Schools must verify FAFSA data with information provided directly from the IRS. If you or your parents have filed a 2012 U.S. Income Tax Return, you must retrieve your IRS data using one of the following two options.
Your federal tax return must be filed electronically at least two weeks prior to using the IRS Data Retrieval Tool to allow the IRS time to process your return. Paper filing will require six to eight weeks.
The easiest way to verify your FAFSA data with accurate tax information is by using the IRS Data Retrieval Tool. In a few simple steps, you may be able to view your tax information and transfer it directly into your FAFSA.
If you or your parents chose not to use the IRS Data Retrieval Tool, are not eligible to use the tool, or you make changes after the retrieval process is completed, you must provide a Tax Return Transcript. Tax filers can request a free transcript of their tax return from the IRS.