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IRS Data Retrieval Tool

What it is and why you should love it.
by Heather Crofutt on 18 February 2013

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Transcript of IRS Data Retrieval Tool

Conclusion The IRS Data Retrieval Tool This process will help you complete the FAFSA more accurately and help avoid unnecessary delays in being awarded financial aid. The IRS Data Retrieval Tool (DRT) is available for online FAFSA submission at www.fafsa.gov. The DRT allows FAFSA applicants and parents the ability to transfer their income information from the IRS to the FAFSA. On www.FAFSA.gov click "Start A New FAFSA" Under the Financial Information section, you will be asked a series of questions to determine whether or not you (or your parents) are eligible to use the tool. If you are eligible to use the IRS Data Retrieval Tool, you will be prompted to enter your PIN number and then "Link to IRS". Step 1 Step 2 Step 3 For the 2013-14 academic year, all FAFSA applicants and parents who indicate they have filed/will file a 2012 tax return will be directed to use the IRS DRT to report their income information on the FAFSA. This step is not required but will help eliminate incorrect information being submitted on the FAFSA as well as prevent delays. Once you are connected to the IRS.gov site, review your information for accuracy, select the appropriate box at the bottom, and select "Transfer Now". Step 4 You will then be returned to the FAFSA website to complete the remainder of your FAFSA. You successfully transferred your income information! Please remember Please remember that Chadron State College’s FAFSA priority deadline is June 1.
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