<p>I just received a notice that an update to our FAFSA was processed. I thought this odd, since we filed the final figures ten days ago and were already notified that they were processed. When I went to check, the correction history says that "College" made the correction (an adjustment to our earned income). Is this legitimate, or should I be concerned? Can colleges make corrections to your FAFSA when they review it?</p>
<p>Thank you.</p>
<p>yes, they can and they do.</p>
<p>Not only can, have to if they see an error.</p>
<p>Thank you!</p>
<p>Then all the other schools will see the correction that school made? Is there any way of knowing which school made the correction?</p>
<p>I am not sure how changes show up in the student’s side … but most likely, you will see a school code for the school that made the change (if you go to [Home</a> - FAFSA on the Web-Federal Student Aid](<a href=“http://www.fafsa.gov%5DHome”>http://www.fafsa.gov) and log into the FAFSA). I am not certain, though.</p>
<p>Yes, all schools on the FAFSA transaction that was corrected will see the correction. </p>
<p>Income from work is line 7 (+line 13, if you have business income). Often people report this incorrectly (I am not sure why …).</p>
<p>You noted that:</p>
<p>"Income from work is line 7 (+line 13, if you have business income). Often people report this incorrectly (I am not sure why …). "</p>
<p>I believe that business income is reported on line 12, not line 13. That aside, I am confused about the question of whether or not to include such business income as part of :income earned from work" (i.e. lines 86 and 87). I read elsewhere on this forum that
1099 income (i.e. business income) is NOT included on lines 86 and 87. Please advise. Thanks.</p>
<p>These are the instructions for income from work:</p>
<p>
</p>
<p>Business income is definitely included as income from work…hope that helps!</p>
<p>Sorry - typo. Yes, it’s line 12, not 13.</p>
<p>The 1099 amount is probably not the amount you are going to report. Your business income that you report is the amount on line 12 … which is 1099 less qualified expenses. If the amount on line 12 is negative, you treat it as 0.</p>
<p>Thank you, sk8rmom. Those instructions do seem quite clear, and I will follow them accordingly. I was distracted by some comments I read on another thread which raised questions about this item, but your referenced quote is clear. Thanks again.</p>