1098T Questions

1098T General Information

You can view and print your 1098-T form online through MyPace Portal. See the instructions below.

By law, Pace University is required to furnish form 1098-T each tax year to enrolled students who are US citizens or permanent residents. The Taxpayer Relief Act of 1997 (TRA97) established education tax credits for taxpayers. The 1098-T form may assist you in determining eligibility for education tax credits or deductions. More information regarding these credits and deductions is available at the IRS website or by calling 1-800-TAX-FORM. IRS Publication 970, Tax Benefits for Education and IRS Form 8863, Education Credits are particularly helpful.

Pace University cannot provide tax advice. Please refer to relevant IRS forms and publications or consult a tax advisor, not Pace University, for explanations regarding eligibility for and calculations of any allowable tax credits or deductions.

The information that universities are required to provide on Form 1098-T does not necessarily correspond to the information you may need to calculate any education tax credits or deductions for which you may be eligible. Universities are required to report payments received for qualified tuition and related expenses in the calendar year (Box 1).

The IRS requires universities to report on a calendar year, rather than academic year. Therefore, the amount reported in Box 1 includes any amounts billed in calendar year 2020 for January Intersession 2021 or Spring Semester 2021.

The IRS requires universities to reduce the amount of billed charges by any tuition waiver proceeds. If you received any type of tuition waiver during the calendar year, you will see a reduction in the amount reported in Box 1.

Email Student Accounts


Service ID: 2070
Fri 1/28/22 10:39 PM
Fri 10/27/23 5:05 PM