The Tax Relief Act of 1997 requires eligible educational institutions to provide a statement to the IRS and to students who enrolled in credit courses and have a reportable transaction during each calendar year. Westminster College provides this information to the IRS electronically and to students on a 1098-T form. Students will receive a copy in the mail and can also access their 1098-T via their my.Westminster/finances, select "1098-T."
The 1098-T provides the amounts billed to you for qualified tuition and fees. The form also reports the amount of grants and scholarships the student receives during the same period. We provide supplemental information on the bottom of the 1098-T to provide students with detailed transactions from their records that do not qualify to be reported on the 1098-T. The supplemental information is NOT furnished to the IRS.
Westminster College does not furnish 1098-T forms if the student is a nonresident alien
Mailing Date: 1098-T’s will be mailed by January 31.
Mailing Address: The 1098-T form will be mailed to your most recent record of home mailing address (that is the address you designate as a legal home permanent address). The addressee is responsible to get the form to the person completing their tax return.