Box 1 (“Payments received for qualified tuition and related expenses”) of your 1098-T displays the net amount of payments received during the tax year (January – December) that were required as a condition of your enrollment and attendance. To “qualify,” payments must relate to an academic period for which fees are due and payable during the tax year and for which instruction begins no later than March of the following tax year.
Box 2 (“Amounts billed for qualified tuition and related expenses”) is blank because CUNY reports “Payments received” instead. The IRS provides the option for schools to report either “Payments received” in Box 1, or “Amounts billed” in Box 2, but not both.
Box 3 (“Check if you have changed your reporting method for 2017”) is blank because CUNY has not changed its reporting method from a previous tax year, and continues to report “Payments received,” not “Amounts billed.”
Box 4 (“Adjustments made for a prior year”) shows any refunds during the current year for payments of “qualified tuition and related expenses” reported on a 1098-T for a prior tax year. For example, if you paid Spring 2018 registration fees in December 2017, “qualified tuition” for that quarter would have been reported on your 1098-T for 2017. If you subsequently received a refund of Spring 2018 registration fees in January 2018, the amount refunded would be reported in Box 4 for tax year 2018. Refunds may be the result of changing from full-time to part-time study, nonresident to resident classification, or cancellation/withdrawal.
Box 5 (“Scholarships or grants”) reflects financial aid and scholarships made to the student during the tax year.
Box 6 (“Adjustments to Scholarships or grants for a prior year”) shows an amount if “scholarships or grants” that were reported on a 1098-T for a prior year were subsequently reduced in the current tax year.
Box 7 if checked, indicates that “payments received” in Box 1 include payments for terms that start in the first three months of 2018 (i.e. Winter or Spring).
Box 8 if checked, indicates that you were considered to be “enrolled at least half-time” for one or more quarters during the tax year. At CUNY, “at least half-time” means that you were enrolled in 6 or more units for any quarter.
Box 9 if checked, indicates that you were enrolled in a graduate program for one or more quarters during the tax year. The University checks this box if you attended as a graduate student for any quarter of your enrollment during the tax year.
Box 10 (“Ins. Contract reimb./refund”) is blank because CUNY is not an insurer.
Service Povider/Acct. No. This field contains the CUNY student identification number.