Student Accounts

Taxpayer Information (1098-T)

The Taxpayer Relief Act of 1997 may reduce your federal income tax liability. To help you determine whether you're eligible for federal tax credits related to education expenses, you will receive a 1098-T form. 

By the first week in February, you will receive in the mail your Federal Tax Form 1098-T, which documents your enrollment at Nazareth College to the Internal Revenue Service and your (or your parents') possible eligibility for various federal income tax credits, namely the American Opportunity Tax Credit (Hope Credit) and Lifetime Learning Tax Credit.

Nazareth College cannot determine your eligibility for these tax credits, nor the amount you may claim. Consult your tax preparer or the IRS for advice and detailed information regarding the provisions of the Taxpayer Relief Act of 1997. IRS Publication 970Tax Benefits for Education, explains tax benefits for higher education and may be beneficial in preparing your tax returns. The IRS can be reached at 800-829-1040 or www.irs.ustreas.gov.