FASFA - 2019 Tax Return

You might run the NPC with both the ‘regular’ income and the ‘new and improved’ income. It may not make any difference at a ‘doesn’t meet full need’ school or for things such as a Pell grant

You have to fill out the FAFSA and answer the questions as asked, so you will have to put all that extra income down. Worst case, by Oct 2020 when you fill out the FAFSA you’ll have spent all that extra income and ask for professional judgment (appeal) from the FA office. Best case? You find another job and you have all that bonus and extra income banked to pay for college.