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1098-T What is it and why do I need it?

An eligible educational institution is required to report to the IRS qualified tuition and related expenses received on your behalf.  You, or the person who may claim you as a dependent, may be able to claim an education credit on Form 1040 or 1040A.  See Publication 970, Tax  Benefits for Education; Form 8863, Education Credits, and the Form 1040 or 1040A instructions for more information.  These forms and publications can be found at www.irs.gov or call the IRS at 1-800-892-1040.