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The Education Tax Credit began in 1998 and has now been updated. Effective with tax year 2009, the American Opportunity Credit replaced the Hope Scholarship Credit. Please read this important information in the IRS links below:
Cuesta College in compliance with the Taxpayer Relief Act (TRA) of 1997 will provide a 1098T form to students who enrolled in credit courses and were charged eligible fees at Cuesta College during the 2009 school year, including:
Cuesta College will NOT provide a 1098T to students:
The 1098T is the tax form required to support the student's claim for the 2009 American Opportunity Credit, or other eligible tax credit program, and includes enrollment information and fee information. Cuesta reports the eligible fees charged NOT payments made by the student. The 1098T is sent to the student's address on record with Cuesta (check myCuesta info) at the time of printing in early January 2010. Eligible Fees charged for the 2009 American Opportunity Credit are included in the 1098T's provided to students.
What Tax Preparer Needs: We encourage all students to keep
their registration receipts to provide proof of fees paid for the calendar year,
regardless of the term of enrollment. Cuesta will provide the eligible
fees
charged, so students will need to provide proof of the amounts paid to their tax
preparer. We suggest that you contact your tax preparer for the best
documentation to use to show fees paid. Fee Payment documentation may be obtained from:
Accessing the
Fees History screen. Please note: Currently the fees shown do not include
payments made for deferred fees.
Questions regarding fees; contact
the Cuesta College Cashier's Office.
Contact your tax preparer or the
IRS for questions about eligible fees.
Remember to save ALL your registration fee receipts
showing your payments for the
2009 tax year. Plan ahead and save receipts for
registration activities for Spring 2010. Education Tax Credit Information:
Frequently
Asked Questions (FAQ's) about 1098T's from Cuesta College.
For additional questions about your eligibility for the TRA97
education tax credits
please contact the IRS at (800) 829-1040 or consult your tax advisor. Return to Admissions and Records Home Page
Copyright © 2002-2010 Cuesta College
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