- Paper tax returns are no longer accepted as documentation for verification. Tax return transcripts may be required.
Each year the Department of Education randomly selects a percentage of all applicants to complete a verification process. Verification is a request for additional information and documentation to verify the information you reported on the FAFSA.
If you are selected for FAFSA verification, you will be required to support your reported FAFSA data with information obtained directly from the IRS. If you are asked for a tax return transcript, you must order it from the IRS. It is free of charge. A tax return transcript shows most line items from your tax return (Form 1040, 1040A or 1040EZ) as it was originally filed, including any accompanying forms and schedules.
Three Ways to Order Your Free Tax Return Transcript
We cannot review your application until we receive all the documentation requested. Ordering and returning the requested documentation as soon as possible is in your best interest.
Financial Aid Services will send you a Verification Worksheet if you are selected for verification. Copies are also available at The One Stop Student Administrative Services Center (Campus Center, UL). Click here for the appropriate Verfication Worksheet for the academic year.
- All documents submitted become the property of Financial Aid Services and will not be returned. Please retain copies of your tax return transcripts, tax returns and other important documentation.
- If you did not file an income tax return last year because you were not required to file, be sure to indicate this on your Verification Worksheet.
- If you qualify to use the IRS Data Retrieval and choose not to use this tool or retrieve IRS data but subsequently change your FAFSA information, you will need to explain to Financial Aid Services why information you provided is more accurate than the information that would have been obtained directly from the IRS. This will likely cause delays in processing your FAFSA application.
- Part I of your Student Aid Report (SAR) will tell you if you have been selected for verification.
IRS Tax Return Transcript Request Process
Three Ways to Order Your Free Tax Return Transcript
- Go to the IRS Web site
- Click “Order a Tax Return or Account Transcript”
- Click “Order a Transcript”
- Enter the tax filer’s Social Security Number, date of birth, street address, and zip or postal code. Use the address currently on file with the IRS. Generally this will be the address that was listed on the latest tax return filed. However, if an address change has been completed through the US Postal Service, the IRS may have the updated address on file.
- Click “Continue”
- In the Type of Transcript field, select “Return Transcript” and in the Tax Year field, select “2012”.
- If successfully validated, tax filers can expect to receive a paper IRS Tax Return Transcript at the address included in their online request, within 5 to 10 days from the time the on-line request was successfully transmitted to the IRS.
- IRS Tax Return Transcripts requested online cannot be sent directly to a third party by the IRS.
- Call the IRS at 1-800-908-9946
- Tax filers must follow prompts to enter their social security number and the numbers in their street address. Generally this will be numbers of the street address that was listed on the latest tax return filed. However, if an address change has been completed through the US Postal Service, the IRS may have the updated address on file.
- Select “Option 2” to request an IRS Tax Return Transcript and then enter “2012”.
- If successfully validated, tax filers can expect to receive a paper IRS Tax Return Transcript at the address that was used in their telephone request, within 5 to 10 days from the time the IRS receives the request.
- IRS Tax Return Transcripts requested by telephone cannot be sent directly to a third party by the IRS.
- IRS Form 4506T-EZ should be used instead of IRS Form 4506-T because it is sufficient to request an IRS Tax Return Transcript.
- Download IRS Form 4506T-EZ
- Complete lines 1 – 4, following the instructions on page 2 of the form. Note that line 3 should be the most current address as filed with the IRS. It is the address where the IRS Tax Return Transcript will be sent. If the address has recently changed, include the address listed on the latest tax return filed on Line 4. However, if an address change has been completed through the US Postal Service, the IRS may have the updated address on file.
- Line 5 provides tax filers with the option to have their IRS Tax Return Transcript mailed directly to a third party by the IRS.
- Institutions are responsible for notifying aid applicants whether to list the institution as the third party to receive the Transcript or not. Some institutions may have difficulty matching a parent’s incoming IRS Tax Return Transcript to the aid applicant, as the two names may be different.
- On line 6, enter “2012” to receive IRS tax information for the 2012 tax year that is required for the 2013-2014 FAFSA.
- The tax filers (or spouse if requesting information from a joint tax return) must sign and date the form and enter their telephone number. Only one signature is required to request a transcript for a joint return.
- Mail or fax the completed IRS Form 4506T-EZ to the appropriate address (or FAX number) provided on page 2 of Form 4506T-EZ.
- Tax filers can expect to receive their transcript within 5 to 10 days from the time the IRS receives and processes their signed request. NOTE: Processing form 4506T-EZ means verifying/validating the information provided on the form. If any information does not match the IRS records, the IRS will notify the tax filer that it was not able to provide the transcript.