1098-T Tax Information

IMPORTANT NOTE

This page covers the 1098-T, which is used for education tax credits. This form does not account for all charges eligible for payment from 529 plans. Semester Statements show all assessed charges for that semester and payments applied to those charges and may be helpful for those who made payments from 529 plans. Statements are available to students in Workday and may be made available to Friends & Family in Workday.

Educational Tax Credit (1098-T)

Iowa State University must file Form 1098-T, Tuition Statement for each student it enrolls and for whom a reportable transaction is made.

There are 4 exceptions:

  • Courses for which no academic credit is offered, even if the student is otherwise enrolled in a degree program
  • Nonresident alien students, unless requested by the student
  • Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships
  • Students for whom Accounts Receivable does not maintain a separate financial account and whose qualified tuition and related expense are covered by a formal billing arrangement between an institution and the student's employer or a governmental entity such as the Department of Veterans Affairs or the Department of Defense

In Workday only the student has access to the 1098-T form. There is currently no option to allow Friends and Family access to tax information.

Frequently Asked Questions

The 2025 1098-T form can be found in Workday.  Log into Workday to view the Financials Hub. Financials Hub has a menu item titled Statements and Documents, expand this drop down menu and click View My 1098-T. You can also opt to print or save this pdf document from the Suggested Link menu option Print My 1098-T.  Students can also search My 1098-T Box Details for a thorough breakdown of what is included in each box total.

Students that haven't opted to receive electronic delivery for 1098-T in Workday will be mailed a paper copy of the 1098-T on January 31st. Please allow 7-10 days mailing time.

2025 1098-T documents are currently available in Workday for students to review, download, and print. 

For basic questions about the figures reported on the 1098-T you may contact the Accounts Receivable Office at 515-294-7388 or ubill@iastate.edu. However if you questions about tax filing or how to use the 1098-T form, we will refer you to consult with your tax preparer or IRS Publication 970.

1098-T forms from 2024 through today are available in Workday

1098-T forms from 2023 and earlier are available in AccessPlus.