OCCC 1098T Tuition Statement Information

Oklahoma City Community College is required by the Internal Revenue Service (IRS) to issue the form 1098-T to any student enrolled during the 2019 calendar year.  In previous years, your 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) we billed to your student account for the calendar (tax) year.  Due to a change in institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE you paid during the year.

Depending on your income (or your family's income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in IRS Publication 970, page 9.)

The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 - The form used for calculating the education tax credits that a taxpayer may claim as part of your tax return.

Oklahoma City Community college is unable to provide you with individual tax advice, but should you have questions, you should seek the counsel of an informed tax preparer or adviser.

IRS Help with Tax Questions Telephone: 1-800-829-1040
Local IRS Contacts: IRS Link
Telephone: 1-800-TAX-FORM (1-800-829-3676)

Or select one of the following links:

Internal Revenue Service (IRS)
IRS Notice 97-60: Lifetime Learning Credit
IRS Form 8863: Education Credits (Hope and Lifetime Learning Credits )