Question about "FInancial Information" Section

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Real Madrid
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Question about "FInancial Information" Section

Postby Real Madrid » Wed Jun 19, 2013 7:32 pm

So, I'm a bit confused about the financial information section on FAFSA. FAFSA classified me as an "independent," but I am listed as a "dependent" on one of my parent's tax returns. Furthermore, I did not receive any income in 2012, and therefore am not filing a tax return. However, the parent that listed me as a dependent filed a "joint" tax return for us in the sense that I am listed as a dependent with my assets there on that return.

So, should I be choosing "Not going to file" a tax return on my "financial information" section?

Thanks anyone for the help!

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Re: Question about "FInancial Information" Section

Postby kay2016 » Wed Jun 19, 2013 7:43 pm

Not sure about your exact question.. But your considered "independent" on the FAFSA even if your parent(s) claimed you..

Just like more than likely for undergrad you were considered a "dependent" even if you filed independently.

Hopefully someone can answer the rest of your questions!

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Re: Question about "FInancial Information" Section

Postby Presidentjlh » Wed Jun 19, 2013 7:45 pm

I would imagine if you're not making any income, you should put down "not filing a tax return"

Although, honestly, if you're planning on law school, you need to start working before it so you can shore up some funds to offset your future debt.

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