ED has released the “2013-2014 FAFSA Verification-IRS Tax Return Transcript Matrix.” Similar to last year, the matrix helps Financial Aid Administrators correlate the correct lines on the Tax Return Transcript to the questions asked on the FAFSA and displayed on the ISIR.
The Tax Return Transcript Matrix is also a useful tool for assisting students as they complete the FAFSA if they have a question about what data is being asked, or if they are not able to utilize the IRS Data Retrieval Tool (DRT).
The Matrix was released in the March 15, 2013 Electronic Announcement. You can download the matrix here.
If you have any questions regarding the information in this Did You Know, please contact your Customer Service Representatives by calling 800.327.5772 x 5.