1098-T Statements

If you are completing for-college-credit course(s), Central Piedmont is required to report the qualified tuition, academic expenses, scholarships, and grants paid or posted to your student account during the calendar (tax) year. Central Piedmont reports these figures on Form 1098-T per Internal Revenue Service (IRS) Section 1.65050S-1.

Tax Information

The 1098-T statement can help you determine if you are eligible for certain education tax credits or deductions when you file your annual income tax return. For example, your 1098-T can help you determine if you (or an individual who may claim you as a dependent) are eligible to claim a Hope Scholarship or Lifetime Learning Credit on your income tax return. Visit the IRS Publication 970 for detailed information on tax benefits for education.

Central Piedmont is required to report the amount of qualified tuition and related expenses paid during the year. You can visit the IRS website for a sample 1098-T form and for explanations of each box on the form. Please contact a professional tax accountant with questions about the amount reported on your 1098-T to confirm what counts as qualified expenses and to determine what educational tax benefits you may be able to claim on your tax return based on your 1098-T. Central Piedmont cannot give tax advice.

Additional Information

  • When to Expect Your 1098-T Form

    Central Piedmont issues 1098-T forms no later than January 31 each year.

  • Accessing Your 1098-T Statements

    To get instant access to your Central Piedmont 1098-T tuition statement as soon as it is issued, provide your consent to receive the form electronically:

    • Log in to MyCollege.
    • Access the 1098-T electronic consent form.
    • Complete the form.

    If you provide your consent to receive the 1098-T electronically, you opt out of receiving a paper copy and will not receive a copy of your statement by mail. The 1098-T form printed from MyCollege is a valid, IRS-approved substitute for a paper copy.

    If you do not provide consent to access your form electronically, your 1098-T form is mailed to the address on file with the college. 

  • Social Security Number/Individual Taxpayer Identification Number Requests

    In order to issue your 1098-T form, Central Piedmont has to ask you to provide us with your social security number (SSN) or individual taxpayer identification number (ITIN) each year. We have to request this information because state, federal, and IRS guidelines require us to verify social security numbers and individual taxpayer identification numbers annually to ensure accurate tax reporting on 1098-T forms. The IRS may fine you if you do not provide the college with an accurate social security/individual taxpayer identification number, per Internal Revenue Code Section 6723.

    We are required to share your social security number or individual taxpayer identification number with the IRS as part of these reporting requirements. We can share this information and still be in compliance with the Family Educational Rights and Privacy Act (FERPA) as we do not release your educational records or personal identifying information unless you authorize us to or unless we are required to do so for state and federal reporting.

    Having an accurate social security number or individual taxpayer identification number on your tax forms supports the tax deduction that you or your family may claim for qualified educational expenses on your federal and state income tax returns.

    The individual taxpayer identification number submission form gives you the option to decline to provide your social security number or individual taxpayer identification number. However, if you decline to provide this information, the IRS may fine you. If you choose to decline providing this information and later decide that you would like to provide it, please download and mail the taxpayer identification number form or visit the Student Records or Navigator office at any campus.

    Central Piedmont will never ask you to email your social security number or individual taxpayer identification number.

  • Reasons You May Not Receive a 1098-T

    If you do not receive Form 1098-T, there are several possible explanations:

    • Your scholarship and aid (including formal billing arrangements with employers, government agencies, etc.) exceed the amount in Box 1. The IRS does not require Central Piedmont to issue a 1098-T in this case.
    • You only attended in the spring semester, but you enrolled and paid for the semester in the prior calendar year.
    • You only paid for non-degree, continuing education courses. We do not send form 1098-T to non-degree, continuing education students unless you also paid qualified tuition and fees for for-college-credit courses.

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