1 / 12

Streamline Your FAFSA with the IRS Data Retrieval Tool

The IRS Data Retrieval Tool (DRT) simplifies the FAFSA process by allowing applicants to securely transfer their income and wage information directly from the IRS. This feature not only helps ensure accuracy but also expedites the verification process, making it easier for students and parents to complete the FAFSA. If selected for verification, using the DRT ensures that your tax return information is accurately reflected on your FAFSA within three business days. To use the DRT, verify your eligibility on the FAFSA website and follow the prompts to link your information.

anevay
Télécharger la présentation

Streamline Your FAFSA with the IRS Data Retrieval Tool

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FAFSA IRS Data Retrieval Tool Have you been selected for verification?

  2. OTC strongly encourages you to use the IRS Data Retrieval Tool to verify your income and wage information. • The tool provides FAFSA applicants and parents with the ability to transfer income information form the IRS to the FAFSA. Verification and the IRS Data Retrieval Tool

  3. Complete the FAFSA more easily and accurately. • Securely transfer IRS tax return information into your FAFSA. • OTC receives the updated tax return information within 3 business days Benefits of the tool

  4. www.fafsa.ed.gov Irs tool is available through the FAFSA website

  5. If you are able to check none of the above, you are eligible to use the Tool. Go to “financial information” section of fafsa

  6. If you are eligible to use the IRS Data Retrieval Tool, you will be prompted to: 1. Enter your FAFSA PIN number 2. Select Link to IRS How to “Link to IRS”

  7. You will receive confirmation that you are leaving FAFSA on the Web. Click OK to use the IRS Data Retrieval Tool. Leaving FAFSA on the web

  8. Enter your information exactly as you filed it on your tax return. • If you used a middle initial put a space after your first name and then your middle initial. IRS.gov

  9. After you are connected to the IRS.gov website • Your tax information will display • Select the appropriate box • Select transfer now • Your IRS data will now be transferred to your FAFSA Irs data link

  10. The data transferred will appear with the notation “Transferred from the IRS” • Do not change any of the fields which contain data transferred from the IRS Transferred from the IRS

  11. Go to the sign and submit page Sign and submit

  12. Once you see your confirmation page, you’ll know you’ve successfully submitted your FAFSA. Confirmation Page

More Related