Tax Season – Access Your 2018 1098-T

William Jessup University has contracted with Heartland ECSI to provide tax documents (1098-T forms) to its students.

Looking for your 2018 1098-T? Here’s how to access it:

To access the form electronically, please begin by going online to https://heartland.ecsi.net/. Once there, Type William Jessup in the School Name and click “Submit”. Follow the instructions providing your name, SSN, and zip code. Click the box “I am not a robot” and that will get you access to the 2018 1098-T.

  1. If you did not elect to receive your form electronically, 1098-T forms are being sent by mail this week to the billing address on file. The form comes in a half sheet envelope from out of state from our program called Heartland ECSI.
  2. If you did opt to receive the form electronically, you should have received instructions from Heartland ECSI in your student email account to retrieve the form.  You could also try to access the form from the main website page: https://heartland.ecsi.net/
  3. For questions on how to retrieve the form or to find out where it was sent, please contact Heartland ECSI at 866.428.1098. You can also start a live chat from the home page here https://heartland.ecsi.net/Index.html

 

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. When you receive your tax document in 2019 for the 2018 tax year, it will look slightly different than it has in prior years. Congress and the IRS eliminated the option for colleges and universities to report the “amounts billed” on form 1098-T. Colleges and universities must now report the “amounts paid” for qualified tuition and expenses. This change went into effect for the 2018 tax year.

Why the change?

Based on a report compiled by the US Inspector General for Tax Administration, it was determined there were a large number of errors as it relates to educational tax credits. The majority of these errors were caused by confusion regarding Box 2 (amounts billed) reporting. This change eliminates this confusion and the potential for inaccuracies on 1098-T forms going forward.

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.

So, what does that mean for you?

This means that you will no longer see any amounts in Box 2 (Amounts billed for qualified tuition and related expenses) on your 1098-T form. You will, however, see an amount in Box 1 (Payments received for qualified tuition and related expenses). A sample 1098-T form has been provided below. When you receive your 1098-T form for 2018, the lower section of the page will include the transaction details that occurred on your WJU billing account for 2018, including an indication of which transactions are part of Box 1 (Payments received for qualified tuition and expenses (QTRE)). It may be the case that the total of transactions that are referenced as Box 1 do NOT equal the amount in Box 1 in the upper portion of the form. The amount in Box 1 includes all payment types (check, cash, online payments, loans, scholarships, grants, and any credit balance at the start of 2018) but only up to the total of qualified tuition and expenses (QTRE) for enrollment in 2018.

William Jessup University 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.

 

WJU is unable to provide tax advise on how to use the 1098-t. Payments should be calculated based on guidelines in IRS Publication 970 , page 37+, section 6.  You may find it helpful to print out your student statements to review. Another resource from the IRS on how to use the form can be found here: https://www.irs.gov/pub/irs-pdf/i1098et.pdf

Please speak with a tax professional if you have additional questions on how to file using the 1098-T.

Please contact the Student Accounts office with any additional questions you may have at studentaccounts@jessup.edu

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