Re: 1098T Reporting

From: Yohannes Alemu (yalemu@comcast.net)
Date: Fri Dec 05 2003 - 15:38:38 EST

  • Next message: Ginny Layton: "Results of Prom Note/Award Letter Survey"

    The easiest method is to report BOX2, amounts billed for QTRE. If you are
    using Banner, SCT no longer supports BOX1 so you only have one option -
    report BOX2.

    A good rule of thumb for scholarship/grant is to consider report anything
    that does not have to be paid back; i.e., Pell, etc.

    Yohannes Alemu
    Portland Community College
    Financial Services
    Business Offices, SY CC 210
    (503) 977-4508

    At 03:15 PM 12/5/2003 -0500, Sarah Clark wrote:
    >Hello,
    >
    >We have not previously reported any $ amounts on 1988T due to shortage of
    >manpower as well as not being required by IRS until 2003. Which method of
    >reporting do you use? (1) Payments received for qualified tuition and
    >related expenses or (2) Amounts billed for qualified tuition and related
    >expenses?
    >
    >What are the exceptions for scholarship/grant reporting? I could not
    >locate page ET-2 for exceptions. Any and all help will be greatly appreciated.
    >
    >Thank you!
    >Sarah Clark

  • Next message: Ginny Layton: "Results of Prom Note/Award Letter Survey"

    This archive was generated by hypermail 2.1.6 : Fri Dec 05 2003 - 15:43:12 EST