Posts

Changes to FAFSA and What To Do About It

Filling out the FAFSA is frustrating under the best circumstances. While I was excited about some of the ways the application process was made easier this past fall (“Get ready to apply for the FAFSA“), it looks like some of the tools to make life easier actually got harder in the past month. If you’re attending (or applying to) college in one of the states where the FAFSA deadline has already passed, or if you already completed the application: congratulations! You’re done and don’t have to worry.

Get the latest on the new FAFSA changes. (Credit: Iowa State Daily)

Get the latest on the new FAFSA changes. (Credit: Iowa State Daily)

For the rest of us who tend to put things off until the last minute, plan to set some time aside, pull together your parents’ 2015 IRS paperwork, and get ready to manually enter all that data into the FAFSA. The Data Retrieval Tool, which allowed students to grab that data and fill it out almost instantly, has gone down with no revival date in site. Read more

How To Not Get In a Tax-Related Identity Theft Scam

As if filing your tax return weren’t stressful enough, now you have to worry about tax fraud and someone stealing your identity. What is identity theft? In this case, it’s when someone files a fake tax return using your identity in order to claim an income tax refund.

Don't let identity theft happen to you. (Credit: Pexels)

Don’t let identity theft happen to you. (Credit: Pexels)

Then your legit tax return gets rejected and you don’t get your refund. The IRS wants to alert college students about this scam because we are often at risk. Read more

Get ready to apply for the FAFSA

It’s that time of year again–your free application for federal student aid (FAFSA) can be filed. It seems earlier than before, right? That’s because this year, there’s an earlier filing date for the FAFSA: the application window opened October 1st. Don’t worry, the application deadline is still way off, but it’s a good thing to check on, because there are FAFSA deadlines at the federal, state, and even college level. (Colleges are being encouraged to set the deadline no earlier than February.)

Time to begin applying for the FAFSA. (Credit: PTC.edu)

Time to begin applying for the FAFSA. (Credit: PTC.edu)

I know it can be a hassle to apply for federal aid–I needed it for all four years of undergrad–but with some of the new tools, including the handy IRS Data Retrieval tool, the whole process is getting easier. Read more

Filing taxes — last minute how to tips for college students

Ah taxes … part of entering the world of adults is beginning that lifelong dance with filing taxes. If you had a job in high school, mom and dad may have taken care of your dealings with the IRS, but there is no time like the present to start to tackle filing taxes yourself. Taxes may not be fun, but you gotta do what you gotta do. Here are some things you may not know about how to file taxes, plus tips for college students on how to make the process just a little bit easier, especially if you’ve put them off until the last minute.

Not even taxes can bring down Jerry Maguire. (Source: Create a Meme)

Not even taxes can bring down Jerry Maguire. (Source: Create a Meme)

Tax myths

First things first: you may be operating under the delusion that college students don’t have to file with the IRS. Au contraire! Read more