The 1098-T forms for UA students are generated by the Bursar's Office. They are posted on UAccess under the Financial section (Tax Info). The Bursar’s Office has posted general information about the form and a list of frequently asked questions to assist you.
For additional information, visit the following Internal Revenue Service Web pages:
- Useful tax information for students to determine if you need to file and how.
- Tax incentives relating to higher education expenses.
- Lifetime Learning Credit
- An overview of tax credits, deductions, and tuition savings plans for when scholarships, fellowships and grants (even Pell) can be taxable.
Need help filing taxes?
If your adjusted gross income was $60,000 or less in 2013 or 2014, you can use Free File to prepare and e-file your taxes online. There are several free online programs you can use. All are recommended and approved by the IRS. For help narrowing down the list of approved programs, click “Start Now” and then “Guide Me To A Company”.
My parents need to send a copy of their U.S. Income Tax Return Transcript and W-2 form(s) to your office because of verification, but they have not yet filed their tax return because they filed an extension. What can we do?
You may submit to the Office of Scholarships and Financial Aid (OSFA) a copy of the 4868 (income tax extension) form and your W-2 form(s) at this time. As soon as the current year federal and state income tax returns are completed, submit to OSFA a signed copy of the Tax Return Transcript with your 8 digit UA student ID on the top of each page. See "Directions on how to order an IRS Tax Return Transcript" above. Alternatively, you may return to your FAFSA and use the IRS Data Retrieval Tool.
My parents are required to submit a copy of their U.S. Income Tax Return Transcript and W2's to your office; however, they filed electronically to the IRS. Can they send you a copy of their 1040PC?
Your parents must submit their IRS Tax Return Transcript. For directions on how to order an IRS Tax Return Transcript, see the link above.
I am required to submit a copy of my U.S. Income Tax Return Transcript for verification to your office, but I used TeleFile. What can I do?
You must submit your IRS Tax Return Transcript. For directions on how to order an IRS Tax Return Transcript, see the link above.
My parents live in a foreign country, and therefore, they do not file a U.S. Income Tax Return Transcript. Does their income need to be included on the FAFSA?
Yes, income earned in a foreign country is treated the same as income earned in the U.S. You need to convert all figures to U.S. dollars, using the exchange rate in effect on the day you filled out the FAFSA. Income paid to the foreign government in that country should be treated as "U.S. income tax paid." If the government of the foreign country did not tax the money, the income should be treated as untaxed income.
If my parents or I filed an income tax return in a foreign country, and I am required to provide my tax information, what can be submitted instead of a U.S. Tax Transcript?
In order to satisfy this requirement you must submit the “Parent/ Student Foreign Tax Form” and attach all foreign tax documents to the form. The form can be found at: http://financialaid.arizona.edu/forms