<p>I just popped into Fafsa to change the answer that I had filed my taxes,</p>
<p>and how do I know what else to fill out? Question 33 has me baffled. Mind you,</p>
<p>I thought I was done with FAFSA save for verifying my guesstimates of income</p>
<p>and changing the answer to reflect I had filed my taxes.</p>
<p>D is not filing a tax form, but do I even have to answer this section? </p>
<p>Not sure how to do corrections -- there were two items with Assumed values that I corrected even though the assumed values were correct.</p>
<p>How do I know what to answer for D. Yes, she would be eligible to file a 1040A, I suppose,</p>
<p>but not becauase she owes tax or has any income except for $400 summer job.</p>
<p>Thanks!</p>
<p>Found the blue circles on the View SAR function</p>
<p>but still am baffled about 33, 34, and 35. D won't file this year but if she did, would</p>
<p>file a 1040A. But it wouldnt make sense for her to file!</p>
<p>Maybe list which questions those are so people can answer more quickly- without going to the FAFSA to see :)</p>
<p>33 -- Student Filed 2008 Income Tax Return?</p>
<p>34 -- Student's Type of 2008 Tax Form Used</p>
<p>Student Eligible to File a 1040A or 1040EZ</p>
<p>and then it asks about tax paid, exemptions, and assets.</p>
<p>I am trying to figure out why I did not answer these the first go round;</p>
<p>if I was given the option to skip them, like I was my own.</p>
<p>My D is a dependent who earned 400$ from a summer job and has no other assets or income save for a small savings account of $175.</p>
<p>Step Two, Q. 33, is asking the student (not you), "have you filed your taxes." Since your D is not going to file, she should select the third answer, "I'm not going to file" and skip to Q. 39. See page 4 at <a href="http://www.federalstudentaid.ed.gov/docs/color_English_fafsa_2009-2010.pdf%5B/url%5D">http://www.federalstudentaid.ed.gov/docs/color_English_fafsa_2009-2010.pdf</a></p>
<p>I'm not a tax adviser, but IMHO your D should file a 1040EZ or 1040A even though the taxes owed will be $0. It's to your advantage to officially and permanently document your D's income and taxes. That way the IRS nor the Fin Aid Officer can't question what you D earned, it removes all doubt.</p>
<p>
[quote]
Student Eligible to File a 1040A or 1040EZ
[/quote]
</p>
<p>I'm not a tax adviser, but I stayed at a holiday inn last night ...</p>
<p>If your daughter does not have to file, then in general, she should be eligible to file the 1040A. The one major exception is if she has capital gains (other than distributions). $1 of capital gains would require the 1040 in order to fully report her income.</p>
<p>The 1040A would not give you all the deductions you can take on the 1040, but the question is "eligible", not "most beneficial". Since you are not required to take deductions, you are "eligible" to file the 1040A and not take the deductions.</p>
<p>
[quote]
It's to your advantage to officially and permanently document your D's income and taxes.
[/quote]
</p>
<p>I'm not sure you have to file taxes to "officially and permanently document" income and taxes. This is already done ON your daughter's W-2 forms.</p>
<p>My daughter probably won't file a federal return either this year. She simply doesn't have to. She won't file a state return this year as she is not required to do so either.</p>
<p>She will STILL have her W-2 forms and if we are selected for verification, she will have those to send in...but no tax return...not required in her case.</p>
<p>Even if not required to file, make sure to do so if any taxes were deducted to get those refunds.</p>
<p>I corrected. I put her earnings, her 1040A eligibility, even though she isn't filing, and her small savings account balance. It's all there. I corrected my income with my W2s and my Will File Status changed to Already Filed, so I am hoping we are good to go and that the financial aid offer arrives soon and is not any different than the preliminary estimate received last month.</p>
<p>The EFC is still zero.</p>