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Form 1098 for Evansville Indiana: What You Should Know

USI requires you to report the name, address and payment method of every person who contributed any payment, regardless of payment method. All persons who are contributing to the student or to an academic student organization, whether a student, a faculty member, a department, a unit or a faculty or staff of USI. All income from such payments must also be reported on Form 1098-T. (It is a USI Student Organization (IPO) rule that all payments from student support should be reported on the USI Student Organization tax form.) Note: To provide USI notice, USI must provide payment receipts on Form 1098-T within 30 days from the date the payment is reported. If it is not received by USI by this time, USI will send a notice to the address on the 1098T. (This notice may be sent via U.S. Postal Service mail or by email.) A 1098-T is for US taxpayers, as stated here. USI can also obtain a copy of your 1098T.

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