What Is the Importance of a 1098-T Form? How Can It Benefit Your Financial Aid?

Tuition Assistance in Miami

The 1098-T Form is the Tuition Statement that eligible educational institutions file for each student they enroll and for whom a reportable transaction is made. Insurers file this form for each individual to whom they made reimbursements or refunds of qualified tuition and related expenses. Are you a working college student? Have you filed your taxes before in the past? Trust Kerr Koncepts to provide you with the best tuition assistance in Miami. There are important documents that you need save in order to file for taxes, receipts, scholarship information papers, taxes you’ve paid before, etc. In order to avoid overpaying for taxes, maximizing tax deductions, reduce the amount of income that is taxes and other benefits, you need to make sure that you’re getting all the tips needed from a professional. Seeking financial aid help as a student can be overwhelming, which is why you should seek our best tuition assistance in Miami at Kerr Koncepts! Do you live at home still with your parents? Are you planning on claiming as a dependent or independent student? It is essential that you know whether you’re declaring the correct dependency status; for instance, if you claim as an independent you will get a personal exemption aside from a standard deduction. However, you must keep in mind that unless you’re supporting your parents with 50%, then you’re not able to claim your personal exemption. Contact Kerr Koncepts to provide you with all the tuition assistance in Miami needed to find the answers to these questions.

Student Taxing Information

Our vision is to expand our business and improve our members’ return on investment. This is achieved through increased service offerings, and by building a strong customer base. Kerr Koncepts believes that affordable pricing, and dedication to quality customer care and services will sustain a loyal customer base; our proven growth strategy over the years has been primarily through customer referrals. Especially for a student, we are honored to help.

Student Financial Consultation

For our tuition assistance in Miami, call today 305-387-5880.