From: Debbie Tran (trand@uchastings.edu)
Date: Mon Jan 31 2000 - 17:11:07 EST
Hi, Folks.
We have chosen to report financial data on the 1098t forms for 1999.
The data we submitted was based on the posting date of the
transaction in our ar system (we are a Colleague site- and are not
using Datatel's program for this but wrote our own). Our spring '00
tuition and fees were charged to the students in November '99 and
therefore were reported as 1999 1098t transactions even though most
students did not pay their spring '00 fees until 1/00, which was when
the fees were actually due.
Some students think that the spring '00 fee charges should show up on
the 2000 1098t since that is when they were due and when most of
them paid.
For those of you reporting financial data, can you please tell me if
you are reporting the data like we are? If so, why? Are there any
specific guidelines as to why we should report this way? We just
did it this was because of the administrative ease. If you are
not, reporting this way, how are you reporting and why?
Would appreciate your comments.
Thanks.
For those of you who voluntarily report the financial data for the
1098t forms for the Tax Payer Relief Act, can you tell me for 1999,
did you report activity with a date of 1999
*********************************
Deborah Tran
Director of Fiscal Services
UC Hastings College of the Law
200 McAllister Street
San Francisco, CA 94102-4978
Phone: (415) 565-4740
Fax: (415) 565-4698
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