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Are you Eligible to Use the IRS Data Retrieval Tool

The Free Application for Federal Student Aid (FAFSA) is revised to make the form easier to complete and to improve the accuracy of the information provided.

  • You do not have to wait to file the FAFSA.

    • For Incoming students you may use income estimates to meet our priority processing deadline.
  • Applicants are required to use the Link to IRS on the FAFSA. The option becomes available 3 weeks filing a tax return electronically with the IRS (8 weeks if filed via mail). By selecting Link to IRS, your tax-related information is automatically transferred to the FAFSA.

  • Applicants who estimated income on the FAFSA must go back to revisit the application and select “Make Corrections to a Processed FAFSA" to use the Link to IRS.


Are You Eligible to Use the IRS Data Retrieval Tool?

Dependent and Independent applicants (and dependent applicant’s parents) who meet all of the following criteria may be eligible to use the IRS Data Retrieval process:

  • Must have a valid Social Security Number and legal name match,

  • Must have filed a federal tax return, and

  • The following does not apply to the applicant and/or parent(s)’ tax filing and/or marital status:   
    • Married Filing Separately
    • Married Filing Head of Household
    • Filed or will file an amended tax return
    • Filed a Puerto Rican or foreign tax return
    • Marital status from January 1 through May 11 has changed
    • Applied for a 2012 Federal IRS Tax Filing Extension
    • 2012 Federal Tax Return was recently filed

What is Your Next Step?

Applicant and/or Parent Eligible to Transfer Data


Click here to watch a tutorial on how to use the IRS Data Retrieval with your FAFSA.

If the above tax filing or marital status criteria are not applicable to the student and/or parent, he or she is eligible to transfer 2012 tax data from the IRS to the 2013 - 14 FAFSA:

  • Enter Your Federal Student Aid PIN

  • When a married parent needs to provide his or her Federal Student Aid PIN, the FAFSA process will ask which parent is linking to the IRS Web site to determine which parent’s Federal Student Aid PIN is required for the FAFSA.

  • When a student is completing an initial FAFSA, the FAFSA process will ask the applicant to enter their Federal Student Aid PIN before linking to the IRS Web site.

  • Link to Federal Student Aid PIN Options:Link to IRS button with PIN

    • “Apply For A PIN,” for applicants who don’t have a Federal Student Aid PIN; or

    • “I Forgot/Don’t Know My PIN,” for applicants who have a Federal Student Aid PIN


How to Request a Tax Return Transcript

Online Request- Free Charge

  • Available on the IRS Web site at www.irs.gov

  • Follow the instructions to obtain a copy immediately online or by mail.

****Information Below Is Pending Changes. Thanks for your patience****

Tax Return(s) Recently Filed/Tax Data Not Available to Transfer

If the applicant and/or parent recently filed 2012 federal taxes, the FAFSA process will inform the applicant that tax information electronically filed (within the last 2 weeks) or submitted by mail (within the last 8 weeks) may not be available.

Applicant and/or Parent Not Eligible to Transfer Data

When one or more of the first six tax filing or marital status filtering questions above is applicable, the FAFSA process will bypass the option to Link to the IRS and inform the applicant, based on his or her response, that he or she is not eligible to transfer tax data from the IRS to the FAFSA.

If you are ineligible to use the FAFSA Link to IRS feature because of your 2012 tax filing and/or marital status, and your 2013-14  FAFSA is selected for Verification, you will be required to submit the following documentation to verify your reported FAFSA income data:

Status

Required Income Verification for Tax Filers

Married Filing Separately

Signed 2012 Federal IRS Tax Return Transcript for BOTH tax filers.

Married Filing Head of Household

Signed 2012 Federal IRS Tax Return Transcript.

Filed or Will File Amended Return

Signed 2012 Federal IRS Amended Tax Return Transcript *and* a signed 2012 IRS Tax Account Transcript.

Filed Puerto Rican Tax Return

Signed copy of the 2012 Puerto Rican Tax Return.

Filed Foreign Tax Return

Signed copy of the 2012 Foreign Tax Return

 

Marital Status Changed for period January 1, 2012 through May 11, 2013.  This may include one of the following:

Parent of a dependent student whose income is used in the calculation of the applicant's Expected Family Contribution (EFC) if the parent filed a joint income tax return and the parent is married to someone other than the individual included on the joint income tax return.

  • Signed Parents' joint 2012 Federal IRS Tax Return Transcript
  • IRS Form W-2 for each source of employment income received for tax year 2012
  • Step-parent signed 2012 Federal IRS Tax Return Transcript

Parent of a dependent student whose income is used in the calculation of the applicant's Expected Family Contribution (EFC) if the parent filed a joint income tax return and the parent is separated, divorced, or  a widow of the individual included on the joint income tax return.

