Understanding 1098-T Compliance
- Form 1098-T is an IRS information return used to report tuition payments and educational credits for students.
- This form plays a vital role in ensuring tax compliance for eligible educational institutions (such as a college, university, vocational school, or other postsecondary educational institution) and certain types of insurers who make reimbursements or refunds of qualified tuition and related expenses.
- If you're an eligible educational institution, you must file a 1098-T form with the IRS for each student you enrolled and made reportable transactions and furnish a copy to the respective student.
Automating 1098-T with
TaxBandits API
Managing 1098-T filings in large volumes requires a lot of time and effort, especially with the risk of potential errors and delays.
This is exactly why automation is a better option!
Meet TaxBandits, your solution for effortless 1098-T automation. Integrate our API into your software or portal and transform how you manage 1098-T filings.
How It Works
Once you’ve integrated TaxBandits API, you can follow the steps below to automate 1098-T.
Generate 1098-T
Use our API endpoints to create 1098-T forms based on the data you send from your software.
E-file with IRS
Once generated, review the forms and transmit your 1098-T forms to the IRS.
Distribute Copies
Furnish the 1098-T copies to the respective students via our postal mailing or online access service.
The 1098-T API Solution Tailored for Everyone!
Educational Institutions
Integrate our API with your existing Student Information Systems (SIS), financial software, or ERP systems and streamline the way you manage 1098-T filings for your students while making the forms easily and securely accessible for them.
Tax Professionals
As a tax professional with your own software or portal, you have the opportunity to enhance your 1098-T filing process by integrating our advanced API. Say goodbye to time delays and embrace a more efficient, modernized approach.
Student Management Software Providers
Enhance your software’s capabilities with our API and provide additional value to your clients. Enable them to manage their 1098-T filings securely in one place and eliminate their need to utilize multiple software systems.
Third-Party Payroll/HR Solution Providers
Expand your services into 1098-T filing by seamlessly integrating your software with our API. This addition can complement your existing suite of services for your clients, enriching their experience while boosting your revenue further.
The 1098-T API Solution Tailored for Everyone!
Educational Institutions
Integrate our API with your existing Student Information Systems (SIS), financial software, or ERP systems and streamline the way you manage 1098-T filings for your students while making the forms easily and securely accessible for them.
Student Management Software Providers
Enhance your software’s capabilities with our API and provide additional value to your clients. Enable them to manage their 1098-T filings securely in one place and eliminate their need to utilize multiple software systems.
Third-Party Payroll/HR Solution Providers
Expand your services into 1098-T filing by seamlessly integrating your software with our API. This addition can complement your existing suite of services for your clients, enriching their experience while boosting your revenue further.
Tax Professionals
As a tax professional with your own software or portal, you have the opportunity to enhance your 1098-T filing process by integrating our advanced API. Say goodbye to time delays and embrace a more efficient, modernized approach.
How to Integrate TaxBandits 1098-T API?
Develop
Sign up for a free sandbox account to begin exploring TaxBandits API.
Test
Simulate the entire 1098-T filing process within a secure sandbox environment.
Deploy
Integrate the API and start your path to an effortless 1098-T filing process.
Ready to integrate TaxBandits API?
Get Started NowPowerful API Tools Tailored for Developers
TaxBandits delivers a developer-friendly API with key resources designed for easy integration and optimal performance.
Clear Documentation
Get comprehensive instructions on how to create, update, and file 1098-T forms using various endpoints.
SDK
Access SDK libraries in Java, Node.js, .NET, C#, and Python to enhance your API integration experience.
Sandbox Environment
Simulate the end-to-end 1098-T filing process in a secure sandbox environment to understand how they work.
Robust Security
With SOC-2 certification, TaxBandits implements stringent security measures to ensure data protection.