What was your parents' adjusted gross income for 2015?

Previous

This is question 85 on the paper FAFSA.

If your parent uses the IRS Data Retrieval Tool and transfers his/her information from the IRS into your FAFSA, the answer to this question will be pre-filled and identified as “Transferred from the IRS.”

If you are a dependent student, this question cannot be blank unless your parents did not and will not file a tax return.

The response indicates the adjusted gross income (AGI) reported on your parents' 2015 income tax return.

If your parents filed a joint federal tax return, the AGI can be found on:

IRS Form Line #
1040 37
1040A 21
1040EZ 4

If your parents filed separate tax returns, use the table below to calculate their total AGI.

If one parent filed a… …and the other parent filed a… Then enter the following:
1040 1040 Add line 37 from both tax returns and enter the total amount
1040 1040A Add line 37 from the 1040 and line 21 from the 1040A and enter the total amount
1040 1040EZ Add line 37 from the 1040 and line 4 from the 1040EZ and enter the total amount
1040A 1040A Add line 21 from both tax returns and enter the total amount
1040A 1040EZ Add line 21 from the 1040A and line 4 from the 1040EZ and enter the total amount
1040EZ 1040EZ Add line 4 from both tax returns and enter the total amount

NOTE: If one or both parents will file a federal tax return, but have not yet filed, estimate the amount that will appear in the lines noted in the table above.

If one of your parents has filed a tax return and the other parent did not and will not file, use the table below to calculate their total AGI.

If one parent filed a… …and the other parent… Then enter the following:
1040

did not and will not file

Add line 37 from the 1040 to the other parent’s income earned from working (for example, earnings from the W-2 form(s) and/or any other earning statements)
1040A Add line 21 from the 1040A to the other parent’s income earned from working (for example, earnings from the W-2 form(s) and/or any other earning statements)
1040EZ Add line 4 from the 1040EZ to the other parent’s income earned from working (for example, earnings from the W-2 form(s) and/or any other earning statements)

Note: The line numbers above are from the Internal Revenue Service (IRS) tax form, not from the W-2 form.

AGI includes more than wages earned. For example, it can include alimony, Social Security, and business income.

If your parents’ 2015 AGI is:

AGI Enter
Ten million or more 9999999
Negative ten million or less -9999999
Zero 0

Round to the nearest dollar and do not include commas or decimal points.

Related Topics:
Income Estimator
 
How to answer the parent financial questions when parent marital status changed after 2015

Help Print

Close Help