My AGI from my 1040A is $11,011. $734 of that amount is from a job and the rest is taxable scholarships and grants.
When FAFSA asks me to input my wages, tips, etc. from line 7 or whichever it is on the 1040A, should I be putting what the actual line on the tax return shows, the $11,011, or should I only input the $734 of money I WORKED to make?
Under FAFSA’s Additional Information, it has a spot for scholarships and grants reported to the IRS. This amount is $10,277. When I input that and click continue, it takes me back with an error that says “Verification required: The additional information amount is higher than normal.”
I don’t want to input wrong numbers, but I also don’t want to input 11,011 in wages, since $10,277 of that is scholarships and grants. I wouldn’t have a problem doing that, but FAFSA is asking that I input Line 7 amount for wages, tips, etc., which my return has $11,011.
They’ve told you where to pull the number from. Follow the instructions
The logic is saying The number you put in before is smaller than this one. That is wrong. Follow the flipping instructions. My guess is the logic is trying to subtract the taxable scholarships and it can’t because you put in the wrong numbers.
I believe you put in the 11k in for wages/agi and then the 10k for scholarships. The formula then subtracts work-study + scholarships from the agi reported.