Student Tax Information

Education Tax Credits

The Hope and Lifetime Learning tax credits are available to students or parents. Tax credits can be claimed for those paying for post secondary education for themselves, their spouse, or dependent children.

FICA Withholding

FICA’s purpose is to provide income and health insurance for individuals at retirement, as well as payments to children and surviving spouses of those incurring a disability prior to retirement. Under most situations, full-time student workers are exempt from FICA taxes.

Student Loan Interest

Generally, student loan interest is interest paid on a loan used to pay qualified higher education expenses. Student loan interest may be a deduction on an individual tax return.

Reporting Scholarships & Fellowships

Review the description for when a scholarship or fellowship is considered non-taxable income.

Direct Reimbursement

Direct reimbursements to students for tuition paid to another school will be considered the same as payments to another university and treated as a scholarship.

No Work Requirement

Tuition assistance that is not specifically related to work may be excluded from gross income as a qualified scholarship or fellowship.

1098-T Tax Reporting Information

The IRS requires Duke to report, both to the student and the IRS, certain summary financial information for students who meet IRS reporting criteria. This information is provided to assist students in determining their eligibility for certain educational tax credits.

Definition of Non-Resident and Resident Alien

An alien is an individual who is not a U.S. citizen. Aliens are classified as non-residents and resident aliens by the Bureau of Citizenship and Immigration Services.

Payments to Non-Resident Aliens

Duke will supply an IRS Form 1042-S to non-resident aliens who have received certain types of payments from Duke.

Application for IRS Individual Taxpayer Identification Number

This form is used to apply for or renew an IRS individual taxpayer identification number (ITIN) when claiming Exception 2(c), Scholarships, Fellowships, and Grants. This form should be reviewed, signed, and submitted by a Duke Certifying Acceptance Agent Responsible Party following a scheduled meeting between the Responsible Party and student applying for the ITIN.