for tuition, fees, and course materials. Required course materials, books and school supplies are an eligible expense for this credit only. You may add the expenses you incurred for this credit only. See IRS Pub 970 and/or your tax adviser for other criteria.
The Lifetime Learning Credit applies to tuition and fees for all post secondary education and for courses to acquire or improve job skills. A family can claim on its tax return a credit equal to 20% of the first $10,000 of adjusted qualified education expenses. The maximum Lifetime Learning Credit you can claim on your return for the year is $2,000. There is no limit on the number of years the Lifetime Learning Credit can be claimed for each student.
Metropolitan Community College does not provide tax advice to any taxpayer or student. Please consult your tax adviser for assistance. Additional information can be obtained by calling the IRS at 1-800-829-1040, or by accessing their web site at www.irs.gov. Publication 970, "Tax Benefits for Higher Education," explains the provisions of each credit in detail.