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The purpose of a 1098-T form is to report the amount of tuition and related expenses paid by a student during the tax year. This information is used by the student or their parents to claim education-related tax credits or deductions on their federal income tax return.

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4mo ago

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What information can I find about the 1098T form on the wiki page?

The Wikipedia page on the 1098-T form provides information about its purpose, who receives it, what it includes, and how it is used for tax purposes.


What is Santa Monica college federal id number for 1098T form filing?

You need to call the college.


Will you get more money back by filing your 1098t when you file?

If you qualify for any of the education benefits that may be available to you by using the information from the 1098T and reported on your income tax return correctly this could be possible. Go to Publication 970 Tax Benefits for Education http://www.irs.gov/publications/p970/index.html


Can you provide me with 1098T help for filing my taxes?

Yes, you can get help with your 1098-T form for filing taxes from your educational institution's financial aid office or a tax professional. The 1098-T form provides information about your educational expenses and any financial aid received, which can be used for tax purposes.


What is a form IRS Form 1098T?

IRS Form 1098-T is a Tuition Statement information return. Form 1098-T is used by eligible educational institutions, such as a college or university, to report information about their students to the IRS as required by the Taxpayer Relief Act of 1997. The student or person who can claim the student as a dependent may be able to claim an education credit of Form 1040 for the qualified tuition and related expenses that were paid.


What is the purpose of the small form factor?

The purpose of the small form factor is to make a desktop computer appear smaller in size. It is a computer form factor which can be used for this purpose.


Is the word purpose an adjective?

No; purpose is a noun, meaning 'a reason for something'.The adjectival form would be purposeful, or a hyphenated form such as purpose-driven.


Information that is typically gathered on a form is?

specific to the purpose of the form


Information that is is typically gathered on a form?

specific to the purpose of the form


Information that is is typically gather on a form?

specific to the purpose of the form


Information that is is typically gathered on a form.?

specific to the purpose of the form


What is the adverb form of purpose?

purposely