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1098-T

Bursar Department

1098-T REPORTING

IRS regulations require universities to report qualified tuition and related expenses and provide information to each student on a 1098-T form. Universities have the option of reporting qualified tuition and related expenses either as they are billed, or as they are paid. Missouri Southern State University has chosen to report these expenses as they are billed. These expenses appear on the 1098-T form.

In order to comply with IRS regulations, Missouri Southern State University is required to obtain the social security number of each enrolled student. Letters are mailed to students who did not have their social security number on file with MSSU.  An IRS Form W-9S was included with instructions to complete the form and return it to the MSSU Bursar Office, Hearnes Hall Room 105, Joplin, MO 64801. If your student received the letter and form, and it has not been returned, please plan to have the completed W-9S mailed by December 31st of the tax year received. Failure to furnish your correct SSN or ITIN may subject you to an IRS penalty. SSNs and ITINs are maintained confidentially and used only for official business by MSSU.

The 1098-T form will be mailed to the home address on file no later than January 31st. Students can also obtain a copy of the document on their LIONET account.

Any questions not answered below in the FAQ please contact the Bursar's Office at 417-625-9381 or bursar@mssu.edu.

For additional information regarding federal education credits, please refer to IRS Publication 970.

Jump to 1098-T Questions

Electronic delivery of 1098-T Statements

On or before January 31 of each year, students will be able to view, print, and download 1098-T tuition statements electronically. In order to receive your 1098-T form electronically, you must consent to electronic delivery before December 31.

By providing consent to receive your 1098-T Tuition Statement electronically, a paper copy of your 1098-T will no longer be mailed to your address on file.

Follow these steps to review or modify your 1098-T delivery selection:

Please note: If you have already selected online delivery, no action is needed to receive your 1098-T online.

To view, print, and download your 1098-T Tuition Statement online:

  1. Login to your MSSU payment portal account
  2. Click on the "eStatements" tab and select the "1098-T Tax Statement" link

Authorized users may also view your 1098-T statement electronically if you grant permission. To grant your authorized users access to view your 1098-T tuition statement:

  1. Login to your MSSU payment portal account here:  https://www.mssu.edu/paymybill
  2. Click on the "My Account" tab and select "Authorized Users"
  3. Verify the “Yes” is checked for the 1098-T tax statement 

Authorized Users can log into the MSSU payment portal 

Frequently Asked Questions

Why did I receive a 1098-T form from MSSU?

Form 1098-T has been provided to assist in determining if you the individual, or who may claim you as a dependent, are eligible to claim the American Opportunity Tax Credit or Lifetime Learning Credit on the income tax return.

Why didn’t I receive a 1098-T from MSSU?

How is the 1098-T form issued?

1098-T forms are sent in physical form to the billing address on file and made available online through your LIONET account or at www.mssu.edu/paymybill

Is the 1098-T form printed online valid for the IRS?

Absolutely.  The 1098-T form from the MSSU payment portal is an IRS approved substitute.

Who can claim the Lifetime Learning or American Opportunity Tax Credit?

An eligible taxpayer may claim them. An eligible taxpayer may be the student or, if the student is a dependent for federal income tax purposes, the person (e.g., parent) claiming the student as a dependent. A student who is a dependent cannot claim the tax credits or deduction on his or her own tax return.

 Am I eligible for a tax credit?

To determine the correct amount, if any, to enter on your tax return, please consult your tax advisor, your personal expense records. Employees of Missouri Southern State University cannot offer assistance with tax form preparation. Please do not contact the school for that purpose.

The responsibility for individual tax circumstances rests with the taxpayer alone, and of Missouri Southern State University cannot take any responsibility for your interpretation of this information.

Why isn’t there an amount in box 1 on the 1098-T form?

Institutions may elect to report either the aggregate amount of payments received for qualified tuition and related expenses (box 1) or the aggregate amount billed for qualified tuition and related expenses (box 2) during the calendar year with respect to individuals enrolled for any academic period. Missouri Southern State University provides amounts billed (box 2) on 1098-T forms. This is Missouri Southern State University policy and is not determined on a case-by-case basis.

I registered in November for spring classes. Is that amount reflected on my 1098-T?

Yes.  Your 1098-T will report any amount invoiced to your account from January 1 to December 31 of the tax year, not the amount paid.  Box 7 will be checked on your form showing that your amount in Box 2 includes amounts for terms beginning in the first 3 months of the next year

What educational expenses are considered as qualified tuition and related expenses?

Qualified tuition and related expenses are tuition and fees required for enrollment or attendance at an eligible educational institution that were paid on or after January 1 and on or before December 31 of the tax year. They do not include room and board, student activities, athletics (unless the course is part of the degree program), insurance, health services, equipment, transportation, or other similar personal, living or family expenses.

I paid my tuition and related expenses with student loans. Can I still claim a tax credit?

Yes. Loan funds should be considered in the same manner as cash payments when calculating the Lifetime Learning Credit or the American Opportunity Tax Credit. However, scholarships, grants, or other non-taxable aid must be deducted from the amount of qualified tuition and related expenses paid.

What is considered a Scholarship or Grant in Box 5 on my 1098-T?

Scholarships and grants generally include all payments received from 3rd parties (excluding family members and loan proceeds). This includes payments received from governmental and private entities such as the Department of Defense, civic, and religious organizations, and nonprofit entities. See the IRS Publication 970 for specific instruction for form 1098-T.

What do the amounts located on the 1098-T form represent?

Box 2 represents the amount of qualified invoiced tuition and expenses for calendar dates January 1 through December 31.

Box 4 represents the total of any negative charges on your student account which relate to amounts billed on the prior year 1098-T.

Box 5 represents the total of all scholarships or grants administered and processed by the eligible educational institution. The amount of scholarships or grants for the calendar year (including those not reported by the institution) may reduce the amount of any allowable tuition and fees deduction or the education credit you may claim for the year.

Box 6 represents the total of any reduction to the amount of scholarships or grants that were reported on the prior year 1098-T.

Box 7 is checked only if the student has been billed prior to December 31 for any qualified tuition for the spring semester.

Box 8 is only checked if you have been a half time student (6 credit hours) for at least one academic period that began during the calendar year.

Box 9 is checked if you are a graduate student or enrolled in a program or programs leading to a graduate-level degree, graduate level certificate, or other recognized graduate-level educational credential.

1098-T Information for International Students

Do I need a Form 1098T? 

For most international students, the answer is no.  However, that depends on whether you are a US citizen or a nonresident alien for US tax purposes.   Missouri Southern State University makes the form available to all US citizens as required by law. Please note that if you are a non-resident alien student and do not have U.S. source income (U.S. scholarships, awards, waivers etc.) that is subject to tax, the University is exempt from issuing a Form 1098-T to you.

Can I still receive a 1098-T form even if I am a nonresident alien? 

Yes you may request a copy of the 1098-T form, but be advised that the receipt of this form does not indicate that for tax purposes you are eligible for any education-related benefits.  If you file your tax return on Form 1040NR or Form 1040NR-EZ, you are not eligible to claim those tax benefits.

How do I know whether I am an eligible person for tax purposes? 

You are eligible for tax purposes if you are a US citizen, a Permanent Resident (“green card” holder), or a resident alien for tax purposes, by virtue of passing the Substantial Presence test for the year.  Otherwise, you are a nonresident alien for tax purposes.   More information is available in the IRS Publication 519 (US Tax Guide for Aliens).  Most F-1 and J-1 students are nonresident aliens for tax purposes and will not need the 1098-T form.

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