Tax Notification 1098-T
- If prompted, log in with your MGCCC email and password.
Forgot Password? Try Password Recovery or visit the IT Helpdesk. - Select the Tax Year from the dropdown to view your 1098-T.
- Click the print icon for print and download options.
- Select Form 1098-T or Form 1098-T and Supplemental Information section.
- Click the Print button.
- Print or download the PDF file.
1098-T Box Explanation
- Box 1
- Payments received up to the total amount charged for (QTRE) Qualified Tuition and Related Expenses. (Tuition and Registration, Technology, Lab, Career & Technical, Online and Resource fees) This includes the total amount of ALL payments received for QTRE from all sources during the calendar year including scholarships and grants, which are also reported again in Box 5. Net payments are all payments minus any refunds.
- Box 2
- Empty – As of 2018, federal regulations require that institutions report amounts paid (Box 1) versus amounts billed (Box 2)
- Box 3
- Empty – MGCCC did not change reporting methods this year
- Box 4
- Adjustments the school has made to qualified expenses reported on a previous year’s 1098-T
- Box 5
- The amount of scholarships and grants that were paid directly to the school for the student’s expenses during the calendar year. This box should not include Loans or MPACT.
- Box 6
- Any reduction to scholarships for a previous calendar year
- Box 7
- Should be checked if there is an amount in box 1 that includes expenses for an academic term that begins in the first months of the year following the year covered by the 1098-T.
- Box 8
- This box indicates if the student was at least half time during any semester.
- Box 9
- Empty – MGCCC does not offer graduate courses.
- Box 10
- Empty – MGCCC does not populate this box.
Additional Information and FAQ
Yes, it is an IRS reporting requirement that educational institutions file 1098-T information. MGCCC sends an electronic form to the IRS according to their schedule.
The 1098-T is not required as an attachment on tax return forms. The 1098-T is for informational purposes only. It does not contain all of the information needed to determine the student’s eligibility for a tax credit nor does it include all educational expenses and payments to MGCCC. For guidance, please consult your tax preparer or visit the IRS website for education credit info.
- If no payments were posted that applied to qualified charges in the tax year.
- If financial aid (grants, scholarships, military educational benefits) covered all your qualified expenses
- If a third party paid your charges in full or submitted payment directly to the College on your behalf. (Dual Credit)
Amount of payments paid by you for qualified tuition and related expenses. This amount will be less any reimbursements or refunds for payments received for qualified tuition and related expenses during the same calendar year. This amount will not be reduced by scholarships and grants reported in box 5.
Examples of ‘qualified tuition and related expenses’ include the following:
- Tuition and fees for courses that lead to a degree, certificate or other recognized educational credential
- Registration fees
- Instructional course fees required for enrollment
- Resource fees
Examples of ‘non-qualifying expenses’ include the following:
- Tuition and fees for non-credit courses
- Late fees
- Housing fees
- Meal plans
- Book charges that are not part of resource fees
- Equipment needed for a course of study
- Transportation costs
- Box 1 includes payments received from ALL sources, including financial aid and third-party sponsors.
- Box 1 only includes payments toward qualified tuition and related expenses. Although there may be a payment for housing, meal plans, late fees, etc. those payments cannot be included in Box 1. (See above for ‘non-qualifying expenses’)
- Box 1 includes payments posted to your account only during the calendar year being reported. For example, payments made in 2022 for spring 2023 cannot be reported in 2023. Box 7 will be checked should these charges be included in Box 1.
Example of included scholarships and grants:
- Financial Aid Scholarships.
- Third Party Contract Payments.
Example of excluded scholarships and grants:
- Perkins Loans.
- Direct Subsidized and Unsubsidized Loans.
- Direct Plus Loans.
Our staff are not qualified tax professionals and cannot advise on individual circumstances. Please consult with your qualified tax advisor if you need more assistance. All of your monthly billing statements and details about your online payments (including payment plan payments) are available on Web Services.
The student should review the information regarding the qualified and unqualified amounts to be included in each box. The student can compare the 1098-T information to the detailed information on their account through Web Services.
If the student still has questions, they should contact the Business Office of the campus they attended most.
If your most recent term of enrollment was spring of last year and you registered and settled prior to December 31 the previous year, the qualified charges for spring would have been reported on your prior year’s 1098-T. You may need to use that year’s form along with your own records of payments made to determine your eligibility for a tax credit. Again, please check with your qualified tax advisor for further guidance in this situation.
Please note that forms are not required for students whose scholarships, grants, or third-party payments meet or exceed qualified charges.