<p>It occurred to me that the FAFSA experts already spoke about this - they corrected the submitted form and updated the EFC.</p>
<p>Anyway, I googled this, and it was easy to find. On <a href=“http://ifap.ed.gov/fsahandbook/attachments/1011AVGintro.pdf[/url]”>http://ifap.ed.gov/fsahandbook/attachments/1011AVGintro.pdf</a>, “Changes for 2010-2011”, there is this sentence: “On page 21 we noted that the first-time homebuyer tax credit of 2009 counts as untaxed income on the FAFSA.”</p>