filing-the-fafsa-2015-2016-edition

Filing the FAFSA 157
USC
USCIS
USED
UTMA
VA
WIA
WIC
YTD
United States Code
U.S. Citizenship and Immigration Services
U.S. Department of Education
Uniform Transfer to Minors Act
U.S. Department of Veterans Affairs
Workforce Investment Act
Special Supplemental Nutrition Program for Women, Infants and Children
Year-To-Date
Definitions
Visit www.edvisors.com/glossary/ for a more comprehensive glossary of college admissions and
financial aid terminology.
1040
IRS Form 1040 is a federal income tax return for individual taxpayers.
1040A
IRS Form 1040A is a shorter version of IRS Form 1040 for individual taxpayers who satisfy certain
restrictions, such as limitations on the types of income received by the taxpayer and limitations on the
types of adjustments to income. Taxpayers who file IRS Form 1040A also cannot itemize their deductions.
1040EZ
IRS Form 1040EZ is a simplified version of IRS Form 1040A for taxpayers who have no dependents.
1098-E
IRS Form 1098-E is used to report student loan interest paid by a borrower.
1098-T
IRS Form 1098-T is used to report tuition and fees paid by a taxpayer. These payments may entitle the
taxpayer to claim education tax credits or certain exclusions from income.
1099
IRS Form 1099 is used to report income other than wages, salaries and tips. It may be used to report
income paid to an independent contractor, interest and dividend income, and implied income from the
cancellation of debt.