FAFSA: IRS data retrieval tool

<p>I finally got the completed taxes back and need to update the information on the FAFSA I did in "will file" status in February. In previous years I didn't have to use the IRS data retrieval tool; do we have to use it this year? If taxes are filed electronically, how long will it be before the tool is active?</p>

<p>Has your fafsa been selected for verification? If so you need to use the tool, otherwise it’s not required, just update with the actual data. People are saying 7-10 days to use the tool. If you needed to pay with the return, the payment needs to be sent in before the tool will be available.</p>

<p>Thanks for the reply. That makes me so happy! No I wasn’t selected for verification…we don’t qualify for any aid I just fill it out so the kids can get their loans : )</p>