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My parents will not complete their federal tax returns before the deadline for filing the FAFSA and PROFILE. Should we wait to file these forms until their tax returns have been completed?

April 26, 2017COMPLETE Deadline FAFSA federal tax filing Parents profile returns tax returns wait

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My parents will not complete their federal tax returns before the deadline for filing the FAFSA and PROFILE. Should we wait to file these forms until their tax returns have been completed?

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No. You can complete the FAFSA and PROFILE based on reasonable estimates of your parents’ prior year income. Later, when tax returns are complete and you receive the federal Student Aid Report and PROFILE Acknowledgement, you can make any necessary corrections.