Using the FAFSA IRS Data Retrieval Tool

Presented by:The OCTech Financial Aid Office

IRS Data Retrieval ToolBeginning February 1, 2012, The Department of

Education will implement a new tool to automatically fill in income information on the 2012-2013 FAFSA.

Applicants who are eligible to use the IRS DRT process are linked to the IRS Website.

Each applicant must have their FAFSA PIN number in order to transfer all income information onto the FAFSA.

The IRS DRT process will be enhanced to more effectively encourage users to link to and transfer data from the IRS

What is the Purpose for Using this Tool? By using this tool, it provides a easier way of

providing accurate income information on the FAFSA.

Applicants that use this tool are more likely to not be selected for verification by the Department of Education.

This tool provides a easier way of completing the FAFSA.

How Do I know if I’m Eligible to Use this Function?Dependent and

independent applicants (and the applicants’ parents, when applicable) who meet the following criteria may be eligible to use this function:Must have a valid SSNMust have filed a 2011

Federal Tex returnMust have an

unchanged status since December 31, 2011

How Do I know if I’m Eligible to Use this Function?

Before linking applicants to the IRS site, each applicant must answer a set of Filter questions to determine eligibility.

How Do I know if I’m Eligible to Use this Function?

Based on the response to the student’s or parent’s filtering question, the student or parents are placed into one of the following categories:

Recently filed, data many not be available If you recently filed taxes within 2 weeks of

submitting the FAFSA, applicants may not be able to use this function. You will be redirected to manually input your income information

Eligible to transfer data If the student or parent(if applicable) does

not qualify for any of the filter questions, the Department of Education will recommend that each applicant or parent to transfer data from the IRS website. You will be redirected to the Irs.gov site.

Not eligible to transfer data If a student or parent(If applicable) falls

under any of the first four filtering questions, he or she will not be able to use the IRS DRT function. You will be redirected to manually input your income information

Using the IRS Data Retrieval ToolOnce the applicant or

parent accepts to use the DRT function, he or she will be forwarded to the IRS website to input all necessary information to validate identity.

Using the IRS Data Retrieval ToolAfter entering all personal

information, the IRS will automatically populate income information that has been reported on the current year’s taxes.

Tax data will be presented and the applicant will have the option to “Transfer” the tax information to the FAFSA.

Transferred data will have a notation- “Transferred from the IRS” for successful usage of this tool.

If you have any questions, please feel free to contact the Financial Aid Office.