1098-T Form
The 1098‑T, also called your Tuition Statement, is a form provided by the University of Miami that supplies information used by you and the Internal Revenue Service (IRS) to help determine eligibility for certain education‑related tax credits.
The University of Miami, as an eligible educational institution, files Form 1098‑T with the IRS to report qualified tuition and related expenses for students with reportable transactions during the calendar year. While the IRS provides certain exceptions to this reporting requirement, the University may still issue a Form 1098‑T for informational purposes, even when an IRS filing exception applies.
The form is for your records only and does not need to be submitted with your tax return.
Determining your eligibility for an education‑related tax credit is your responsibility. For more information, please refer to from IRS Publication 970.
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?
The University of Miami provides Form 1098‑T to students for informational purposes related to reportable transactions for the calendar year.
How will I know when my 1098‑T is ready?
Once the electronic version of your 1098‑T is available in CaneLink, you will receive an email notification. Paper forms, when applicable, will be mailed and postmarked by January 31.
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.
