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The verification process involves submitting documents such as tax transcripts and W-2 forms so the financial aid office at your college can see that the information on these documents matches your FAFSA application.
Eligible taxpayers must complete and submit Form 2441 with their Form 1040 tax returns to claim the Child and Dependent Care Cedit. This form details the amount paid for dependent care under qualifying circumstances and to whom payment was made. It also calculates the available tax credit.
Dependent Eligibility Verification (DEV) is the process of verifying the eligibility of dependents enrolled in state health and dental benefits.
If youre the taxpayer, youre generally not going to fill out much information on this tax form. Instead, the dependent care provider will fill in the required information in Part I.
This is a standard verification request when the federal processor determines that identity verification is required. Selection is part of a program to curb financial aid fraud. Every school will eventually ask him to do this.
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