Andover Townsman, Andover, MA

News

October 4, 2012

IRS tool to ease FAFSA process

The Internal Revenue says it wants to help minimize time spent on the completion of the Department of Education’s Free Application for Federal Student Aid.

By using the IRS Data Retrieval Tool, applicants can automatically transfer required tax data from their federal tax returns directly to their FAFSA form.

This IRS tool is a free, easy and secure way to access and transfer tax return information onto the FAFSA form. Using the tool saves time, improves accuracy and may reduce the likelihood of the school’s financial aid office requesting that you verify the information.

Applicants who cannot use the IRS DRT to meet college requests for verification, may need to obtain an official transcript from the IRS.

Transcripts are not available until the IRS has processed the related tax return. To order tax return or tax account transcripts, visit IRS.gov and select “Order a Transcript” or call the toll-free Transcript line at 1-800-908-9946.

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