<li> If it is a one-parent household, are the answers the same (ie. does income = wages, salaries & tips) for both these questions?</li>
</ol>
<p>a) Enter your parents’ 2006 wages, salaries, and tips they reported on their 2006 IRS Form 1040, line 7 or 1040A, line 7 or 1040EZ, line 1.</p>
<p>b) Enter the income parent 1 (as defined in PD-105) earned from work in 2006.</p>
<li> Should 529’s held for student’s siblings in the parent’s name be reported in both of these questions?</li>
</ol>
<p>a) Enter the total value of parents’ assets held in the names of the student’s brothers and sisters who are under age 19 and not college students.</p>
<p>b) What is the total current market value of your parents’ investments?</p>
<p>Thanks, EM</p>