Please help! Confused with FAFSA question

Paying for College
1

<p>I am revising my FAFSA online.
Confused with one of the questions. This is for the untaxed portion of IRA distribution. The help tip for this line is:</p>

<p>Untaxed portions of IRA distributions from IRS Form 1040-lines (15a minus 15b). Exclude rollovers. If negative, enter a zero here</p>

<p>My tax figures is $18,000 for 15a and $5800 for 15b( $12,200 of it is a rollover).
Since $5800 has been taxed and $12,200 is excluded because it's a rollover, then my answer for this box is zero, am I correct?</p>

<p>Please help!</p>

2

<p>You are correct (assuming it’s a qualified rollover & noted as such on your tax return).</p>

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<p>Thank you, kelsmom!</p>

<p>I really appreciate it.</p>