Bursar's Office

IRS Form 1098T Information

IRS Form 1098T is usually available the last week of January each year.  The Bursar's Office will notify students via email when the tax form is available to view and print through MySam.

To view and print your 1098T, simply log onto your MySam>Click on the MyAccount Tab>Then click on the link “View my 1098T”. 

Parents must be set up as an Authorized user to access the 1098T. If a parent or guardian needs the 1098T and is not an authorized user, they must get the tax form from their student. No exceptions can be made in this matter as the 1098T is a federal tax document.  Only the student can set up an individual as an authorized user. This is done through their Student Account Center on the My Account tab of My Sam.

SHSU currently reports BOX 2 to the IRS.  Students or parents must use their personal bank records, receipts provided at the time of payment, or final billing statements provided by SHSU at the end of each semester to calculate the payments they have made.

IRS from 1098T (the information return that colleges and universities are required to issue for purpose of determining a student's eligibility for Hope and Lifetime Learning education tax credits) for Tax Year 2012 is available through MySam.

The following information is found on the irs.gov website and provided for your convenience.

Instructions for Student
You, or the person who can claim you as a dependent, may be able to claim an education credit on Form 1040 or Form 1040A. This statement has been furnished to you by an eligible educational institution in which you are enrolled, or by an insurer who makes reimbursements or refunds of qualified tuition and related expenses to you. This statement may help you claim an education credit.  To see if you qualify for a credit, and for help in calculating the amount of your credit, see Pub. 970, Form 8863, and the Form 1040 or 1040A instructions.

Your institution must include its name, address, and information contact telephone number on
this statement. It may also include contact information for a service provider. Although the filer or the service provider may be able to answer certain questions about the statement, do not contact the filer or the service provider for explanations of the requirements for (and how to figure) any education credit that you may claim.

Student's taxpayer identification number (TIN). For your protection, this form may show only the last four digits of your SSN, ITIN, ATIN, or EIN. However, the issuer has reported your complete TIN to the IRS. Caution: If your TIN is not shown in this box, your school was not able to provide it. Contact your school if you have questions.

Account number. May show an account or other unique number the filer assigned to distinguish your account. Caution: Education credits may only be claimed for qualified tuition and related expenses that were actually paid in 2016.

Institutions may report either payments received during the calendar year in
box 1 or the amounts billed during the calendar year in box 2, and they may change their reporting method as reported in box 3.

Box 1. Shows the total payments received from any source for qualified tuition and related
expenses less any reimbursements or refunds made during the fiscal year that relate to those payments received during the 2016.

Box 2. Shows the total amounts billed in 2016 for qualified tuition and related expenses less any
reductions in charges made during 2016 that relate to those amounts billed during 2016.

Box 3. Shows whether your institution changed its method of reporting for 2016. It has changed its method of reporting if the method (payments received) used for 2016 is different from the reporting method used for 2015 (amounts billed). You should be aware of this change in figuring your education credits.

Box 4. Shows any adjustment made for a prior year for qualified tuition and related expenses that were reported on a prior year Form 1098-T. This amount may reduce any allowable education credit that you claimed for the prior year (may result in an increase in tax liability for the year of the refund). See “recapture” in the index to Pub. 970 to report a reduction in your education credit or tuition and fees deduction.

Box 5. Shows the total of all scholarships, grants, or Hazlewood benefits administered and processed by the eligible educational institution. The amount of scholarships, grants, or Hazlewood for the calendar year (including those not reported by the institution) may reduce the amount of the education credit you claim for the year.
TIP: You may be able to increase the combined value of an education credit and certain educational assistance (including Pell Grants) if the student includes some or all of the educational assistance in income in the year it is received. For details, see Pub. 970.

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. You may have to file an amended income tax return (Form 1040X) for the prior year.

Box 7. Shows whether the amount in box 1 or 2 includes amounts for an academic period beginning January—March 2017. See Pub. 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).

Future developments. For the latest information about developments related to Form 1098-T and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form1098t.