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Wages, salaries, and tips; taxes/FAFSA help; 10 points?


I'm filling out my FAFSA information for financial aid for college.

It asks for wages, salaries, and tips and directs me to box 1 of my W2.

I don't have my W2 yet but I have my final paystub from 2008 which shows my year to date earnings.

How do I find what would be in box 1 of my W2 on this paystub?

My guidance counselor said it'd be on here, I'm just not sure which amount it is.

Is it the one that has already had federal taxes deducted? state and federal taxes deducted? No taxes deducted?

Thanks soo much!!!

You can't get that info from your last paycheck. Nor can you get how much your tax liability will be when you file your taxes, or your number of exemptions. You need to wait for your W2 and do your taxes for 2008 before you do your fafsa.

Even if you do enter it, you are just going to have to go back and correct the tax info information anyway. Save yourself some time, headache, and wait enter accurate information once.

Don't enter inaccurate information once and risk being selected for verification later. Too many corrections to your fafsa will flag you for audit.

It would be your GROSS Year to Date on your final paystub.

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