Tax Information The best way to verify income is by using the IRS Data Retrieval Tool that is part of the FAFSA on the web. If you have not already used the tool, go to FAFSA.gov, log in to your FAFSA record, select “Make FAFSA corrections,” and navigate to the Financial Information section of the form. If you filed electronically, the IRS will provide your information within 2 weeks; if you filed by paper, it may take up to 8 weeks for your information to be uploaded via the IRS Data Retrieval Tool on the FAFSA. If you are not eligible to use the IRS Data Retrieval Tool, you will need to request an IRS Tax Return Transcript by calling 800-908-9946 or online at www.irs.gov/transcript. We cannot accept Federal Income Tax Returns and they will be destroyed if received. Non Filers If you did not file a federal tax return, you will need to submit the Verification of Non-filing letter as well as the Wage and Income transcript. You will need to request the IRS Verification of Non-Filing letter and the IRS Wage and Income transcript by calling 800908-9946 or online at www.irs.gov/transcript. The Verification of Non-filing letter will not be available until June 16, 2016. Students may complete a Student Non-Filer Statement form to satisfy this requirement found on www.savannahstate.edu; Current Students; Financial Aid; Forms & Documents. Individuals Who Filed an Amended IRS Income Tax Return If you filed an amended IRS income tax return for tax year 2015, provide an IRS Account Transcript that lists tax filer information for the tax year 2015; and a signed copy of the 2015 IRS Form 1040X, “Amended U.S. Individual Income Tax Return,” that was filed with the IRS. Individuals who were victims of IRS Identity Theft If you are victim of IRS identity theft you must complete the 2016-17 Student (or Parent) Statement of IRS Tax Related Identity Theft Form. You will need to attach the Tax Return DataBase View (TRDBV) transcript obtained from the IRS. Tax filers may obtain a TRDBV transcript and inform the IRS of the tax-related identity theft by calling the IRS’s Identity Protection Specialized Unit (IPSU) at 1-800-908-4490. Individuals Granted a Filing Extension by the IRS If you are required to file a 2015 IRS income tax return and have been granted a filing extension by the IRS, provide a copy of IRS Form 4868, ‘‘Application for Automatic Extension of Time to File U.S. Individual Income Tax Return,’’ that was filed with the IRS for tax year 2015; AND a copy of the IRS's approval of an extension beyond the automatic six-month extension if the individual requested an additional extension of the filing time for tax year 2015; AND a copy of IRS Form W–2 for each source of employment income received for tax year 2015. If self-employed, a signed statement certifying the amount of the individual’s Adjusted Gross Income (AGI) and the U.S. income tax paid for tax year 2015 is required also. C. Student’s Income Information – Check the box that applies 1. TAX RETURN FILERS – If you filed or will file a tax return. I have used, or will use the IRS Data Retrieval tool to report my income information. I will request a 2015 IRS Tax Return Transcript and will submit it at a later date. I understand that verification cannot be completed until the transcripts are submitted. 2. TAX RETURN NONFILERS – If you will not file and are not required to file a 2015 tax return. See Non-Filers section above. I was not employed and had no income earned from work in 2015. I will submit the Student Non-Filer Statement form. I did work in 2015 but I am not required to file a tax return. I will submit the Student Non-Filer Statement form and all W2 Statements or the Wage & Income Transcript directly from the IRS. D. Parent’s Income Information – Check the box that applies 1. TAX RETURN FILERS – If your parent(s) filed or will file a tax return. The student’s parent(s) used, or will use the IRS Data Retrieval tool to report their income information. The student’s parent(s) will request a 2015 IRS Tax Return Transcript and will submit it at a later date. I understand that verification cannot be completed until the transcripts are submitted. 2. TAX RETURN NONFILERS – If your parent(s) will not file or are not required to file a 2015 tax return. See Non-Filers section above. The student’s parent(s) was not employed and had no income earned from work in 2015. I will submit the IRS Verification of Non-Filing letter and the IRS Wage and Income transcript. The student’s parent(s) did work in 2015 but is not required to file a tax return. I will submit the IRS Verification of NonFiling letter and the IRS Wage and Income transcript. 