Instruction Page. Verification of 2014 Income Information for Individuals with Unusual Circumstances

Transcription

1 Instructin Page Imprtant Nte: Please ntify the financial aid ffice if the student r their parents had a change in marital status after the end f the 2014 tax year n December 31, 2014 and als if the parents filed separate IRS incme tax returns fr In mst cases, fr electrnic tax return filers, 2014 IRS incme tax return infrmatin fr the IRS DRT is available within 2 3 weeks after the 2014 electrnic IRS incme tax return has been accepted by the IRS. Generally, fr filers f 2014 paper IRS incme tax returns, the 2014 IRS incme tax return infrmatin is available fr the IRS DRT within 8 11 weeks after the 2014 paper IRS incme tax return has been received by the IRS. Cntact the financial aid ffice if mre infrmatin is needed abut using the IRS DRT. Verificatin f 2014 Incme Infrmatin fr Individuals with Unusual Circumstances Individuals Granted a Filing Extensin by the IRS If an individual is required t file a 2014 IRS incme tax return and has been granted a filing extensin by the IRS, prvide the fllwing dcuments: A cpy f IRS Frm 4868, Applicatin fr Autmatic Extensin f Time t File U.S. Individual Incme Tax Return, that was filed with the IRS fr tax year 2014; A cpy f the IRS's apprval f an extensin beynd the autmatic six-mnth extensin if the individual requested an additinal extensin f the filing time fr tax year 2014; and A cpy f IRS Frm W 2 fr each surce f emplyment incme received fr tax year 2014 and, if self-emplyed, a signed statement certifying the amunt f the individual s Adjusted Grss Incme (AGI) and the U.S. incme tax paid fr tax year Individuals Wh Filed an Amended IRS Incme Tax Return If an individual filed an amended IRS incme tax return fr tax year 2014, prvide bth f the fllwing: A signed cpy f the riginal 2014 IRS incme tax return that was filed with the IRS r a 2014 IRS Tax Return Transcript r the 2014 tax year; and A signed cpy f the 2014 IRS Frm 1040X, Amended U.S. Individual Incme Tax Return, that was filed with the IRS. Individuals Wh Were Victims f IRS Identity Theft A victim f IRS identity theft wh is nt able t btain a 2014 IRS Tax Return Transcript r use the IRS DRT must cntact the IRS at Upn authenticatin f the tax filer s identity, the IRS will prvide, by U.S. Pstal Service, a printut f the tax filer s 2014 IRS incme tax return infrmatin. Individuals Wh Filed Nn-IRS Incme Tax Returns An individual filed r will file a 2014 incme tax return with Puert Ric, anther U.S. territry (e.g., Guam, American Sama, the U.S. Virgin Islands, the Nrthern Marianas Islands), r with a freign cuntry, must prvide a signed cpy f that 2014 incme tax return(s). Please return the fllwing pages t the Financial Aid Office.

2 Verificatin Wrksheet Dependent Yur Free Applicatin fr Federal Student Aid (FAFSA) was selected fr review in a prcess called verificatin. The law says that befre awarding Federal Student Aid, we may ask yu t cnfirm the infrmatin yu and yur parents reprted n yur FAFSA. T verify that yu prvided crrect infrmatin t the financial aid ffice, we will cmpare yur FAFSA with the infrmatin n this wrksheet and with any ther required dcuments. If there are differences, yur FAFSA infrmatin may need t be crrected. Yu and at least ne parent must cmplete and sign this wrksheet, attach any required dcuments, and submit the frm and ther required dcuments t the financial aid administratr at yur schl. Yur schl may ask fr additinal infrmatin. If yu have questins abut verificatin, cntact yur financial aid administratr as sn as pssible s that yur financial aid will nt be delayed. Sectin A: Student s Infrmatin Student s Last Name Student s First Name Student s M.I. Student s ID Number Student s Street Address (include apt. n.) Student s f Birth City State Zip Cde Student s Address Student s Hme Phne Number (include area cde) Student s Alternate r Cell Phne Number Sectin B: Number f Husehld Members and Number in Cllege Hw many peple are in yur husehld? Hw many peple in yur parents husehld will be cllege students between July 1, 2015 and June 30, 2016? Dependent Student s Husehld includes: Yurself, even if yu dn t live with yur parents Yur parent(s) (including step-parent r unmarried legal parents living tgether) Yur parents dependent children, if yur parents will prvide mre than half their supprt between July 1, 2015 and June 30, 2016 Other dependents if they nw live with yu and yu will prvide mre than half their supprt and will cntinue t prvide mre than half their supprt between July 1, 2015 and June 30, 2016 Dependent Student s Cllege Attendance includes: Always include yurself as a cllege student. Yu may include thers nly if they will attend, at least half-time, a prgram that leads t a cllege degree r certificate and are listed in the husehld infrmatin belw. D NOT include students enrlled in high schl attending cllege fr dual enrllment. D NOT include yur parents as a cllege student. Full Name Age Relatinship Self TSTC Cllege attending in the year Will be Enrlled at Least Half Time *If mre space is needed, prvide a separate page with the student s name and ID number at the tp. Nte: We may require additinal dcumentatin if we have reasn t believe that the infrmatin regarding the husehld members enrlled in eligible pstsecndary educatinal institutins is inaccurate.

