The Form 1098-T is used by eligible educational institutions to report information about their students to the IRS as required by the Taxpayer Relief Act of 1997. Eligible educational institutions are required to submit the student's name, address, taxpayer's identification number (TIN), enrollment status, amounts paid pertaining to qualified tuition and related expenses billed within the year, and scholarships and/or grants, taxable or not. A 1098-T form must be provided to each applicable student. Weatherford College reports 1098-T information to IRS.
IRS requires forms be mailed out by January 31 of each year. You can also access online through the 1098tforms.com website after January 31.
In January of each year, the IRS Form 1098-T is made available to you if you've paid qualified tuition and other related educational expenses during the previous calendar year. The amount paid will be limited based on the amount of qualified tuition and other related expenses billed within the same year. For more information regarding qualified tuition, please refer to your tax professional or the IRS webpage.
This form is informational only and should not be considered as tax opinion or advice. It serves to alert you that you may be eligible for federal income tax education credits. Receipt of Form 1098-T does not indicate eligibility for the tax credit.
The dollar figures provided on the 1098-T form are determined by reviewing the institutional record of payments, billings and credits for calendar year.
For more tax information, consult your tax professional or refer to the IRS webpage.
1-800-829-1040
All forms are mailed in January to the address on the student account. You can download a copy after creating an account on the 1098tforms.com website
It would be a violation of The Family Educational Rights and Privacy Act for Weatherford College to email 1098-T forms.
If you need help with accessing your 1098-T form online, contact Herring Bank at 844-689-3824 (leave a message), the third party who produces and mails Weatherford College 1098-T forms.
If you have questions regarding the amount on your 1098-T form, contact Weatherford College Business Office at 817-598-6265. We can only speak to a student regarding 1098-T information unless the student has elected a contact through a Family Educational Rights and Privacy Act (FERPA) that gives authorization to release details of student information.
The student Tax Identification Number (TIN), most commonly the social security number, is required by the IRS to submit a 1098-T. You will not receive a 1098-T form without a TIN number.
The total on your 1098-Tform does not represent terms in that tax year, but when the payments were made. Payments made during the tax year will be included. Contact the Weatherford College business office at 817-598-6265 to verify the total.
Yes, your payments made in the tax year will be reflected on a 1098-T form.