I am but confused on how this work. If you work full time all year around then you recertify with your taxes.

    1. If you lose your job or laid off or quit then you can recertify again

    But

    If you work contract work that is on W2.

    Year 1

    Worked February -june only

    Year 2

    worked Jan -march

    Worked may-july

    Year 3

    Worked jan- August

    Year 4

    No work

    How do you go about recertifying the income? Because each year the taxes are so different. So you might have made a lot of money the year before but now you don't so you would actually pay more than 10%. Do you just recertify more often then? When you find a contract and when it ends?

    IBR and contract work
    byu/flyfreeNhigh inStudentLoans



    Posted by flyfreeNhigh

    Leave A Reply