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This document is used to provide parental tax information for verification and correction of FAFSA data.
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How to fill out parent tax information 2012-2013
How to fill out Parent Tax Information 2012-2013
01
Gather necessary tax documents, including W-2 forms and 1099s.
02
Access the Parent Tax Information form for 2012-2013 online or via the institution.
03
Enter your personal information, including names and Social Security numbers.
04
Fill out income sections based on the totals from your tax documents.
05
Report any untaxed income, such as child support or welfare benefits.
06
Complete sections about the number of people in your household and their educational status.
07
Double-check for accuracy and ensure all required fields are filled out.
08
Submit the completed form by the specified deadline.
Who needs Parent Tax Information 2012-2013?
01
Parents of students applying for financial aid who need to report their income.
02
Families seeking federal financial aid for college expenses.
03
Students who are dependents and require parental financial information for aid applications.
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People Also Ask about
What is a parent tax return transcript?
A tax return transcript is the formatted record of a tax return filed with the IRS. The IRS makes tax return transcripts available to individuals that request it free of charge. Why does my school need a Tax Return Transcript? Can't I just give them a copy of my tax return?
Can I destroy 2013 tax returns?
Examples: Susan filed her 2013 tax return before the due date of April 15, 2014. She will be able to safely dispose of most of her records after April 15, 2017. On the other hand, Don filed his 2013 return on June 1, 2014. He needs to keep his records at least until June 1, 2017.
What is the child tax credit for 2012?
The American Taxpayer Relief Act of 2012 increased the value of the federal child tax credit to $1,000 and increased the income threshold to correspond with the earned income tax credit.
Is a return transcript the same as a W2?
A tax transcript will show you what you filed on your tax return. What you want is a wage and income transcript. That will show you W2s and other information regarding your income that was filed with the IRS.
How to get parent tax return transcript?
Ways to get transcripts If you're unable to register, or you prefer not to use Individual Online Account, you may order a tax return transcript and/or a tax account transcript through Get transcript by mail or by calling the automated phone transcript service at 800-908-9946.
What is the personal tax exemption for 2012?
Exemption amount. It is $3,800 for 2012.
What is a tax return transcript?
A tax transcript is like a summary of your tax return. It contains essential information about your income, deductions, and credits. Additionally, an IRS tax return transcript offers a convenient way to access your tax information without needing a full copy of your tax return.
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What is Parent Tax Information 2012-2013?
Parent Tax Information 2012-2013 refers to the financial details that parents or guardians must provide on tax forms, usually for the purpose of financial aid or educational reporting, detailing income and tax-related data for the tax year 2012-2013.
Who is required to file Parent Tax Information 2012-2013?
Parents or guardians of dependent students who are applying for financial aid, scholarships, or enrolling in educational programs that require verification of financial status are typically required to file Parent Tax Information for the year 2012-2013.
How to fill out Parent Tax Information 2012-2013?
To fill out Parent Tax Information 2012-2013, parents should gather their tax documents for that year, including W-2 forms and tax returns. They will need to complete the required fields accurately, providing information such as total income, taxes paid, and any applicable deductions.
What is the purpose of Parent Tax Information 2012-2013?
The purpose of Parent Tax Information 2012-2013 is to assess the financial status of a family to determine eligibility for financial aid, scholarships, and need-based programs in educational institutions.
What information must be reported on Parent Tax Information 2012-2013?
The information that must be reported includes total income, federal income tax paid, adjustments to income, number of family members, and number of family members attending college.
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