3 Sectin C: Verificatin f 2014 Incme Infrmatin fr Student Tax Filers Instructins: Cmplete this sectin if the student filed r will file a 2014 IRS incme tax return(s). The best way t verify incme is by using the IRS Data Retrieval Tl (IRS DRT) that is part f FAFSA n the Web at FAFSA.gv. In mst cases, n further dcumentatin is needed t verify 2014 incme infrmatin that was transferred int the student s FAFSA using the IRS DRT, if that infrmatin was nt changed. Student Tax Return Infrmatin: Check ne f the apprpriate bxes belw and check nly ONE bx: Check here if yu filed a 2014 tax return and used, r will use, the IRS Data Retrieval Tl t transfer yur tax infrmatin t yur FAFSA. Check here if yu filed a 2014 tax return but will nt use the IRS Data Retrieval Tl. Attach a cpy f yur IRS Tax Return Transcript t this frm. Check here if yu will nt file a 2014 US Incme Tax Return, and cntinue t the Incme Infrmatin fr Nn-Tax Filers sectin belw. T btain an IRS Tax Return Transcript, g t Click Get Transcript Online. Make sure t request the IRS Tax Return Transcript and nt the IRS Tax Accunt Transcript. Yu may als be able t receive a tax transcript by visiting yur lcal IRS ffice. Incme Infrmatin fr Nn-Tax Filers: Cmplete this sectin if yu, the student, will NOT file and are nt required t file a 2014 incme tax return with the IRS. Check the bx that applies: The student was nt emplyed and had n incme earned frm wrk in The student was emplyed in 2014 and has listed belw the names f all emplyer(s), the amunt earned frm each emplyer in 2014, and whether an IRS W-2 frm is attached. Attach cpies f all 2014 W-2 frms issued t yu by emplyers. List every emplyer even if the emplyer did nt issue an IRS W-2 frm. If mre space is needed, attach a separate page with yur name and student ID at the tp. DO NOT LEAVE THIS BLANK. Surce r Emplyer- If nne, indicate N/A 2014 Amunt Earned D nt leave blank. If nne, indicate $0 W-2 Prvided? If nt, please explain. Nte: We may require yu t prvide dcumentatin frm the IRS that indicates a 2014 IRS incme tax return was nt filed with the IRS.

4 Sectin D: Verificatin f 2014 Incme Infrmatin fr Parent Tax Filers Instructins: Cmplete this sectin if the parent(s) filed r will file a 2014 IRS incme tax return(s). The best way t verify incme is by using the IRS Data Retrieval Tl (IRS DRT) that is part f FAFSA n the Web at FAFSA.gv. In mst cases, n further dcumentatin is needed t verify 2014 incme infrmatin that was transferred int the student s FAFSA using the IRS DRT if that infrmatin was nt changed. Parents Tax Frms and Incme Infrmatin: Check ne f the apprpriate bxes belw and check nly ONE bx: Check here if yu filed a 2014 tax return and used, r will use, the IRS Data Retrieval Tl t transfer yur tax infrmatin t yur FAFSA. Check here if yu filed a 2014 tax return but will nt use the IRS Data Retrieval Tl. Attach a cpy f yur IRS Tax Return Transcript t this frm. Check here if yu will nt file a 2014 US Incme Tax Return, and cntinue t the Parent Incme Infrmatin r Nn-Tax Filers sectin belw. T btain an IRS Tax Return Transcript, g t Click Get Transcript Online. Make sure t request the IRS Tax Return Transcript and nt the IRS Tax Accunt Transcript. Yu may als be able t receive a tax transcript by visiting yur lcal IRS ffice. Parent Incme Infrmatin fr Nn-Tax Filers: The parent was nt emplyed and had n incme earned frm wrk in The parent s spuse (if married) was nt emplyed and had n incme earned frm wrk in The parent (and/r the parent s spuse if married) was emplyed in 2014 and has listed belw the names f all emplyer(s), the amunt earned frm each emplyer in 2014, and whether an IRS W-2 frm is attached. Attach cpies f all 2014 W-2 frms issued t yu (and, if married, yur spuse) by emplyers. List every emplyer even if the emplyer did nt issue an IRS W-2 frm. If mre space is needed, attach a separate page with yur name and student ID at the tp. DO NOT LEAVE THIS BLANK. Surce r Emplyer- If nne, indicate N/A 2014 Amunt Earned D nt leave blank. If nne, indicate $0 W-2 Prvided? If nt, please explain. Nte: We may require yu t prvide dcumentatin frm the IRS that indicates a 2014 IRS incme tax return was nt filed with the IRS.

5 Certificatin: ALL STUDENTS MUST COMPLETE THE CERTIFICATION BELOW By signing this wrksheet I certify that all the infrmatin reprted n it is cmplete and crrect. I understand that if I purpsely give false r misleading infrmatin n this wrksheet, I may be fined, sentenced t jail, r bth. Student s Signature (Required) Parent s Signature (Required) Parent s Printed Name