About Education Tax Credits
ECSI provides our 1098-E & 1098-T tax reporting services.
Questions? Please contact ECSI at 866-428-1098.
VIEW or PRINT your 1098-T tax form from ECSI's website: see access link on
OASIS!
USC is required to mail 1098-T and 1098-E tax forms to all students enrolled in Spring, Summer, or Fall terms during a given calendar year, by January 31st of the following year, unless the student has elected to receive their tax forms electronically with email notices when the forms are ready.
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 .
All 1098-T printed forms and notifications have been sent for 2008. You may view and print your 1098-T tax form via the new link on which takes you directly to ECSI! (We changed to ECSI as our service provider for 1098-Ts beginning in 2007).
The Hope Scholarship 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".
Read more about 1098-T's at USC...
Please note that your 1098-T tax forms are available to view and print on-line at www.ecsi.net/1098t . You also have the option to receive your form electronically rather than by mail in the future.
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