There is a question - Enter the total current value of this parent’s tax-deferred retirement, pension, annuity, and savings plans. Include IRA, SRA Keogh, SEP, 401(a), 401(k), 403(b), 408, 457, 501© plans, etc.
what do I need to write in this ? My parents do not belong from US.
I would say 0 - since you are not using a 2015 tax return to tie into your FAFSA/CSS profile.
Did your parents contribute to a tax deferred retirement plan in 2015? If so, you put that amount in. If not, you put $0.
It doesn’t matter what country your parents are from.
Is this the amount that my parents earned in the year 2015 ?
No there is a separate line for income. This is asking about retirement savings that don’t get taxed when your parents put the money in the account. If they don’t have this kind of savings then put 0.
There is a line about income. You put your parent income on that line.
There is another line for contributions to tax deferred retirement accounts. You put those contributions, if any, onnthat line.
My mom is housewife. what do i need to put in this line?-Is this parent self-employed or unemployed?
I have so many doubts in this form. I need a help. please.
Your mom is not employed.
there are three options.
yes unemployed
yes selfemployed
no
so which one might be right?
Check those options again…
They should be
Yes…employed
Yes…self employed
NO
Your mom is not employed.
There’s a really good video on YouTube on how to fill out the FAFSA. If my link doesn’t work search for “Khan Academy FAFSA.”
2015 Parent Tax Data Retrieval or IRS Tax Return Transcript
Description: Because you have been selected for verification, you will need to submit appropriate documentation of your parents’ 2015 Federal tax information (if applicable) with your verification worksheet to the One Stop-Financial Aid office as soon as possible.
Next Steps: If the parents named on your FAFSA are Federal tax filers and have filed 2015 Federal tax returns, please return to your 2016/2017 online FAFSA at www.fafsa.gov and have them authorize the IRS Data Retrieval OR have them obtain an official IRS Tax Return Transcript at www.IRS.gov to be submitted with your verification worksheet to complete the verification process. We are no longer allowed to accept copies of the Federal tax return.
Needed Nov 16, 2016
2015 Student Tax Data Retrieval or IRS Tax Return Transcript
Description: Because you have been selected for verification, you will need to submit appropriate documentation of your and your spouse’s (if applicable) 2015 Federal tax information with your verification worksheet to the One Stop-Financial Aid office as soon as possible.
Next Steps: If you are a Federal tax filer and you have filed 2015 Federal tax returns, please return to your 2016/2017 online FAFSA at www.fafsa.gov and authorize the IRS Data Retrieval OR obtain an official IRS Tax Return Transcript at www.IRS.gov to be submitted with your verification worksheet to complete the verification process. We are no longer allowed to accept copies of the Federal tax return.
what do i need to do? My parents dont file the tax of USA… They are in Another country and I came here last december and i also didnt work on 2015 . So i didnt filed the tax either.
What is your and your parents’ U.S. citizenship status?
I am a permanent resident of USA but my parents are not. They are foreign citizens.
You need a verification of non-filer letter for yourself from the IRS to submit for verification.
https://www.irs.gov/individuals/tax-return-transcript-types-and-ways-to-order-them
Very helpful, but this student is asking questions about the Profile.
OP, if your mother does not receive money for working, either from an employer or from her own business, than you answer the question saying that she is unemployed.
My parents arenot from USA so what do i supposed to write in this questions?
At any time during 2014 or 2015 did your parent(s) receive Supplemental Nutrition Assistance Program (SNAP)/food stamp benefits? PH-130
At any time during 2014 or 2015 did anyone in your parent(s) household receive free or reduced price lunch? PH-131
At any time during 2014 or 2015 did your parent(s) receive Women, Infants and Children Program (WIC) benefits? PH-132
Help for question PH-135 As of today, are either of your parents a dislocated worker?
The questions require a “yes” or “no” answer. If the answer is yes, select yes. If the answer is no, select no.