Verification Tips

Transcription

1 Verification Tips Please read before submitting your verification documents to our office. Submit copies of 2010 tax returns. Keep originals for your records. Make sure that the Verification Worksheet is signed by you and if you are a dependent student according to the FAFSA, be sure that your parent signs it. Make sure that all sections are completed. We require Federal Tax Returns, not State. They must be signed by the filer. This means that you must sign your tax return and your parents must sign their tax return. We cannot accept a preparer s signature and we cannot accept electronic signatures. We accept the following tax forms: 2010 IRS Form 1040, 1040A, 1040EZ, a tax return from Puerto Rico or a converted foreign income tax return. We do not accept Form 8453 or other electronically filed returns that do not show all of the line items as a standard IRS tax return. If you did not keep a copy of your tax return, request a copy or transcript from the IRS or a copy from your tax preparer. IRS PHONE NUMBER Please be sure that your school ID# is shown on the Verification Worksheet or if you don t have one yet, your social security number. Your forms may be faxed, ed, or mailed to our office: Fax Number: (334) Address: Finaid7@auburn.edu Mailing Address: Financial Aid, 203 Martin Hall, Auburn, AL Please send your forms to our office as soon as possible. The verification process can take up to 2 weeks. Keep a check on your because we will notify you if there are problems or if any additional information is required.

2 VERIFICATION WORKSHEET Federal Student Aid Programs Your application was selected by the U.S. Department of Education for review in a process called Verification. Please submit copies of your and your parent(s) signed 2010 Federal Tax Forms if you are a dependent student. If you are an independent student, submit copies of your (and your spouse s, if you are married) signed 2010 Federal Tax Forms. Please refer to the section below for the definition of an independent student. All tax forms must be signed by the filer. If you can answer yes to any of the following questions, you are an *independent student. Documentation may be required. 1. Were you born before January 1, 1988? 2. Are you a veteran of the U.S. Armed Forces? 3. Are you currently serving on active duty in the U.S. Armed Forces for purposes other than training? 4. At the beginning of the school year, will you be working on a master s or doctorate program? 5. As of today, are you married? (Answer Yes if you are separated but not divorced.) 6. At any time since you turned 13, were both your parents deceased, were you in foster care or were you a dependent or ward of the court? 7. Do you have children who receive more than half of their support from you between July 1, 2011 and June 30, 2012? 8. Do you have dependents (other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2012? 9. Are you or were you an emancipated minor as determined by a court in your state or legal residence? 10. Are you or were you in legal guardianship as determined by a court in your state of legal residence? 11. At any time after July 1, 2010, did your high school or school district homeless liaison determine that you were an unaccompanied youth who was homeless? 12. At any time on or after July 1, 2010, did the director of an emergency shelter or transitional housing program funded by the U.S. Department of Housing and Urban Development determine that you were an unaccompanied youth who was homeless? 13. At any time on or after July 1, 2010, did the director of a runaway or homeless youth basic center or transitional living program determine that you were an unaccompanied youth who was homeless or self-supporting and at risk of being homeless? What you should know: Federal regulations require that we ask you for this information before awarding financial aid. If there are differences between your application information and your financial documents, we may need to make corrections to your FAFSA. STUDENT INFORMATION (ALL STUDENTS) AU User Name Last Name First Name M.I. 7 character ID that in address SSN Address For new students only if AU User Name is not yet known City State Zip Code (Area code) Phone Number Date of Birth FAMILY INFORMATION (To be completed by both dependent and independent students) If you are a dependent student: If you are an* independent student: List people that your parent(s) will support between Give information about the people that you will support between July 1, 2011, and June 30, Include yourself, your parent(s), July 1, 2011 and June 30, Include yourself, your spouse, your parent(s) dependent children (if your parent(s) provide more your dependent children or others for whom you will provide than half their support, or if they would be required to give more than half their support. parental information when applying for financial aid). Write the names of all household members that your parents or you, if independent, (see the 13 questions above) will support between July 1, 2011 and June 30, Also, indicate which members will be attending college (excluding parents) at least halftime in a degree or certification program. If you need more space, attach a separate page. Full Name Age Relationship Name of College

