Important Updates for the Current Year

Federal Student Aid Notice
Time Limitation on Direct Subsidized Loan Eligibility for
First-Time Borrowers on or after July 1, 2013
To view the fact sheet for more information, click here.

 

 

How to Obtain a Free Tax Return Transcript from the IRS

There are four ways to obtain your Tax Return Transcript: print from your computer, order online, order by phone, or order by mail. Make sure you request a Tax Return Transcript; do not request a Tax Account Transcript or Record of Account because these cannot be used for financial aid verification purposes.

 

 

To order online:  Go to www.irs.gov then select the following:

  • Click Get Transcript for My Tax Records under the heading Tools
  • Click Get Transcript by MAIL
  • Enter your SSN, date of birth, street address & zip code (if joint return, enter the SSN of the person whose name appears first on the tax return)
  • Click Continue
  • Select Transcript for Tax Year (2013-14 FAFSA will require the 2012 tax year) and select the type of transcript (select Return Transcript, not Account Transcript)
  • Click Continue

To order by phone: Call the IRS at 1-800-908-9946. Select the following prompts:

  • Enter 1 for English
  • Enter & verify Social Security number (if joint return, enter the SSN of the person whose name appears first on the tax return)
  • Enter & verify number of street address
  • Press 2 for Tax Return Transcript (not 1 for Account Transcript)
  • Indicate the tax year (2013-14 FAFSA will require the 2012 tax year)

To order by mail: Complete IRS Form 4506-T (Request for Transcript of Tax Return).

Keep in mind that it can take up to an additional two weeks for tax return transcripts to be received after your order. Be sure to request this or print it online as soon as possible if notified on the Student Aid Report that you have been selected for verification or once a Missing Information Letter is received from the BCC Financial Aid Office. Processing of verification documentation cannot begin until the tax return transcript is provided by the student. This may impact the ability for aid eligibility to be calculated or posted to your student account!