<p>I am currently filling the fafsa with my mother. She still hasn't been able to complete her 2012 taxes and won't be able to until mid-February. The fafsa said we were able to use her 2011 forms for now and that we would be able to adjust them later. I was wondering if that meant that we could adjust after submitting the fafsa, or whether I have to wait, then adjust and submit the fafsa.</p>
<p>You sign and submit now with estimates, then update or better use the irs retrieval tool when taxes are done and then sign and submit again.</p>
<p>Using 2011 taxes is fine if the 2012 numbers will be similiar. If there will be large differences it would be better to try and estimate or adjust 2012 from the last pay stub, last bank statements etc.</p>
<p>For now the tax status will be ‘will file’, later you will change it to ‘have filed’.</p>