When FAFSA asks about earnings...

sblake7
Mon, 31 Dec 2007 02:59:21 +0000

“so their adjusted gross income would be just adding their gross incomes at their jobs?”

No. Their adjusted gross income is what they put into the last box of the first page of their tax returns, where it says “Adjusted Gross Income”. It will probably be less than the sum of their gross wages, unless they have investment income.

You won’t know precisely what this number is until after their '07 taxes are done, probably in a couple months. So you estimate for now, and correct it online later.