The 1098T form is used to report information to you and to the IRS as required by the Taxpayer Relief Act of 1997. We are required to submit general student enrollment information and financial data for the corresponding calendar tax year. The information we include is student name, address, social security number or tax identification number, enrollment status, and academic status. We also report the amount that we billed you during the calendar year for qualified tuition. We further report any scholarship or grant amounts, and, if applicable, adjustments to prior year qualified tuition and/or adjustments to prior year scholarships. For more information about the 1098T, review https://www.irs.gov/pub/irs-pdf/i1098et.pdf.
For information about educational tax credit eligibility, please review https://www.irs.gov/uac/Am-I-Eligible-to-Claim-an-Education-Credit%3F. KGI employees cannot assist you with your specific tax questions, so you should consult with a qualified tax professional if you need assistance.