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What is the 1098T form?

 

This form is intended to assist you, or your parents, in the preparation of your federal income tax return to see if you are eligible for two tax credits: the American Opportunity Credit and the Lifetime Learning Credit. Your accountant, tax preparer, or the Internal Revenue Service (www.irs.gov) can best advise you in the utilization of this form when preparing your taxes.

The University of Oklahoma reports all eligible charges, grants and scholarships to the Internal Revenue Service. Be part of keeping “OU Green and Clean” by opting-in to the “electronic only” 1098T tax form through your online account at ONE.ou.edu (student must complete separate 1098T access for parent/authorized user(s) who claims student as a dependent). OU generates 1098T information for students with a Social Security Number (SSN) on file. Electronic 1098T forms are available each year by Jan. 31. Printed forms will be mailed to your student’s 1098T Mailing Address listed in ONE if they have opted out of electronic notifications.
bursar@ou.edu
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