Home | Careers & Education | College & Graduate | Understanding College Financial Aid

Do I need to have my taxes completed before submitting my FAFSA?

Currently 0.0/5 Stars.
1
2
3
4
5

To properly view this site, javascript must be enabled and Flash version 9 or higher must be installed.
Get the latest Flash player

View All Videos In This Series

Transcripts

Host: Do I need to have my taxes completed before submitting my FAFSA?

Brad Barnett: The FAFSA is going to ask you for your income information. So, you definitely need that handy when you complete it, but you don t want to miss the priority filing date simply because you are waiting to complete your taxes. Tax time is in April; a lot of schools will ask you to have FAFSA done maybe in February or March. So, if don t have your taxes done by then, you want to use estimated income information on the FAFSA and it will allow to do that, do what ever you can to meet that priority filing date. Then once you actually file your taxes, then you can go in and update the FAFSA with the actual tax information, but don t miss that date.

Expert: Brad Barnett

Brad received his Bachelor of Science degree from Southern Arkansas University, with a major in Psychology and a minor in Business. He furthered his education by graduating from the Medical College of Virginia at Virginia Commonwealth University with a Master of Science degree in Rehabilitation Counseling, specializing in Mental Health. He has been involved in the financial aid and/or rehabilitation More »