What was your parents' adjusted gross income from their tax return?

What was your parents' adjusted gross income from their tax return?

This is a FAFSA4caster question.

If you have provided parental information, this question can’t be left blank unless your parents won’t file a tax return.

Adjusted gross income (AGI) includes more than wages earned. For example, it can include alimony, Social Security, and business income.

Enter the total amount of your parents' AGI in the last calendar year. If your parents filed separate tax returns, enter the amount of their combined AGIs. 

This information can be found on line 7 of your parents' 2018 IRS Form 1040. 

If your parents filed separate IRS Form 1040 tax returns, calculate their total AGI by adding line 7 from both tax returns and entering the total amount.

NOTE: If one or both parents will file a federal tax return, but haven’t yet filed, estimate the amount that will appear in line 7.

If one of your parents has filed an IRS Form 1040 tax return and the other parent didn’t and won’t file, add line 7 from the 1040 to the other parent’s income earned from working (for example, earnings from the W-2 form[s] and/or any other earning statements) to calculate their total AGI.


If your parents' AGI is Enter
Ten million or more 9999999
Negative ten million or less -9999999
Zero 0

Round to the nearest dollar. Don't include commas or decimal points.

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