spouse and parents whose information is reported on the FAFSA for each source of employment income received for tax year 2015. The IRS Form W-2 is used to verify whether there was other untaxed income that was not transferred using the IRS Data Retrieval Tool or that did not appear on an IRS Tax Return Transcript that should have been reported on the FAFSA or if it was reported correctly. If a W-2 or an equivalent document (i.e. 1099) was not issued, the tax should provide a signed statement. The signed statement should— Certify that the tax filer was not issued a W-2 or an equivalent document; and List the sources and amounts of the untaxed income as provided under section 480(b) of the HEA; or Indicate that the tax filer did not have any other untaxed income as provided under section 480(b) of the HEA. Verification of 2015 We present suggested text for four separate IRS Income Tax circumstances on one page that may be helpful to your Return Information students. V1, V5, and V6 for Individuals with Unusual Circumstances Income Information for NonTax Filers Verification of 2015 If the student was employed in one of the U.S. Income Information territories or in a foreign country, applicable wage and V1, V5, and V6 for Student Nontax tax statements should be collected. Filers Verification of 2015 If the parent was employed in one of the U.S. territory, Income Information commonwealth, or with a foreign central government, V1, V5, and V6 for Parent Nontax applicable wage and tax statements should be Filers collected. We present suggested text for the six other untaxed Verification of Other income items on the FAFSA plus text to collect other V6 Untaxed Income income that may be available to the family.
spouse and parents whose information is reported on the FAFSA for each source of employment income received for tax year 2015. The IRS Form W-2 is used to verify whether there was other untaxed income that was not transferred using the IRS Data Retrieval Tool or that did not appear on an IRS Tax Return Transcript that should have been reported on the FAFSA or if it was reported correctly. If a W-2 or an equivalent document (i.e. 1099) was not issued, the tax should provide a signed statement. The signed statement should— Certify that the tax filer was not issued a W-2 or an equivalent document; and List the sources and amounts of the untaxed income as provided under section 480(b) of the HEA; or Indicate that the tax filer did not have any other untaxed income as provided under section 480(b) of the HEA. V1, V5, and V6 Verification of 2015 IRS Income Tax Return Information for Individuals with Unusual Circumstances We present suggested text for four separate circumstances on one page that may be helpful to your students. Income Information for NonTax Filers V1, V5, and V6 Verification of 2015 Income Information for Student Nontax Filers If the student was employed in one of the U.S. territories or in a foreign country, applicable wage and tax statements should be collected. V1, V5, and V6 Verification of 2015 Income Information for Parent Nontax Filers If the parent was employed in one of the U.S. territory, commonwealth, or with a foreign central government, applicable wage and tax statements should be collected. V6 Verification of Other Untaxed Income We present suggested text for the six other untaxed income items on the FAFSA plus text to collect other income that may be available to the family.