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Contact the Student Response Center

WALK-IN

  • Monday - Thursday: 8:30 am - 4:30 pm
  • Friday: 10:00 am - 4:30 pm
  • 232 Capen Hall, North Campus

PHONE

  • Monday - Thursday: 8:30 am - 4:30 pm
  • Friday: 10:00 am - 4:30 pm
  • Ph: 716-645-2450

E-MAIL: src@buffalo.edu

Tax Relief Act (1098-T)

Education Credits (American Opportunity and Lifetime Learning Credits)

 

The University will report to the IRS required information about students who were billed for at least one credit hour in any semester of a tax year. This information does not reflect what a student paid during the tax year, but what a student was billed. A 1098-T form is mailed to students with a valid social security number on file.

The University at Buffalo is in a transition period from a campus developed system to an integrated system for generating billing information. Billing statements for the tax year 2011 spanned across both systems and ultimately data had to be merged in order to produce the 1098T statement for the 2011 Tax year.

For tax year 2011 only, information on the 1098-T will be reported in the following manner:

Description
Pre-HUB Reported in Box
Post HUB Reported in Box
Net Effect when filing IRS Form 8863
Tuition Waivers Box 5- treated as financial aid / scholarship Box 2- treated as a  “waiver” of  tuition charges No Effect
Third Party Refunds (i.e. VA benefits, Outside Scholarship donors, etc.) Box 5 – reduction of third party payments Not captured originally, manual adjustments are being made and Adjusted 1098Ts will be re-issued May need to file an amended return if you receive an adjusted 1098T

The 1098-T, along with your copy of your UB billing statements, should be used by your tax preparer to determine your eligibility for a tax credit. Because each taxpayer’s circumstances vary, we cannot provide tax advice or assistance related to the credit or how to claim the credit.

As required by law, your 1098-T statement will be mailed by January 31st of the following year.

The University's Federal Identification Number is 16-1514621. This number can also be found on your 1098-T statement. Individuals completing the New York State Tax Form IT-272 will use this number for the EIN of the University.

Online access to 1098-T Form

ECSI is the vendor used to generate the University at Buffalo 1098-T 2011 statements. ECSI provides students online access to the 1098-T form at www.ecsi.net/taxinfo.html

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Last updated: May 16, 2012 3:32 am EST