<p>Filling out the FAFSA is somewhat of a headache, eh?</p>
<p>I've been working on the FAFSA worksheet and I have a couple of questions. </p>
<p>Firstly, on page 6 it says "If you answered "NO" to all the questions in Section 2, skip to page 7." Well, I did answer "no." But does it mean skip to page 7 and go to Q37 (which is the first question on page 7) or skip to Q41? Q37 seems to be a continuation of the section it said to skip.</p>
<p>Secondly, I am so confused regarding my taxes. I work a part-time job and managed to make around $2,100 in 2008. Do I file taxes? I got a W2 from my employer. My parents only give me really vague answers and are unfortunately of little help. A teacher told me I could do them over the telephone. Is there any truth to that?</p>
<p>And thirdly, I did the CSS profile back in October. My college requires you to if you're applying ED. I think it said estimate your father's earnings for 2008 based on 2007 tax forms. So I did, and I added around $2,000 as a kind of guess that my dad would see some sort of wage increase. Well, as a matter of fact, my dad got a really good raise of around $8,000. Is that going to make a drastic change on my FA? I had no idea he would be getting so much more. I mean, it was really unexpected in the midst of the economic meltdown.</p>
<p>Thanks, and you don't have to answer all the questions at once. Any help is appreciated!</p>
<p>has useful information about how to answer the questions.</p>
<p>If you had no other income (earned or unearned) then you did not earn enough to be required to file taxes. However if you had any federal or state taxes deducted from your paychecks you should file as you will be entitled to a refund. It is very easy to do when your taxes are simple. The IRS site has a free file option Free</a> File Home - Your Link to Free Federal Online Filing
which will link you to free online software such as turbotax which will walk you through doing a return and you can file online.</p>
<p>If you did not have any taxes deducted thn just enter your income on FAFSA where it asks for income and say you are not going to file a tax return..</p>
<p>Can anyone answer this question for me…
My husband and I recently separated (not legally). We sold our home and are each renting homes on our own. The money we made from the sale of our home is in our bank account. We are in the process of filling out the FAFSA for our daughter who will be going to college for the first time this fall. We both plan on using that money to divide up and each buy our own place. However, on the FAFSA it is going to appear that we have thousands of dollars to contribute to her college tuition, when actually we won’t. Can anyone give us any advice on this? Thanks!</p>
<p>If you are separated and living in separate households, you may file the FAFSA with the income of the parent with whom the child has lived the most in the past 12 months. If you will be filing jointly for the year, you will split out that parent’s income & prorate taxes accordingly: <a href=“http://ifap.ed.gov/sfahandbooks/attachments/0809AVGCh4.pdf[/url]”>http://ifap.ed.gov/sfahandbooks/attachments/0809AVGCh4.pdf</a> (see page 86 of the pdf). If you are not filing jointly, filing the FAFSA is a bit easier. The parent whose info is being used will have to claim the money in his/her bank account as an asset - there is an asset protection built into the EFC formula (I don’t know how much money you have, though).</p>