ISU Encourages Use of IRS Data Retrieval
The IRS Data Retrieval Tool allows applicants (and parents) to access their IRS tax information and have it automatically inserted into the Free Application for Federal Student Aid (FAFSA).
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Only eligible applicants will be able to
retrieve IRS data. If you are one who qualifies, using this tool can:
- Ensures accurate tax information
- Is the easiest way to provide tax information
- You will not have to provide IRS TAX TRANSCRIPTS to our school - We can not accept a tax return.
- SAVES YOU TIME!
How long after I file my federal tax form is the Data Retrieval Tool Available?
- Electronically Filed - 2 weeks
- Filed paper federal tax return - 8 weeks
How Do I Access the IRS Data Retrieval System?
- http://www.fafsa.gov
- Choose 2012/2013 year
- Enter Income Tax Form filed
- Choose "Already Completed"
- Click on "View option to link to IRS"
- Use the address you listed on the latest tax return you filed.
If you are unable to use the IRS Data Retrieval Tool to provide tax information on the FAFSA,
you may be required
to Order a Tax Transcript from the IRS.
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Hint: To Order a Tax Transcript from the IRS
- Use #3. "Go get your Transcript"
- You will be given the option to choose which "type" of transcript
- Request the "Return"
- Unless you Amended or Extended your Tax Returns - Choose "Account" and submit
WITH a copy of your (amended/extended) tax return.
You can return to the FAFSA and "Make Corrections" using the IRS Data Retrieval Tool
- www.FAFSA.gov
- "Make FAFSA Corrections"
- Navigate to Income Section
- Follow instruction to determine eligibility for tool
- Choose to have 2011 IRS Data copied into your FAFSA
- Notify the ISU Financial Aid Office of this update (208) 282-2756
Watch a YouTube video showing How to Use the IRS Data Retrieval Tool.
- Credit goes to University of California, Santa Barbara for this tool.