Access Your 1098-T

The 1098-T is a tax document used to report qualified tuition and related expenses in a given tax year and is provided as a guide in the preparation of your taxes. Its purpose is to assist you in determining your eligibility for an education tax credit on your federal income tax return, in accordance with the Taxpayer Relief Act of 1997. 

You can find an example of a blank 1098-T here.

Box 1. As required by the Internal Revenue Service (IRS), IC reports payments received for qualified tuition and related expenses for a given tax year, ending December 31st. "Qualified tuition and related expenses" refers to tuition and mandatory fees charged within a given tax year. 

Box 2. Is intentionally left blank.

Box 3. Is intentionally left blank.

Box 4. Shows any adjustment made to qualified tuition and related expenses that were reported on a prior year's 1098-T. This may result in an increase in tax liability for the year of the refund.

Box 5. Shows the total of all scholarships or grants administered and processed by the eligible educational institution within a given tax year. 

Box 6. Shows adjustments to scholarships or grants for a prior year. This amount may affect the amount of any allowable tuition and fees deduction or education credit that you claimed for the prior year.

Box 7. Shows whether the amount in box 1 includes amounts for an academic period beginning January-March 2024. See Publication 970 for how to report these amounts.

Box 8. Shows whether you are considered to be carrying at least one-half the normal full-time workload for your course of study at the reporting institution.

Box 9. Shows whether you are considered to be enrolled in a program leading to a graduate degree, graduate-level certificate, or other recognized graduate-level educational credential.

Box 10. Shows the total amount of reimbursements or refunds of qualified tuition and related expenses made by an insurer. The amount of reimbursements or refunds for the calendar year may reduce the amount of any education credit you can claim for the year (may result in an increase in tax liability for the year of the refund).

The instructions above provide several different methods for accessing 1098-T forms. Current students will be able to access forms for the current year and previous years through Homer Connect and Transact. 

Former students who have lost access to Homer Connect will need to create an account with ECSI to access all current and past 1098-T forms. Parents can no longer access 1098T forms through ECSI without an account. The account must be created in the student's name. 

The hard copy of your 1098-T will be mailed to the permanent address on file. You can update that information if necessary using the Registrar's "Update Homer Connect Profile Information" Form (found here). 

IC will issue a 1098-T for all students, including international students, who may or may not be eligible for an education tax benefit. More information on tax status for international students can be found here.