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.
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:
Publication Date: 3/29/2024
Verification 2025-26: Verification: 2025-26 - January 2025
Application Processing - October 2024
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