Verification of Income Information for Tax Filers
Students required to complete the verification process will no longer be allowed to submit their federal income tax returns to satisfy this requirement. The two ways for students to satisfy the requirements of the verification process are:
1) IRS Data Retrieval – Located within the FAFSA, this tool is the fastest and easiest way to meet these requirements. Sign in at www.fafsa.gov and choose "Make FAFSA Corrections." In a few simple steps, you may be able to link to the IRS Website and securely transfer student and parent tax return information directly into your FAFSA.
- Go to: How do I update my FAFSA using IRS Data Retrieval? from our financial aid Information Station web page.
The Federal Processing Center will process your FAFSA corrections and send the results to GRCC. As long as you did not change the data transferred from the IRS, your corrected FAFSA will be considered documentation of income and tax data. Remember, the IRS data must be retrieved for both the student and parents (if both filed tax returns). The FAFSA must be signed and submitted for the update to be processed and sent to us.
2) Tax Return Transcript – Students/parents will NOT be able to use the IRS Data Retrieval Tool:
- When a married, independent applicant and spouse filed separate tax returns.
- When a married, independent applicant or spouse’s filing status is Head of Household.
- When the parents of a dependent applicant filed separate tax returns.
- When a married parent of a dependent applicant’s filing status is Head of Household.
- When an applicant or parent filed an amended return.
- When an applicant or parent filed a Puerto Rican or foreign tax return.
- When an applicant or parent is unable to successfully log into the IRS Web site to retrieve their data.
If you are unable to use the IRS Data Retrieval Tool you must obtain a Tax Return Transcript from the IRS and submit it to the GRCC Financial Aid Office. Tax filers can request a Tax Return Transcript from the IRS, free of charge, in one of three ways.