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Question: Financial aid, tax return, and off the book?

(Posted by: student on 2010-04-12 17:47:20)

Hi i have a trouble with my financial aid and tax returns. i worked off the book. and i have no W2 form. i have to show my tax return information to the financial aid office. but i am confused. is there any chance to do anything? can i do my taxes in spite of my W2 form.

Answers:

Posted by: Ryan M on 2010-04-12, 17:50:03

You are going to have to both CLAIM and PAY TAXES on the "off the book " income. You cannot commit tax evasion and use that same income to claim federal adn state assistance.

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