The Student Account Representatives (located in the Business Office) will issue Form 1098-T to students that were enrolled at least half time during the calendar year. The Form 1098-T will be available by January 31.
The purpose of Form 1098-T is to help you and/or your tax professional determine if you are eligible for the American Opportunity Credit or the Lifetime Learning Credit.
Mount Mercy University cannot provide tax advice. Please refer to relevant IRS forms and publications or consult a tax advisor for explanations regarding eligibility for and calculations of any allowable tax credits or deductions.
If you (or your spouse) were a nonresident alien for any part of the calendar year and the nonresident alien did not elect to be treated as a resident alien, you are not eligible for the education credits.