<p>For the 2006-2007 FAFSA, do we estimate the numbers using the 2004 income tax returns?</p>
<p>Yes, use the 2004 tax returns as a guideline. When your 2005 tax returns are complete and in your possession, you will be able to make changes to your fafsa.</p>
<p>Do I HAVE to make changes. I can't just leave it be?</p>
<p>No, you'll need to update it.</p>
<p>When you complete the FAFSA, there is a question asking if the numbers are actual numbers from your completed '05 tax returns, or if they are estimates and you plan to file your taxes later. When you check the 'estimated' box, it basically flags your FAFSA as an estimate-- and the schools won't finalize your aid until you correct it with the actual numbers.</p>