Error in IRS data transfer tool/unemployment taxation

kelsmom
Fri, 11 Feb 2022 17:48:18 +0000

See this link: Impact of American Rescue Plan Change to Tax Treatment of Unemployment Benefits on Student Aid Eligibility for Cycle 2022–23 (Updated Oct. 15, 2021) | Knowledge Center. Something similar happened in the late 2000’s, and my financial aid office ran a report to identify all FAFSAs with unemployment … we automatically fixed them. Because a lot of aid offices are short staffed these days, I suggest contacting schools to let them know. They’ll fix it on their end.