FAFSA - 2009 $2400 Unemployment Deduction

Paying for College
1

<p>Can I deduct the new 2009 $2400 unemployment compensation deduction allowed by the IRS and report the balance of my 2009 unemployment compensation on the FAFSA? I checked the IRS 2009 Form 1040 and the deduction is allowed right where you enter the unemployment compensation before the AGI. Hence the AGI reflects the deduction.</p>

<p>Thanks in advance for any help on this issue!</p>

2

<p>I think you would have to report it under untaxed income. It is not listed as an untaxed item you can exclude on FAFSA.</p>

<p>[Expected</a> Family Contribution (EFC)](<a href=“http://www.fafsa.ed.gov/fotw1011/help/fftoc01g.htm]Expected”>http://www.fafsa.ed.gov/fotw1011/help/fftoc01g.htm)</p>

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3

<p>a few links on this</p>

<p>[Do</a> I need to enter unemployment benefits on the FAFSA? How? - Yahoo! Answers](<a href=“http://■■■■■■■■■■■■■■■■■/question/index?qid=20100212132849AAnhS1m]Do”>http://■■■■■■■■■■■■■■■■■/question/index?qid=20100212132849AAnhS1m)</p>

<p><a href=“http://■■■■■■■■■■■■■■■■■/question/index?qid=20070218171730AA3cEKS[/url]”>http://■■■■■■■■■■■■■■■■■/question/index?qid=20070218171730AA3cEKS&lt;/a&gt;&lt;/p&gt;

<p><a href=“http://www.content101.cn/fafsa/on-the-fafsa-do-i-include-the-amount-of-unemployment-as-part-of-the-amount-earned-from-working-in-2008/[/url]”>http://www.content101.cn/fafsa/on-the-fafsa-do-i-include-the-amount-of-unemployment-as-part-of-the-amount-earned-from-working-in-2008/&lt;/a&gt;&lt;/p&gt;