3 2010 INCOME INFORMATION We accept the following tax forms: 2010 IRS Form 1040, 1040A, 1040EZ, a tax return from Puerto Rico or a converted foreign income tax return. We do not accept Form 8453 or other electronically filed returns that do not show all of the line items as a standard IRS tax return. If you did not keep a copy of your tax return, request a copy or transcript from the IRS or a copy from your tax preparer. The tax form or transcript must show all lines and figures as a standard IRS tax return. All tax forms must be signed by the filer. (IRS PHONE # ) STUDENT S TAX INCOME INFORMATION (ALL STUDENTS) 1. Check here if you will not file and are not required to file a 2010 Income Tax Return. 2. If you did not file and are not required to file a 2010 Federal Income Tax Return, list below your employer(s) and any income received in (Attach copies of W-2 Forms.) PARENT(S) INCOME INFORMATION (DEPENDENT STUDENTS ONLY) 1. Check here if your parent(s) will not file and are not required to file a 2010 Income Tax Return. 2. If your parent(s) did not file and are not required to file a 2010 Federal Income Tax Return, list below your parent(s) employer(s) and any income received in (Attach copies of W-2 Forms.) SPOUSE S TAX FORMS AND INCOME INFORMATION (INDEPENDENT STUDENTS ONLY) 1. Check here if you will not file and are not required to file a 2010 Income Tax Return. 2. If you did not file and are not required to file a 2010 Federal Income Tax Return, list below your employer(s) and any income received in (Attach copies of W-2 Forms.)

4 Student and Parent s 2010 Untaxed Income Independent Student: Please indicate below any of the following that apply to you (and your spouse) for the 2010 tax year in the column on the left. Please refer to question 44 of the FAFSA. Dependent Student: Please indicate below any of the following that apply to your parents for the 2010 tax year in the column on the right. Please refer to question 92 of the FAFSA. Student/Spouse Parent(s) Payments to tax-deferred pension and savings plans (paid directly or withheld $ from earnings), including, but not limited to, amounts reported on the W-2 Form in Boxes 12a 12d, codes D, E, F, G, H, and S. IRA deductions and payments to self-employed SEP, SIMPLE, and Keogh $ and other qualified plans from IRS Form 1040-line 28 + line 32 or 1040A-line 17 Child support received for your (if independent) or for any of your parents children. Don t include foster care or adoption payments. $ Tax exempt interest income from IRS Form 1040-line 8b or 1040A-line 8b $ Untaxed portions of IRA distributions from IRS Form 1040-lines (15a minus 15b) or 1040A-lines (11a minus 11b). Exclude rollovers. If negative, enter a zero here. $ Untaxed portions of pensions from IRS Form 1040-lines (16a minus 16b) or 1040A- $ lines (12a minus 12b). Exclude rollovers. If negative, enter a zero here. Housing, food, and other living allowances paid to members of the military, clergy, and others (including cash payments and cash value of benefits). Don t include the value of on-base military housing or the value of a basic military allowance for housing. $ Veterans noneducation benefits such as Disability, Death Pension, or Dependency & $ Indemnity Compensation (DIC) and/or VA Educational Work-Study allowances Other untaxed income not reported above, such as worker s compensation, disability, etc. Also $ include the first-time homebuyer credit from IRS Form 1040-line 67. Don t include student aid, earned income credit, addition child tax credit, welfare payments, untaxed Social Security benefits, Supplemental Security Income, Workforce Investment Act educational benefits, on-base military housing or a military housing allowance, combat pay, benefits from flexible spending arrangements (e.g., cafeteria plans), foreign income exclusion or credit for federal tax on special fuels. Money received, or paid on your behalf (e.g., bills), not reported elsewhere on this form.

5 Student and Parent s 2010 Additional Financial Information Independent Student: Please indicate below any of the following that apply to you (and your spouse) for the 2010 tax year in the column on the left. Please refer to question 43 of the FAFSA. Dependent Student: Please indicate below any of the following that apply to your parents for the 2010 tax year in the column on the right. Please refer to question 91 of the FAFSA. Student/Spouse Parent(s) $ Education credits (American Opportunity, Hope and Lifetime Learning tax credits) from IRS $ Form 1040-line 49; or 1040A-line 31. Child Support paid because of divorce or a legal requirement. Do not include support $ for children in your household as reported in questions 43 or 91. Taxable earnings from need-based employment programs, such as Federal Work-Study and $ need-based employment portions of fellowships and assistantships. Taxable student grant and scholarship aid reported to the IRS in your adjusted gross income. $ Includes AmeriCorps benefits (awards, living allowances and interest accrual payments), as well as grant and scholarship portions of fellowships and assistantships. Combat pay or special combat pay. Only enter the amount that was taxable and included in your $ adjusted gross income. Do not enter untaxed combat pay. Earnings from work under a cooperative education program offered by a college. $ Student and Parent Required Signatures By signing this worksheet, I/we certify that all the information reported to qualify for Federal Student Aid is complete and correct. (For dependent students, at least one parent must sign.) Reminder: all tax returns must be signed by the filer, the preparer s signature is not acceptable. Student Date Parent Relationship Date Bring, fax, or mail this form along with the requested tax forms to the Financial Aid Office, 203 Martin Hall, Auburn, AL FAX: (334) ~ Please be sure that this form is signed and that all tax forms are signed by the filer. WARNING If you purposely give false or misleading information on this worksheet, you may be fined, be sentenced to jail, or both. Auburn University is an equal opportunity educational institution/employer. January 2011