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1098-T Frequently Asked Questions

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Frequently Asked Questions About the 1098-T Tax Form

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1098-Ts are available electronically!

Launch a web browser and go to http://tra.vangent.com (note: Internet Explorer 9 users may need to use “Compatibility View”)

  • Click the “First Time Students” Button.
  • Enter your full First and Last names and the last 5 digits of your Social Security Number.
  • Click Submit.
  • If records are present for you, you will be instructed to create an account. Follow the instructions on the website to create a free account and retrieve your 1098-T. If records are not found for you or you have difficulty creating account, use the “Help” link in the left menu.

Remember, by acknowledging that you are receiving this form electronically, a hard copy for will not be mailed to you. However, you can go to the website as often as needed to retrieve a copy.


What is the 1098-T form?

The 1098-T form is used by eligible educational institutions to report information about their students to the IRS as required by the Taxpayer Relief Act of 1997. Eligible educational institutions are required to submit the student’s name, address, and taxpayer’s identification number (TIN), enrollment and academic status. Beginning with 2003, educational institutions must also report amounts to the IRS pertaining to qualified tuition and related expenses, as well as scholarships and/or grants, taxable or not. A 1098-T form must also be provided to each applicable student. This form is informational only. It serves to alert students that they may be eligible for federal income tax education credits. It should not be considered as tax opinion or advice. While it is a good starting point, the 1098-T, as designed and regulated by the IRS, does not contain all of the information needed to claim a tax credit. There is no IRS requirement that you must claim the tuition and fees deduction or an education credit. Claiming education tax benefits is a voluntary decision for those who may qualify.

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Why did I receive a 1098-T and what am I supposed to do with it?

In January of each year, Florida Gateway College makes available an IRS Form 1098-T to all students who had qualified tuition and other related educational expenses billed to them during the previous calendar year. This form is informational only and should not be considered as tax opinion or advice. It serves to alert students that they may be eligible for federal income tax education credits. Receipt of Form 1098-T does not indicate eligibility for the tax credit. To determine the amount of qualified tuition and fees paid, and the amount of scholarships and grants received, a taxpayer should use their own financial records.

NOTE:
It is up to each taxpayer to determine eligibility for the credits and how to calculate them.

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Did you send a copy of this form to the IRS?

Yes. Section 6050S of the Internal Revenue Code, as enacted by the Taxpayer Relief Act of 1997, requires institutions to file information returns to assist taxpayers and the Internal Revenue Service in determining eligibility for the education tax credits.

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Why isn’t there an amount in box 1?

The IRS instructs institutions to report either payments received (Box 1) or amounts billed for qualified tuition and related expenses (Box 2) on the 1098-T. Once an institution has selected one of these options, they cannot change reporting methods between calendar years without IRS permission. FGC reports qualified tuition and related expenses that were billed during the tax year (Box 2) and scholarships and grants, therefore, Box 1 – Payments Received for Qualified Tuition and Related Expenses, will be blank.

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What other information do I need to claim the tax credit?

While it is a good starting point, the 1098-T, as designed and regulated by the IRS, does not contain all of the information needed to claim a tax credit. Most of the information needed must come from the student’s personal financial records of what the student paid during the calendar year. Additionally, each taxpayer and his or her tax advisor must make the final determination of qualifying expenses.

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My address listed on the 1098-T has changed. Will this affect me?

No. The address shown on Form 1098-T is irrelevant for IRS income tax filing purposes. The single most important information on the form is your Social Security Number. Please call (386) 754-4234 if the SSN on your 1098-T is incorrect. If your address in incorrect, please log in to myfgc.edu to update your address information.

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How do I get a reprint of my 1098-T form?

If you did not receive a 1098-T due to a change of address, or you misplaced the form, you can print a duplicate. For printing instructions please follow the instructions on http://tra.vangent.com follow the first time user’s registration instructions. Please be advised that FGC will not mail any duplicates.

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What is FGC’s Tax Identification Number?

Florida Gateway College’s Federal Identification Number is 59-0971286. This number can also be found on the 1098-T form in the middle left section.

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What if I still have questions?

If you have additional questions/concerns you can reach us

Note:
Please be advised that Florida Gateway College is prohibited from providing legal, tax, or accounting advice to students and we are not responsible for any use you make of this information.

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1098-Ts are available electronically!

  • Launch a web browser and go to http://tra.vangent.com (note: Internet Explorer 9 users may need to use “Compatibility View”)
  • Click the “First Time Students” Button.
  • Enter your full First and Last names and the last 5 digits of your Social Security Number.
  • Click Submit.
  • If records are present for you, you will be instructed to create an account. Follow the instructions on the website to create a free account and retrieve your 1098-T. If records are not found for you or you have difficulty creating account, use the “Help” link in the left menu.

Remember, by acknowledging that you are receiving this form electronically, a hard copy for will not be mailed to you. However, you can go to the website as often as needed to retrieve a copy.