<p>I know that Fafsa and CSS say that if you have not received your tax returns for 2005, then you are to "estimate" the information required.</p>
<p>Now my question is how exactly do you go about "estimating" some of these items? Do you just copy the 2004 information? I'm so confused right now.</p>
<p>hi spets</p>
<p>If your parents income is pretty similar from year to year, I would use the 2004 information. For assets, you can look at end of year statements. Just be sure to edit the information once your parents have completed their 2005 taxes.</p>
<p>The important thing is to get it done before the deadline. Please don't rush as some of the questions are hard to understand at first (my personal opinion).</p>
<p>Good luck.</p>
<p>Even if you haven't received your W-2s yet, you can get your total income from the Y-t-D stuff on your paycheck summaries. Add them up and see how they compare to 2004.</p>