529 Payments & Student 1098-T Tax Form


Overview


Review this KBA for information about 529 payments as they relate to the 1098-T tax form. 

 

Understanding 529 Payments & Their Impact on the 1098-T Form


In summary, 529 payments do not impact how UCSD prepares student 1098-T tax forms, and they should be viewed as separate pieces of your overall taxation preparation. UCSD distributes the 1098-T form through our vendor Tab Services which is available online to the student by January 31. You should thoroughly review the 1098-T IRS form if you have not already.

Note: Parents or family must be listed as an authorized payer on the student’s account in order to receive information about that account.

This article on the Turbo Tax website may also be of general assistance. 

 

Note: The 1098-T form is solely provided to help you determine your eligibility of the Education Tax Credits. UC San Diego is unable to provide individual income tax advice. If you have specific questions on how the 1098-T form affects your tax responsibility please contact the IRS at 1-800-829-1040 or your personal tax advisor regarding your eligibility or the calculation of these tax benefits.


 

If you still have questions or need additional assistance, please submit a ticket or call our office at 858-246-5900