Informational Circular 98-P-21 notified each Board of Regents' institution of its responsibility
for determining the applicability of the requirements of Internal Revenue Code Section 6050S to their
institution and for submitting any required forms/reports to the Internal Revenue Service.
Since Regents' institutions will be filing 1098-T forms in conjunction with the requirements of Section
6050S, the 1098-T forms should be filed independent of the Division of Accounts and Reports. Each Regents'
institution will be required to obtain their own Federal IdentificationNumber (FIN) for filing with the
Internal Revenue Service. The State of Kansas federal identification number 48-6029925 should not be used.
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