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FAFSA and Tax Extensions
Posted: Tue Feb 16, 2010 3:47 pm
by Bikeflip
I'm abroad, and AFAIK, FAFSA needs me to file taxes. I will not be able to file taxes until July, as I am trying to get a full yr under my belt to qualify for foreign tax exemption. By doing so, legally, I am saving myself a few hundred in taxes. What I am wondering is if I wait that long to file, what will happen to my FAFSA?
Re: FAFSA and Tax Extensions
Posted: Tue Feb 16, 2010 3:48 pm
by ec2xs
Bikeflip wrote:I'm abroad, and AFAIK, FAFSA needs me to file taxes. I will not be able to file taxes until July, as I am trying to get a full yr under my belt to qualify for foreign tax exemption. By doing so, legally, I am saving myself a few hundred in taxes. What I am wondering is if I wait that long to file, what will happen to my FAFSA?
You can file a FAFSA without having filed your taxes, if that helps. There is an estimation calculator for your AGI/taxes.