Quick reference for 2007-08 ISIR Element Verification Process

Using 2006 U.S. IRS Tax Returns and the Puerto Rico Tax Return Forms
ISIR Element FAFSA, ISIR IRS IRS 1040A IRS 1040, Forms PR Tax PR Tax
& SAR 1040EZ Schedules Long Form Short Form
Total # of exemptions (S) 37 Line 5 Line 6d Line 6d Schedule A1 Schedule A1
Total # de exenciones (P) 81
*AGI from IRS Form (S) 35 Line 4 Line 21 Line 37 Page 1, Part 2 Page 1, Part 2
Ingreso Bruto Ajustado (P) 79 Line5 Line 4
U.S. Income Tax Paid (S) 36 Line 11 Line 35 Line 57 Page 2, Part 4 Page 3, Part 4
Responsabilidad Contributiva (P) 80 Line 33 Line 15
Earned Income Credit Crédito para (S) 40 Line 8a Line 40a Line 66a Page 2, Part 4 Page 3
Contribuyentes Asalariados (P) 84 Line 31 or Part 4
Schedule B, Line 12 & 13
part 2, line 17
Additional Child Tax Credit (S) 40 N/A Line 41 Line 68 N/A N/A
(P) 84
Earnings from Work (tax filers) (S) 38-39 Line 1 Line 7 Lines 7(+) 12(+) 18 Page 1 Page 1,
Ingresos de trabajo (P) 82-83 Part 2, Line Part 2, 1B &
1B & 1C 2(02)
** Social Security Benefits (S) 40 N/A Lines 14a-14b Lines 20a-20b N/A N/A
(Untaxed portion) such as SSI (P) 84
Tax-exempt interest Intereses (S) 41 N/A Line 8b Line 8b Schedule F, N/A
Exento de Tributación (P) 85 Part 1, Line 2
of Column B,
C, D,E &F
Untaxed Portions of IRA (S) 41 N/A Lines 11a (-) 11b Lines 15a (-) 15b N/A N/A
Distributions Intereses Exento de (P) 85 (exclude rollovers) (exclude rollovers)
Tributación de IRA
Pensions & Annuities (Untaxed (S) 41 N/A Lines 12a (-) 12b Lines 16a (-) 16b Schedule H, Schedule H,
portion) Cantidad exenta de (P) 85 (exclude rollovers) (exclude rollovers) Part II, Part II,
tributación de Anualidades y Line 8 Line 8
Pensiones
IRA and/or Keogh Deductions (S) 41 N/A Line 17 Total of lines 28 (+) 32 Schedule A, Page 2
Aportaciones a cuenta de Retiro (P) 85 Part II, Part 3
Individual Line 1(42) Line 6A (09)

Foreign Income Exclusión (S) 41 N/A N/A Form 2555, Line 45 N/A N/A
(P) 85 Form 2555EZ, Line 18
Credit for Tax of Special Fuels (S) 41 N/A N/A Form 4136, Line 20 N/A N/A
(P) 85 (non farmers only)
Education Credits (S) 42 N/A Line 31 Line 50 N/A N/A
(P) 86