When your parents had 1099 income, they were self employed, right? Now they are drawing income and have w2 forms. Do they own this business? What moved them from 1099 to W2 earners?
How much is your net cost this year? And what is your parent income before. You don’t need to post those here… but think about it.
Is the $33,000 increase in income double what they previously earned? Or is it a 10% increase…or what?
If your parent income was $60,000 and now it’s $93,000, you will likely see an increase in YOUR net costs.
Also, check your college policies. Some schools have very very generous need based aid for income earners under a certain amount. Once that threshold has been passed, the aid is less generous. Find that out too.
With W2 income, the NPC would yield a better estimate if your net costs than 1099 self employed income would. The only rub with using the NPC now is that it’s set for 2020, and you want to know what’s going to happen in 2021. But I still suggest doing it anyway…using the 2019 W2 income.
You also don’t mention things like home equity, and other assets, or 529 accounts. Those things count too.
Most of these schools use the CSS Profile…so look at the assets it counts.