2022-2023 iv1: independent verification worksheet-2025

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  1. Click ‘Get Form’ to open the 2022-2023 iv1: independent verification worksheet in our editor.
  2. Begin with Section A, where you will enter your personal information including your first name, middle name, last name, and ctcLink ID number.
  3. In Section B, select one of the three options regarding your 2020 tax information. Ensure you check the appropriate box based on your filing status and attach any required documents.
  4. If you selected Option 3 in Section B, complete the income chart by listing your employer(s) and the amount earned in 2020 for both yourself and your spouse.
  5. Proceed to Section C to indicate whether you or your spouse filed an IRA or pensions as a rollover. Attach the necessary documentation if applicable.
  6. In Section D, list all household members along with their ages and relationships to you. Be sure to include anyone for whom you provide more than half of their support.
  7. If applicable, complete Section E by providing documentation of support for any additional household members listed. Write a statement explaining your relationship and support provided.
  8. Finally, sign the certification section at the end of the form. Remember that electronic signatures are not accepted.

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2022 4.1 Satisfied (59 Votes)
2019 4.6 Satisfied (127 Votes)
2018 4.4 Satisfied (129 Votes)
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2016 4.3 Satisfied (186 Votes)
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The Verification Worksheet - Dependent form is a form that is requested of a dependent student selected for FAFSA Verification. The form requires information from both parents and students to verify some of the information provided on the students Free Application for Federal Student Aid (FAFSA).
V4 verification requires you to provide identification to your college to prove you are who you say you are. it also requires you provide a statement of educational purpose (SEP)
Its possible that you wont need to verify your income or tax information if you used the IRS Data Retrieval Tool to complete your FAFSA! If, however, you: Used the IRS Data Retrieval Tool, but reported rollovers or. Used the IRS Data Retrieval tool, but amended your tax return.
Verification is the process your school uses to confirm that the data reported on your FAFSA form is accurate. If youre selected for verification, your school will request additional documentation that supports the information you reported. Dont assume youre being accused of doing anything wrong.
V4 or the Custom Verification Group: You must collect documentation of the students identity and a Statement of Educational Purpose signed by the student. V5 or the Aggregate Verification Group: you must complete all the steps in V1 and V4.
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FSA announced some good news at its most recent conference: For the current 2021-22 FAFSA cycle, the verification selection rate for all filers was reduced from 22% to 18%. However, the selection rate for Pell Grant-eligible FAFSA filers remains much higher.

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