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03.18.08 | NASFAA: IRS 1040 Tax Form Change Affects FAFSA

Posted in FAFSA by Christopher Penn

From NASFAA, the National Association of Student Financial Aid Administrators:

After the paper version of the FAFSA was published by the Department of Education (ED) and the FAFSA on the Web site went live on January 1, 2008, IRS changed the Form 4136 line item for reporting the credit for tax on special fuels from line 17 to line 18.

IRS Form 4136, line 18, is the correct line item to use for reporting the credit for tax on special fuels on Worksheet B for the 2008-09 award year.

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