ACHS provides eligible students with a 1098-T tax form by January 31 each year.
What is a Form 1098-T?
The Form 1098-T is an IRS form that ACHS completes annually, in accordance with the Taxpayer Relief Act of 1997. It is provided to each enrolled student who has made payments for qualifying tuition and related educational expenses throughout the year (from January 1 to December 31). This form is essential for students to prepare their yearly income tax returns and determine their eligibility for educational tax credits or deductions.
ACHS adheres to Section 6050S of the Internal Revenue Code, which mandates that colleges and universities electronically submit information returns (including data in boxes 1-10) to the IRS.
How can I access a copy of my 1098-T?
From January 2021, students can access their 1098-T form electronically through the ACHS Student Portal. Simply log in using your @achs.edu email and password (the same one used for Canvas). If you encounter any issues, feel free to reach out to support@achs.edu for assistance.
How do I withdraw consent to electronic delivery?
All students consent to receive their 1098-T electronically per the ACHS Enrollment Agreement. You may withdraw this consent and request a hard copy for future statements by sending a written request to:
ACHS
Attn: Business Office
5005 S. Macadam Ave
Portland, OR 97239
Please note that if you withdraw consent to an electronic copy, your 1098T will no longer be published to the ACHS student portal for you.
Who is eligible to receive a Form 1098-T?
Students who are U.S. citizens or permanent residents and have made payments toward qualifying tuition or related expenses during the calendar year will receive a Form 1098-T.
How do I submit Form W-9S to ACHS?
This form is used to provide or update your social security number. Please contact the Registrar's Office at 800-487-8839 or via email to registrar@achs.edu to request the form be sent to you via secure electronic transmission.
The Social Security Number (SSN) on my form is missing or incorrect. How do I change that?
Information on the 1098-T form is the information that the student has provided to ACHS. If the SSN is missing or incorrect, the student should contact the Registrar to complete a new Form W-9S. Please do not email this form unless it is password-protected.
Please note: Failure to provide a correct SSN could result in a $50 penalty imposed by the IRS.
I don't have a Social Security Number, but I do have an Individual Taxpayer Identification Number (ITTN). What should I do?
Please contact the Registrar to complete a new Form W-9S. Please do not email this form unless it is password-protected.
What are qualified education expenses?
- Tuition
- Course materials including practical lab kits and textbooks
- Required fees including the Online Materials, Library, and Resources Fee
What are expenses that are NOT reported on the 1098-T Form?
- Fees such as a credit check fee, transcript requests, and other non-required fees.
- Apothecary Shoppe orders.
DISCLAIMER:
The Information provided is not a substitute for professional/government tax counseling or for reading Internal Revenue Service publications. ACHS is unable to provide tax advice to individuals. If you wish to claim a tax credit for educational benefits, be sure to include the 1098-T form with your tax return. In addition to the 1098-T, your personal financial records may serve as official supporting documentation for your federal income tax return. Due to FERPA (Family Educational Rights and Privacy Act) laws, we can only answer specific questions about an account/1098-T for the account holder (student) or those they have given written authorization for us to speak to. We are not personal tax preparers and cannot give any personal tax advice. For tax preparation advice, please consult a tax advisor.
If you have questions about how to use the 1098-T statement, please contact your tax preparer or the IRS. ACHS is not able to provide tax information. The IRS website at http://www.irs.gov also provides additional information.