Unreliable Income Estimation for FAFSA

<p>So my Dad gets paid on commission and he hasn’t filled out his income tax return yet. Since he gets paid based on commission he has almost no idea how much money he made this year. My dad will probably know in like a week or two but the FAFSA deadline for one of my schools is Feb 1st. I know that your allowed to estimate and then correct it later, but if our estimation is way off will that cause a problem?</p>

<p>It should not be a problem, but he ought to have all his 1099s by this weekend and you can just use 2007 or whatever number he thinks it will probably be</p>