Education Tax Credit
2023 1098-T Tuition Statements are available in ctcLink through the Student Services Center on the Finance tab. If a form is available, a 1098-T hyperlink will be active. Click on it to review 1098-T information. On this page, there is another hyperlink to print a copy of the form.
The message: “1098-T- Student does not have 1098-T data,” means there is no 2023 1098-T. Prior year 1098-T forms are available (through a link on this page). Previous student number (not ctcLink number) and PIN (birthdate: mm/dd/yy) is required.
The most common reason students do not receive a 1098-T form: all qualifying tuition and fees were paid and/or reimbursed by financial aid, scholarships, grants, or third-party payers.
Other reasons students may not receive a form:
- International student or non-citizen
- No SSN on file
- No address on file
- Less than ½ time
For inquiries, please email taxcredit@seattlecolleges.edu
The American opportunity tax credit is a credit for qualified education expenses paid for an eligible student for the first four years of higher education.
The maximum credit per student is $2,500 (100 percent of the first $2,000 and 25 percent of the next $2,000 of qualified education expenses).
The credit is available only for the first four years of the postsecondary education. Find out more details in IRS Publication 17, Charter 35 at www.irs.gov.
Use IRS Form 8863. It is available on the IRS website.
Qualified education expenses include amounts spent on books, supplies, and equipment needed for a course of study, whether or not the materials are purchased from the educational institution as a condition of enrollment or attendance.
The lifetime learning credit is available to students in all years of postsecondary education and for courses to acquire or improve job skills.
Qualified education expenses include only amounts for books, supplies, and equipment required to be paid to the institution as a condition of enrollment or attendance.
Yes, student loans are considered your personal funds; they are not considered financial aid or scholarship money. You are still qualified to claim the tax credit if you meet the requirement.
The tuition and fees deduction is for taxpayers who cannot take the American opportunity or lifetime learning credits because their income is too high. To learn more about the tuition and fees deduction, please see IRS Form 8917.
Contact your loan servicer and request form 1098-E.
2023 1098-T Tuition Statements are available in ctcLink through the Student Services Center on the Finance tab. If a form is available, a 1098-T hyperlink will be active. Click on it to review 1098-T information. On this page, there is another hyperlink to print a copy of the form.
The message: “1098-T- Student does not have 1098-T data,” means there is no 2023 1098-T.
Prior year 1098-T forms ( Tax Year 2020 and earlier) are available at resources.seattlecolleges.edu/1098T.
NOTE: Your previous student number (SID) and PIN is required to access this site. Your ctcLink login credentials will not authentic on this site.
The most common reason students do not receive a 1098-T form: all qualifying tuition and fees were paid and/or reimbursed by financial aid, scholarships, grants, or third-party payers.
Other reasons students may not receive a form:
- International student or non-citizen
- No SSN on file
- No address on file
- Less than 1/2 time
For inquiries, please email: taxcredit@seattlecolleges.edu
If you need corrections to your Form 1098-T for the current year, please contact Seattle Colleges Business Office at taxcredit@seattlecolleges.edu or 206-934-6300. Include your contact information and details of what needs to be corrected. After we review your record, you may request that a corrected Form 1098-T be mailed to you.
Any financial aid or scholarship money not used to pay for tuition or education expenses is taxable income; you may have to report it as income when you file a tax return.
As an international student, am I eligible for the American opportunity or lifetime learning credit?
No. If you are a nonresident student and on visa status at Seattle Colleges, you will not receive a Form 1098-T; you do not qualify for tax credit. To learn more, please see IRS Publication 970.
For further information, please consult with your tax advisor about your eligibility for the education tax credit. www.IRS.gov has helpful information as well.
https://www.irs.gov/forms-pubs/about-form-1098-t