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This document is used to collect information regarding a dependent student's parent's income and expenses for the purpose of determining eligibility for federal student aid.
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How to fill out 2012-2013 minimal income statement

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How to fill out 2012-2013 Minimal Income Statement — Dependent Student

01
Gather your tax documents for the year 2012, including W-2 forms and any 1099s.
02
Start by filling in your personal information at the top of the form, including name, address, and Social Security number.
03
Enter your income earned from work in the appropriate section, using the totals from your W-2 or 1099 forms.
04
If you received any benefits (like unemployment or child support), include those in the designated area.
05
List any other sources of income you may have received during the year.
06
Calculate your total income by adding up all the values you’ve entered.
07
If applicable, detail any educational expenses you incurred in the section provided.
08
Review your entries for accuracy, making sure all figures are correctly totaled and nothing is omitted.
09
Sign and date the form where indicated.
10
Provide the completed form as required by the financial aid office or institution.

Who needs 2012-2013 Minimal Income Statement — Dependent Student?

01
Students who are applying for financial aid and have minimal income can use the 2012-2013 Minimal Income Statement — Dependent Student.
02
Dependent students who do not have a tax filing obligation or have a low income level that does not require them to file a tax return should complete this form.
03
Parents or guardians of dependent students may also need to assist in filling out this statement, providing necessary income information.
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The 2012-2013 Minimal Income Statement for Dependent Students is a financial document used by dependents seeking financial aid to report their income, typically in a simplified format indicating limited earnings.
Dependent students who have minimal income or a small amount of financial resources and need to provide proof of their financial situation when applying for financial aid are required to file this statement.
To fill out the statement, the student must provide personal information such as name and Social Security number, report any income earned during the year, and confirm that their income is minimal, typically below a certain threshold set by the financial aid office.
The purpose of the statement is to streamline the financial aid application process for students with minimal income, allowing them to qualify for federal aid without extensive financial reporting.
The information that must be reported includes the student's personal details, total income for the year, any tax return status, and confirmation of receiving minimal income to ensure eligibility for financial aid.
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