Tax Information (1098-T)
Your Tuition Statement, Form 1098-T, may be accessed online through Fish 'R' Net.
Your Tuition Statement, Form 1098-T, may be accessed online through Fish 'R' Net under the Payment & Billing Information section. Students will need to provide this information to parents if necessary, as authorized payers do not have electronic access to the 1098-T form.
In previous years, your 1098-T (Tuition Statement) included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) we billed to your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE you paid during the year. It is important to know that Box 1 cannot exceed the amount of qualified tuition and related expenses we billed you during the year. Example: Most students were billed for Spring 2018 in December 2017. Although payments were likely made in 2018, these charges are not taken into consideration for the 2018 tax year.
Depending on your income (or your family’s income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in IRS Publication 970 [pdf], page 9.)
Please note that St. John Fisher College is unable to provide you with any tax advice or instructions on how to complete your tax forms. Should you have questions or need assistance in completing Form 8863 or any other forms for your taxes, you should contact an informed tax preparer or tax adviser. Please do not contact St. John Fisher College with questions about how form 1098-T can be used to complete your taxes or with any other tax questions as we will not be able to assist you with those questions.
- IRS Tax Information for Students
- Tax Benefits for Education, IRS Publication 970 [pdf]
- Education Credits, IRS Form 8863 [pdf]
- IRS Information regarding Form 1098-T [pdf]
View Your Form 1098-T Online:
- Log in to Fish 'R' Net
- Click on Payment & Billing Information
- Click on 1098-T Form
- Enter the tax year and click Submit
- View the Supplemental Information at the bottom for additional information