1098T Student Tax Form

For Student Tax Form FAQs, click here

January 23, 2024 - 2023 1098-T forms are available online through CentralPipeline as follows:

Instructions for accessing 1098T information on line:

1. Navigate to the CentralPipeline page at http://pipeline.ccsu.edu.
2. From the CentralPipeline home page, click on the WebCentral-Banner Web link and log in with your Central email address and password.
3. From the Home tab, click on the eBill/Make Payment link.
4. Under Statements, click on the 2023 1098-T Statement.
5. Click View for the 1098-T statement needed.

For further details on how the 1098-T figures were calculated:

1. Navigate to the CentralPipeline page at http://pipeline.ccsu.edu.
2. From the CentralPipeline home page, click on the WebCentral-Banner Web link and log in with your Central email address and password.
3. Select the Student tab.
4. Select the Tax Notification option.
5. Enter the Tax Year and click Submit.
6. A copy of the 1098T Form will come up, as well as the date created and the detail of how the figures were arrived at.

Important Notice Regarding Changes to the 1098-T Reporting Method

The Internal Revenue Service (IRS) mandated a reporting change affecting IRS Form 1098-T. Starting with tax year 2018, we are required to report Payments Received for Qualified Tuition and Related Expenses. This is recorded in Box 1 of the 1098-T form and is a significant change to the reporting method used prior to tax year 2018. We no longer report the Qualified Tuition and Related Expenses previously recorded in Box 2. We continue to report Prior Year Adjustments (Box 4), Grants and Scholarships (Box 5) and Adjustments to Grants and Scholarships for a Prior Year (Box 6).

Please be aware that the purpose of the 1098-T is to support any claim for educational credit. The amount reported in Box 1 is for informational purposes and might be different than the amount you actually paid or are deemed to have paid. To learn more, see IRS Publication 970 – Tax Benefits for Education, or consult your tax professional.

Other Pertinent Information:

I. Overview of the tax credit

• A student (or the taxpayer who claims him as a dependent) may claim a tax credit for the amount paid for qualified educational expenses during a year
• American Opportunity Credit or the Lifetime Learning Credit provided in the Taxpayer Relief Act of 1997 (TRA 97) and The American Recovery and Reinvestment Act of 2009 (ARRA)
• Income limitations apply
• Student must be US citizen or resident alien

II. Overview of IRS regulations

• Have to report if at least a half-time student at any time during the year
  • Have to report if a graduate student at any time during the year
  • Have to report dollar amounts for: All payments applied towards Qualified Tuition and Related Expenses (Box 1)
  • Amounts of scholarships and grants (Box 5)
  • Adjustments to amounts reported in prior years (Box 4 and Box 6)
  • Have to indicate whether the amounts reported include amounts for terms beginning in three months of next calendar year (Box 7)
  • Students must be supplied 1098T by January 31, 2023
  • We must report above information to IRS by March 31st.
  • Don’t have to report if:
    • Student not enrolled for the calendar year being reported.
    • No reportable transactions occurred in the year being reported.
    • Student is not a citizen or permanent resident, unless the form is requested.
    • No academic credit received during reporting period.
    • Taking only non-credit courses (such as IELP).
    • Student Qualified Tuition and Related Fees are covered entirely by grants, scholarships, or waive