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Student's Income Estimator
If the student (and the student's spouse) has not yet completed their 2003 taxes, this worksheet will help you figure out his/her adjusted gross income for 2003. The calculated total will be entered on the FAFSA for Question 35.
All questions refer to income earned in the year 2003.
Wages, salaries, tips, etc.
Enter whole dollar amounts in this box, and do not use commas.
$
.00
Interest Income
Enter whole dollar amounts in this box, and do not use commas.
$
.00
Dividends
Enter whole dollar amounts in this box, and do not use commas.
$
.00
Other taxable income (alimony received, business and farm income, capital gains, pensions, annuities, rents, unemployment compensation, Social Security, Railroad Retirement, and all other taxable income)
Enter whole dollar amounts in this box, and do not use commas.
$
.00
IRS-allowable adjustments to income (payment to IRA and Keogh Plans, one half of self employment tax, self-employed health insurance deduction, interest penalty on early withdrawal of savings, alimony paid, and student loan interest deduction)
This amount will be subtracted to equal the student's (and the students spouse's) estimated income for the year 2003.
Enter whole dollar amounts in this box, and do not use commas.
$
.00
Total
$
.00
This is a display field only, it holds a running calculation of the entered values.