TaxAct® has developed a worksheet to assist you with the preparation of the Free Application for Federal Student Aid (FAFSA) online application. Based on the information entered into TaxAct (and the additional information entered in the FAFSA section) the FAFSA Tax Summary Worksheet will provide you with the applicable income tax information needed for you to complete the FAFSA online application at www.fafsa.ed.gov.
To access the College Student Financial Aid Report (the worksheet with the tax information needed to fill out the FAFSA online application), follow the steps below.
Please have your tax return completed in TaxAct before filling out the FAFSA Summary Worksheet to ensure an accurate estimate.
The FAFSA online application can be completed with the information you have in the printed report from TaxAct. For specific questions regarding FAFSA, call the Federal Student Aid Information Center at 800-433-3243.