The 1098T tax form is an Internal Revenue Service (IRS) tuition statement which is intended to help students prepare their federal income tax return. The College mails paper copies of the 1098T tax form to students each January and also reports this same information to the IRS.
Please note that the release of 1098T information is governed by federal privacy laws (FERPA) and cannot be released to parents or tax preparers without the authorization of the student.
No Lyme employee may give tax advice regarding the American Opportunity Credit or the Lifetime Learning Credit. If you are unsure about your eligibility or have any tax preparation questions, you should consult with a qualified tax preparer or advisor. You can also consult IRS Publication 990 or visit the IRS website.