IRS Data Retrieval Tool—Update

Tuesday, January 15th, 2013

The Internal Revenue Service (IRS) announced that it won’t begin accepting 2012 tax returns until January 30, which will delay the availability of data through the Department of Education’s (ED) data retrieval tool (DRT) for the 2013-14 FAFSA. The January 30 start-up date is eight days later than originally planned due to the January 2 enactment of tax law changes made to resolve the “fiscal cliff.”

The DRT is scheduled to go live for the 2013-14 award year on February 3. However, since tax data is generally not available for retrieval for at least three weeks after a tax return is electronically filed, the earliest that the DRT will have 2012 tax information available for retrieval will be late February.

Tagged as: , , ,