Search  ·  Home    
Student Financial Services
Division of Financial and Business Services

About 1098-Ts at USC

provides our 1098-T tax reporting service.
 
Form 1098-T is available in late January each year. Students requesting electronic delivery will be notified by ECSI as soon as their forms are available online. To have the earliest possible access to your form and eliminate the chance that your form may be lost in the mail, you should authorize electronic delivery by January 15.

To download your form 1098-T:
from the OASIS service on MyUSC, go to the Financial Information menu and click on "1098T (ECSI)".
Or, you may login directly to ECSI at http://www.ecsi.net/1098t
where you will be asked to provide your student ID and email information. The school code for USC is "HT."
For assistance using ECSI, call 866-428-1098.

If you did not choose electronic deliver, please allow 10 business days after January 31st
for your 1098-T to be delivered by mail.
 
If you need a 2013 1098-T and you do not have a valid SSN / ITIN on file with USC:
(BEFORE December 31, 2013)
Provide the correct SSN/ ITIN to the Registrar's Office or submit a Form W-9S to the Registrar's Office.
(AFTER January 1, 2014)
Submit a Form W-9S to the Registrar's Office and click here to email sfo@usc.edu.
Please include your USC-Id in the request to create a 1098-T form for you for the previous year.
 
QUESTIONS about your 1098-T or how to access it online?

 
In late January of each year, USC provides IRS Form *1098-T* to students with qualified tuition and fees or financial aid posted to their student accounts during the calendar year just ended. This form is used to document education tax credits on United States federal income tax returns. Students who choose electronic delivery will not be mailed a copy of the form, but will have online access to it earlier and be able to access it again as needed.

We are required to send this form to all U.S. citizens and permanent residents with qualified transactions.

The majority of international students are *NOT* eligible to claim education expense tax credits on their federal tax forms since, as international students, they do not meet one of these categories:

  • U.S. Citizens
  • Permanent Residents (PR)
  • Married to a citizen or PR
  • Can legally be claimed as a dependent by a U.S. citizen or PR, or
  • Have been in the US long enough to file taxes as a resident for federal tax purposes

If you are an international student, USC will not automatically file a 1098-T on your behalf unless you have an individual taxpayer identification number (ITIN) or social security number (SSN) on your student record by December 31 of the year being reported. If you are an international student and you wish to request a 1098-T, please visit:

For more information about eligibility, please review I.R.S. Publication 970 at http://www.irs.gov/pub/irs-pdf/p970.pdf . USC employees cannot assist you with your specific tax questions, so you should consult with a qualified tax professional if you need assistance.

Tax preparers and agents who are not familiar with the reporting requirements should be referred to IRS Bulletin 2006-72 and IRS Publication 970. Portions of these documents with pertinent text highlighted are available here.

 
1098-T The 1098-T is a statement of qualified tuition and fees and credits (financial assistance) posted to the student account that we provide to the student and to the IRS. Since the 1098-T is intended to assist you in calculating your eligibility for the American Opportunity Tax Credit or the Lifetime Learning Tax Credit, "qualified charges" for this purpose are defined more narrowly than they are for other programs, such as a 529 plan.

To assist you in supplementing your own records, we include a summary of all transactions posted to the student account during the calendar year. We cannot adjust your 1098-T qualified charges to include transactions specifically excluded by the American Opportunity and Lifetime Learning credit programs such as room and board. We also cannot your qualified charges to include transactions that took place in other calendar years. You must use your own records of payments in addition to the information about qualified charges we provide to determine your eligibility for a tax credit in any given calendar year.

In general, qualified tuition and related expenses are tuition and fees required for enrollment or attendance at an eligible educational institution. Student-activity fees and fees for course-related books, supplies, and equipment are included in qualified tuition and related expenses only if the fees must be paid to the institution as a condition of enrollment or attendance.

Qualified tuition and related expenses do not include:

  • the cost of insurance,
  • medical expenses (including student health fees),
  • room and board,
  • transportation or similar personal, living or family expenses, even if the fee must be paid to the institution as a condition of enrollment or attendance.

Qualified tuition and related expenses generally do not include:

  • expenses that relate to any course of instruction or other education that involves sports, games, or hobbies, or
  • any noncredit course.

However, if the course of instruction or other education is part of the student's degree program or, in the case of the lifetime learning credit, is taken by the student to acquire or improve job skills, these expenses can qualify.

