100% of the income my parents received last year was social security. My dad is disabled and neither work.
Last year they were not required to file their taxes.
Right now I’m trying to apply for financial aid.
It says I need copies of their Federal Income Tax forms, W-2 forms, ect.
Which documents are they supposed to have? Do they have either of these? I called my mom and she says she doesn’t have either since they didn’t have to file. Is she wrong?
I received a $2000 refund check this year for college. When I file taxes this year, will I owe taxes on that amount since I did not use it for educational purposes? And none of this money was from loans.
May 30
I’m worried about paying for my son’s college and, with him being 16, there isn’t much time to save. I’ve heard that if he hasn’t been claimed on his parent’s taxes as a dependent for 2 years prior to applying, he may qualify for a Pell grant and other financial aid. But I can’t find anything in writing to support that. Should I not claim him this year?
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