<p>Whoa. I hope that “family owned” biz ends up applying to me! I have an S Corp business. So all profit is considered income by the government and subject to income tax. So…while it “appears” I make money…I pay nearly all of it back in taxes. I haven’t filled out a FAFSA for yet, so I’m sure it is complex enough to take into consideration most situations. I’m still nervous.</p>