Tax Information

U.S. 税收优惠和1098-T表格

好的赌博软件推荐 reports required tax information about students billed for at least one credit hour in any academic quarter of a tax year to the IRS annually. We report the amount of payments received for the tax year and provide the IRS Tax Form 1098-T as required by the 1997年的纳税人救济法案 作为这个过程的一部分. This tax form can be used by you or your tax preparer to calculate your eligibility for tax credits and deductions for the IRS tax filing year reported on the form. 1098-T forms are mailed to students for the prior calendar year on or before January 31 of the following year, 也可以通过你的 Banner自助服务帐户.

Accessing your 1098-T form through Banner is the fastest way to receive this form's information! You can find this in Banner by going to Student Menu -> Student Account Menu -> 1098-T Tax Information.

Seattle Pacific University does not provide tax advice or help related to tax credits or how to claim the credit. Contact your tax adviser or the IRS for questions about the 终身学习学分 or American Opportunity Credit.

Visit the IRS 教育税收优惠:信息中心 了解更多信息.

阅读1098-T 



Box 1

Total amount of qualified tuition and related expenses (QTRE) you paid in the listed calendar (tax) year, less any refunds you received that year.

Box 2

好的赌博软件推荐目前没有报道. The amount here can be calculated by using account activity and/or statements listed in your Banner account (found in Student Menu -> Student Account Menu -> View Invoices and Pay Online) to the total billed 相关纳税年度的费用.

Tuition and fees, such as lab, matriculation, study abroad, lesson, nursing, 或博士学位费用是合格费用的例子. 根据联邦法规, room, board, insurance, transportation, 不直接记帐的费用(帐款), supplies, equipment), or other personal expenses cannot be included as Qualified Expenses. Please refer to IRS第970号出版物 and IRS Form 8863 计算你的资格和/或学分.

Box 3

不适用于好的赌博软件推荐.

Box 4

Reflects adjustments made to the tax year prior to the one being reported on the form.

Box 5

Reflects scholarships and/or grants posted to the student's 好的赌博软件推荐 student account in the tax year being reported as payment toward the cost of attendance. 包括联邦政府, state, institutional, and/or private scholarships and grants that were posted on the student's account.

If the student received and used a state and/or private scholarship/grant check for the payment of the cost of attendance without posting it directly to the student's account, this amount will need to be added to the amount reported in Box 5.

Box 6

Reflects the adjustments in the year being reported to scholarships and/or grants from the prior tax year.

Box 7

Is checked if any of the expenses reported in Box 1 relate to an academic period that begins in January-March of the year following the tax year being reported on this form (ex., January-March 2023 if this form is reporting information for the 2022 tax year).

Box 8

Is checked if the student was enrolled at half-time status or greater (6+ credits if undergraduate, 3+(如果毕业).

Box 9

Is checked if the student was a graduate student in the year being reported.

Box 10

Is not applicable and not used by eligible higher education institutions.

Tax Credits 

美国机会信贷

The 美国机会信贷 is a tax credit for qualified education expenses paid for an eligible student, of up to $2,每名合资格学生500英镑. The student may be you, your spouse, or your dependent(s). If you take this credit, you may not also claim the 终身学习学分.

终身学习学分

The 终身学习学分 is a tax credit for anyone who takes college classes. It provides a tax credit of up to $2,000 on the first $10,000 of college tuition and fees.

You can claim the 终身学习学分 on your tax return if you, your spouse, or your dependent is enrolled at an eligible educational institution and you were responsible for paying college expenses. 你不需要注册至少一半的时间. Even if you took only one class, you may take advantage of the Lifetime Learning Credit.

Tax Deductions 

学杂费减税

You may be able to deduct qualified education expenses paid during the year for yourself, your spouse, 或你的受抚养人. The tuition and fees deduction can reduce the amount of your income subject to tax by up to $4,000.

学生贷款利息扣除

Student loan interest is interest you paid during the year on a qualified student loan. It includes both required and voluntary interest payments. You can reduce your income subject to tax by up to $2,500. Your federal loan servicers will provide tax form 1098-E to the IRS and to you with information relevant to this deduction. 如果您不确定您的联邦贷款服务机构是谁, you can find out that information by logging on to your FSA account at StudentAid.gov.

走读生,班.S. 公民报告 

好的赌博软件推荐 will provide the federal United States tax form 1042-S to all nonresident, 非美国公民在3月15日之前. Form 1042-S is used to report income paid to a nonresident, non-US citizen regardless of whether the payment is taxable. 它可以用来申报税收协定规定的免税工资, 作为独立承包人的工资, royalties, 以及奖学金或助学金. 收到1042-S表格的学生也可能收到W-2表格, but not all those who receive a W-2 may necessarily receive a 1042-S.

Eric Johnson

埃里克上大学的钱是怎么付的

“When it was clear to my parents that I wanted to pursue music, they supported me 100 percent. Money was tight, but my parents would save up so I could have an instrument and travel with my high school band.”

FAFSA Overview