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DP24V4 20232024 Dependent Verification Worksheet Your 20232024 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called verification. The law requires that we,
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You and your parent refers to the process of filing tax returns both for yourself (the student or individual) and for your parent (typically for dependency-related purposes).
Typically, individuals who have earned income, are claimed as dependents, or meet certain income thresholds are required to file their tax returns, including both the student and their parent.
To fill out tax returns for you and your parent, you should gather all necessary financial documents, follow the appropriate tax forms (like the 1040), and ensure both returns are filled out accurately, reflecting income, deductions, and credits.
The purpose of filing taxes for you and your parent is to report income to the IRS, determine tax obligations, and claim any applicable deductions or credits.
Both you and your parent must report income, filing status, exemptions, deductions, and credits on your respective tax returns.
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