<p>So FAFSA asks for information from 2010 tax returns and stuff but my dad said that he hasn't filed those yet. I think I've heard people say he can use his 2009 tax returns and if so, when he does do the 2010 ones, is he going to have to change all the answers? Thanks.</p>
<p>Also, I got my first job in November, but I’ve only made around $300, so is that enough money to where I have to file my own taxes too?</p>
<p>He can use 2009 as a basis for estimating 2010 figures. If he is aware of any substantial differences between 2009 and 2010 income then the estimates should reflect these (as it will make any tentative FA offer more accurate). yes, he will have to go back and correct the income figures once he actually files his return. Assets should be accurate for the day you first file FAFSA. You are not supposed to estimate and correct them.</p>
<p>If your earned income was only $300 for the year (and you have no unearned income) the you are below the threshold that requires you to file a return. Of course, if they have deducted any taxes you will want to file in order to get that tax refunded to you.</p>
<p>Okay, thank you (:
What is an unearned income though?</p>
<p>Income not earned through a job. For instance interest on money in a bank account.</p>