Help me understand how Lower income but Frugal Savers are being penalized by NEW College formula...

as it should be… . it seems they do not list this at all on the Tax transcript …only the adjusted gross income.

We don’t do our taxes (used to until they started going to college -then I got worried , what if we make a mistake & it holds us back from doing the fafsa)…

So then…we never go by line 1 on the W-2 form…(which is pretty much Adjusted Gross- for us anyway)… but line #18 on the Form W-2 …