D. Parent’s Income Information to Be Verified
Note: If two parents were reported in Section B of this worksheet, the instructions and certifications below refer and apply to both parents.
1. TAX RETURN FILERS
Important Note: If the student’s parent(s), filed or will file, an
amended 2012 IRS tax return the student’s financial aid administrator must
be contacted before completing this section.
Instructions: Complete this section if the student’s parent(s)
filed or will file a 2012 income tax return with the IRS. The best way to verify
income is by using the IRS Data Retrieval Tool that is part of FAFSA on the Web. If the student’s parent(s) has not already used the tool, the
parent and the student should go to
FAFSA.gov, log in to the student’s FAFSA record, select “Make FAFSA Corrections,” and navigate to the
Financial Information section of the form. From there, follow the instructions to determine if the parent(s) is eligible to use the IRS Data
Retrieval Tool to transfer 2012 IRS income tax information into the student’s FAFSA. It takes up to two weeks for IRS income information to
be available for the IRS Data Retrieval Tool for electronic IRS tax return filers, and up to eight weeks for paper IRS tax return filers. If you
need more information about whether or how to use the IRS Data Retrieval Tool see the student’s financial aid administrator.
Check the box that applies:
The student’s parent has used the IRS Data Retrieval Tool in FAFSA on the Web to transfer 2012 IRS income information into the
student’s FAFSA, either on the initial FAFSA or when making a correction to the FAFSA. The student’s school will use the IRS information
transferred into the student’s FAFSA to complete the verification process.
The student’s parent
has not yet used the IRS Data Retrieval Tool, but will use the tool to transfer 2012 IRS income information into the
student’s FAFSA once the parent’s IRS tax return has been filed. See instructions above for information on how to use the IRS Data
Retrieval Tool. The student’s financial aid administrator cannot complete verification until the parent has transferred IRS information
into the student’s FAFSA.
The parent
is unable or chooses not to use the IRS Data Retrieval Tool, and the parent will submit to the student’s school a copy of the
parent’s 2012 IRS tax return transcript(s)—not photocopies of the income tax return. To obtain an IRS tax return transcript go to
www.IRS.gov and click on the “Order a Return or Account Transcript” link, or call 1-800-908-9946. Make sure youorder the “IRS tax
return transcript” and not the “IRS tax account transcript.” The parent will need his or her Social Security Number, date of birth, and the
address on file with the IRS (normally this will be the address used when the 2012 IRS tax return was filed). It takes up to two weeks for
IRS income information to be available for electronic IRS tax return filers, and up to eight weeks for paper tax return filers. If the parents
are married, and separate 2012 tax returns were filed, 2012 IRS tax return transcripts must be submitted for each parent.
Check here if an IRS tax return transcript(s) is attached to this worksheet.
Check here if IRS tax return transcript(s) will be submitted to the student’s school later. Verification cannot be completed until
the IRS tax return transcript(s) has been submitted to the school.
2. TAX RETURN NONFILERS
Complete this section if the student’s parent(s) will not file and
is not required to file a 2012 income tax return with the IRS.
Check the box that applies:
The parent(s) was not employed and had no income earned from work in 2012.
The parent(s) was employed in 2012 and has listed below the names of all the parent’s employers, the amount earned from each
employer in 2012, and whether an IRS W-2 form is attached. Attach copies of all 2012 IRS W-2 forms issued to the parent(s) by
employer(s). List every employer even if they did not issue an IRS W-2 form. If more space is needed, attach a separate page with the
student’s name and Social Security Number at the top.
Employer’s Name 2012 Amount Earned For Whom? IRS W-2 Attached?
Pro Auto $980 Father Yes
3