Complete both parent(s’) and student’s information. The tax form lines referenced below are supplied to assist you in finding the values on your 2018 income tax return. If you have questions, please contact the Financial Aid Office at 402.465.2167 or firstname.lastname@example.org. To ensure accuracy, a copy of your federal tax return may be requested by the Financial Aid office.
To verify and confirm your eligibility for federal and Nebraska Wesleyan University need-based financial aid, you must complete and submit a 2020-21 Free Application for Federal Student Aid (FAFSA) after October 1, 2019 by visiting www.fafsa.ed.gov. Our FASFA school code is 002555.
Indicate type of income tax return to be filed (1040, will not file).
2018 Adjusted gross income (IRS form 1040-line 7).
2018 U.S. income tax (IRS form 1040-line 13).
2018 Student income earned from work (IRS form 1040-lines 1+(from schedule 1 lines 12+18)+ box 14 of IRS schedule K-1 (form 1065)); or, if not required to file a federal tax return, the amount from box 1 of your 2018 W-2(s).
2018 Father/stepfather income earned from work (Share of IRS form 1040-lines 1+(from schedule 1 lines 12+18)+ box 14 of IRS schedule K-1 (form 1065)).
2018 Mother/stepmother income earned from work (Share of IRS form 1040-lines 7+(from schedule 1 lines 12+18)+ box 14 of IRS schedule K-1 (form 1065)).
Education credits (Hope and Lifetime Learning tax credits) from IRS form 1040-schedule 3 line 50.
Child support paid in 2018 because of divorce or separation or as a result of a legal requirement. Don’t include support for children in your (or your parent’s) household.
Combat pay or special combat pay. Only enter the amount that was taxable and included in the adjusted gross income. Do not enter untaxed combat pay reported on the W-2 (Box 12, Code Q).
Payments to tax-deferred pension and savings plans (paid directly or withheld from earnings), including, but not limited to, amounts reported on the W-2 forms in boxes 12a through 12d, codes D, E, F, G, H, and S.
IRA deductions and payments to self-employed SEP, SIMPLE, Keogh and other qualified plans from IRS form 1040-schedule 1 lines 28+32.
Child support received for all children in 2018. Don’t include foster care or adoption payments.
Tax Exempt interest income from IRS form 1040-line 2a.
Untaxed portions of IRA distributions from IRS form 1040-lines (4a minus 4b). Exclude rollovers. If negative, enter a zero here.
Untaxed portions of pensions from IRS form 1040-lines (4a minus 4b). Exclude rollovers. If negative, enter a zero here.
Housing, food and other living allowances paid to members of the military, clergy and others (including cash payments and cash value of benefits).
Veterans noneducation benefits such as Disability, Death Pension, or Dependency and Indemnity Compensation (DIC) and/or VA Educational Work-Study allowances.
Other untaxed income not reported, such as workers’ compensation, disability, etc. Don’t include student aid, earned income credit, additional child tax credit, welfare payments, untaxed Social Security benefits, Supplemental Security Income, Workforce Investment Act educational benefits, combat pay, benefits from flexible spending arrangements (e.g., cafeteria plans), foreign income exclusion or credit for federal tax on special fuels.
Money received, or paid on your behalf (e.g., bills), not reported elsewhere on this form. (Students should exclude money received from custodial parents).