#  What is a 1098-T? 

 



 The 1098-T is a record of the financial information reported by Harvard to the IRS on a student's behalf. The information on form 1098T can be used to help you determine if you are eligible for education tax credits when filing a U.S. tax return\*. **The information includes the total amount paid for qualified tuition and related expenses in a calendar year (Box 1) and the total amount of scholarships or grants disbursed in the calendar year (Box 5).** Related expenses **do not include** charges for room, board, insurance, health fees, transportation or similar expenses. **You will not receive a 1098-T if your scholarships or grants (including third-party sponsor payments) exceed your qualified tuition and expenses.**

 *\*If another individual claims a student as a tax dependent, or is responsible for filing their taxes, it is very important that they are forwarded a copy of the 1098-T.*



 

 

 



 

 See also:- [ Taxes ](/faq/taxes)
- [ 1098-T ](/faq/1098-t)