Fafsa question help please & thankyou?

Paying for College
1

<p>FAFSA QUESTION HELP PLEASE & THANK-YOU?</p>

<p>I DO NOT LIVE IN AMERICA.
I AM AMERICAN WITH DUAL CITIZENSHIP.
I LIVE WITH MY DAD WHO IS NOT AMERICAN.
HE'S MARRIED. MY STEPMOTHER IS A HOUSEWIFE.
SHE DOES NOT NOW NOR HAS SHE EVER HAD A JOB.</p>

<p>THE FOREIGN TAX RETURN FORMS IN MY COUNTRY IS DIFFERENT FROM THE US FORMS. BELOW I'VE MANAGED TO REPLICATE MY DAD'S TAX RETURN FORM AND PAY STUB AS OF THE YEAR 2009. WE'RE EXPECTING TO RECEIVE THE 2010 FORM SOMETIME NEXT WEEK. AND I FULLY INTEND TO MAKE APPROPRIATE CHANGES THEN NEVERTHELESS TILL THEN I'M USING WHAT I HAVE AVAILABLE TO ME AT PRESENT.</p>

<p>CAN SOME ONE IDENTIFY THE FOLLOWING TERMS FOR THE INCOME ESTIMATOR PAGE:
$<strong><em>.00 Wages, salaries, tips, etc.
$</em></strong><strong><em>.00 Interest Income
$</em></strong><strong><em>.00 Dividends
$</em></strong><strong><em>.00 Other taxable income (alimony received, business and farm income, capital gains, pensions, annuities, rents, unemployment compensation, social security, railroad retirement, and all other taxable income)
$</em></strong>.00 IRS-allowable adjustments to income (payment to IRA and Keogh Plans, one half of self employment tax, self-employed health insurance deduction, interest penalty on early withdrawal of savings, alimony paid, and student loan interest deduction)</p>

<p>FORM REPLICA I'VE PROVIDED:
<a href="http://localhostr.com/file/tfX0rHW/blahblabah.jpg%5B/url%5D"&gt;http://localhostr.com/file/tfX0rHW/blahblabah.jpg&lt;/a>
<a href="http://localhostr.com/file/LMjWQ4V/blahblaa.jpg%5B/url%5D"&gt;http://localhostr.com/file/LMjWQ4V/blahblaa.jpg&lt;/a&gt;&lt;/p>

<p>THIS IS MY FIRST TIME FILING THE FAFSA AND ANY ASSISTANCE PROVIDED IS WOULD BE OF GREAT HELP TO ME. I'M REALLY DESPERATE BY THIS POINT IF YOU COULDN'T TELL. AND I QUITE LITERALLY HAVE NO ONE TO TURN TO FOR GUIDANCE REGARDING THIS KIND OF STUFF...</p>

2

<p>Wages, salaries, tips – refers to money earned from working a job</p>

<p>Interest income – money received as interest on certain investments (savings accounts are the most common) or on money your parent loaned someone else. “Interest” means the person who owns the money (the saver or the lender in the two examples I’ve listed) gets paid back a little more above the value of the savings or the loan. This little more is paid to them because they are letting someone else (the bank or the borrower) use their money for a while.</p>

<p>Dividends are money earned with investments such as stocks… there are other things, but stocks are the most common.</p>

<p>The last two items on your list are more complicated because they lump together a lot of different things, but the main thing you need to know is if the only money your father and your step-mother get is from work, interest, or dividends, then you don’t need to be concerned with any of the items under “other taxable income.”</p>

<p>The adjustments question (your last one) is asking about any money your father or stepmother have put into a retirement account, alimony paid, or if they are self-employed. If those things apply to them, then let us know and we’ll help you untangle the rest.</p>

3

<p>This is the 2009 Tax Form. <a href=“http://localhostr.com/file/LMjWQ4V/blahblaa.jpg[/url]”>http://localhostr.com/file/LMjWQ4V/blahblaa.jpg&lt;/a&gt;
This is the 2009 Pay Stub. <a href=“http://localhostr.com/file/tfX0rHW/blahblabah.jpg[/url]”>http://localhostr.com/file/tfX0rHW/blahblabah.jpg&lt;/a&gt;&lt;/p&gt;

<p>Using the aforementioned documents I have been somewhat assuredly able to identify…:
the $<strong><em>.00 Wages, salaries, tips, etc… as the GROSS EARNINGS $70336
the $</em></strong><strong><em>.00 Interest Income as $ 0
the $</em></strong><strong><em>.00 Dividends as $ 0
the $</em></strong><strong><em>.00 Other taxable income as $ 0
(alimony received, business and farm
income, capital gains, pensions,
annuities, rents, unemployment
compensation, social security, railroad
retirement, and all other taxable income)
the $</em></strong>.00 IRS-allowable adjustments as Total Deductions $41704
to income (payment to IRA and Keogh Plans,
one half of self employment tax, self-
employment tax, self-employed health
insurance deduction, interest penalty on
early withdrawal of savings, alimony paid,
and student loan interest deduction)</p>

<p>In truth, I think I’ve got it though I can’t be sure…
The alarming amount of zeros I’ve entered has raised concern as to whether or not I have accurately answered these questions. As a result I’m hoping that you are able to verify my answers or perhaps correct any mistakes I’ve made</p>