Parents' Income Estimator

If your parents have not yet completed a 2007 income tax return, this worksheet will help to figure out your parents' adjusted gross income for 2007. The total will be entered on the FAFSA for Question 79. All questions refer to income earned in the year 2007.

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 your parents' estimated income for the year 2007.	Enter whole dollar amounts in this box, and do not use commas. $ .00
Total	This is a display field only. It holds a running calculation of the entered values. $ .00