Help please. EFC changed from 667 to 2371?

dodgersmom
Wed, 26 Jun 2013 04:41:59 +0000

It has to do with taxes … like social security, etc.



Would it not be because certain business deductions are disallowed in calculating business income for FAFSA purposes?

It doesn’t make sense that the increase would be attributable to taxes, since the self-employment tax actually reduces the take-home pay of someone who’s self-employed . . . meaning it’s worth less, dollar for dollar, than the equivalent earned income.