AMERICAN OPPORTUNITY TAX CREDIT - 1098-T INFORMATION

The Taxpayer Relief Act of 1997 created tax credits to help families with out-of-pocket college expenses. These credits took effect in 1998. Hillsborough Community College is required by the Internal Revenue Service to provide each student enrolled during the calendar year 2012 with IRS Form 1098-T.

HCC has partnered with Educational Computer Systems, Inc., (ECSI), to provide you with your 2012 1098-T Tax Form. You will be notified, by postcard or email, with instructions on how to access, view, and/or print your 1098-T Form.

Tax credits such as the Hope Credit (for students enrolled at least half-time in the first two years of postsecondary education) and the Lifetime Learning Credit (for students taking one or more courses) are available. The tax credit amounts are based on the amount paid for qualified tuition and related expenses from January 1, 2012 through December 31, 2012, as well as your income.

To obtain detailed information on education tax credits, please refer to IRS Publication 970. Copies may be obtained by calling 1-800-TAX-FORM or on the Internet, refer to http://www.irs.gov. Your tax advisor or the local IRS Office can also be contacted for further information. ECSI’s link is:  https://www.ecsi.net/cgi-bin/webx.exe  This is where we can print student’s 1098T form.  ECSI’s telephone number is 866-428-1098.   

FYI:  Students who attended classes at HCC in 2012 but didn’t receive their 1098T form because: 

  1.    Financial aid paid their tuition & fees 

  2.    Sponsor paid their tuition & fees.  (This year, TIPS & Florida Prepaid program are not included as sponsors.

         In other words, fees paid by them are included in the box 2 of 1098T form.) 

   3.    12/SP classes were registered in 2011 and never add any classes in 2012. 

          You can view the 2012 - 1098T form on the following link. http://www.irs.gov/pub/irs-pdf/f1098t_12.pdf

If you have a question regarding tuition payments, please call at 1-877-736-2575 or visit HCC Live (http://hcclive.hccfl.edu/).

Informational Link:

American Opportunity Tax Credit