ED Posts Notice on Verification for 2019-20 Award Year
By Megan Walter, NASFAA Policy & Federal Relations Staff
The Department of Education (ED) on Wednesday published a notice in the Federal Register detailing the FAFSA information that an institution and an applicant may be required to verify for the 2019-20 award year, as well as the acceptable documentation for verifying FAFSA information.
Compared to the 2018-19 award year, there are no changes in the data elements required for verification for the 2019-20 award year.
While the optional element for verification of amended tax filers—using IRS Data Retrieval Tool information on an ISIR record with all tax information from the original tax return—was missing from the notice, NASFAA confirmed with ED it is still permissible as an alternative to collecting an applicant’s 2017 tax return transcript.
For amended tax return filers, the notice listed only the following as required verification documents:
a) A transcript obtained from the IRS that lists 2017 tax account information of the tax filer(s); and
b) A signed copy of the IRS Form 1040X that was filed with the IRS.
ED will issue a Dear Colleague Letter (DCL) highlighting any additional changes in how these data elements are verified. Schools should be sure to review the DCL when it becomes available.
Publication Date: 3/29/2018
Comments Disclaimer: NASFAA welcomes and encourages readers to comment and engage in respectful conversation about the content posted here. We value thoughtful, polite, and concise comments that reflect a variety of views. Comments are not moderated by NASFAA but are reviewed periodically by staff. Users should not expect real-time responses from NASFAA. To learn more, please view NASFAA’s complete Comments Policy.
Related Content
FAFSA Simplification: Planning for the Future
Tax Transcript Decoder© - 2023-23 Edition
How Do We Verify Identity and Statement Of Educational Purpose For Incarcerated Students?
Verification: 2023-24 (Extended Edition)
Is the Parent's Signature Required On the Statement Of Educational Purpose?
What Forms Of Identification Can Be Provided By an Incarcerated Student To Complete Verification?
FAFSA Simplification Implementation Checklist for Schools
Is the 2023-24 Tax Transcript Decoder Available?
FAFSA Tips & Common Mistakes to Avoid
SAI Modeling Tool User Group Interest Form
Is Verification Waived For the 2023-24 Award Year? (Award Year: 2023-24)
Why Are We Seeing an Increase In V4/V5 Verification Selections In Spring-Summer 2022?
Professional Judgment Is K.I.N.D. (Verification Is Not...PJ)
NASFAA Webinar: Open Regulatory Q&A: Open Regulatory Q&A
Are There Exceptions To Resolving Conflicting Information?
ED Details New FAFSA Verification Requirement Waivers for 2022-23
How Do We Implement the Verification Waiver For the Remainder Of 2022-23?
FAFSA Simplification Detailed Chart
NASFAA Statement on New FAFSA Verification Requirement Waivers for 2022-23
Do We Need Both Sides Of a Government-Issued Identification For Verification?
Is Someone Who Is Only Receiving Pandemic Unemployment Assistance Required To File a Tax Return?
White House Extends Coronavirus National Emergency
Do the COVID-19 Verification Flexibilities Apply To the 2022-23 Award Year and Beyond?
How Will the ID.me IRS Registration Process Affect Verification?
How Are Coronavirus-Related Retirement Distributions Reported on the FAFSA?
Legislative Tracker: FAFSA Simplification
How Do We Determine the Correct Tax Filing Status?
Improving the Verification Process
Reducing the Burden of Proof: FAFSA Verification and Improving Access to Federal Financial Aid
Democrats Call on ED to Extend FAFSA Verification Waiver for Upcoming Year
How Do We Treat Income Earned From Work For a Foreign Nontax Filer?
NASFAA Urges ED to Extend Verification Relief Before 2022-23 FAFSA Cycle Opens
Advertisement
You must be logged in to comment on this page.