I'm making corrections to my 2007-2008 Federal Appication for Student Federal Aid (FASFA).
I know my 'Earned income', however, the FASFA asks for "Total Amount for Worksheet A" and "Total Amount for Worksheet B."
The only income/assests I recieved/have is the 'Earned Income' I recieved in that year.
Nothing in my tax papers mentions anything about Worksheet A and Worksheet B.
What's the deal???
2007-07-30 09:50:51 · 4 answers · asked by Thinking 5 in Business & Finance ➔ Taxes ➔ Other - Taxes
"Earned income is a completely different thing when it comes to federal taxes. "Earned income" is not what you made that year."
That helps me out a whole lot....
2007-07-30 09:57:28 · update #1
The worksheets are on page 8 of the FAFSA. It tells you that right on the FAFSA.
2007-07-30 12:37:06 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋
The worksheets come from the publication where the Tax forms are found they are used to calculate the values that you enter into the tax form, and don't need to be used. Every form publication will have a worksheet associated with it. In this case the worksheet A is probably from your 1040.
2007-07-30 10:05:36 · answer #2 · answered by Dan S 7 · 1⤊ 2⤋
You will find the worksheets in the instructions for the form in question. Go to the IRS web site to find it.
2007-07-30 10:02:05 · answer #3 · answered by Anonymous · 0⤊ 3⤋
Earned income is a completely different thing when it comes to federal taxes. "Earned income" is not what you made that year.
2007-07-30 09:54:45 · answer #4 · answered by sortaclarksville 5 · 0⤊ 3⤋