<p>I’m filling out fafsa right now with the 2007 forms.
I don’t know if I’m missing a page or what… I can’t find income tax anywhere on my parents 1040a.
Did they re-word the question maybe?</p>
<p>Can anyone help?</p>
<p>Line 37 - total tax (on the 2007 form)</p>
<p>Thanks!
Would you also know where to put the Parent’s Social Security Income on that 2007 1040a form?
I’ve seem to have gone through the whole thing without putting it anywhere.</p>
<p>On the 2007A tax return? It is right at the beginning next to their names.</p>
<p>If they filed the return doesn’t it already have their SSNs? I’m confused.</p>
<p>Maybe I don’t know what I’m talking about.</p>
<p>On the top of my first page it says…</p>
<p>(For use only by tax payers who receive social security benefits)</p>
<p>And then…</p>
<p>Line 1 = AGI-$1,579 (K, I entered that)
Line 2 = Amount in Box 5 of all forms SSA- 1099 and Forms RRB- 1099 - $20,790</p>
<p>I really don’t know what that LINE 2 means but it seems important like it should be entered somewhere and I haven’t figured out where to put it.</p>
<p>Sorry if my original post is gibberish, lol.</p>
<p>Does the tax form say 1040A on the top. This does not sound like the 1040A.</p>
<p>Non of the federal tax returns have the AGI in line 1. You are looking at something other than a 1040A.</p>
<p>Oops… it’s not a 1040a… it’s some sheet my mom handed to me with the 1040A…</p>
<p>It’s a “Computation of Modified AGI” Worksheet.</p>
<p>So I should just ignore it I guess, right?</p>
<p>And yes, Sue, the 1040a also has my parents’ AGI at $1,579 on line 21 labeled Adjusted Gross Income.</p>
<p>Yeah, I guess I’ll just ignore that then because that number is nowhere on my 1040a.</p>
<p>Are you looking at Appendix B. - Worksheets for Social Security Recipients Who Contribute to a Traditional IRA?</p>
<p>That is not the 1040A.</p>
<p>Hold on. Let me read Sue’s post first.
This was written before I saw.</p>
<p>In reply to swimcatsmom,</p>
<p>No it’s not that. I don’t know what it is.
On the bottom left where the others say 1040A(2007) this one says WS SS(2007)</p>
<p>I know my family gets something like $1,300 per month to live off of from social security. (not supplemental security) There’s nowhere on the 1040a that listed that I see. And I don’t see it on FAFSA either.</p>
<p>So I just don’t report that? That doesn’t seem right.</p>
<p>
Actually not necessarily. My husband is retired. His SS income does not become taxable unless our other income goes over a certain amount. It is a rather complex formula - you add half the SS income to your other income. If the total is more than the base amount allowed ($32,000) then the SS income starts to become taxable. The last couple of years none of our SS income has been taxable.</p>
<p>Ok, nevermind. Sue deleted her post. I didn’t even read it.</p>
<p>then I guess it’s possible to have an AGI of 1500 if your only income is SS and it’s a very low amount. I never encountered that scenario.</p>
<p>BillF - it sounds like your parent have a low AGI and some untaxed SS income. (We have the same though our AGI is not as low as that). When we file FAFSA we put the AGI from the tax return onto the line that asks for the AGI. The untaxed social security used to go an a schedule that included untaxed income. I am not sure where it goes on this years.</p>
<p>Did they file a tax return?</p>
<p>Yeah, but that $1,579 isn’t even from SS, it’s from 2 Savings Bonds. ($815 and $764)</p>
<p>So without those I’d be reporting absolutely 0 income and I don’t think that’s what I’m supposed to be doing. Is it?</p>
<p>^ That was written before I saw your last post.</p>
<p>I assumed they did because I thought everyone did. Is there a way to check? Otherwise I’ll have to ask tomorrow.</p>
<p>Actually, yeah, I’m pretty sure they did.</p>
<p>You needed to to get that economic stimulus money, right?</p>
<p>I remember my mom waiting for that.</p>