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The FAFSA form asks for income and taxes paid according to lines on the IRS tax forms for 2019, the “base year” for 2021–2022. Data from the completed tax year is used as a predictor of the family’s financial situation for the current year.
Students and parents who have filed their 2019 federal tax return may be able to use the IRS Data Retrieval Tool to easily, accurately and securely transfer their tax information into the FAFSA form. Sign your FAFSA form with an FSA ID! StudentAid.gov/fsaid. Your FSA ID allows you to electronically sign your FAFSA form.
9 Αυγ 2023 · The Free Application for Federal Student Aid (FAFSA) bases income and tax information on a specific year’s federal income tax returns, the prior-prior year. You cannot substitute income and tax information from a more recent year even if the information is available.
Finalized federal income tax information should be provided using the FAFSA IRS Data Retrieval Tool. Students and parents may transfer their data from the IRS directly into their FAFSA. Finalized tax information is available after your tax return has been received and processed by the IRS.
following information to complete the FAFSA application: Your social security number (SSN) Your name and date of birth must match your records with the Social Security Administration Your 2019 federal tax return (IRS Form 1040 or foreign tax return) Your 2019 W-2 forms and other records of money earned in 2019 (if any)
3 Σεπ 2024 · Use the IRS Data Retrieval Tool to input tax return information into the Free Application for Federal Student Aid (FAFSA) form.
Having the following information and forms on hand will help you fill out the 2022-2023 FAFSA: WHY USE PRIOR-PROIR TAX YEAR INFORMATION? By using two-years prior tax information on the FAFSA, it will increase the forms accuracy and give families an earlier and more accurate idea of their anticipated financial aid and college costs.
