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Student Financial Services 36 South Wabash, Suite 1218 Chicago, IL 606033103 email Final SAIC.edu voice (312) 6296600 fax (312) 6296601 20142015 Dependent Support Statement You indicated on your Free

How to fill out 14-15 dependent support statement

How to fill out 14-15 dependent support statement:

1. Start by gathering all relevant financial information: This includes income statements, tax returns, bank statements, and any other documents that provide a clear picture of your financial situation.
2. Identify the dependents: List down the names and relationships of all the individuals who depend on you for financial support, including children, elderly parents, or any other dependents as defined by the IRS.
3. Calculate the total annual support provided: Add up the total amount of money you have provided to each dependent throughout the year. This includes expenses for housing, food, medical care, education, and any other necessary costs.
4. Determine the support received: If any of the dependents have received support from other sources, such as scholarships or government assistance, note down the amounts received.
5. Fill out the form accurately: Use the official IRS Form 14-15 or any other form specific to your jurisdiction. Provide all the required information, including your personal details, the dependents' information, and details about the financial support provided.
6. Attach supporting documents: Make sure to include all the necessary supporting documents that validate the information provided on the form. This may include receipts, bills, invoices, or any other evidence of the financial support provided.
7. Review the completed form: Double-check that all the information entered is accurate and that no mistakes or omissions have been made. This will help avoid any delays or complications in the processing of the dependent support statement.

Who needs 14-15 dependent support statement?

1. Taxpayers claiming dependents: Any individual who claims dependents on their tax return may need to fill out a 14-15 dependent support statement. This is to prove that they have provided the necessary financial support to these dependents, as required by the IRS.
2. Family court proceedings: In some cases, a 14-15 dependent support statement may be required in family court proceedings to determine child support or spousal support obligations. This document helps establish the financial contributions made by each party for the well-being of their dependents.
3. Financial aid applications: When applying for certain financial aid programs, such as scholarships or grants, applicants may be required to submit a dependent support statement. This helps assess the applicant's financial need and eligibility for assistance.

In conclusion, filling out a 14-15 dependent support statement involves gathering financial information, identifying the dependents, calculating the support provided, and accurately filling out the required form. This document is needed by taxpayers, for family court proceedings, and for certain financial aid applications.

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