Re: bursar-l: 1098-T information

If that one is being tossed around, how about a mandatory orientation
fee?

I think the person who doesn't show after paying an admissions fee is
not, nor ever was, a student so I doubt that it would need to be
reported...

Pat

From: bursar-l-bounces@list.mail.virginia.edu
[mailto:bursar-l-bounces@list.mail.virginia.edu] On Behalf Of Jim
Andersen
Sent: Thursday, December 13, 2007 1:27 PM
To: Deb Brondsema; bursar-l@list.mail.virginia.edu; Peggy Karls
Subject: Re: bursar-l: 1098-T information

Deb,

Do you send a 1098-T if the application fee is the only charge for that
year? Most of our students pay the app fee the fall before they come.
I agree with you that the fee is required and could therefore be
eligible but it seems like it would create too many problems. If the
student ends up not enrolling are they still able to deduct it? If they
take the deduction it would count as a year for their hope credit
wouldn't it?

Jim Andersen

Assistant Controller

Univ. of Wis. - Platteville

        ----- Original Message -----

        From: Deb Brondsema <mailto:Deb.Brondsema@davenport.edu>

        To: bursar-l@list.mail.virginia.edu ; Peggy Karls
<mailto:karls@uwp.edu>

        Sent: Thursday, December 13, 2007 2:21 PM

        Subject: Re: bursar-l: 1098-T information

        Since they are required, we consider them to be qualified
education expenses.
        
>>> "Peggy Karls" <karls@uwp.edu> 12/13/2007 2:33 PM >>>

        Are application fees allowable charges?

        Peggy Karls

        Peggy Karls, Bursar

        University of Wisconsin - Parkside

        PO Box 2000

        900 Wood Road

        WYLL D193

        Kenosha, WI 53141

        Phone: (262)595-2350

        FAX : (262)595-2340

        email : peggy.karls@uwp.edu <mailto:peggy.karls@uwp.edu>

________________________________

        From: bursar-l-bounces@list.mail.virginia.edu
[mailto:bursar-l-bounces@list.mail.virginia.edu] On Behalf Of Deb
Brondsema
        Sent: Thursday, December 13, 2007 12:39 PM
        To: bursar-l@list.mail.virginia.edu
        Subject: bursar-l: 1098-T information

        Hopefully someone knows the answer to this question, or can
direct me to the answer to this question.

        If a student is charged an application fee in 2007 for a Fall
2008 start;

        and is not enrolled at least 1/2 time in any semester during the
tax year 2007;

        am I required to send them a 1098-T?

        We report "Amounts Billed" .... we have sent 1098-T's in the
past to this group of "potential/probable" students .... the difference
this year is we are changing our ERP system, the "Student" portion will
not be fully LIVE until Fall 2008 and gathering the data will be
challenging.

        Thanks in advance!

        Deb

        Deb Brondsema
        General Accounting Manager
        Davenport University
        1.616.732.1116

        Fax: 1.616.732.1146
        
        
        

        
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Received on Thu Dec 13 16:44:18 2007