The 1098-T Statement is used ONLY for claiming and Education Tax Benefits for qualified educational expenses.
It is NOT intended nor should be used to determine taxability of scholarships, fellowships, stipends or grants recieved and does not include this information nor any stipend disbursements. Please visit Shared Services to review University Income Tax Reporting Documents available to assist students in determining if you have taxable income.
New: Beginning with the 2017 Tax Year the University of Chicago will be reporting all payments made toward qualified expenses (tuition, student life fee and course related fees) in Box 1 of the 1098-T.
For a complete list of information and a sample form click here.
Detail supporting the amounts provided in Box 1 and Box 5 will be emailed to your UChicago email account no later than 2/7/2018 to provide further assistance in understanding your 1098-T Tax Benefit eligibility. This detail is also viewable on your EBill statements in my.UChicago portal.