Can I use estimated income information on the FAFSA?

Yes, you can use estimated income information on the FAFSA. The FAFSA form requires financial information from the previous tax year, but if you haven't filed your taxes yet, you can use estimates based on your current financial situation. It is important to provide the most accurate estimates possible, as you may need to update your FAFSA once you file your taxes. Using estimated income allows you to submit your FAFSA earlier, ensuring that you meet the application deadlines for federal and state aid. Remember to update your FAFSA after filing taxes to ensure accuracy and provide actual income information. Providing estimates can help you meet crucial deadlines and receive financial aid more promptly, so make sure to estimate your income carefully.