<p>It looks like you qualify for the simplified needs test on the FAFSA (and exclusion of assets) if your income is under $50k and you're eligible to file the 1040A - even if you choose to file the 1040 instead. Is this right?</p>
<p>Supposedly, Yes. As long as you are not choosing to file it so you can do something like itemizing deductions which would, of course, make you ineligible to file a 1040a. </p>
<p>Even though it says you just have to be eligible I always actually file a 1040a to be safe.</p>
<p>Thanks. I'm asking on behalf of a friend who would really benefit from the simplified needs test if she is eligible.</p>
<p>I am always a bit nervous that filing a 1040 would make us ineligible despite it saying you just have to be 'eligible'. I think anything you file on a 1040 that cannot be filed on a 1040a makes you 'ineligible'. There is an element of choice (as in itemizing - it is a choice but makes you ineligible). Why take the risk. My opinion.</p>