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Financial aid awards are made for one year at a time. Total income you received from wages, salaries and tips. Taxable interestIf you received any interest that is subject to income taxes, enter the total amount received here. You must be admitted into a degree-seeking program.
Total taxGrand total of your 2007 Federal tax bill. This gives the financial aid office your financial need at LSU. Unemployment compensationIf you collected any unemployment compensation, it is considered taxable income. Income from Schedule ERental real estate, royalties, partnerships, S Corporations, trusts, etc. View advice from millions of taxpayers and experts right on your screen with our Live Community. Adjusted gross incomeAdjusted gross income AGI is calculated by subtracting all deductions from lines 23 through 33 from your total income. You'll be half finished before you even start your state return. Married filing separatelyIf you are married, you have the choice to file separate returns. SingleIf you are divorced, legally separated or unmarried as of the last day of the year you should use this status. We will use this amount to calculate your total refund or amount you may owe.
Total paymentsTotal of all tax payments made in 2007. Total tax after creditsThis is the total federal income tax you will need to pay in 2007. Federal income tax withheldEnter the total of all federal income tax that you expect to have withheld from your pay throughout the year.
This amount is subtracted from the total tax amount. TurboTax Deluxe updates and displays your refund as it rises. This includes self-employment tax, alternative minimum tax, and household employment taxes.
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