1098-T Form
The 1098-T, also called your “Tuition Statement,” is a form sent by the University of Miami that helps you and the IRS determine eligibility to claim educational-related tax credits.
Educational institutions like the University of Miami are required to file informational forms with the IRS that indicate a student’s enrollment and to report payments received for qualified tuition and related expenses.
The form is informational for your records, you do not need to submit it with your tax return.
Knowing if you’re eligible for a tax credit is your responsibility. You can learn more about this from Publication 970 from the IRS.
Information on 1098-T Form:
Box 1: Total payments received for the calendar/tax year from all sources and applied to qualified tuition and related expenses.
Box 2: Now no longer used, will be grayed out.
Box 4: Adjustments made for a prior year
Box 5: Scholarships or grants
Box 6: Adjustments made to scholarships or grants for a prior year
Box 7: Checked if Box 1 amounts include payments for an academic period beginning January–March of the following calendar year
Box 8: Indicates at least half-time status
Box 9: Graduate student status
1098‑T Electronic Consent
When checking the consent box by the yearly deadline, you agree to receive the 1098‑T form only electronically; a paper copy will not be mailed.
To give Electronic Consent:
- Log in to CaneLink
- Navigate to the '1098-T Electronic Consent' section under Financials
- Read the disclosure, then check the consent box
Electronic Consent Deadline:
The deadline to consent for the current tax year is December 31st.
To revoke Electronic Consent:
You may withdraw your consent by returning to the ‘1098‑T Electronic Consent’ page and unchecking the consent box by the electronic consent deadline (December 31st).
If you no longer have CaneLink access, you must submit a request to the Office of Student Accounts and submit a Revoke 1098-T Electronic Consent Form. Please email us at officeofstudentaccounts@miami.edu.
FAQs
Will I receive a 1098-T Form?
University of Miami will issue a 1098-T for all students with payments received for qualified tuition and related expenses for the calendar year.
How will I know when my 1098‑T is ready?
Once the electronic version of your 1098‑T is posted in CaneLink, you will receive an email notification. Mailed forms will be postmarked by January 31st.
How do I access the electronic 1098‑T?
Log into CaneLink → Financials → 1098‑T Tuition Statement Form
For more detailed instructions see our guide:
How to access your 1098-T
Important
The University of Miami cannot provide individual tax advice, but should you have questions, please seek the counsel of an informed tax preparer. For more information about Form 1098-T, visit IRS.gov
For calendar years 2023 and prior, please email the Office of Student Accounts at officeofstudentaccounts@miami.edu.
For questions about your specific 1098-T form, contact: officeofstudentaccounts@miami.edu.
