- Paying for College
- Grants & Loans
- Working through College
Federal Student Aid and the Internal Revenue Service collaborated to develop a solution that simplifies FAFSA completion. The IRS Data Retrieval tool will allow Free Application for Federal Student Aid (FAFSA) on the web applicants to request and retrieve their income and tax data from the IRS. The IRS Data Retrieval Tool allows students and parents to access the IRS tax return information needed to complete the FAFSA. Students and parents may transfer the data directly into their FAFSA.
If you are eligible to use the IRS Data Retrieval Tool, we highly recommend using the tool as it is an easy way to provide tax data and ensures FAFSA has accurate tax information. Please note, if you do not use the IRS Data Retrieval Tool to provide tax information, you may be required to obtain an official tax transcript from the IRS.
For the 2013-2014 academic year, the IRS data retrieval process is tentatively scheduled to be available in February 2013.
For 2014-2015, applicants filing an initial or renewal application or making a correction are eligible to use the IRS Data Retrieval tool if he or she meets all of the following criteria:
The following list represents who can not use the IRS Data Retrieval tool for 2014-2015:
Since you can complete the FAFSA beginning January 1st (of the year for which you need aid) and because financial aid is awarded on a first-come, first-served basis, you still have the option of estimating taxes for the FAFSA and manually entering your data. Starting around April 1, 2013, Federal Student Aid will send notifications to remind you that once you have filed your income tax return, you should use the FAFSA corrections process to update your FAFSA using the FAFSA IRS Data Retrieval process.
If you choose not to use the FAFSA IRS Data Retrieval process or retrieve IRS data but subsequently change it, you will need to explain to your institutions why information you provided is more accurate than the information that would have been obtained directly from the IRS. If you elect to not use the retrieval process, you will be subject to being selected for verification. If selected for verification, you will be required to support your reported FAFSA data with information obtained directly from the IRS. For more information about the IRS Data Retrieval tool, please visit www.fafsa.ed.gov.
If you did not file a Federal IRS tax return, you cannot use the IRS Data Retrieval Tool because there is no information on file with the IRS for you to view and transfer.
If you filed both a Federal IRS tax return and a Puerto Rican or foreign tax return, you will only be able to view and transfer your Federal IRS tax return information if you link to the IRS Web site. Therefore, your IRS tax return information may not completely reflect what you need to report on the FAFSA.
If you are married and filed taxes separately from your spouse, you will only be able to view and transfer your own tax return information if you link to the IRS Web site. Therefore, your IRS tax return information may not completely reflect what you need to report on the FAFSA.
The IRS Data Retrieval Tool allows users to link to the IRS Web site and securely transfer original IRS tax return information into their FAFSA, but not amended tax return information. Therefore, your IRS tax return information may not completely reflect what you need to report on the FAFSA.