<p>I had submitted an estimated CSS PROFILE in November, but some things changed, and I wanted to update it. Our savings decreased quite a bit, and a 2010 estimate was waay off, so I want to update this ASAP.</p>
<p>Anyways, I have 1 problem. When I submitted the PROFILE, we said my parents would fill out the 1040 tax form (that's what it was in 2008). However, we ended up filling out and filing the 1040 A form. Do I still just print it out and make corrections with a pen? I guess it will be harder for me to make sure everything is correct, but what other choice do I have, right?</p>
<p>Also, since I filed the original PROFILE in November, mailing this in now won't affect any priority dates, right? Even if it gets to my college after the Feb 15 priority date, I'll still have made the deadline since I submitted the original a long time ago?</p>
<p>Thanks very much for the help!!</p>
<p>EDIT: 1 more thing. Do you think I should include some letter explaining that this is the updated PROFILE info or something? Or is it obvious, and I should just mail the single corrected PROFILE sheet?</p>
<p>Yes, you can print the CSS Profile and cross out the things you need to correct. Write in the corrected information. (You can do this for the question that asks what tax form your parents filed, too. Cross out 1040 and write in 1040A.)</p>
<p>Then send the corrected copy directly to the financial aid office of the college(s) you originally submitted it to electronically. I would send a cover letter explaining this is a corrected copy, updating the one you submitted electronically last November.</p>
<p>Having submitted it electronically in November would fulfill any upcoming deadlines, but I’d still try to get the corrected one in as early as possible, especially if, as you say, the estimated figures were way off.</p>
<p>You need to check whether assets are updated on the Profile as well as accurate information from the 2009 tax form. I know that on the FAFSA, the assets are as of the date of the INITIAL filing of the form. Any updates are only for information from the completed tax return…not changes to the amounts in your savings/checking/CDs etc. When you completed your Profile, you were supposed to put in the balances in those accounts as of the date of FILING that Profile.</p>
<p>To be honest, that your accounts are now less might be something that is not supposed to be changed on the Profile. BUT I suppose that since you are handwriting it in, they school can choose to ignore those fields if they were not supposed to be changed.</p>