Information on Form 1098-T
Under the Tax Relief Act of 1997, certain Federal tax credits for the payment of qualified tuition and fees may be available. Wofford College furnishes annually Form 1098-T to students, the purpose of which is to report qualified payments of tuition and fees in order to assist students in determining whether they may be eligible for a Federal tax credit. This information is also provided to the Internal Revenue Service.
Additional information is available at the following websites:
IRS Publication 970 (.pdf)
Wofford College cannot serve as an individual’s tax advisor. Any specific questions regarding eligibility for Federal tax credits should be referred to your tax advisor. If you have any other questions concerning the dollar amounts reported in Form 1098-T, please contact us at Wofford College Business Office or by phone at 864-597-4224.