Need help with specific question on FAFSA
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Need help with specific question on FAFSA

 
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Kimberly
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Posted: Mon Jan 19, 2004 2:29 am    Post subject: Need help with specific question on FAFSA Reply with quote

Enter the student's (and his/her spouse's) exemptions for 2003
(question 37):

--- How do I know how many exemptions we had for 2003? There are just
the 2 of us, but I am not sure how we have our paychecks setup. How
does this question affect the student aid?

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Steve Blank
Guest





Posted: Mon Jan 19, 2004 1:22 pm    Post subject: Re: Need help with specific question on FAFSA Reply with quote

Kimberly wrote:

Quote:
Enter the student's (and his/her spouse's) exemptions for 2003
(question 37):

--- How do I know how many exemptions we had for 2003? There are just
the 2 of us, but I am not sure how we have our paychecks setup. How
does this question affect the student aid?

The question means, how many exemptions will you be taking on the tax
return, not what you chose on your W-4 for withholding. You're married
with no kids - two exemptions if you are filing a joint return.


--
Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761
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