In addition to providing student with Form 1098-T, IRS regulations require that all institutions must also file an information return with the IRS for each of these students. We have contracted with a vendor, ECSI, to provide these reporting services for us.

Students: if you did not receive your form or you need another copy, you can view and print your 1098-T tax form via MyUSC. Once you've logged in, select the OASIS service and choose the "Financial Information" page, then click on 1098T (ESCI). This will transfer you to the secure website of our 1098-T service provider, ECSI. Click on "Tax Information" and you will see a list of the 1098-Ts USC has provided, by calendar year. Select the 1098-T you wish to view by clicking on the button to the left of the year (this will already be selected if there is only one year on record for you), and then clicking "View." The 1098-T which you have selected will then be displayed and you may print a copy.

If you have not had a form 1098-T from USC in a previous year, this link will not work until late January, when forms for the year just ended are released. Please contact ECSI directly at 866-428-1098 with any questions.

 
Credit The amount of each credit is determined by the amount paid for qualified tuition and related expenses for students and the amount of the taxpayer's modified adjusted gross income. Education credits are subtracted from your tax but they are nonrefundable. This means if the credits are more than your tax, the excess is not refunded.

The credits are based on qualified tuition and related expenses paid for yourself, your spouse, or a dependent for whom you claim an exemption on your tax return.

 
Report Information Reported

On the 1098-T, we report the name, SSN and address of the student, and indicate whether the student was a graduate student or at least half-time during the calendar year.

Institutions are required to report either the payments received for qualified charges or the amounts billed for qualified charges.

Since USC does not identify payments on your student account with specific charges, it is not possible to accurately report amounts paid just for eligible charges, therefore we have elected to report amounts billed (posted to your student account during the calendar year). If you qualify for an educational credit, you should use your personal records and student account statements to determine the amounts that you actually paid toward the charges reported on the 1098-T.

To assist you in calculating your credit, we provide you with information labelled "Transaction History" below the actual form.  This information is not sent to the IRS. All transactions posted during the calendar year are summarized by type and academic term.  If there is only one type of transaction in a category, you will see specific information.

Transactions for Spring 2013 posted to your student account before January 1, 2013 were included in your 2012 1098-T. These may qualify for a credit in 2013 if you paid them in 2013.

Transactions for Spring 2014 posted to your student account before January 1, 2014, are included in your 2013 1098-T. These may qualify for a credit in 2013 if you paid them in 2013, or in 2014 if you paid them in 2014.

We are required to report all qualified transactions in the actual calendar year during which they were posted to your account, regardless of when you pay them.


Filing

To claim a tax credit, you must file IRS Form 8863 along with your federal income tax return. IRS Publication 970 explains which tuition and fee expenses and which payments qualify for the tax credits. It is your responsibility to determine if you qualify for either tax credit.

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.'

There have been some significant changes to tax credit rules that may benefit you. Please visit http://www.irs.gov/formspubs/content/0,,id=178787,00.html for specifics about these changes.

Tax preparers and agents who are not familiar with the reporting requirements should be referred to IRS Bulletin 2006-72 and IRS Publication 970. Portions of these documents with pertinent text highlighted are available HERE.


Electronic Delivery Students requesting electronic delivery will be notified by ECSI as soon as their forms are available online. To have the earliest possible access to your form and eliminate the chance that your form may be lost in the mail, you should authorize electronic delivery by January 15.
 
To receive an e-notification when your 1098-T is ready and authorize electronic delivery:
  • If you have received a 1098-T in a prior year, go to OASIS and:
    • click on the "1098T (ECSI)" link Under "My Account"
    • then click on "Signup for Electronic Tax Documents"
     
  • If you have never received a 1098-t from USC or if the OASIS link gives you an error message, you may go to the ECSI Website page for electronic delivery sign-up at:
              http://www.ecsi.net/gateway/1098t-signup.html?school=HT
     
    and enter:
           USC-ID:  (your 10-Digit USC-ID)
           Name:   (as found on USC records)
           Email:   (please enter official USC email, ends in '@usc.edu')
 
For either method of signing in, read the information about electronic delivery, and if you agree:
 
  • check the consent box
  • verify your email address
  • click the SUBMIT button
     
If you have difficulty logging in, please contact ECSI directly at 866-428-1098.