FAFSA IRS DATA RETRIEVAL TOOL Have you been selected for verification?

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Presentation transcript:

FAFSA IRS DATA RETRIEVAL TOOL Have you been selected for verification?

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

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

IRS TOOL IS AVAILABLE THROUGH THE FAFSA WEBSITE

If you are able to check none of the above, you are eligible to use the Tool. GO TO “FINANCIAL INFORMATION” SECTION OF FAFSA

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”

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

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

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

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

Go to the sign and submit page SIGN AND SUBMIT

Once you see your confirmation page, you’ll know you’ve successfully submitted your FAFSA. CONFIRMATION PAGE