Form 1098-T: Key Insights

  • Eligible educational institutions use Form 1098-T to report payments received for qualified tuition and related expenses. It must be filed for each student enrolled and for whom a reportable transaction occurs.
  • Insurers must also file Form 1098-T for each individual receiving reimbursements or refunds related to qualified tuition and related expenses.

1098-T Deadline for 2025 Tax Year

Recipient Copy Distribution Electronic Filing
March 31, 2026 February 2, 2026

TaxBandits simplifies the filing of Form 1098-T with our Time-Saving Features!

What Information is Required to File Form 1098-T?

TaxBandits for Every Business Form 1098-T
  • 1. Filer Details: Name, EIN, and address
  • 2. Student Details: Name, TIN, address, and account number
  • 3. Payment Details: This may include:
    • i. Payments received for qualified tuition and related expenses
    • ii. Adjustments made for a prior year
    • iii. Scholarships or grants
    • iv. Amount of scholarships or grants for the preceding year
    • v. Amount of reimbursements or refunds of qualified tuition and related expenses

Are you ready to file your 1098-T? Get started with your free TaxBandits account!

How to E-file Form 1098-T Online with TaxBandits?

Select Form 1098-T

Start by selecting Form 1098-T from your dashboard. With TaxBandits, you can file this form for both the current and previous tax years.

Enter Form 1098 -T information

Enter the form data manually or choose our bulk import option to fill out your 1098-T form.

Choose Distribution Options

You can choose how to distribute recipient copies—by postal mail, online access, or both.

Review Form 1098-T

Review the information entered on Form 1098-T and make any necessary changes.

Transmit Form 1098-T to the IRS

After reviewing, transmit the completed Form 1098-T to the IRS.

TaxBandits for Every Business

Ready to E-file Form 1098-T with the IRS?

Why Choose TaxBandits to File Form 1098-T?

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Address Book

Add your payer and recipient details just once, securely store them, and access the information for future filings.

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Internal Audit Check

Our advanced error-check system automatically audits your 1098-T forms for common mistakes to ensure they
are error-free.

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TIN Validation

Ensure accuracy by validating the TIN against the IRS database. This helps ensure you
e-file Form 1098-T correctly.

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Download Form Copies

TaxBandits offers a simple way to download and print copies of your transmitted
1098-T forms.

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Recipient Copy Distribution

TaxBandits distributes 1098-T copies to recipients via postal mail or online
access portal.

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Supports Multiple Tax Years

TaxBandits supports filing for current (2025) and prior year filings (2024 & 2023).

Pro Features Designed for Tax Professionals

Team Management

Team Management

Securely invite team members to manage filings for your clients with their own credentials. Assign the roles of preparer, approver, or transmitter to delegate tasks and streamline workflows.

Client Management

Client Management

Stay connected with clients through a secure, customized portal. Exchange data, share documents, and maintain seamless communication to track your clients’ filings.

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Custom Reports

Gain insights into staff activities and client filings with detailed reports. Enhance decision-making with in-depth analytics.

Success Starts with TaxBandits!

Frequently Asked Questions on 1098-T

What is IRS Form 1098-T?

Form 1098-T is used by educational institutions to report to the IRS each student who paid qualified tuition and related expenses. Related expenses include tuition, fees, and course materials required for a student to be enrolled at or attend an eligible educational institution. Insurers must also file Form 1098-T for each individual that received a reimbursement or refund of qualified tuition and related expenses.


What are the Form 1098-T copies?

The IRS Form 1098-T has two copies, which include:

  • Copy A is to be filed with the IRS
  • Copy B is for the student

When is the deadline to file Form 1098-T?

February 2, 2026 is the due date to distribute copies of Form 1098-T to a recipient. If you choose to file by paper, the deadline is February 28, 2026 for the 2025 Tax Year. The Form 1098-T electronic filing deadline is on March 31, 2026.


What are the Form 1098-T penalties?

Failing to file Form 1098-T on time will result in potential penalties from the IRS. The penalties for Form 1098-T vary from $60 to $660, depending on when the return is filed and based on your business size.

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An IRS Authorized E-file Provider you can trust