A 2016 1098-T form will be distributed to all eligible students on or about January 31, 2017 that can be used to compute eligibility for education tax credits or a tuition tax deduction. Students may sign up year round for optional electronic delivery by clicking here or by consenting through the Student Account Suite. All students can now view online and print their 1098-T forms for tax years 2006 through 2015. Visit www.ecsi.net/1098T and select the log in link near the top of the page. Click here to retrieve your login credentials or call 866-428-1098 for log in assistance.
TO UPDATE YOUR SSN, NAME AND ADDRESS FOR 1098-T PLEASE CLICK HERE.
NON-RESIDENT ALIENS WHO WISH TO RECEIVE A 1098-T PLEASE CLICK HERE.
We are unable to provide tax advice regarding your tax forms. The information provided on your tax form is intended to make taxpayers aware of potential tax credits and afford them the opportunity to take advantage of the IRS tax law. If you have any questions regarding the IRS tax law, you should consult with a qualified tax professional or contact the IRS Taxpayer Assistance line at 1-800-829-1040 or www.irs.gov.
1098-T FREQUENTLY ASKED QUESTIONS
The University is required to send you a 1098-T form so that you can use it to determine if you are eligible for either the American Opportunity Credit or the Lifetime Learning tax credit. To see if you qualify for the credit, consult with your Tax Advisor or visit www.irs.gov/1098t. To view IRS FAQs you can enter “1098-T Questions” into the search box.
When will I receive a 1098-T form?
The 2016 1098-T forms will be distributed on or before January 31, 2017. Click here to sign up for electronic delivery or consent to electronic delivery through the Student Account Suite no later than January 15, 2017, otherwise you will receive a paper copy at the address you have on file with the University.
How do I access my 1098-T form if I do not receive one?
You can access prior years’ 1098-T forms online, 24 hours a day, 7 days a week. Log into the KeanWISE Student Menu and click on “1098-T Online Access” in the “Financial Information” section. You may also go to www.ecsi.net/taxinfo.html to log in and retrieve your 1098-T.
What information do I need to log in to my account to view my 1098-T form?
You can access your 1098-T statement quickly and easily by visiting https://heartland.ecsi.net/ and using one of the following methods to log in:
If you already have a profile with Heartland ECSI, please sign in. If you have not yet connected your tax statements to your account, you will need to connect them using your Heartland Key. Simply click on the Connect An Account button and enter your tax statement Heartland Key. The Heartland Key was included in the email informing students that their tax statement is ready. Further instructions on how to connect the tax statements to your account are also included in that email.
If you have not registered for an account, click on the Sign In or Register button in the upper right side of the page. Complete the registration section to create your profile and then connect your tax account by entering your Heartland Key. The Heartland Key was included in the email informing students that their tax statement is ready. Further instructions on how to connect the tax statements to your account are also included in that email.
If you have not received an email from Heartland ECSI containing your Heartland Key, you can can contact their Customer Service Department at 866-428-1098 or via LiveChat from the Heartland ECSI student website. You will be required to provide basic information to authenticate your identity.
Why are there no payments listed in Box 1 of my 1098-T form?
IRS regulations specify “Institutions may report either payments received during the calendar year in Box 1 or amounts billed during the calendar year in Box 2.” Kean University reports amounts billed in Box 2 so Box 1 is always empty. As a courtesy, Kean University provides an annual Account Statement that lists payments made by students to Kean during the preceding calendar year. The Account Statement is posted online beneath the 1098-T form for the corresponding year and can be accessed as indicated above.
What Qualified Expenses are used to compute eligibility for a tax credit?
Box 2 on the 1098-T form contains qualified expenses that might be considered when doing your taxes. The following chart displays the expenses that are considered qualified or non-qualified. You should consult your Tax Advisor or visit www.irs.gov/1098t for definitive clarification.
NON QUALIFIED EXPENSES
Tuition and Fees
Housing and Meal Plan charges
Registration fees, for example:
late registration fee
student teaching fee
Health Insurance Fee
Course materials required to enroll or attend
– not included on 1098-T form –
student must use their own receipts
University Application fee
Housing Application fee
University parking fine
What if I think that the amounts on my 1098-T form are incorrect?
1)It might be a timing issue. A 1098-T form reflects only transactions that happened during the calendar tax year. If you registered in 2015, your registration charges were in Box 2 of your 2015 1098-T. If your scholarship/grant disbursed in 2016, it will be in Box 5 of your 2016 1098-T.
2)Due to timing issues, the registration charges in box 2 of your 1098-T form might be different from the amount you actually paid in that calendar year.
3)Loans are not included on a 1098-T, only grants and scholarships go into Box 5.
Below are some examples of timing issues:
EXAMPLE: Mary registered in November 2015 for the Spring 2016 semester, so those registration charges were in Box 2 of her 2015 1098-T form.
EXAMPLE: John registered in November 2016 for the Winter Break 2017 term, so those registration charges will be in Box 2 of his 2016 1098-T form.
EXAMPLE: Mary registered in November 2015 for the Spring 2016 semester and those registration charges were in Box 2 of her 2015 1098-T form. Her Spring 2016 Scholarship disbursed in February 2016, so it will be reflected in Box 5 of her 2016 1098-T form.
EXAMPLE: George registered in November 2015 for 6 credits in the Spring 2016 semester, so those registration charges were in Box 2 of his 2015 1098-T form. In January 2016, George registered for 3 more credits for the Spring 2016 semester. The registration charges for the 3 additional credits will be on his 2016 1098-T form.
EXAMPLE: Glenda registered for 6 credits in November 2015 for the Spring 2016 semester, so the registration charges for those 6 credits were in Box 2 of her 2015 1098-T form. In January 2016, Glenda dropped one 3 credit class for the Spring 2016 semester. The registration charges for the 3 dropped credits will be in Box 4 of her 2016 1098-T form as an adjustment/reduction to Box 2 of the 2015 1098-T form.
Yes. If you registered for classes during 2016, you will generally receive a 1098-T form for that calendar year, even if you are no longer a student at the end of 2016. If you do not receive a 2016 1098-T form, you can contact Student Accounting at 908-737-3240 after January 31, 2017.
I am a non-resident alien student. Will I receive a 1098-T form?
Kean does not file a 1098-T form for nonresident alien (“NRA”) students unless specifically requested by the student. If a NRA student wants a 1098-T form, they should visit the Student Accounting office on the third floor of the Administration building and submit the form “Student Request for 2016 Form 1098-T”. If you have a Taxpayer Identification Number (“TIN”), you must provide documentation of the TIN.
Why is there no social security number on my 1098-T form?
You did not have a valid social security number in Kean’s database. Go to the Registrar with your social security card so that a valid SSN can be entered for you. Then visit the Student Accounting office on the third floor of the Administration building and submit the form “Student Request for 2016 Form 1098-T”.
What is Kean University’s Tax ID number?