<p>I would like to know if anyone has experienced how long after IRS acceptance of efiled tax return before I can do the retrieval? Submitted my federal tax return electronically and I received the 'return accepted' about 2 days ago. But, it is not recognizing my request for retrieval on the IRS website.</p>
<p>How long do I have to wait? If it is going to be 3 weeks then I might as well start plugging in the final numbers and do it manually.</p>
<p>Thanks for the help</p>
<p>Wait a few more days - giving it a week or two shouldn’t be an issue. If you were selected for verification and were asked to do the retrieval, you have to do it - can’t do it manually (or you would have to get a transcript).</p>
<p>I don’t think I have been selected for verification - or at least I haven’t been notified in any way that I recognize. How do they notify you for verification??? via email? or does it appear as a message somewhere on the FAFSA site after you login?</p>
<p>So, I will wait a little longer before I panic about the IRS Retrieval. I just want to hurry up and get the finalized FAFSA submitted to the schools because I over-estimated a lot on my estimated FAFSA and I want to get the lower confirmed income over to the schools.</p>
<p>It took about a week for the retrieval tool to work for me. If you have an asterisk next to your EFC your Student Aid Report, you have been selected foe verification.</p>
<p>I filed my taxes electronically on Feb 1st and used the IRS retrieval tool yesterday. You have a pin to use it, but the turn around on pin requests was fast(~24 hrs).</p>
<p>Thank you Ruby, sounds like I need to wait about one week before I can do the retrieval. </p>
<p>Where do I see a Student Aid Report? When I log into FAFSA, I just get into my financial information pages.</p>
<p>When you login to fafsa there are two buttons to view processed information, one pdf, one html. That’s the SAR.</p>
<p>Do you know right away whether you have been selected for verification or do you have to keep checking until March 1?</p>
<p>If you have an asterisk next to your EFC on your Student Aid Report, then you have been selected for verification. It is my understanding from previous posts that the schools contact you with the documents that they need for verification purposes.</p>
<p>RubyTuesday2 or anyone else:</p>
<p>Is the PIN to use the IRS retrieval tool a different PIN than we used to file the FAFSA in the first place? Can we request it now before filing tax returns?</p>
<p>So the steps are:
<p>I have an asterisk next to my EFC. Could this be because I put “will file” for mine and my parent’s taxes? I used last years tax information.</p>
<p>Sahp, the PINs are the same to use the tool as the ones to submit the original estimated fafsa. You will use the same PINs for all the years your student files. Change to ‘have filed’ and then use the tool, you can do this in the same session. The tool transfers the IRS info to the fafsa, then you can double check the info transferred but you shouldn’t manually change the transferred info or it will no longer satisfy verification.</p>
<p>Mermaker, most everyone files early with ‘will file’ and then updates later. That’s not why you were selected for verification.</p>
<p>Contrary to your name annoyingdad, thanks for the reply! Really appreciate it as we’re definite newbies to this whole dance. What a party, huh? We keep telling ourselves at least next year it will be only one school since we’ll know where junior ends up (hopefully) :)</p>
<p>What determines if you get selected for verification?</p>
<p>Hi sahp2kids
annoyingdad’s great reply says it all regarding pins-you did get two right? (one for you and one for junior). I have a question, I received this message from College Board
“The financial aid office at one or more of your college(s) or scholarship program(s) collects additional documents, such as federal tax returns, from students and their families through the College Board’s Institutional Documentation Service (IDOC).”
I just sent in the required documents (W2s, 1099s and tax returns) but I was wondering-is this verification or is being selected for verification something else entirely ?</p>
<p>No, it’s just the application process</p>
<p>The term verification refers to fafsa only. The government sets the requirements for completing verification. Generally using the retrieval tool or sending a tax return transcript or filing a non-filers statement satisfies verification but you could be asked for other doc. Additional info through IDOC for profile schools is just that, a request for additional info to back up what’s been entered on profile.</p>
<p>Last year I e-filed in early February, and was able to use the IRS retrieval tool about a week later.</p>
<p>As it got later in the filing season people reported longer delays.</p>
<p>And the big mistake was, if you owed money, scheduling the payment on April 15, because you couldn’t do the link until after the IRS processed the payment, and once the payment was scheduled it couldn’t be changed. So it wasn’t until May that these people could do the link.</p>
<p>Thanks annoyingdad, hopefully I’m done. This whole process is so stressful. Has any one else noticed that every time there’s a major deadline a big storm hits, at least in the Northeast (Frankenstorm, Nemo). What will happen April 1st when we’re expecting the admissions decisions-solar flares that knock out the power grids? I know-postal service strike!</p>
<p>New at this and originally posted this on the wrong thread, any advice or help will be greatly appreciated. E-filed on 2/6 without tax payment. Sent payment check on 2/26 which was cashed on 3/4. Called IRS yesterday and spoke to several people who told me tax return will be processed after 4/15 and possibly not until May. This means I will not be able to use the DRT until May or June. Extremely concerned at this point, does anyone else have a similar problem?</p>