From: Debbie Caraway (dcaraway@antioch-college.edu)
Date: Thu Nov 16 2000 - 08:48:23 EST
I have a question about one of the proposed 1098-T changes We will be
required to report on 1098-T the "aggregate amount of payments of qualified
tuition and related expenses received from ANY SOURCE on behalf of the
individual during the calendar year."
I interpret this to literally mean from 'any source'. Such as, employer
payments, tuition remission payments from other schools, scholarships from
external sources, etc. We have had some discussion on this topic and not
everyone agrees on the interpretation.
I recall reading somewhere, where it was determined any payment received on
behalf of the student as having come from the student; and, schools were
not going to have to be responsible for determining who made the payment.
What is your interpretation?
Deb Caraway
Antioch College
Yellow Springs OH
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