1098T Student Tax Form Information

Instructions for accessing 1098T information on line:

  1. From Pearl River Community College website www.prcc.edu log into River Guide.
  2. Click on the Wild Cat Web icon at the top of the page.
  3. Select the Student tab.
  4. Select the Student Accounts Link.
  5. Select the Tax Notification option.
  6. Enter the Tax Year and click Submit.
  7. A copy of the 1098T Form will come up, and the details of how the figures were calculated.

Please be aware that the purpose of the 1098-T is to support any claim for educational credit. The amount reported in Box 1 is for informational purposes and might be different than the amount you actually paid or are deemed to have paid. To learn more, see IRS Publication 970 – Tax Benefits for Education, or consult your tax professional.


Frequently Asked Questions

Q: Can I get a form sent to me?

A: All 1098-T forms are available for printing online through River Guide and Wild Cat Web.
Instructions for accessing 1098T information on line:

  1. From Pearl River Community College website www.prcc.edu log into River Guide.
  2. Click on the Wild Cat Web icon at the top of the page.
  3. Select the Student tab.
  4. Select the Student Accounts Link.
  5. Select the Tax Notification option.
  6. Enter the Tax Year and click Submit.
  7. A copy of the 1098T Form will come up, and the details of how the figures were calculated.

Q: How much did I pay in 2019?

A: Beginning with tax year 2018, we will report in Box 1 the amount you paid during the year that applied to Qualified Tuition and Related Fees. You may also find it helpful to pull your Account Activity in Wild Cat Web:

  1. Navigate to Pearl River Community College website www.prcc.edu log into River Guide and click on Wild Cat Web.
  2. Select the Student tab.
  3. Select the Student Accounts Link.
  4. Choose the Account Summary by Term or Account Detail for Term for more information.
  5. If you need a printed account summary or if you cannot log into River Guide, email business services at businessoffice@prcc.edu with your ID number requesting a 1098T be mailed to you.

Q: How do you come up with that figure?

A: We account for all payments received in 2019 that were applied to Qualified Tuition and Related Fees billed by the college in 2019 (January 1st through December 31st only). Room & Board and books are NOT considered to be qualified expenses as per the IRS.

Q: What is reported in Box 1?

A: Payments applied to your account during 2019 (January 1 through December 31) that total up to the Qualified Tuition and Related Expenses assessed in the 2019 tax year. They include all payments from all sources, such as:

  • Individual cash, check and credit card payments
  • Payments from 529 and other investment accounts
  • Payments from 3rd parties sponsors such as VA and outside scholarships, etc.
  • Student loans
  • Grants and scholarships

Any refunds you received or any payments made that were returned by the maker's bank are reflected as a reduction of these total payments.

Q: What are my Qualified Tuition and Related Expenses?

A: Mandatory tuition and fee charges that posted during the 2019 tax year (January 1 through December 31) for Spring 2019 term through Spring 2020 term, will no longer appear on the 1098-T form, but are reported to the IRS. Charges for housing and books are not included.

Q: My records indicate I made more payments in 2019 than what is appearing in Box 1. Why?

A: Payments recorded in Box 1 cannot exceed the total qualified charges reported in 2019.

Q: What is reported in Box 5?

  • Grants and scholarships
  • Payments from 3rd parties sponsors such as VA, outside scholarships, etc.

Q: Can I review the detail behind the amounts reported on the 1098-T form including the Qualified Tuition and Related Expenses?

A. Students can view the detail behind these amounts from their Wild Cat Web in Banner, as follows:
Instructions for accessing 1098T information on line:

  1. From Pearl River Community College website www.prcc.edu log into River Guide.
  2. Click on the Wild Cat Web icon at the top of the page.
  3. Select the Student tab.
  4. Select the Student Accounts Link.
  5. Select the Tax Notification option.
  6. Enter the Tax Year and click Submit.
  7. A copy of the 1098T Form will come up, and the details of how the figures were calculated.

Q: How do I get the deduction on my income tax?

A: We are not qualified to give tax preparation advice. Please see IRS Form 8863 instructions and Publication 970, or consult your tax preparer.

Q: Can I get a corrected form?

A: It is important to note that that the purpose of the 1098-T is to support any claim for educational credit. The amount reported in Box 1 is for informational purposes and might be different than the amount you actually paid or are deemed to have paid. If you feel there is a discrepancy, file your IRS forms with the information you determine to be correct.

Q: What are boxes 4 and 6?

A: These are reductions made in 2018 to amounts previously reported to the IRS.

Q: Can I get a paper form mailed out?

A: Forms are available for printing online through your Wild Cat Web Account (see above). If you'd rather get a printed copy mailed to your home address of record, please send your request with your current address in an email to the Business Services Department at businessoffice@prcc.edu. Please allow 7-10 days for processing and mailing. In order to safeguard your most vital personal information, forms cannot be emailed.

Other Pertinent Information

I. Overview of the tax credit

  • A student (or the taxpayer who claims him as a dependent) may claim a tax credit for the amount paid for qualified educational expenses during a year
  • American Opportunity Credit or the Lifetime Learning Credit provided in the Taxpayer Relief Act of 1997 (TRA 97) and The American Recovery and Reinvestment Act of 2009 (ARRA)
  • Income limitations apply
  • Student must be US citizen or resident alien

II. Overview of IRS regulations

  • Have to report if at least a half-time student at any time during the year
  • Have to report if a graduate student at any time during the year
  • Have to report dollar amounts for:
    • All payments applied towards Qualified Tuition and Related Expenses (Box 1)
    • Amounts of scholarships and grants (Box 5)
    • Adjustments to amounts reported in prior years (Box 4 and Box 6)
    • Have to indicate whether the amounts reported include amounts for terms beginning in three months of next calendar year (Box 7)
    • Students must be supplied 1098T by January 31, 2019
    • We must report above information to IRS by March 31st.
    • Don’t have to report if:
      • Student not enrolled for the calendar year being reported.
      • No reportable transactions occurred in the year being reported.
      • Student is not a citizen or permanent resident, unless the form is requested.
      • No academic credit received during reporting period.
      • Taking only non-credit courses (such as GED).
      • Student Qualified Tuition and Related Fees are covered entirely by grants or scholarships.

III. Resources for the taxpayer


10/3/18 - Change of Reporting Method for Tax Year 2018 - Box 1 Reporting Required for 2018 Tax Year

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. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018 reporting, we will report in Box 1 the amount of QTRE you paid during the year.

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)

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.

Pearl River Community College 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.

For more information about Education Credits AOTC and LLC, visit https://www.irs.gov/credits-deductions/individuals/education-credits-aotc-llc.