Number Of Exemptions

<p>I completed the FAFSA about a month ago and I think I might have made an error. On the IRS 1040 the FAFSA listed 6 exemptions in my family. My dad told me to include him making that a total of 7 even though it didn't have his name under the exemptions. Is that correct?</p>

<p>No, 6 is correct. If that was what was on the form (an official document, may I remind you) then that's what it should be kept as. Because, if you were ever asked for proof of exemptions, you would give the form....which says 6.</p>

<p>You can make corrections, you know. "Make Corrections to a Processed FAFSA"</p>

<p>Wow, well with the deadline being tomorrow would this affect the amount of financial aid I would receive? And when would the school receive the corrections? I applied for a Cal Grant, so what would m status be after the corrections?</p>

<p>I don't know what your status would be, and I'm not sure if exemptions affect the amount of your financial aid. I'm just saying what I would do. My Dad looked at the paper, exemptions said 3, so we put down 3.</p>

<p>I'll wait for the experts to come in here and post.</p>

<p>What question on the FAFSA are you asking about? If it's number in household, that is not the same as exemptions on a tax form. The number in household is the number of people that your parents support at least 50%. That includes them, you, your siblings if the siblings are supported by your parents at least 50%, and any other people in your household they support at least 50% (for example, a grandparent who does not receive social security). It doesn't matter whether or not these people are listed as exemptions on the tax form.</p>

<p>The number of people in our household is 10. The number of exemptions listed on the 1040 was 6. I listed 7 for the number of exemptions on the FAFSA because my dad told me to include him even though his name wasn't under the exemptions. So what would happen if I didn't make a correction?</p>

<p>Never mind ... I checked the FAFSA on the Web Worksheet. You do have to write # of exemptions. You have to use the # on line 6d. If your answer to that question doesn't match what is on your FAFSA, just go in & update it and send the correction. I am not sure how much that actually affects your EFC, to be honest. You'll know how it affects your EFC after you make the correction. I don't think it will make a difference, but report back & let us know if it changed anything.</p>

<p>Neptun3, I'm curious - who did you include in your household who is not on the 1040?</p>

<p>Crap, I'm nervous now. In order to receive a Cal Grant it requires you "submit" the FAFSA by March 2nd (tomorrow!). Does that mean it has to be processed again by that date? And that I need my SAR confirmed? What would happen if I left it how it is?</p>

<p>
[quote]
I completed the FAFSA about a month ago and I think I might have made an error. On the IRS 1040 the FAFSA listed 6 exemptions in my family. My dad told me to include him making that a total of 7 even though it didn't have his name under the exemptions. Is that correct?

[/quote]

If you are talking about the number of exemptions on the tax return 7 is probably correct. Your Dad is also an exemption. The exemptions include the person (or people) who are dong their tax returns. So if the return is just in your Dad's name (no Mom on the return?) the number of exemptions would be himself plus any dependents he is claiming. He is not listed as a dependent but is an exemption. So if he has 6 dependents listed then the exemptions would be himself + 6 = 7.</p>

<p>Neptun3, did you look at the 1040?? Check line 6d. You may have the correct #. Check before you panic!</p>

<p>You got your FAFSA in on time. You are fine. Minor adjustments should not keep you from being considered "on time."</p>

<p>I included my father.</p>

<p>My father is widowed. Well, what made me create this thread is that I was looking at the FAFSA application you print out after you complete it and I looked at "Parent's" 2008 Exemptions Claimed. It doesn't say number of exemptions but "Parent's" 2008 Exemptions Clamed.</p>

<p>Oh....well that's okay then, isn't it?</p>

<p>Ok, I'm glad I do not need to change anything. Thanks guys for the help.</p>

<p>Again, look at line 6d on the 1040. That is the # that answers that question.</p>

<p>Your dad can claim himself as an exemption in addition to his dependents - so he is one of his exemptions claimed. When you do a tax return you can claim an exemption for yourself as long as you are not claimed on someone else's return. The tax return should show 7 as the number of exemptions (line 6d if it is a 1040 or 1040a. This would be the dependents claimed plus your Dad - all are exemptions.</p>

<p>Yes, on line 6d the number of exemptions is 7.</p>

<p>You are fine then. No correction needed.</p>

<p>That's great.</p>