A Christian College of the Liberal Arts & Sciences

Tax Information

 1098-T

 The Tax Relief Act of 1997 created two new education tax credits for students – the American Opportunity Credit and the Lifetime Learning Tax Credit.

 Any student who was enrolled during a given calendar year at Houghton College will receive a 1098-T tax form.  1098-T forms are issued no later than January 31st, in accordance with IRS regulations.

 Houghton College is required by law to report Amounts Billed OR Amounts Paid for qualified expenses.  Houghton College’s reporting method is Amounts Billed.  Only qualified expenses billed with a statement date during the calendar year January 1, 2012 through December 31, 2012 will be included on the 2012 1098-T form.

 Note:  Houghton College Student Financial Services cannot provide information on how to apply or whether you qualify for the education tax credits.  Please seek advice from qualified tax experts to determine if you are eligible for education tax credits.

 Further information for Students can be found at http://www.irs.gov/individuals/students/index.html.

 Further information for Parents can be found at http://www.irs.gov/individuals/parents/index.html.

 Access Your 1098-T Electronically

 Houghton College has contracted with Vangent, Inc., a General Dynamics Company, to provide both electronic and paper 1098-Ts.  If you do not retrieve your 1098-T electronically, one will be mailed to you.  Paper 1098-Ts will not be mailed until near January 31st and may reach you sometime after that date.  Note: In order to retrieve a 1098-T electronically prior to printing you will need to consent to receiving it electronically in lieu of a mailed form.  Be aware that you can get additional copies online in the future as well.

 To retrieve your 1098-T electronically:

  1. Launch a web browser and go to http://tra.vangent.com (note: Internet Explorer 9 users may need to use “Compatibility View”).
  2. Click the “First Time Students” button.
  3. Enter your full First and Last names and the last 5 digits of your Social Security Number.
  4. Click Submit.
  5. If records are present for you, you will be instructed to create an account.  Follow the instructions on the website to create a free account and retrieve your 1098-T.  If records are not found for you or you have difficultly creating an account, use the “Help” link in the left menu.

 If you do not receive a 1098-T form by February 7th, 2013, please contact Student Financial Services.  We are not permitted to fax or email any 1098-T forms.  Students may view them electronically as described above, contact Student Financial Services to request the form to be mailed to their permanent home address, or stop into the Student Financial Services Office to receive a copy in person.