No 1098 T is sent by the University because they are in the Federal Program - Cornell University

Forum|Forum|2 years ago
April 7, 2024
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My question is that the certificate granting classes that I am signed up from Cornell does not qualify for them to send out the 1098 form because they are not in the Federal Educational Program. But when I researched Publication 970 from the IRS it does state that the educational credit is still allowable as long as there is no academic class credit issued, which in this case it is not.

Do you think it is safe to proceed with the deduction and if so how do I enter it. Cornell did provide me with their EIN.

Thoughts?

Hal_Al

Employee

Q. Do you think it is safe to proceed with the deduction and if so how do I enter it?

A. Yes, you should claim the credit. After answering no to having a 1098-T, answer yes to qualifying for an exception. That will give you the entry screens. You will need the EIN to claim the AOTC*, but not the LLC.

"Google" cornell university ein number

Pub 970:

"However, you may claim a credit if the student doesn't receive Form 1098-T because the student's educational institution isn't required to furnish Form 1098-T to the student under existing rules (for example, if the student is a qualified nonresident alien, has qualified education expenses paid entirely with scholarships, has qualified education expenses paid under a formal billing arrangement, or is enrolled in courses for which no academic credit is awarded)."

*For the AOTC, you must Be pursuing a degree or other recognized education credential.