  • Signed Parents' joint 2012 Federal IRS Tax Return Transcript
  • IRS Form W-2 for each source of employment income received for tax year 2012.

Independent student who filed a joint income tax return and who is married to someone other than the individual included on the joint income tax return.

  • Signed Student joint 2012 Federal IRS Tax Return Transcript
  • IRS Form W-2 for each source of employment income received for tax year 2012 
  • Signed 2012 Federal IRS Tax Return Transcript for spouse

Independent student who filed a joint income tax return and who is separated, divorced or a widow of the individual included on the joint income tax return.

  • Signed Student joint 2012 Federal IRS Tax Return Transcript
  • IRS Form W-2 for each source of employment income received for tax year 2012

 

 

Verification Required and a 2012 Federal IRS Tax Extension Was Filed

When the applicant’s FAFSA is selected for verification but the applicant and/or parent(s) have applied for a 2012 IRS Extension to File:

Submit the following documents by the request date:

  • Fully completed and signed 2013-14 Verification Worksheet.

  • Copy of 2012 IRS Form 4868 – Application for Automatic Extension of Time to File U.S. Tax Return;  copy of the IRS approval of an extension; and/or if applicable, a copy of IRS approval of an extension beyond the automatic six-month extension if the individual requested an additional extension of filing time for tax year 2012.

  • Copy of IRS Form W-2 for each source of employment income and/or a signed statement by a self-employed individual certifying the amount of the AGI and the U.S. income tax paid for tax year 2012.

 

Interim Verification 

Verification is temporarily completed when the above documentation has been received.

 

Final Verification

Verification is not complete until the FAFSA reflects the actual 2012 Federal IRS Tax Return data.  Final Verification is required once the tax return has been filed or before the end of the enrollment period, whichever comes first, or 2013-14 financial aid must be cancelled.

Applicant and/or Parent Eligible to Transfer Data:
Visit www.fafsa.gov/, FAFSA Corrections, 2013-14, and choose the FAFSA Link to IRS feature once your 2012 federal tax return has been processed and the data is available to transfer to your FAFSA.

Applicant and/or Parent Not Eligible to Transfer Data:
If ineligible for the Link to IRS feature, submit a signed copy of your 2012 Federal IRS Tax Return Transcript.

 

Tax Return IRA and Pension Rollovers and IRS Data Retrieval

When you click on Link to IRS within your 2013-14 FAFSA or 2013-14 FAFSA Corrections, you transfer your Federal Adjusted Gross Income, IRS tax paid, Tax Exempt Interest Income, Education Credits, Untaxed IRA Distributions and Untaxed Pensions from your 2012 Federal U.S. Tax Return on the IRS website to your 2013-14 FAFSA.

 

What Tax Return Information Does Not Transfer to Your FAFSA?

The following does not transfer from your tax return.   You must manually enter this information on your FAFSA:

    Choose  “Already Filed/Completed” a tax return;

    Select Tax Return Filed – (1040, 1040A, or 1040 EZ);

    Student, Father, and/or Mother’s Income Earned from Work (wages, salaries, tips, business income).

 

 

What Happens with Your IRA and/or Pension Rollover?

The data retrieval tool does not identify and exclude tax return IRA and/or Pension distributions that have been rolled over into another account.  It will take the IRA/Pension distribution minus the taxable portion of the distribution and enter the result as untaxed IRA and/or Pension on your FAFSA.  This may result in a higher Expected Family Contribution (EFC) than you should have.

 

What Should You Do If You Have a 2012 IRA or Pension Rollover?

  • Do not attempt to correct the information yourself.  By changing any of the tax data, you compromise the data transferred from the IRS. 
  • Provide the following documentation to CCSU Financial Aid Office:

    A written notice/request for a correction to your FAFSA Untaxed IRA and/or Pension Rollover.

    A copy of Page 1 of your Federal IRS Tax Return.

    A copy of IRS Form 1099 from the organization the IRA or Pension was rolled into.

  • As long as you have not compromised the tax data by making changes to your FAFSA, once your documentation is received, it will be reviewed and processed.

 

You Transferred the IRS Data But You Already Updated the Rollover Figures Yourself. Now What Do You Do?

  • Go to www.fafsa.gov, 2013-14 FAFSA Corrections.
  • Select Link to IRS to again transfer your tax data to your 2013-14 FAFSA.
  • Do not make any changes to the transferred tax data.
  • Provide the following documentation to CCSU:

A written notice/request for a correction to your FAFSA Untaxed IRA and/or Pension Rollover.

A copy of Page 1 of your Federal IRS Tax Return.

A copy of IRS Form 1099 from the organization the IRA or Pension was rolled into.

  • Once your documentation is received, it will be reviewed and processed.
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