Employees receiving income from the University in salary, stipend, or fellowship must report taxable income.
Below we have a listing of University Tax Documents, dates, and issuing departments:
|
Tax Document |
Date Issued |
Purpose |
Population Issued |
Issuing UChicago Department |
|
W-2 Wage and Tax |
1/31 – Annually |
Statement of Wages and Tax Withholding for Tax Year to file income. |
Students who received wages/compensation from the University. |
|
|
1042-S Foreign US (United States) Income Subject to Withholding |
3/15-Annually |
Statement of Income and Tax Withholding for Non-Resident Aliens to file income, or Resident Aliens to claim tax treaty benefits. |
International students who have US income are subject to reporting/withholding. |
|
|
1099 – Miscellaneous Income |
1/31-Annually |
Statement of payments, not considered to be wages (i.e., rent, royalties, prizes and awards, independent contractor work) to file income. |
Students with income were not considered wages. |
|
|
1098-T – Tuition Statement |
1/31 – Annually |
To claim an eligible Tax Credit or Deduction under the AOTC or Lifetime Learning Credit. |
These are issued to students who have a TIN/SSN on file in my.UChicago Portal. |
|
|
1098-E –Student Loan Interest Statement |
1/31- Annually |
To claim an eligible Tax Deduction. |
Issued to students who have paid more than $600 in interest on an educational loan. |
Bursar for Institutional and Perkins Loans Federal Loan Servicer for Guaranteed Student Loans |
|
1095-B Health Coverage |
1/31-Annually |
To document Heath Insurance Coverage. |
These are issued to students who carry USHIP coverage. |
Tax Document issuing dates remain the same regardless of the academic year.”