Every year, American University must furnish 1098-T forms to all eligible students, per IRS regulations.
The IRS allows universities to report either Payments Received (Box 1 on the 1098-T) or Amounts Billed (Box 2 on the 1098-T). Like most schools, the university has elects to report the amounts billed (qualified tuition and related expenses) to the student for the tax year.
No amounts will be reported in Box 1 of the 1098-T.
If the student had pre-registered for the current Spring semester in the Fall semester of the last calendar year, the related charges will be included in Box 2 of the 1098-T. For example, if the student had pre-registered for Spring 2015 classes in the Fall 2014 semester those charges will be reflected as part of the Box 2 amount in the student's 2014 1098-T. Additionally, if the student had pre-registered for Spring 2014 classes in the Fall 2013 semester, those charges would not be reflected as part of the Box 2 amount in the student's 2014 1098-T.
Box 2 of the 1098-T includes all qualified items that were actually billed during the 2014 calendar year.
Information will be reported in Boxes 2 through 10 of the 1098-T only if they pertained to the student during the 2014 calendar year.
All questions regarding Education Tax Credits must be addressed to a tax professional or the IRS at www.irs.gov.
The university is prohibited from offering any tax advice.
Please verify that correct Social Security Number(SSN) appears on your 1098-T form and will be submitted to IRS. If any changes need to be made to your SSN please contact AU Central at firstname.lastname@example.org.
Any questions regarding amounts posted in Boxes 2 through 10 on the 1098-T, or request for copies of billing statements can be addressed by sending an e-mail from the students AU-assigned e-mail address to email@example.com, or contact us by phone at (202) 885-8000.
Current students who have given consent on " 1098 Electronic Consent" form can find 2014 1098-T form on the Finances page of the AU portal look for the personalized link called "1098T View My Forms".
Electronic Consent is required to view 1098-T tax information online.
Paper 2014 1098-T forms will be mailed out to students who are not consenting on or before February 2, 2015
Students no longer attending the university who require an additional copy of their 1098-T will need to send a written request for information, including semesters (if requesting a billing statement), a signature, and a copy of a government issued picture ID. This request can be faxed to AU Central at (202) 885-8010 or via e-mail with a scanned copy of the ID to firstname.lastname@example.org. The processing time for these request is 7 business days.