That’s an important question if you’re submitting a FAFSA soon. The FAFSA will always require income information from two years prior to the year that you’ll be attending college. That means if you’re submitting the 2019-2020 FAFSA, you’ll need your 2017 tax return to complete the application. For those who earned income in 2017, but not enough to require filing a return, the income still needs to be reported on the FAFSA. Always keep your W2’s, especially for any year that you didn’t file a return.
If you’re a dependent student, your parents will also need to report their 2017 tax information.* Parents who filed a joint return in 2017 should have their W2’s handy, too, because the FAFSA will ask about the income of ‘Parent 1’ and ‘Parent 2’.
Because you must complete the FAFSA each year you need student aid, it’s best to keep all relevant documentation together in a safe location, including your FSA ID (username and password). This will help you quickly and accurately finish all future FAFSAs.
*To determine whether you’re a Dependent or Independent student on the FAFSA, fill out the Dependency Questionnaire at UCanGo2.org.