Originally posted by Doctortobee
I have no clue what I'm doing...I will be attending med school in August 2003. SO when do I apply for aid? What year's taxes will they be using?
Yes, you still need your parents' info. I know of people who had been married for years and still had to ask their parents for the information. Your financial need will NOT be based on your parents finances though, because by definition you are considered independent because you are attending a grad/professional school. The parental info is based on some institutional scholarships that may factor in their income. However, as far as the government and loans are concerned, they will only look at you.Originally posted by Doctortobee
Won't my 2002 taxes be done after Jan or Feb? If my parents don't claim me as a dependent on their 2002 taxes, will I still need their information?
Many people put off doing their taxes until April unless they need to do them early. However, you are right that unless your financial situation is incredibly complicated, you will have everything you need (W-2, any 1099s, mortgage statement, school tuition info for write-off, etc) by the end of January. If you normally do your taxes in January or February, I applaud you, and recognize that you probably got all your applications in early as well. Good job!Originally posted by Doctortobee
Won't my 2002 taxes be done after Jan or Feb?
Yeah, I hear you. Talk to them now, and if they have an attorney or an accountant who handles their taxes, make sure they have an appointment with her in January. If you have to, schedule it for them.Originally posted by Doctortobee
My parents taxes are quite complicated...great...
Not for Stafford loans.Does it matter if they claim me as a dependent for 2002 or not?