Information Services for the Tuition and Fees Deduction and the Education Credits
ASU cannot provide personal tax advice to students as each student's tax situation depends upon his/her own individual circumstances. Each student and/or their parents must determine eligibility for the tuition and fees deduction or one of the education credits (American Opportunity or lifetime learning credit).
For authoritative information, we recommend that you visit the IRS web site at: www.irs.gov/formspubs/
You can contact the IRS for telephone assistance, including requesting forms and publications, at 1-800-829-1040.
At the IRS web site you can review:
The tax rules regarding eligibility for, calculation of, and limitations on the tuition and fee deduction and education credits can be complex. For this reason, you may want to consult your tax advisor to determine whether you are qualified to claim the education expense tax credits and deduction.
Information for Nonresident Aliens
The Internal Revenue Service (IRS) does not require ASU to file a Form 1098-T for foreign students who are not US residents for tax purposes. This is because non-resident alien students are not eligible for education tax benefits. However, ASU cannot definitively determine which foreign students are residents for tax purposes. Also, the IRS does require ASU to provide a 1098-T to a non-resident alien student who requests one. For these reasons we provide 1098-T forms to all students, including foreign students who may or may not be eligible for an education tax benefit.
If you did not receive an IRS Form 1098-T for the current calendar year, possible explanations are:
You can view your current or prior 1098-T forms online at any time by logging in to My ASU, selecting the "Finances" tab at the top of the page, selecting the "More" option and clicking on the IRS 1098T link. On the next screen, select the year you would like to view by clicking on the link available.
You can view your current or prior 1098-T forms online at any time.
You can view all 1098-T tax forms by logging in to My ASU,selecting the "Finances" tab at the top of the page, selecting the "More" option and clicking on the IRS 1098T link.
On the next screen, select the year you would like to view by clicking the links available.
Box 2 of Form 1098-T reports the qualified tuition and related expenses billed to you during the calendar year. Qualified tuition and related expenses are sometimes referred to as qualified education expenses, although the terms are not always interchangeable. For purposes of the Form 1098-T provided by Arizona State University, the following categories of charges are included or not included in qualified tuition and related expenses:
ASU is choosing to report qualified tuition and related expenses that were billed during the calendar year, rather than the amount that was paid. In general, qualified tuition and related expenses are considered to be billed when you register for classes. The billed amount of tuition and fees reported in box 2 is reduced by the following deductions:
Qualified Tuition and Related Expenses Reduced By:
Additional detailed information regarding the amount reported in box 2 is available by logging in to My ASU. Click on My Finances in the Quick Links box on the left-hand side, then select "IRS 1098-T" in the Helpful Links section on the right-hand side to view qualified tuition and related expenses billed by semester and type of fee. This detailed information is supplemental and is not reported to the IRS.
The amount shown in box 2 for qualified tuition and related expenses billed during the calendar year may represent an amount that is different from the amount actually paid during the calendar year, although for many students the amounts will be the same. Under section 25A of the Internal Revenue Code and the associated regulations, a taxpayer may take a tuition and fee deduction or claim an education tax credit only with respect to qualified tuition and related expenses actually paid during the calendar year. You may not be able to take a tuition and fee deduction or claim an education credit with respect to the entire amount billed and reported in box 2. Please link to the Form 1098-T Supplemental Information page of this web site for directions on how to access supplemental information being provided by ASU regarding qualified tuition and related expenses that were paid during the calendar year.