2 of 5 ANSWER ALL QUESTIONS. INCOMPLETE FORMS WILL NOT BE RETURNED DEPV6 - 17 Untax Income If any item does not apply, enter “N/A” for Not Applicable where a response is requested, or enter 0 in an area where an amount is requested. Answer each question below as it applies to the student and the student’s parent(s) whose information is on the FAFSA. To determine the correct annual amount for each item: If you paid or received the same dollar amount every month in 2015, multiply that amount by the number of months in 2014 you paid or received it. If you did not pay or receive the same amount each month in 2015, add together the amounts you paid or received each month. If more space is needed, provide a separate page with the student’s name and ID number at the top. E. Payments to tax-deferred pension and retirement savings List any payments (direct or withheld from earnings) to tax-deferred pension and retirement savings plans (e.g., 401(k) or 403(b) plans), including, but not limited to, amounts reported on W-2 forms in Boxes 12a through 12d with codes D, E, F, G, H, and S. Name of Person Who Made the Payment Total Payments to tax-deferred pension and retirement savings Annual Amount Paid in 2015 $0 F. Child support received List the actual amount of any child support received in 2015 for the children in your household. Do not include foster care payments, adoption payments, or any amount that was court ordered but not actually paid. Name of Adult Who Received the Support Name of Child For Whom Support Was Received Total Amount of Child Support Received Annual Amount of Child Support Received in 2015 $0 G. Housing, food, and other living allowances paid to members of the military, clergy, and others Include cash payments and/or the cash value of benefits received. Do not include the value of on-base military housing or the value of a basic military allowance for housing. Name of Recipient Total Amount of Benefits Received 3 of 5 Annual Amount of Benefits Received in 2015 Type of Benefit Received $0 ANSWER ALL QUESTIONS. INCOMPLETE FORMS WILL NOT BE RETURNED DEPV6 - 17 H. Veterans non-education benefits List the total amount of veterans non-education benefits received in 2015. Include Disability, Death Pension, Dependency and Indemnity Compensation (DIC), and/or VA Educational Work-Study allowances. Do not include federal veterans educational benefits such as: Post-9/11 GI Bill, Montgomery GI Bill, Dependents Education Assistance Program, VEAP Benefits. Name of Recipient Type of Veterans Non-Education Benefit Total Amount of Veterans Non-Education Received Annual Amount of Benefits Received in 2015 $0 I. Other untaxed income List the amount of other untaxed income not reported and not excluded elsewhere on this form. Include untaxed income such as workers’ compensation, disability, Black Lung Benefits, untaxed portions of health savings accounts from IRS Form 1040 Line 25, Railroad Retirement Benefits, etc. Do not include any items reported or excluded in A – D above. In addition, do not include student aid, Earned Income Credit, Additional Child Tax Credit, Temporary Assistance to Needy Families (TANF), untaxed Social Security Benefits, Supplemental Security Income (SSI), Workforce Investment Act (WIA) educational benefits, combat pay, benefits from flexible spending arrangements (e.g., cafeteria plans), foreign income exclusion, or credit for federal tax on special fuels. Name of Recipient Type of Other Untaxed Income Total Amount of Veterans Non-Education Received Annual Amount of Other Untaxed Income Received in 2015 $0 J. Money received or paid on the student’s behalf List any money received or paid on the student’s behalf (e.g., payment of student’s bills) and not reported elsewhere on this form. Enter the total amount of cash support the student received in 2015. Include support from a parent whose information was not reported on the student’s 2016–2017 FAFSA, but do not include support from a parent whose information was reported. For example, if someone is paying rent, utility bills, etc., for the student or gives cash, gift cards, etc., include the amount of that person's contributions unless the person is the student’s parent whose information is reported on the student’s 2016–2017 FAFSA. Amounts paid on the student’s behalf also include any distributions to the student from a 529 plan owned by someone other than the student or the student’s parents, such as grandparents, aunts, and uncles of the student. Purpose: e.g., Cash, Rent, Books Total Amount Received 4 of 5 Annual Amount Received in 2015 Source $ 0 ANSWER ALL QUESTIONS. INCOMPLETE FORMS WILL NOT BE RETURNED DEPV6 - 17 K. Housing Situation – Check the box that applies My household lives: In pubic housing With other family members Military Base With a room mate L. Additional information Please provide information about any other resources, benefits, and other amounts received by the student and any members of the student’s household. This may include items that were not required to be reported on the FAFSA or other forms submitted to the financial aid office, and include such things as federal veterans’ education benefits, military housing, SNAP, TANF, etc. If more space is needed, provide a separate page with the student’s name and ID number at the top. Name of Recipient Annual Amount of Financial Support Received in 2015 Type of Financial Support Total Amount Financial Support Received $0 M. Comments ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ N. Sign this Worksheet Each person signing this form certifies that all the information reported on it is complete and correct. If a correction is needed, you authorize Savannah State University to make the correction. The student and a parent must sign and date. WARNING: If you purposely give false or misleading information on this worksheet, you may be fined, sentenced to jail, or both. Student’s Signature Date Parent Signature Date 5 of 5 ANSWER ALL QUESTIONS. INCOMPLETE FORMS WILL NOT BE RETURNED DEPV6 - 17
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