Tax Information
Print your 1098-T. Enter the 5 Site ID: 11541, your T student ID for your username and the last 4 digits of your SSN for your password. If you need additional login assistance call 1-888-220-2540.
For questions regarding 1098T form information, please contact the Office of the Bursar at help.touroone@touro.edu or 844-868-7666.
A 1098-T will be produced for all students at Touro College and University System who have had a transaction (tuition payment or scholarship payment) on their account for a tax calendar year. The 1098-T Tax form is used to claim a tax credit for out of pocket tuition and fee payments made for the relevant tax calendar year. Students must have a valid social security number or TIN on file with the university.
Eligible educational institutions, such as the Touro College and University System, are required to submit the student’s name, address, and taxpayer’s identification number, enrollment and academic status.
The 1098-T Tax Form is a statement of qualified tuition and fees payments made during the calendar year (January 1st through December 31st) as required by the Internal Revenue Service.
This page is informational only. It serves to alert students that they may be eligible for federal income tax education credits. It should not be considered as tax opinion or advice. There is no IRS requirement that you must claim the tuition and fees deduction or education credit. Claiming education tax benefits is a voluntary decision for those who may qualify. It is up to each taxpayer to determine eligibility for the credits and how to calculate them. Please refer any questions on how to calculate them to your accountant / financial advisor.
Touro University Nevada is not qualified to provide legal and/or tax advice. The information provided may or may not reflect recent revisions in IRS regulations. For tax advice on your specific situation, contact a tax professional. For additional information regarding the education tax credits you can call the IRS at 1-800-829-1040. You can also refer to IRS form 8863 and the instructions that go with it for more information regarding how to calculate and claim the education tax credit and the loan interest deduction.
Common Questions
A 1098-T Tax Form is a statement of qualified tuition and fees charged during the period from January 1st through December 31st, as required by the Internal Revenue Service. This document does not list any payments you have made to Touro University Nevada.
The 1098-T is for your information and is not intended to determine your eligible tax credit. You must determine your eligible tax credit using your own records or the services of a tax professional. More information can be found on the IRS webpage.
The 1098-T Tax Form is a statement of qualified tuition and fees payments made during the calendar year of 2019 (January 1, 2019 through December 31, 2019) as required by the Internal Revenue Service. This form is informational only and should not be considered as tax opinion or advice. It serves to alert students that they may be eligible for federal income tax education credits. Receipt of Form 1098-T does not indicate eligibility for the tax credit. To determine the amount of qualified tuition and fees paid, and the amount of scholarships and grants received, a taxpayer should use their own financial records.
NOTE: You must determine your eligibility for the credits and how to calculate it.
Yes, section 6050S of the Internal Revenue Code, as enacted by the Taxpayer Relief Act of 1997, requires institutions to file information returns to assist taxpayers and the Internal Revenue Service in determining eligibility for the Hope and Lifetime Learning education tax credits. The IRS can also be reached by phone at (800) 829-1040.
Our Federal Identification Number is 20-0363127. This number can also be found on the 1098-T form in the middle left section.
Although you are responsible for maintaining your own record of payments, you can log into the TouroOne portal to view your payment history.
Yes, your loan funds should be considered in the same manner as cash payments when calculating a Hope or the Lifetime Learning Tax Credit or the Higher Education Tuition and Fees Deduction.
Any scholarships, grants, or other non-taxable aid must be deducted from the amount of qualified tuition and related expenses paid. The credit is claimed in the year in which the expenses are paid, not in the year in which the loan is repaid.
No, the address shown on your 1098-T form is irrelevant for IRS income tax filing purposes. The most important information on your form is your social security number. If your social security number is incorrect, call (646) 565-6000, extension 55620, to make the correction.
The 1098-T form does not contain all of the information you need to claim a tax credit. Most of the information must come from your personal financial records of what you paid during the calendar year. Along with your tax advisor, you must make the final determination of qualifying expenses.
Contact Us
Office of the Bursar
Touro College University System is not authorized to provide personal tax advice. Please address all questions and concerns to a tax consultant/advisor or to the IRS directly at 1-800-829-1040.
