Life Insurance payout

[Luanne]

@DigitalDad

Your Juniors’ application will use tax information from the prior-prior year - so when you fill out the FAFSA in 2024, it will be the tax return for 2022 - not this year.

This year’s tax return will be relevant when filling out the FAFSA for the second year of college.

I don’t think this is correct. The FAFSA filled out in 2024 is the 2025-2026 FAFSA and will use 2023 income/tax forms. Prior-prior starts counting from the year the student is in college. So for fall 2025, that’s 2023 information (prior-prior).