SD Board of Regents
306 East Capitol Ave
Suite 200
Pierre, SD 57501
605 773 3455
info@sdbor.edu
1098T Information

The South Dakota Public Universities are pleased to announce that your 1098-T federal tax tuition statement for the 2014 calendar year will be available on January 31, 2015 online at www.ecsi.net/1098t.

 

 

What is the IRS Form 1098-T?

 

A college or university that received qualified tuition and related expenses on your behalf is required to file Form 1098-T with the Internal Revenue Service (IRS).  The Taxpayer Relief Act of 1997 states that educational institution are required to file and furnish a Form 1098-T to students whom payments for qualified billed tuition and related expenses were received in the 2014 calendar year.  The information being reported to the IRS verifies your enrollment with regard to certain eligibility criteria for the Hope Tax Credit, the Lifetime Learning Tax Credit and the Higher Education Tuition and Fees Deduction.  However, the enrollment information by itself does not establish eligibility for either credit or deduction.

 

What am I supposed to do with the 1098-T form?

 

Keep it for your records.  Since the University sends your 1098-T information to the IRS, there is no need to attach a copy of the form to your tax return.  The information contained in the 1098-T will help you to determine if you may claim the Hope or the Lifetime Learning education tax credits. 

 

How can I obtain a copy of my 1098-T form?

 

The South Dakota Public Universities are pleased to announce that your 1098-T federal tax tuition statement for the 2014 calendar year will be available on January 31, 2015 online at www.ecsi.net/1098t.   You have the option to access your 1098-T electronically and opt out of paper delivery of the tax document. If you do not provide consent to receive your 1098-T electronically, a paper copy of your 1098-T will be mailed to your permanent address on January 31, 2015. Please see below for additional details on how to access your form.

 

Why isn’t there an amount in box 1 on the 1098-T form?

 

Institutions may elect to report either the aggregate amount of payments received for qualified tuition and related expenses (box 1), or the aggregate amount billed for qualified tuition and related expenses (box 2) during the calendar year with respect to individuals enrolled for any academic period.  The South Dakota Board of Regents provides amounts billed (box 2) on 1098-T forms

 

Why didn’t I receive a 1098-T form?

If you did not receive a 1098-T, the most common reasons are:

  • The amount of qualified tuition and related expenses billed during the calendar year was zero.
  • The individual is an international student who is not a U.S. resident for tax purposes.

 

 

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 1098T Information & Instructions

 

 

 

 

If you would like electronic access to your 1098-T statement, please provide your consent at http://www.ecsi.net/gateway/1098t-signup.html?school=GZ.  By signing up for an electronic version of the tax document, NO paper form will be mailed to you.  When your tax document is ready, an email will be sent containing a link to the ECSI website where you may view your document.

 

What are the benefits of receiving my 1098-T electronically?

  • Online delivery provides access to the form earlier than the traditional mailing process.
  • It eliminates the chance that the 1098-T will get lost, misdirected or delayed during delivery, or misplaced once you receive it.
  • It is easy and secure, and you can withdraw from online delivery at any time.
  • You can retrieve your 1098-T Form even while you are away from home.
  • Parents/guardians can also retrieve a copy of the 1098-T form.
  • Go Green and save the environment.

The South Dakota Public Universities have contracted with Educational Computer Systems, Inc. (ECSI) to print, mail and store your 1098-T online. Since 1972, ECSI has provided clients with intuitive, user-friendly software and solutions. ECSI provides customer service through a 1-800 phone service and offers live chat to assist in answering any questions. ECSI will be mailing you a copy of your 1098-T before January 31, 2015.

 

If you do not receive your 1098-T in the mail on January 31, 2015, please call ECSI at 1-866-428-1098 or login at www.ecsi.net/1098T. ECSI will provide you with your login information so you can view and print a copy of your statement. The universities will not be able to provide copies of your 1098-T.

 

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To view your 1098T, access http://www.ecsi.net/taxinfo.html and select Log in. If you do not know your Pin/Password, enter the school code of GZ and your social security number in the account number. Next select “Need help logging in”?

 

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You will be asked the following:

 

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You will be provided a password.

 

If you need additional help with logging in, please call ESCI at 1-866-428-1098 or login at www.ecsi.net/1098T.

 

University Contact Information

Please contact your home school with any questions regarding the numbers which appear on your 1098T. Please note: University personnel cannot determine which students are eligible for Education Tax Credits nor provide assistance in calculating the amount of credit to which you may be entitled. Please consult your personal tax preparer or visit the IRS website at www.irs.gov.

 

BHSU -- Black Hills State University

  Email: BHSU1098T@bhsu.edu

  Phone: (605) 642-6512

 

DSU -- Dakota State University

  Email: EducationCredits@dsu.edu

  Phone (605) 256-5130

 

NSU -- Northern State University

  Email:  nsustudentaccounts@northern.edu

  Phone (605) 626-2566

 

SDSMT-- South Dakota School of Mines & Technology

  Email: cashier@sdsmt.edu

  Phone (605) 394-2372

 

SDSU -- South Dakota State University

  Email: studentbills@sdstate.edu

  Phone (605) 688-6116

 

USD -- The University of South Dakota

    Email: businessoffice@usd.edu

    Phone: (605) 677-5613

 

UC -- University Center --Sioux Falls

  Email: businessoffice@usd.edu

  Phone (605) 677-5613