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This document provides guidance on changes in financial aid processing for academic year 12-13, emphasizing the new regulations regarding the submission of IRS Tax Returns for verification purposes,
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How to fill out irs data retrieval

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How to fill out IRS Data Retrieval

01
Log in to your FAFSA account.
02
Navigate to the financial information section of the FAFSA form.
03
Select the option to use the IRS Data Retrieval Tool.
04
Enter your personal information as prompted (name, date of birth, etc.).
05
If prompted, verify your identity using your tax information.
06
Choose to transfer your IRS tax data directly to your FAFSA application.
07
Review the transferred information for accuracy.
08
Submit your FAFSA application with the retrieved IRS data.

Who needs IRS Data Retrieval?

01
Students applying for federal financial aid who filed a tax return.
02
Parents of dependent students who also filed a tax return.
03
Schools or institutions that require accurate financial information for aid determination.
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In general, the IRS Data Retrieval Tool will be available 3 weeks AFTER filing your federal tax return electronically or 8 weeks AFTER filing a paper federal tax return.
While completing an original online FAFSA or updating an existing FAFSA, eligible applicants will be provided with an opportunity to use the IRS Data Retrieval Tool. Applicants may be asked a few screening questions to determine their eligibility to use the tool.
There are certain situations where the IRS DRT will not work on the FAFSA on the web. You or your parent(s) marital status changed since filing the tax return. You or your parent(s) are married and used a “married filing separately” tax return filing status.
There are certain situations where the IRS DRT will not work on the FAFSA on the web. You or your parent(s) marital status changed since filing the tax return. You or your parent(s) are married and used a “married filing separately” tax return filing status.
It's accurate. By using the IRS Data Retrieval Tool, you are ensuring that the Financial Aid office is receiving your most accurate tax information. It streamlines the verification process. Your tax information will be correct.
Who is eligible to use the IRS DRT? Most students and parents who filed a U.S tax return with the Internal Revenue Service (IRS) are eligible to use the IRS Data Retrieval Tool (IRS DRT) if they have already filed their taxes and have been issued a Social Security Number (SSN).

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IRS Data Retrieval is a process that allows individuals to transfer their tax information directly from the IRS into their financial aid application, typically the FAFSA.
Individuals who are applying for federal financial aid and have filed a tax return are typically required to use IRS Data Retrieval to report their tax information.
To fill out IRS Data Retrieval, you must log into your FAFSA account, go to the financial information section, and select the option to use the IRS Data Retrieval Tool, following the prompts to securely transfer your tax data.
The purpose of IRS Data Retrieval is to simplify the process of reporting tax information, ensure accuracy, and reduce the likelihood of errors in financial aid applications.
The information reported on IRS Data Retrieval typically includes adjusted gross income, tax paid, and other relevant tax details as per the IRS data.
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