Tuesday, February 5, 2013

Tax Preparation & FAFSA

Tax Preparation & FAFSA

A few weeks ago we sent out a broadcast on filing your 2012 tax return. This is a reminder for those of you who need to file, that taxes are due April 15th. You likely qualify to get your taxes done for free in February and March if you make less than $51,000. To find a site near you that is offering free tax preparation, call 1-800-906-9887.

If you’re interested in attending college or a career school, FAFSA, or the Free Application of Student Aid is an important application to fill out in order to see if you qualify for grants, loans, and work-study to help pay for it. Federal Student Aid is a part of the U.S. Department of Education and is the largest provider of student financial aid in the nation. Many universities and colleges across the country have deadlines for their FAFSA applications, typically in February, so act quickly. In order to complete your 2013 FAFSA you will need information from your 2012 tax return; if you haven’t filed yet it is still important to fill out a FAFSA by your colleges’ deadline. You can do this by entering in your 2011 tax information and choosing the “will file” option. By doing this you hold your position in line to possibly receive financial aid.

If you need help with filling out your FAFSA, a program called College Goal Sunday may be able to help you. To find out, visit www.collegegoalsundayusa.org  and click “find a location near you”.

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