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A wage verification form is a document used by organizations to confirm an individual's income for various purposes such as child support evaluations, employment, loan approval, insurance inquiries, government assistance programs, etc. The form includes details like employee's consent, job title, start date, monthly pay with bonuses, commissions, and tips, schedule, employer's information, and signature. It's essential to note that employers are not allowed to disclose income information without the employee's consent.