COLLEGE STUDENTS AND PARENTS HELPED BY IRS DATA RETRIEVAL TOOL
The IRS has recently introduced the “IRS Data Retrieval Tool” to assist in the completion of Free Application for Federal Student Aid (FAFSA) forms. The tool will automatically populate the form with required tax information. The use of the Data Retrieval Tool can satisfy the verification requirements of the educational institution. More information on the tool and who can use it is located on the IRS website, Special Edition Tax Tip 2012-08. To complete or correct an application using the tool, visit the Free Application for Federal Student Aid home page.