IRS Information and FAFSA Form for College

By | April 13, 2014

Students applying to college and their parents generally need to supply tax information on the FAFSA for financial aid.


IRS Information and FAFSA Form for College

The Internal Revenue Service (IRS) is helping to reduce the time spent preparing the Free Application for Federal Student Aid (FAFSA) by the automated access to federal tax Tool IRS Data Recovery. This tool provides the opportunity for applicants to automatically transfer tax data required on the FAFSA.


Here are some tips on using the IRS Data Recovery Tool for FAFSA.

  • It is an easy and secure way to access and transfer information from your tax return directly to the FAFSA form, saving time and improving accuracy. In addition, the increased accuracy reduces the likelihood of being selected for verification by the financial aid office.
  • Eligibility Taxpayers wishing to use the tool to complete your FAFSA form 2014 must:
    • have filed a 2012 tax return;
    • have a valid Social Security Number;
    • will have a PIN Federal Student Aid (people who do not have a PIN, you will be given the option of requesting one through the FAFSA application process);
    • not have changed marital status since December 31, 2013.
  • Exceptions If any of the following conditions apply to students or parents, the tool data recovery IRS can not be used for the 2014 FAFSA application:
    • amended tax return was filed for 2013;
    • has not filed a federal tax return for 2013;
    • the filing status of the 2013 tax return is married filing separately;
    • has filed a Puerto Rican or other foreign tax return.
  • Alternatives If the IRS Data Recovery Tool can not be used if the college requires verification of documentation may be required to obtain an official transcript from the IRS. To order transcripts of tax returns or tax bills, visit and select Order a Transcript (in English) or call toll free 1-800-908-9946.


FAFSA by the Data Recovery Tool from the IRS

Besides helping to reduce the time and effort required to complete and submit the FAFSA by the Data Recovery Tool from the IRS, the IRS provides information to save money for college students and their parents.