Fafsa data retrieval tool 2015

WHY EASY: Transfer info with the click of a button. FAST : Instantly retrieve your information. ACCURATE: Correctly fill in your information. HOW to your current FAFSA form or start a new application at fafsa.

It’s the best way of ensuring that your FAFSA has accurate tax return information.

After you have answered the questions, click 2. You can order your taxes by printing them online or requesting them to be mailed to the address on your 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. Utilizing this option saves on time and helps to eliminate mistakes.

Also, it is mandatory if you are selected for verification. Federal Student Aid logo and FAFSA are registered trademarks or service marks of Federal Student Ai U.

Department of Education. Not Signing the FAFSA. So many students answer every single question that is aske but fail to actually sign the FAFSA with their FSA ID and submit it.

You may already have a copy in your files, or your accountant may have one. 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. Once the data is retrieved from the IRS, it can be transferred to FAFSA on the Web (FOTW). Once this data is retrieved from the IRS, it can be transferred to the FAFSA application.

For many, the most difficult part about filling out the FAFSA is entering in the financial information. IRS DRT Instructions. 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 data retrieval tool, which resides on fafsa. FAFSA requiring tax return information online by accessing data from a prior year’s return and populating the FAFSA with that information. This option will streamline and expedite the processing of your financial aid not to mention simplification of completing the FAFSA. FAFSA at this time, you can try again in a week or two or you can manually enter your tax return information. No further consideration of your application will be made.

You may be able to use the tool if you filed your taxes electronically at least two weeks or if you filed on paper at least eight weeks before completing your FAFSA. According to a statement released by the U. Data Retrieval Tool Updates.