WHAT COLLEGE STUDENTS NEED TO KNOW ABOUT FILING TAXES

Don't forget to file your taxes by April 15!

Don’t forget to file your taxes by April 15!

April is upon us, which means in just a few short weeks taxes will be due. The process of filing taxes can be arduous and complicated, but if you’ve been working during college and had taxes taken out of your paycheck, it’s likely that you’re entitled to a tax refund! Free money! Sort of. Here’s what college students need to know about taxes:

Do I need to file taxes?

It depends. If you are filing as an independent and make $9,750 a year or more, the answer is yes. This is also true if you are filing as a dependent and made $5,950 or more last year. Either way, filing may be to your benefit. There are numerous companies that will help you prepare and file your taxes online for free, and if you are a full-time college student, you are likely to receive a refund.

Where should I file them?

If you’re attending college outside of your home state, this can be a bit confusing. As far as your federal tax return is concerned, you should file based upon your permanent address (likely your parents’ house). The rules regarding state returns vary, so you’ll need to find out what the law is both in the state you’re attending college in and where you list as your permanent address.

What forms will I need?

Make sure you receive a W-2 form from your employer – you will need this information to file your taxes. You should have received this by January 31. You will also need a 1098-T, provided by your school, if you wish to receive any educational tax credits for tuition and fees.

Am I entitled to any tax breaks?

Yes! As a college student, you may be eligible for any number of education credits, including the American Opportunity Credit. Because they are subtracted in full from your federal income tax, education credits can increase the amount of your tax refund considerably.

17 thoughts on “What college students need to know about filing taxes

  1. Erich Ruth

    The American Opportunity Credit is mostly to relieve the tax burden on parents and students who are not dependents of others who are paying for their own education. There are several requirements for the credit for both taxpayers and the student whose qualified expenses that the credit is being claimed for. Students may also claim the credit for their own taxes if they are not dependents of others.

  2. Chelsey

    Hello–when are we going to be receiving our 1098-t?
    Thank you

    • Robin Blunck

      Hi Chelsey –

      This year, Carrington College students will be receiving a paper statement in the mail. The statements will be mailed by January 31st, so give the post office 7-10 days to deliver the 1098-T statement (especially if you have mail forwarding from an old address).

      Thank you!

  3. Bobbi

    Is there a web site to get the 1098t form?

    • Robin Blunck

      Hi Bobbi –

      Carrington has partnered up with a third-party vendor, ECSI, for current and prior year 1098-T
      forms. To view these statements:
      1. Go to borrower.ecsi.net
      2. Type in the school code (see below)*
      3. If you already have a PIN/Password from 2012 or later, enter your information
      4. If not, click on “Need help logging in?”
      5. Fill out the information on the screen:
      a. First Name
      b. Last Name
      c. Last 4 of your Social Security Number
      d. Date of Birth
      e. Zip Code
      6. Click Submit

      *Campus Code as of 2012
      YK – Carrington College Albuquerque, Las Vegas, Mesa, Phoenix North and West, Portland, Spokane, Tucson
      YH – Carrington College All California Locations
      YJ – Carrington College Boise, Mesquite, Reno

      If you have any questions about the navigation of the site or have problems logging in, please
      contact an ECSI representative at 866.361.3569.

  4. YT

    Hello. Would you please inform me where I would be able to request a duplicate copy of my 1098-T statement from 2011?

    • Robin Blunck

      Hi YT – please follow these steps to look up prior year 1098-T forms.

      Carrington has partnered up with a third-party vendor, ECSI, for current and prior year 1098-T
      forms. To view these statements
      1. Go to borrower.ecsi.net
      2. Type in the school code (see below)*
      3. If you already have a PIN/Password from 2012 or later, enter your information
      4. If not, click on “Need help logging in?”
      5. Fill out the information on the screen:
      a. First Name
      b. Last Name
      c. Last 4 of your Social Security Number
      d. Date of Birth
      e. Zip Code
      6. Click Submit

      *Campus Code as of 2012
      YK – Carrington College Albuquerque, Las Vegas, Mesa, Phoenix North and West, Portland, Spokane, Tucson
      YH – Carrington College All California Locations
      YJ – Carrington College Boise, Mesquite, Reno

      If you have any questions about the navigation of the site or have problems logging in, please
      contact an ECSI representative at 866.361.3569.

  5. Brian

    Is there a way for a student to download form 1098-T?

    • Robin Blunck

      Hi Brian – please follow these instructions to receive your 1098-T form:

      Carrington has partnered up with a third-party vendor, ECSI, for current and prior year 1098-T
      forms. To view these statements
      1. Go to borrower.ecsi.net
      2. Type in the school code (see below)*
      3. If you already have a PIN/Password from 2012 or later, enter your information
      4. If not, click on “Need help logging in?”
      5. Fill out the information on the screen:
      a. First Name
      b. Last Name
      c. Last 4 of your Social Security Number
      d. Date of Birth
      e. Zip Code
      6. Click Submit

      *Campus Code as of 2012
      YK – Carrington College Albuquerque, Las Vegas, Mesa, Phoenix North and West, Portland, Spokane, Tucson
      YH – Carrington College All California Locations
      YJ – Carrington College Boise, Mesquite, Reno

  6. Jennifer

    I still haven’t received my 1098-T and the student portal is down. How can I get my form so I can file my taxes???

    • Robin Blunck

      Hi Jennifer – we’re very sorry for the inconvenience! Please try this:

      Carrington has partnered up with a third-party vendor, ECSI, for current and prior year 1098-T
      forms. To view these statements
      1. Go to borrower.ecsi.net
      2. Type in the school code (see below)*
      3. If you already have a PIN/Password from 2012 or later, enter your information
      4. If not, click on “Need help logging in?”
      5. Fill out the information on the screen:
      a. First Name
      b. Last Name
      c. Last 4 of your Social Security Number
      d. Date of Birth
      e. Zip Code
      6. Click Submit

      *Campus Code as of 2012
      YK – Carrington College Albuquerque, Las Vegas, Mesa, Phoenix North and West, Portland, Spokane, Tucson
      YH – Carrington College All California Locations
      YJ – Carrington College Boise, Mesquite, Reno

  7. Ashley

    What is the school code for Mesa Location?

  8. Karina

    Where can I get my tax form 1098-T?

    • Hi Karina. Students will be receiving a paper statement in the mail. They will be mailed by January 31st and should arrive within 7-10 business days. If you haven’t received it by mid-February, please let us know. Thanks!

  9. Kimberly navy

    Hi, I haven’t received my 1098-T. What can I do?

    • Hi Kimberly. If you have not received your form yet, please visit http://www.ecsi.net/taxinfo.html and follow the instructions under the section “How can I get my login information if I do not know it?”. Please let us know if you are having difficulty with this. Thank you.

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