Tax Transcript Decoder
The Tax Transcript Decoder© is a visual guide to assist financial aid administrators with quickly identifying the correct transcript line items needed to complete the verification process. This tool contains a color-coded sample tax return and corresponding tax return transcript. The decoder also includes a sample Form W-2 cross-referenced with a W-2 Wage and Income Statement.
- 2023-24 Award Year Edition
- 2022-23 Award Year Edition
- 2021-22 Award Year Edition
- 2020-21 Award Year Edition
- 2019-20 Award Year Edition
- 2018-19 Award Year Edition
Please note that NASFAA does not have plans to offer the Tax Transcript Decoder for 2024-25 going forward. For NASFAA Members, we do offer the similar tools to assist with verification:
- Verification: 2024-25 (Extended Edition) webinar and handout
- 2022 Verification Data and Federal Tax Forms Comparison available under Resources in the AskRegs Knowledgebase
- AskRegs Knowledgebase Q&A, For 2024-25 Verification, How Do We Know Whether a 2022 Form 1040 Schedule 1, 2, Or 3 Was Completed?
Publication Date: 3/29/2024
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