Re: bursar-l: 1098T

I have an additional question now. We used a third party to print our
forms and to file our data with the IRS. We do have updated information
now and I'm considering filing it in house. Can someone direct me to
information on how to file the info or revision directly?

-----Original Message-----
From: bursar-l-bounces_at_list.mail.virginia.edu
[mailto:bursar-l-bounces_at_list.mail.virginia.edu] On Behalf Of Wolterman,
Ken (wolterk)
Sent: Wednesday, March 11, 2009 10:09 AM
To: 'Cheryl Murphy'; 'bursar-l_at_list.mail.virginia.edu'
Subject: Re: bursar-l: 1098T

It's my understanding that if you have already sent your file to the IRS
then yes you need to do a corrected 1098T. If not then simply make sure
the right SSN is on the IRS file and you're golden. Now the student
still may want a corrected form and you probably will want to re-print
it with the new SSN but you don't check the box for corrected 1098T.

-----
Ken Wolterman
Bursar, University of Cincinnati
(513) 556-4348

-----Original Message-----
From: bursar-l-bounces_at_list.mail.virginia.edu
[mailto:bursar-l-bounces_at_list.mail.virginia.edu] On Behalf Of Cheryl
Murphy
Sent: Wednesday, March 11, 2009 9:10 AM
To: bursar-l_at_list.mail.virginia.edu
Subject: bursar-l: 1098T

Hello All,

I'm looking for some guidance on corrections for the 1098T forms. I
have two students who gave us the wrong social security numbers. We
sent the forms out with the the number they reported to us. Now they
decided to give us the correct numbers and want corrected forms. Do we
have to provide corrected 1098T forms to them. Some of us say yes, some
say no.

If anyone one has any insights, it would be greatly appreciated.
Thank you.
Cheryl
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Received on Wed Mar 11 2009 - 12:24:29 EDT