Users' questions

Should I use IRS data retrieval tool for FAFSA?

by Rhyley Bryan

Should I use IRS data retrieval tool for FAFSA?

While not required, if you are eligible to use the IRS Data Retrieval Tool (IRS DRT), we highly recommend using the tool for several reasons: It’s the easiest way to provide your tax return information. It’s the best way of ensuring that your FAFSA has accurate tax return information.

Why can’t I use the IRS Data Retrieval Tool on my FAFSA?

There are certain situations where the IRS DRT will not work on the FAFSA on the web. You or your parent(s) marital status changed since filing the tax return. You or your parent(s) are married and used a “married filing separately” tax return filing status. You or your parent(s) do not have a Social Security number.

How do I find the IRS Data Retrieval Tool on FAFSA?

  1. Log in to your current FAFSA form or start a new application at fafsa.gov.
  2. In the finances section of the online form, you will see a “Link to IRS” button if you are eligible to use the IRS DRT.
  3. Click the “Link to IRS” button and log in with your FSA ID to be transferred to the IRS to retrieve your info.

What is the DRT tool for FAFSA?

IRS Data Retrieval Tool
The IRS Data Retrieval Tool (IRS DRT) allows students and parents who filed a U.S. tax return with the IRS to access the IRS tax return information needed to complete the Free Application for Federal Student Aid (FAFSA®) form and to transfer the data directly into their FAFSA form.

Who Cannot use the IRS Data Retrieval Tool?

Applicants who have filed a foreign income tax return instead of or in addition to a US income tax return will be unable to use the IRS Data Retrieval Tool. For example, taxpayers who file both a US income tax return and a Puerto Rican tax return will be unable to use the IRS Data Retrieval Tool.

Is it safe to use the IRS Data Retrieval Tool?

Additional security and privacy protections have been added to address concerns that data from the tool could be used by identity thieves to file fraudulent tax returns. The IRS DRT remains the fastest, most accurate way to input your tax return information into the FAFSA form.

Why does the IRS Data Retrieval Tool not work?

The following are some but not all of the reasons you may not be able to use the DRT: The tax return was amended. A tax filer was a victim of IRS tax-related identity theft. The person did not file a U.S. tax return and was not required to do so.

Why is the IRS data retrieval tool not working?

The IRS website might be offline or experiencing some other technical issues. In order for the IRS DRT to work properly, you must enter all of your information (including your address) on the IRS website exactly as it appears on your tax returns.

How do I use the IRS data Retrieval Tool after submitting FAFSA?

How do I use the IRS Data Retrieval Tool (DRT) if I’ve already submitted my FAFSA form?

  1. Go to fafsa.gov and select “LOG IN.”
  2. Select “I am the student” on the left side of the page.
  3. Enter your FSA ID username and password and select “NEXT.”
  4. On the “Disclaimer” page, click “ACCEPT.”
  5. Select “Make FAFSA Corrections.”

How do I use data retrieval tool on FAFSA?

How do I use the IRS Data Retrieval Tool?

  1. Click Link To IRS.
  2. Enter your FSA ID.
  3. Your FAFSA will be saved and you will be transferred to the IRS Web site.
  4. On the IRS Web site, enter the requested information exactly as it appears on your tax return.

Does FAFSA report to IRS?

On the 2020–21 FAFSA form, you (and your parents if you are a dependent student) will report your 2018 income information. Not everyone is eligible to use the IRS DRT; and the IRS DRT does not input all the financial information required on the FAFSA form.

Can head of household use the IRS data Retrieval Tool?

Most students and parents who filed a U.S tax return with the Internal Revenue Service (IRS) are eligible to use the IRS Data Retrieval Tool (IRS DRT) if they’ve already filed their taxes. The student/parent is married, and either the student/parent or his/her spouse filed as Head of Household.

How to link IRS to FAFSA?

– Click Link To IRS. – Enter your FSA ID. – Your FAFSA will be saved and you will be transferred to the IRS Web site. – On the IRS Web site, enter the requested information exactly as it appears on your tax return. – Once authenticated with the IRS, you will be provided with information surrounding your IRS tax information.

How do I use the IRS data retrieval tool?

Use the IRS Data Retrieval Tool (DRT) Navigate to the “Financial Information” section. If you are eligible to link to the IRS, you will be able to select the “Link to IRS” button to be transferred to the IRS site. Provide the information requested from the IRS in order to confirm your identity.

How to complete the IRS data retrieval process?

You will first need to log into www.FAFSA.gov with your FSA ID.

  • click NEXT to begin the correction process.
  • Choose the ” Financial Information ” tab to access the Data Retrieval Tool.

    • How to file/correct your FAFSA?

    Log onto FAFSA.gov with your FSA ID

  • Select “Make FAFSA Corrections” on the page
  • Create a save key to access saved information
  • Update your information on the FAFSA
  • Submit your updated information

    • https://www.youtube.com/watch?v=vYwHfgQBAIU