The easiest way to update your tax information is by using the IRS Data Retrieval Tool (IRS DRT).It allows you to transfer your tax information directly into your FAFSA!If you’re not eligible to use the IRS DRT, you can manually enter the data from your completed tax return.Click Link to IRS and log in with the IRS to retrieve your tax information.Check to see if your tax return is available and if you’re eligible to use the tool. Parents: Your child must initiate the FAFSA correction process by logging in first, continuing to Step #3, and creating a Save Key*.You usually have to wait a few weeks after filing your taxes before you can use the IRS DRT, but this tool can save you lots of time. If you need to make corrections to your child’s FAFSA, get the Save Key from your child.before you (and your parents, if you’re a dependent student) filed your 2015 taxes?If so, it’s time to return to your application to update the information you estimated with the actual numbers from your 2015 tax return.
Send students and parents to Student Aid.gov/fsaid for information about the FSA ID and a link to create an FSA ID. We urge you to advise your students not to pay these sites for assistance that is provided for free at ED's website.Important Note: The FSA ID and the FAFSA each ask for an e-mail address.If you change your e-mail address in one, be sure to check to see if you need to change it for the other.Once you do, you can log in by entering the student’s information.The FAFSA will ask you to enter the “Save Key” if you wish to continue.