Fafsa data retrieval tool

How to link IRS data to FAFSA? What is data retrieval? The IRS Data Retrieval Tool (IRS DRT) allows students and parents who filed a U. This can save the family some time in completing the FAFSA.

S tax return with the Internal Revenue Service (IRS) to access the IRS tax return information needed to complete the Free Application for Federal Student Aid ( FAFSA ), and transfer the data directly into their FAFSA. Using the IRS Data Retrieval Tool increases the accuracy of financial aid awards and reduces the amount of documents that your financial aid office may request.

If you are not eligible to use the IRS Data Retrieval Tool follow, these instructions. Click Proceed to IRS Site to leave the FAFSA website and enter the IRS Data Retrieval Tool website. Students and parents who are eligible to use the IRS Data Retrieval Tool (IRS DRT) can access it from within the Free Application for Federal Student Aid ( FAFSA ) on the student or parent finances pages: Click Link To IRS. Additional security and privacy protections have been added to address concerns that data from the tool could be used by identity thieves to file fraudulent tax returns.

Select “Make FAFSA Corrections. You’ll use this if you need to return to this correction later. Use the IRS Data Retrieval Tool (DRT) Navigate to the “Financial Information” section.

If you are eligible to link to the IRS, you will be able to select the “Link to IRS” button to be transferred to the IRS site.

For those eligible to use the Data Retrieval Tool , this article contains step-by-step directions for linking IRS records into your FAFSA , which starts by logging into fafsa. Be aware that for security measures, once information is imported into the FAFSA application, the fields will be marked as complete, but will not show the values. You indicated that you will file or are not going to file a federal income tax return.

You will be given the option to use the IRS Data Retrieval Tool only if you indicate that you have already completed your federal income tax return. Visit our Get Transcript frequently asked questions (FAQs) for more information. Most students and parents who filed a U. Millions of students and parents use the IRS Data Retrieval Tool each year.

Learn how to use the IRS Data Retrieval Tool process or order a tax transcript. Eligible students (and their families) who have completed their federal tax return may use this tool to automatically populate financial information required on the FAFSA. The retrieval tool will save you time and increase the accuracy of your FAFSA information.

Follow along with our written directions and screenshots when filling out the IRS Data Retrieval Tool for FAFSA. Watch this online video tutorial that takes you through the IRS Data Retrieval Tool. Verification is the process of checking the data you reported on the FAFSA against actual Federal income tax return transcripts and statements documenting household size, number in college and untaxed income.

The Federal processor selects student FAFSA for verification. Note: You will not be able to use the IRS DRT on the FAFSA if:-You are a victim of Identity Theft -Filed a foreign tax return-Filed taxes as “Married Filing Separate” -Were granted a tax filing extension. Students and parents who file their IRS federal income tax returns are encouraged to select the IRS Data Retrieval Tool option on the Free Application for Federal Student Aid ( FAFSA ) to transfer their tax information electronically to the FAFSA. This option will streamline and expedite the processing of your financial aid application.

This allows our office to verify your tax information.

The IRS tax return processing times and the availability of the IRS Data Retrieval Tool (IRS DRT) reflected in the chart below are merely guides to help tax filers estimate when they will be able to retrieve their IRS tax return information using the IRS DRT. Use of the IRS DRT speeds up the processing of your FAFSA. IRS Data Retrieval Tool The Free Application for Federal Student Aid ( FAFSA ) provides applicants with the option to link their tax information directly from the IRS website to the FAFSA form.

The Office of Federal Student Aid and the Internal Revenue Service have worked together to develop a process to simplify the steps that families must take each year to complete the Free Application for Federal Student Aid ( FAFSA ). You are not eligible to use the IRS Data Retrieval Tool. You do not have a valid Social Security Number. Your marital status changed after December of the previous calendar year.