tax statements in late April

[prjiki]

<p>If I cannot submit my parents' income/tax statements until the END of APRIL to IDOC, I am at a disadvantage? Do schools use up their fund by that time and have not much left for me, even though I sent CSS and clearly show f/needs?</p>

[D_yer_Maker]

<p>This deserves bumping…</p>

<p>…partly because my answer here needs to be subjected to the critical eye of those who know:</p>

<p>Perhaps your IDOC submission can include a draft tax return using estimates for whatever entries are holding up the return. Then, by the time your return is ready, you should know which specific college will be the one to get your actual return. I don’t think you can submit an update to IDOC but that one college should be able to take the return directly for a matriculating student.</p>

[prjiki]

<p>^Many thanks!!! I had initialy thought I would not send IDOC anything and wait until the end of april but then called IDOC multiple times and decided, exactly as you advise, that I now send IDOC the draft or my dad’s employer documents that state my dad’s income/tax, and later submit the finalized statements to particular colleges.</p>

[susgeek]

<p><a href=“Institutional Documentation Service (IDOC) – CSS Profile | College Board”>Institutional Documentation Service (IDOC) – CSS Profile | College Board;

<p>

Q: We cannot meet the deadline for filing our information with IDOC. What do we do? </p>

<p>A: Return the documents requested to the College Board as soon as possible. Contact the college(s) and program(s) that requested the information and explain your circumstances. </p>

<p>Q: What are the consequences of returning the information required by my college or program after the deadline indicated in my IDOC Requirements? </p>

<p>A: You must contact your college’s financial aid office to determine the consequences of returning documents after the listed deadline. The deadline in your IDOC Requirements is the earliest deadline provided to the College Board from among the colleges and programs to which you have applied. Some of your college(s) or program(s) may have a different deadline.

</p>

<p>I wouldn’t call the College Board (IDOC) but the schools you are applying to.</p>

[thumper1]

<p>You might very well be at a disadvantage if you submit your documents LATE to your colleges. There are some schools that review completed applications FIRST and then do the late arrivals with what is left. Some schools will not review your financial aid package AT ALL until all your documents are submitted. Some schools will give you an estimated financial aid award but WILL change it when your final documents are submitted. </p>

<p>As I’ve posted a number of times…these deadlines have been on the college websites since OCTOBER at least. AND the deadlines for the previous year was there prior to that. It’s was not a secret what the deadlines are.</p>

<p>Call your schools…but you will need a GOOD REASON for filing late. “We don’t DO our taxes until April” OR “My parents can’t get them done until April” will not suffice. You will need to tell them WHY this is the case. Examples…some self employed folks actually cannot complete their taxes because they don’t HAVE the necessary documentation. But if your family members are employees with W-2 forms and that income only, they had their info by the first of February.</p>