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LAMAR INSTITUTE OF TECHNOLOGY FINANCIAL AID 20132014 V1 Dependent Student Verification Worksheet Your Free Application for Federal Student Aid (FAFSA) was selected for review in a process called VERIFICATION.
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V1 dependent verification is a process to validate the eligibility of dependents claimed on an individual's tax return.
Individuals who claim dependents on their tax return are required to file v1 dependent verification.
V1 dependent verification can be filled out online or through mail by providing information about the dependents' relationship to the taxpayer, residency status, and financial support.
The purpose of v1 dependent verification is to ensure that only eligible dependents are claimed on an individual's tax return.
Information such as dependent's full name, social security number, relationship to the taxpayer, residency status, and financial support must be reported on v1 dependent verification.
The deadline to file v1 dependent verification in 2023 is April 15th.
The penalty for the late filing of v1 dependent verification is a fine of $50 per dependent claimed after the deadline.
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