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This document is used for gathering additional information regarding a student's parent's income sources for the FAFSA application in the academic year 2012-2013. It is essential for verifying financial

How to fill out 2012-2013 clarification of income

How to fill out 2012-2013 Clarification of Income Sources – Parent(s)

1. Obtain the 2012-2013 Clarification of Income Sources – Parent(s) form from the appropriate educational institution or financial aid office.
2. Carefully read the instructions provided with the form to understand the requirements.
3. Start filling out the personal information section, including parent(s) names, addresses, and contact information.
4. Gather necessary documentation such as tax returns, W-2 forms, and other income-related records for the specified year.
5. Provide detailed information about each source of income. Include amounts earned and specify whether the income is from wages, self-employment, investments, or other sources.
6. Complete any additional sections related to special circumstances, if applicable, such as unemployment or significant changes in income.
7. Review the entire form for accuracy and completeness.
8. Sign and date the form where required.
9. Submit the completed form to the designated office by the specified deadline.

Who needs 2012-2013 Clarification of Income Sources – Parent(s)?

1. Parents of students applying for financial aid who need to clarify their income sources.
2. Families facing special circumstances that affect their financial situation and need to provide additional information.
3. Parents who have experienced changes in income since filing their tax returns and need to report these changes.

People Also Ask about

How does parental involvement influence a child's behavior?

Socioemotional Development Parent involvement is generally thought of as an avenue for promoting academic performance. However, parent involvement may also enhance children's behavior at home and in the classroom as parents and teachers work together to enhance social functioning and address problem behaviors.

What is parental upbringing?

Parenting or child rearing promotes and supports the physical, cognitive, social, emotional, and educational development from infancy to adulthood. Parenting refers to the intricacies of raising a child and not exclusively for a biological relationship. A father and a mother holding their infant child.

What disqualifies you from EIC credit?

You or your spouse don't have a valid SSN. Your AGI is too high: your earned income and AGI exceed certain limits, you may not be eligible for the EIC. Your investment or foreign income is too high: Both scenarios disqualify you from taking the credit.

What is the earned income credit for 2013?

Credit Limits for Tax-Year 2013 Those who qualify for EITC for tax year 2013, can get a credit from: $2 to $487 with no qualifying children; • $9 to $3,250 with one qualifying child; • $10 to $5,372 with two qualifying children; • $11 to $6,044 with three or more qualifying children.

How far back can you claim earned income credit?

Earned Income Tax Credits You can also claim prior year EITCs up to three years back if you find out you are eligible for tax credits but didn't file. You can also amend your filed tax return up to three years back if you didn't originally claim these tax credits.

What is the role of our parents?

Parents and other caregivers are essential resources for children in managing emotional arousal, coping, and managing behavior. They serve in this role by providing positive affirmations, conveying love and respect and engendering a sense of security.

How do I figure out my earned income credit?

If your adjusted gross income is greater than your earned income your Earned Income Credit is calculated with your adjusted gross income and compared to the amount you would have received with your earned income. The lower of these two calculated amounts is your Earned Income Credit.

What is the Earned Income Tax Credit for 2013?

Those who qualify for EITC for tax year 2013, can get a credit from: $2 to $487 with no qualifying children; • $9 to $3,250 with one qualifying child; • $10 to $5,372 with two qualifying children; • $11 to $6,044 with three or more qualifying children.

For pdfFiller’s FAQs

What is 2012-2013 Clarification of Income Sources – Parent(s)?

The 2012-2013 Clarification of Income Sources – Parent(s) is a document required by financial aid offices to verify the income sources of parents for the academic year 2012-2013, ensuring accurate assessment of financial need.

Who is required to file 2012-2013 Clarification of Income Sources – Parent(s)?

Parents of dependent students applying for financial aid who are requested to provide additional information regarding their income sources for the 2012-2013 academic year are required to file the clarification.

How to fill out 2012-2013 Clarification of Income Sources – Parent(s)?

To fill out the 2012-2013 Clarification of Income Sources – Parent(s), parents should provide accurate income details, including wages, tax return information, and any other income sources as specified in the form's instructions.

What is the purpose of 2012-2013 Clarification of Income Sources – Parent(s)?

The purpose of the 2012-2013 Clarification of Income Sources – Parent(s) is to provide the financial aid office with clear and detailed information about parental income to ensure fair and appropriate financial assistance is awarded.

What information must be reported on 2012-2013 Clarification of Income Sources – Parent(s)?

The information that must be reported includes total earnings from employment, any other sources of income such as child support or alimony, tax return information, and any other financial resources indicated on the form.