1098-T Tax Information
TAXPAYER RELIEF ACT (TRA) 1997
Enacted by Congress and the President, TRA created two new tax benefits for families who are paying for higher education. There are also benefits for people who are repaying student loans. Whether you may take advantage of the tax credits depends on your individual facts and circumstances.
1098-T Forms are generated annually on or before January 31st. A student will not receive a 1098-T for the tax year if scholarships and grants exceed the qualified tuition charges or when all amounts are zero.
ACCECSSING YOUR 1098-T FORM VIA CYBERBEAR
Student 1098-T tuition statements are available in Cyberbear. Follow the instructions below to access the 1098-T tuition statement:
Log into CyberBear
- Click on "Student Services"
- Click on "1098-T Tuition Statement”
- Enter the tax year and click on the “Submit” button
Once you have submitted the tax year the information is displayed for you.
MAILED 1098-T FORMS
If you choose to have a paper form mailed, it will be sent to your current mailing address in Cyberbear. Make sure you keep it up to date! Should you lose your 1098-T or it is returned as undeliverable, you will be expected to retrieve your 1098-T information electronically via Cyberbear.
2nd Floor Lommasson Center
Hours: 8 a.m. – 4:30 p.m., M-F
PAYMENT MAILING ADDRESS
The University of Montana
32 Campus Drive #2304
Missoula, MT 59812-2304
Aber Hall 5th Floor
Phone: (406) 243-2223
Fax: (406) 243-4867
Hours: 8 a.m. - 5 p.m., M-F
(Closed on holidays)
You will need to contact your tax consultant or the Internal Revenue Service at (800) 829-1040 to determine if you are eligible for the tax credits. Instructions accompanying your federal tax forms will explain how to calculate the credit and how to claim it on your tax return.