Education Tax Credits
1098-T – Tuition Statement
Kansas State University is required annually to furnish a Form 1098-T Tuition Statement, which reports qualified tuition and related expenses associated with enrollment at K-State. We provide this information to you and then report the information to the Internal Revenue Service in compliance with federal regulations.
Changes for Tax Year 2018 – IMPORTANT!!!
The Internal Revenue Service (IRS) has modified the Institutional reporting requirements for the Tax Year 2018. The University will now report in Box 1 the amount of payments for Qualified Tuition and Related Expenses PAID during the calendar year 2018.
Tax Form Details
Box 1 - Payments will now be reported in Box 1 for transactions during the calendar year 2018. The reported payments will be from any source received by the University for Qualified Tuition and Related Expenses (QTRE) less any refunds or reimbursements that relate to those payments. Sources may include personal payments from any source (parents, grandparents, or non-related party, etc.), scholarships, grants, sponsorships, up to and including all QTRE that were outstanding at the time of the payment. Amounts included in Box 1 will not necessarily equal charges paid during the calendar year, as QTRE excludes parking permits and fines, Housing and related fees, library fines, athletic tickets and other various fees. Additionally, it may include payments for QTRE from prior calendar years if paid within calendar year 2018.
Box 2 – Box 2 will not be used for calendar year 2018.
Box 3 – Box 3 will be checked, as the University changed its reporting method in 2018 as per IRS requirements.
Box 4 – For calendar year 2018, Box 4 will report any reductions of charges made for qualified tuition and related expenses made during calendar year 2018.
Box 5 – This will include the total of all scholarships, grants, sponsorship and waivers administered by the University during the calendar year. It will include ALL types of gift money, whether or not they paid a QTRE or not. Box 5 will include all grants and scholarships without regard as to whether the proceeds went to pay QTRE, non-qualified institutional charges such as room and board, etc., or were disbursed to the student to cover off campus expenses.
Box 6 – The amount of any adjustments for a prior year for scholarships, grants and fee waivers.
Box 7 – Will be checked if the amount in Box 1 includes payment amounts for an academic period beginning January 2019 – March 2019. So, if Spring 2019 QTRE is assessed in 2018 and is then paid in 2018, the box will be checked.
Box 8 – Indicates whether you are considered to be carrying at least one-half the normal full-time workload for your study at KSU. The IRS needs this reported to determine if you meet one of the requirements for the Hope credit. You do not have to meet the workload requirement for the lifetime learning credit.
Box 9 – Indicates whether you are considered to be enrolled in a program leading to a graduate degree, certificate or credential. If you are enrolled in a graduate program, you are not eligible for the Hope credit, but you may qualify for the tuition and fees deduction or the lifetime learning credit.
Box 10 – Will always be blank on any form you receive from Kansas State University.
Frequently Asked Questions
How do I receive a copy of Form 1098-T?
1. Online Access through KSIS - Students can grant authorization to receive their 1098T online through KSIS. Students should go to the Student Homepage in KSIS and select the Financial Account tile. In the sidebar menu, select the Account Services folder and then click on View 1098-T. Click on the Grant Consent button on the page and follow the instructions to grant your consent to view your information online as soon as they are available, on or around January 8th, 2019. When the form is available, it will be available to print immediately from within KSIS.
2. Mailed 1098T - Students may also choose not to grant consent for electronic delivery. If so they will receive a paper copy of their 1098T delivered to the Student's KSIS Permanent address. Paper 1098T's will be mailed on or before January 31, 2019. After KSU has fulfilled its obligation to mail the required 1098T, electronic online access will be available to all students.
Parents whose students have set them up with Designated Access will have access to view their students' 1098T online in their Designee Center AFTER that student has granted electronic delivery or after 1098T's have been mailed as required.
3. I don’t have access to KSIS, the online student account. How can I regain access?
Periodic password changes are required to continue access within KSIS. If you wish to reset your password to continue your access, please contact the IT Help Desk at (785)532-7722.
4. Where can I get a listing of payments made to K-State?
In the same section where you review your 1098-T is a link saying “3. View Transaction Detail”. Your payments as well as other transactions that make up your 1098-T are viewable from that link by calendar year.
5. Since I received a Form 1098-T from K-State, am I qualified for one of the education tax credits?
K-State cannot provide tax advice, so please contact your tax accountant or advisor or the IRS.
6. Why is there an amount in Box 1 and Box 2 is blank for 2018?
Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, the University will report in Box 1 the amount of payments received for qualified tuition and related expenses paid during the calendar (tax year) 2018. We will not report assessed tuition.
7.As the parent, I need the 1098-T. How can I get that form?
If your student has set you up with Designated Access, then you can view and/or print within the Designee Center. If your student hasn’t set you up with Designated Access, follow this link to get additional information. It makes doing business at K-State much easier! If not, you will need to work with your student to get the necessary forms and information. They can log into their student account and print the necessary forms and backup documentation.
8. Why don’t I have a Form 1098-T?
Here are several reasons a 1098-T will not be generated:
a) When scholarships, grants and sponsorships equal or exceed qualified tuition and fees.
b) Student is a Non-Resident Alien for tax filing purposes. We are not required to file a 1098-T for these students as most will not need it. If you are a Non-Resident International Student and would like us to generate one, contact us prior to March 15, 2019. The 1098-T is only required for those students filing as residents.
c) There was no payment of qualified tuition and fees during the calendar tax year.
Additional Questions? Please see…
Contact your Tax Advisor or the IRS