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 provide any required documentation such as IRS Tax Return Transcripts or Verification of Non-Filing Letters as applicable.
  4. Complete Section C by indicating whether you or your spouse filed an IRA and/or pensions and annuities as a rollover. Attach the necessary tax return if applicable.
  5. Move to Section D to list all household members. Include yourself, your spouse, children you support, and any other individuals living with you who receive support from you.
  6. If applicable, provide documentation for other people listed in Section E. Write a statement explaining your support for these individuals.
  7. Finally, sign the certification section at the end of the form to affirm that all information is true and complete before submitting it electronically or via mail.

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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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