This column allows you to assign the 1098-T related value to the selected transaction. This value is written to the Transaction History table and prints on the 1098-T Report.
Valid values for 1098-T Reporting are:
· B (1098-T Eligible Box 1 and Box 5 Non-Financial Aid Source Codes)
· C (1098-T Eligible Charge)
· G (1098-T Eligible Grant/Scholarship)
· M (1098-T Manual Adjustment to Box 4)
· N (1098-T Not Eligible)
· P (1098-T Eligible Payments)
Unless the transaction is for a refund, 1098-T values may be created or modified. To do this, right-click in the 1098-T Eligibility column and choose Maintenance Screen.
This column is displayed for all source codes that have been marked as eligible for the 1098-T calculation on the Source Code window. Select the appropriate value from the drop-down list. This list displays values from TABLE_DETAIL with the column name of 1098T_designation.
If the 1098-T Eligibility column is populated on this window, both the Year and Term columns are required.