What do the 1098-T Box 1 reporting changes mean for you

What do the 1098-T Box 1 reporting changes mean for you

Thursday, October 19, 2017 | 2:00 PM ET | 1 hour

At Ellucian, we understand the changes required for Box 1 reporting on the 1098-T seem daunting to implement, with little guidance coming from the IRS.

To help ease your concerns, we’re partnering with the National Association of College and University Business Officers (NACUBO) to give you guidance on how to prepare to apply payments correctly beginning in January 2018 for reporting in early 2019.

In this session, we’ll share what we know today, address how the changes may impact your institution’s current reporting practices, and provide guidance on how you can prepare. We will leave plenty of time to answer your questions about the changes.

The webinar will feature:

  • A review of the IRS 1098-T changes and how NACUBO interprets them
  • What you need to start doing in January 2018
  • Guidance from Lee University’s Director of Student Financial Services on how they’ve prepared to implement the changes

It is our goal for you to feel secure, confident, and informed about the requirements—and ready to report Box 1 amounts.

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