Are colleges required to mail 1098 t

In the United States, colleges and universities are required to issue Form 1098-T, Tuition Statement, to students who paid qualified education expenses for the tax year. The purpose of the 1098-T is to help students and their parents claim education credits on their tax returns.

The Internal Revenue Service (IRS) requires colleges and universities to file Form 1098-T with the IRS and provide a copy to students who paid qualified education expenses. The deadline for filing Form 1098-T with the IRS is January 31st of each year, and the deadline for providing a copy to students is also January 31st.

Here are some key points to note:

1. Only qualified education expenses are reported: Colleges and universities only report qualified education expenses, such as tuition, fees, and course materials, that are paid during the tax year.
2. Not all students receive a 1098-T: Students who did not pay qualified education expenses or did not have a qualified tuition program (QTP) will not receive a 1098-T.
3. Colleges and universities are not required to mail 1098-Ts: While colleges and universities are required to file Form 1098-T with the IRS and provide a copy to students, they are not required to mail the form to students. Instead, they may provide the form electronically, such as through a student portal or email.
4. Students can request a 1098-T: If a student does not receive a 1098-T, they can contact their college or university to request a copy. The college or university may require students to provide their Social Security number or other identifying information to verify their identity.

In summary, colleges and universities are required to issue Form 1098-T to students who paid qualified education expenses, but they are not required to mail the form to students. Students who do not receive a 1098-T can contact their college or university to request a copy.