Get the free 2012-2013 Verification Determining Support Worksheet - latech

This form determines the amount of financial support a student provides to non-immediate family members, such as grandparents or aunts/uncles, for financial aid purposes at Louisiana Tech University.

How to fill out 2012-2013 verification determining support

How to fill out 2012-2013 Verification Determining Support Worksheet

1. Gather the necessary documentation, such as tax returns and W-2 forms.
2. Start by filling out your personal information at the top of the worksheet.
3. List the individuals in your household who are claimed as dependents on your tax returns.
4. Provide information on the support each individual received from various sources.
5. Calculate the total amount of support received for each person listed on the worksheet.
6. Review the information for accuracy and completeness.
7. Sign and date the worksheet before submission.

Who needs 2012-2013 Verification Determining Support Worksheet?

1. Students who are selected for verification by the financial aid office.
2. Students who reported unusual support situations in their FAFSA.
3. Dependent students whose parents’ income is being reviewed for financial aid.

People Also Ask about

What is the support test for the IRS?

The support test is one of five tests that must be passed in order to claim someone else as a dependent for legal and tax purposes. The support test mandates that the taxpayer must have provided more than half of the prospective dependent's living expenses during the year.

How to determine fair rental value in IRS?

A fair rental price for your property generally is the amount of rent that a person who is not related to you would be willing to pay. The rent you charge is not a fair rental price if it is substantially less than the rents charged for other properties that are similar to your property in your area.

Which of the following expenses incurred by a dependent is not considered as support for tax purposes?

Not included in total support are federal, state, and local taxes, social security and Medicare taxes, life insurance premiums, funeral expenses, scholarships, Survivors' and Dependents' Educational Assistance payments.

What is a verification worksheet for financial aid?

Complete the 2025-2026 Verification Worksheet to provide information about your household and any untaxed income or benefits you or your parents may have received.

Is fair rental value included in dependency total support test?

Total Support Generally, the amount of an item of support is the amount of the expense incurred in providing that item. For lodging, the amount of support is the fair rental value of the lodging.

What is included in dependency total support test?

Taxpayers will meet this test if the taxpayer provided more than half of a person's total support for the entire year. Total support items include • food, clothing, shelter, education, medical and dental care, recreation, and transportation; and • welfare, food stamps, and housing provided by the state.

What is support IRS?

Support Test — Qualifying Relative Taxpayers will meet this test if the taxpayer provided more than half of a person's total support for the entire year. Total support items include. food, clothing, shelter, education, medical and dental care, recreation, and transportation; and.

What expenses are included in support for dependency?

To figure if you provided more than half of a person's support, you must first determine the total support provided for that person. Total support includes amounts spent to provide food, lodging, clothing, education, medical and dental care, recreation, transportation, and similar necessities.

For pdfFiller’s FAQs

What is 2012-2013 Verification Determining Support Worksheet?

The 2012-2013 Verification Determining Support Worksheet is a form used by students and their families during the financial aid application process to determine who provides financial support to the student and to verify the student's dependency status.

Who is required to file 2012-2013 Verification Determining Support Worksheet?

Individuals who are selected for verification by the financial aid office and who claim to be independent while living with parents or guardians may be required to file the 2012-2013 Verification Determining Support Worksheet.

How to fill out 2012-2013 Verification Determining Support Worksheet?

To fill out the 2012-2013 Verification Determining Support Worksheet, carefully read each section, provide accurate information about your household size, list the sources of support from parents or others, and sign the form where indicated. Make sure to check for any additional documentation required.

What is the purpose of 2012-2013 Verification Determining Support Worksheet?

The purpose of the 2012-2013 Verification Determining Support Worksheet is to clarify the student's dependency status and to help financial aid offices verify the financial information provided on the Free Application for Federal Student Aid (FAFSA).

What information must be reported on 2012-2013 Verification Determining Support Worksheet?

The information that must be reported on the 2012-2013 Verification Determining Support Worksheet includes the names and ages of household members, sources of income, the type of support received from parents or others, and any other relevant financial details that can help in assessing the student's dependency status.