Filling out FASFA Application
This is a discussion on Filling out FASFA Application within the Tax Issues forum, part of the BUSINESS & FINANCE LAW category; If I the federal government and state of California recognizes that the small income I have is not taxable do ...
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Jul 2nd, 2008, 12:09 PM
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Filling out FASFA Application
If I the federal government and state of California recognizes that the small income I have is not taxable do to it being insurance income, do I need to include it on the FAFSA application? The reason I ask is that if I do include it on the form it will make a huge difference.
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Sep 29th, 2008, 09:17 PM
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#2 |
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Posts: 309
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Re: Filling out FASFA Application
Income is income, whether it's insignificant enough to be tax-free or not.
Can you get away with not claiming it? Probably. Is that legal and advised? No! Visit your financial aid department immediately and arrange a meeting. That's my suggestion.
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