For tax filers, enter the Parent 1 portion of the combined amounts from IRS Form 1040 line 1 + Schedule 1 lines 3 + 6 + Box 14 [Code A] of IRS Schedule K-1 (IRS Form 1065).

If your parent didn’t file taxes, enter the total amount of earnings from work in 2021. Add up the earnings from the W-2 forms and any other earning statements.

For tax filers, enter the Parent 2 portion of the combined amounts from IRS Form 1040 line 1 + Schedule 1 lines 3 + 6 + Box 14 [Code A] of IRS Schedule K-1 (IRS Form 1065).

If your parent didn’t file taxes, enter the total amount of earnings from work in 2021. Add up the earnings from the W-2 forms and any other earning statements.

Net investment assets include the current value minus debts related to real estate (other than the home in which you live), stocks, bonds, certificates of deposit, and 529 plans owned by parents.

Assets do not include the home in which you live, the value of life insurance, retirement plans (401[k] plans, pension funds, annuities, non-education IRAs, Keogh plans, etc.), or the value of small business or family farm.

For tax filers, enter the combined amounts from IRS Form 1040 line 1 + Schedule 1 lines 3 + 6* + Box 14 [Code A] of IRS Schedule K-1 (IRS Form 1065).

If your didn’t file taxes, enter the total amount of earnings from work in 2021. Add up the earnings from the W-2 forms and any other earning statements.

Include net investment assets of spouse if married.

Net investment assets include the current value minus debts related to real estate (other than the home in which you live), stocks, bonds, certificates of deposit, and 529 plans owned by the student (this is rare).