This notification is to inform you of recent changes to the 1098-T Tuition Statement reporting.

Revised Reporting:

For tax years 2017 and prior, the Internal Revenue Service (IRS) permitted colleges and universities to choose between two methods for reporting Qualified Tuition and Related Expenses (QTREs) to students on the Form 1098-T. For tax year 2017, system upgrades required the University of California, Riverside (UCR) to report QTREs in Box 2 (QTREs billed).

Beginning with tax year 2018, the IRS is requiring colleges and universities to report in Box 1 (payments received for QTREs).

Impact of Reporting Change:

Returning students who have received a 1098-T Form in prior years, might potentially receive a 2018 form that may not contain information for a previous quarter that may have already been accounted for in tax year 2017 in Box 2 (amounts billed).

First year students should not be impacted by these IRS changes.

UCR cannot provide tax advice and you should consult a tax professional regarding how these changes may impact your 2018 tax filing.

Claiming Education Credits on Your Individual Tax Return:

You should use the information on the Form 1098-T in conjunction with your own payment records to complete your individual tax return.

•  For payments and charges by term, login to R’Web, Student Account, Account Summary by Term.
•  For billing statements, login to R’Web, Student Account, Student Account Online, Your Bills.

 If you have questions about how to compute an education tax credit, consult your tax professional or refer to IRS Publication 970.

 * See the amendments to Internal Revenue Code section 6050S under the Protecting Americans from Tax Hikes Act of 2015 (Pub. L. 114-113 (129 Stat. 2242 (2015)) (PATH). Specifically, Section 212(b) of PATH amends section 6050S(b)(2)(B)(i) to eliminate the option for eligible educational institutions to report aggregate qualified tuition and related expenses billed for the calendar year.