Irs data retrieval tool

Find Out What Your Refund Will Be Before Filing. Take The Guessing Out Of Taxes. There is a new transcript format that better protects your data.

This new format partially masks your personally identifiable information. Financial data will remain fully visible to allow for tax preparation, tax representation or income verification.

Learn more at About the New Tax Transcript and the Customer File Number. Other articles from studentaid. You indicated that you will file or are not going to file a federal income tax return. This can save the family some time in completing the FAFSA.

Additional security and privacy protections have been added to address concerns that data from the tool could be used by identity thieves to file fraudulent tax returns. To use the Data Retrieval Tool , complete the following steps: Go to fafsa. How to obtain tax transcripts?

It may be used during the initial filing or when subsequent corrections are made to your FAFSA.

Jtypedthisinformationearlieronyourapplication,sodoadoublecheckhere,anifincorrect,youcan correctitherethengobacktoyourdemographic. Most students and parents who filed a U. IRS Data Retrieval Tool. Important tips regarding the Data Retrieval Tool.

Using this tool saves you time and reduces the number of documents that must be submitted to the Office of Financial Aid. A signed and translated copy of foreign tax return must submit to our office are required for those filing a foreign or Puerto Rican tax return. Students and Parents who are not eligible to use the Data Retrieval Tool must request a Tax Return Transcript. Below are some Frequently asked questions about the tool and how to use it. Free for Simple Tax Returns.

Maximum Refund Guaranteed. We highly recommend using the tool for a smoother financial aid process. WHY SHOULD YOU USE THE TOOL ? Guarantees that the most accurate tax information is submitted. Reduces the chance of being asked to complete the verification process. They said as long as they have everything else through FAFSA and IDOC, they will be able to put together a FA award.

The Retrieval Tool will save you time and ensure that your FAFSA is filled out accurately. When is the tool available?

You may retrieve your tax information about weeks after filing taxes electronically and within 6-weeks of filing taxes on a paper form. Who can use the tool ? The DRT is easy, accurate and secure. If your FAFSA is selected for Federal Verification, the tool is the fastest way to confirm your filed tax information. The FAFSA must be completed by all first-time and renewing applicants for college financial. All students are encouraged to use the DRT to ensure that accurate information is provided on the FAFSA.

EASY: Transfer info with the click of a button.