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 color-coded sample tax returns and corresponding tax return transcripts for each return type. The decoder also includes a sample Form W-2 cross-referenced with a W-2 Wage and Tax Statement and information to help determine whether an individual was eligible to file a 1040A or 1040EZ.
Publication Date: 8/28/2018
Related Content
2019-20 FAFSA: Brave New World
Legislative Tracker: FAFSA Simplification
July 2018 Top 10 AskRegs Knowledgebase Q&As
What Went Wrong With Verification?
History of Changes to Financial Aid Verification
History of Changes to Financial Aid Verification Timeline
Senators Alexander, Bennet Urge ED to Reinstate Alternative Verification Documentation Options
Private Loan Certifications Generally Not Affected by HEA Data Sharing Restrictions
March 2018 Top 10 AskRegs Knowledgebase Q&As
ED Posts Notice on Verification for 2019-20 Award Year
February 2018 Top 10 AskRegs Knowledgebase Q&As
NASFAA Requesting ED Resolution of Several IRS DRT Flag Issues
January 2018 Top 10 AskRegs Knowledgebase Q&As
How to Find College Aid—by Yourself or With Help
December 2017 Top 10 AskRegs Knowledgebase Q&As
ED Adjusts Verification Selection Algorithm, Selection Rates to Normalize
2017 Year in Review: NASFAA's 10 Most-Read AskRegs Knowledgebase Q&As
Advertisement