About Education Tax Credits
ECSI provides our 1098-E & 1098-T tax reporting services.
Questions?
Please contact ECSI at 866-428-1098.
2011 1098-T documents are available online from OASIS!
USC is required to provide 1098-E tax forms to students with loan interest paid to USC during the calendar year just ended, and 1098-T forms to students with qualified charges or qualified aid posted during the calendar year just ended, by January 31st of the following year. Forms will be mailed unless the student has elected to receive their tax forms electronically, with email notices from our service provider ECSI sent to official USC email addresses (ending in '@usc.edu') when the forms are ready.
SUMMARY: Under the 1997 Taxpayer Relief Act, beginning January 1, 1998, taxpayers who have taken loans to pay the cost of attending an eligible educational institution for themselves, their spouses or their dependents, may be eligible to deduct interest they have paid on these student loans.
No USC employee may give tax advice regarding these credits. If you are unsure about your eligibility, please consult with a qualified tax preparer.
For information about eligibility and filing for the credits, please refer to IRS Publication #970: 'Tax Benefits for Higher Education.' Additional publications and forms are available at: http://www.irs.gov/formspubs/index.html .
Read more about 1098-E's at USC...
Please note that your 1098-E tax forms will be available to view and print on-line at www.ecsi.net/1098e .
SUMMARY: The Hope Scholarship, American Opportunity, and the Lifetime Learning credits are available to qualified persons who pay higher education costs. The amount of each credit is determined by the amount you pay for qualified tuition and related expenses for students and the amount of your modified adjusted gross income.
No USC employee may give tax advice regarding these credits. If you are unsure about your eligibility, please consult with a qualified tax preparer.
For information about eligibility and filing for the credits, please refer to IRS Publication #970: 'Tax Benefits for Higher Education.' Additional publications and forms are available at: http://www.irs.gov/formspubs/index.html . You may also wish to review IRS Publication "7.4 Child Care Credit/Other Credits: Hope & Life Time Learning Educational Credits".
Click here to read more about 1098-Ts at USC...
VIEW or PRINT your 1098-T tax form from ECSI's website: use the "1098T (ECSI)" link on the "Financial Information" menu on OASIS!
IRS Information about Educational Tax Credits
The IRS has an online FAQ Tax Questions & Answers webpage which you may also wish to review. Be sure to see the section about "Child Care Credit/Other Credits: Hope & Life Time Learning Educational Credits".
Link: IRS Links & Publications website
See also:
- Submit a request for an account itemization or listing of transactions for a specified date range. Please note that account itemizations are emailed to student's official '@usc.edu' email address. Click to Request an itemization of transactions on your student account.