1098-T Information

Each student’s tax liability is subject to various personal factors. Students and parents are encouraged to seek additional information directly from the IRS or a tax adviser. Snow College cannot provide tax related advice or recommendations.

Frequently Asked Questions:

Can I view my 1098-T electronically?

You can access your 1098-T through you Badger Web account.

After logging into Badger Web, click on the “Student” tab, select “Student Records”, select “Tax Notification”, and input the tax year you want.

Why did I get a 1098-T?

The 1098-T is a tax form the College issues to report payments for education-related expenses that could be claimed when completing your taxes. You are encouraged to seek additional information directly from the IRS or your tax adviser to find out how this information may help you.

Why didn’t I receive a 1098-T?

Students who don't receive a 1098-T usually fall into one of the following categories:

The address on file is not current/valid. You can see what address we have on file through your Badger Web portal. To do this, click the BadgerWeb login at the top of the page, click the “Personal Information” tab, and select “View Address(es) and Phone(s).
Your tuition and fees were fully funded by Grants and/or Scholarships.
You may have attended only Spring semester during the calendar year and registered for those classes during Fall of the previous calendar year.

I think the amounts listed are incorrect. What should I do?

Before you assume the information reported on your form is incorrect, it will help to understand how the amounts are calculated. The 1098-T reflects all payments for qualified charges, scholarships and/or grants that applied during the tax/calendar year, not the academic year. For example, registration for Spring 2019 classes opened in Fall 2018; if you registered for Spring classes in October-December, the charges for Spring 2019 would be used to calculate your payments for qualified charges on your 2018 1098-T. The same rule applies to scholarships and grants: Financial Aid for Spring semester is often disbursed at the very end of the previous December; therefore, those funds are reported on the previous year’s 1098-T, not the 1098-T for the year in which the classes were actually attended and completed.

What does the information on the 1098-T mean?

Box 1: Reports payments received from all sources, up to the amount of qualified charges.
Box 2: Reserved
Box 4: If there is an amount in this box, it means that you dropped or added Spring classes in the current tax year that were registered for and reported in the previous tax year.
Box 5: Shows scholarships and grants received or funded during the tax/calendar year, regardless of what semester it applies to.
Box 6: If there is an amount in this box, it means that scholarships and/or grants that funded during the previous tax year were pulled back during the current tax year.
Box 8: Half-time enrollment refers to semesters attended during the tax year. Students who register for Spring 2018 classes prior to year end will have the charges for those classes reported on their 2017 1098-T. However, because they won't actually attend those classes until 2018, the Half-time enrollment box may not be marked.