To allow families in need of financial aid to complete their FAFSA sooner, the financial information from the previous year's return is used. Students and their families will use their financial information from the prior year tax return to complete the FAFSA.

In TaxAct, if you import your prior year return to your current return, this information will be imported into your FAFSA Tax Summary Worksheet.

To access the College Student Financial Aid Report (the worksheet with the tax information needed to fill out the FAFSA online application) in TaxAct, follow the steps below.

Online

Dashboard

1. From within your TaxAct return, click Review.
• On smaller devices, click the menu at the top left corner of your screen, then make your selection.
2. Below Review, click College Student Financial Aid.
3. Complete the interview process. At the end, click Print Report.

Classic

1. From within your TaxAct return, click the Review drop-down, then click College Student Financial Aid.
• On smaller devices, click the menu at the top left corner of your screen, then make your selection.
2. Click Yes, let's get started, then continue with the interview process to enter your information.
3. On the screen titled FAFSA Interview Complete, click Print report to generate a paper copy of the FAFSA Summary Report.

Desktop

1. From within your TaxAct return, click the Review drop-down, then click College Student Financial Aid.
2. Click Yes, then continue with the interview process to enter your information.
3. On the screen titled FAFSA Interview Complete, click Print report to generate a paper copy of the FAFSA Summary Report.

The FAFSA online application can be completed with the information you have in the printed report from TaxAct. For specific questions regarding FAFSA, call the Federal Student Aid Information Center at 1-800-433-3243.