February Compliance Reporting

Student Loan Interest Reporting

26 U.S.C. § 6050S; 26 CFR 1.6050S-3 and 26 CFR 1.6050S-4T (see 67 Fed. Reg. 20901 final and temporary regulations)

Lenders, including most colleges and universities that participate in the Perkins Loan Program or operate institutional loan programs, must report student loan interest payments to the IRS on or before February 28, or March 31 if filed electronically.

Tuition Payment Credit Reporting Requirements 

26 U.S.C. § 6050S; 26 CFR 1.6050S- 2T 

Form 1098-T must be filed with the IRS by February 28 (or March 31, if filed electronically) of the year following the calendar year during which payments were received.

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