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E-File Form 1098-T Online in Minutes

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Postal Mailing

Postal Mailing

During the process of e-filing your return, you can choose the postal mailing feature. TaxBandits delivers the copies to the recipients.

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Advanced Security

TaxBandits uses a series of protocols to prevent any security breaches. As the data is processed, we use cutting-edge techniques to take care of data security.

Bulk Upload

Bulk Upload

Save time with our bulk upload template. All you have to do is to download our templates, update all your information, and upload it back into our system.

Online Access

Online Access

Once you have transmitted your Forms, you will be provided access to the secure online portal of TaxBandits where they can view or download their Form copies.

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Information Required to E-File Form 1098-T Online

  • Filer Details: Name, EIN, Address
  • Student Details: Name, TIN, Address
  • Other Form Details: Payment Details including qualified tuition and related expenses, Scholarships or grants, adjustments made for a prior year

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

How to E-File 1098-T Forms Online in Minutes?

  • Create a FREE account with TaxBandits.
  • Choose Form 1098-T.
  • Enter Filer Details (Name, EIN, Address).
  • Enter Student Details (Name, TIN, Address).
  • Enter the qualified tuition and related expenses payments.
  • Review, Pay & Transmit Form 1098-T directly to the IRS.

While filing your 1098-T return with TaxBandits, you also have the option to send recipient copies by postal mail. Simply select the Postal Mail option and we will take care of the rest!

Frequently Asked Questions

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.

If you receive or collect tuition payments on behalf of an eligible educational institution, you may be required to file Form 1098-T. Also, Form 1098-T (Copy B) must be issued to each student. To learn more about Form 1098-T, visit irs.gov.

What Are The Form 1098-T Copies?

The IRS Form 1098-T has to furnished with the following copies:

  • Copy A: For Internal Revenue Service Center
  • Copy B: For Student
  • Copy C: For Filer

When is the deadline to file Form 1098-T?

2020 Form 1098-T recipient copy deadline

Due to the recipient by

February 1, 2021

2020 Form 1098-T paper filing deadline

Paper file 1098-T with the IRS by

March 1, 2021

2020 Form 1098-T e-filing deadline

E-file 1098-T with the IRS by

March 31, 2021

What are the Form 1098-T penalties?

Failing to file Form 1098-T, filing with incorrect information, or not completing the Form in its entirety will result in a penalty from the IRS. Form 1098-T penalties can also be incurred if you report an incorrect TIN, fail to report a TIN, or if you paper file your form when the IRS mandates it be e-filed. Penalties vary from $50 to $3,282,500.

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