<p>musicmom,
I think what chelle meant about last year’s data was her tax returns for 2006, not for 2007 which are not completed yet. She could not have been referring to 2008 as the year is just beginning. If your tax data is not yet done for the year 2007, you file with the previous year’s data and update later (when your 2007 taxes are filed) as Chelle said. But I truly don’t believe what you make in the year 2008 is taken into account. </p>
<p>Chelle, if you look at the deadlines for your D’s schools and if Feb. 15 is given for the FAFSA to be submitted, there is no harm in waiting up until the deadline. You just have to get it in by the deadline. There is no advantage to getting it in earlier.</p>