1098-T Tuition Statement
EOU reports the “amount billed” and Grants and Scholarships processed during the year. These amounts will include all qualified transactions “posted” to your account between January 1st and December 31st. EOU does not report any payment information on this form other than EOU administered Grants and Scholarships.
Any adjustments to these amounts posted to your account after December 31st will be included on next year’s 1098-T form.
Your Webster account will show the 1098-T form along with a list of the reportable transaction codes and amounts (by term) that were used to populate the fields. Detail transactions can be viewed on your “Account Summary by Term” and will be dated between January 1st and December 31st each year.
Your 1098-T form can be viewed and printed from Webster at https://banweb.ous.edu/eouprd/owa/bwtktxns.p_disp_tax_notification
If you are unsure of what to report on your tax return please refer to the following IRS website: http://www.irs.gov/instructions/i1098et/ar02.html.
For tax advice, please contact your accountant.