What Year of Tax Return for FAFSA Spring 2025?
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What Year of Tax Return for FAFSA Spring 2025?
The Free Application for Federal Student Aid (FAFSA) is a form that students must complete to apply for federal student financial aid. One of the pieces of information that students must provide on the FAFSA is their tax return information. The tax return information that students must provide depends on the year in which they are applying for aid.
For students applying for aid for the spring 2025 semester, the tax return information that they must provide is from their 2023 tax return.
Students can use the IRS Data Retrieval Tool to transfer their tax return information directly into the FAFSA. This tool is available on the FAFSA website. Students who use the IRS Data Retrieval Tool will not need to provide their tax return transcripts.
Students who are unable to use the IRS Data Retrieval Tool can request a tax return transcript from the IRS. Tax return transcripts can be requested online, by phone, or by mail.
The IRS Data Retrieval Tool is the fastest and easiest way to provide tax return information on the FAFSA. However, students who are unable to use the IRS Data Retrieval Tool should request a tax return transcript as soon as possible.
Here are some additional things to keep in mind when providing tax return information on the FAFSA:
- Students must provide their own tax return information, even if they are claimed as dependents on their parents’ tax return.
- Students must provide the tax return information for the year in which they are applying for aid.
- Students who are married must provide their spouse’s tax return information, even if they are not filing jointly.
- Students who are not required to file a tax return must still provide their tax return information on the FAFSA.
The following students are not required to file a tax return:
- Students who are under the age of 18
- Students who are claimed as dependents on their parents’ tax return
- Students who have earned less than $12,550 in 2023
Students who are not required to file a tax return can use the IRS Data Retrieval Tool to transfer their tax return information directly into the FAFSA. Students who are unable to use the IRS Data Retrieval Tool can request a tax return transcript from the IRS.
The deadline to file the FAFSA for the spring 2025 semester is June 30, 2025.
Students are encouraged to file the FAFSA as early as possible to ensure that they receive the maximum amount of financial aid.
Here are some additional resources that may be helpful:
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