FAFSA questions about assets?

sk8rmom
Fri, 11 Feb 2011 19:22:24 +0000

Students have a $4500 income protection allowance.



Not sure where that number is coming from…worksheet A show a dependent student has income protection of $5250, plus allowances for taxes.

Swimcatsmom, wouldn’t the IRA deduction just be added back in as untaxed income when she answers question 92? Or is that question skipped if the qualifiers for Auto 0 are met?