Video instructions and help with filling out and completing Fill Form 2220 Verified

Instructions and Help about Fill Form 2220 Verified

How to complete the financial aid verification worksheet this presentation will help you get it right the first time students are randomly selected by the Department of Education or by the school for verification verification means that the financial aid office must check certain answers on your FAFSA for accuracy you are required to complete a verification worksheet for this process a financial aid specialist will compare your answers on the FAFSA and on your forms if any Corrections need to be made to your FAFSA we will make those for you there are five different verification groups each group is required to provide different information this means there are five forms for independent students and five forms for dependent students the following instructions will show how each section of all forms should be completed you may not have all of the sections in this presentation on your form but this will show you how to complete the ones that you do have correctly be sure that you print the correct verification worksheet for you the form number was emailed to you and is in WebAdvisor under my documents the first section of the form is student's information please be sure to complete all fields on this section of the form also please note that changing your address on this form does not change it school-wide if you have moved please update your address with the registration and records office as soon as possible most verification forms require that you list people in your household this household is for an independent student you should list yourself first list your spouse if you're married list any children if you provide more than 50% of their financial support and then list any additional people who currently live with you and you provide more than 50% of their financial support and will continue to do so through June 2015 if you financially support other people who are not your spouse or children you should be prepared provide documentation detailing the support that you provide at a later time please note if you or your spouse is paying child support for someone that information will be requested later and the child you're paying for support for should not be included on this portion of the form if you are a dependent student you will list yourself first and your parents provide the same parent name or names that you used on the FAFSA if your parents live in the same household but are not married you should still list both lists any other children that your parents provide more than 50% of the financial support for then list any other people who currently live with your parents and your parents provide more than 50% of their financial support and will continue to do so through June 2015 if your parents financially support other people they should be prepared to provide documentation detailing the support that they provide at a later time please note if one of your parents is paying child support for someone that information will be requested later and the child they are paying support for should not be included on this portion of the form most students selected for verification will also be required to provide tax information check the first box if you have already used the IRS data retrieval tool on FAFSA check the second box if you didn't use the data retrieval tool but are planning to do so instructions for using the IRS data retrieval tool are available on the form it is highly recommended that students use this tool if possible if you cannot use the data retrieval tool you must attach a copy of your IRS tax return transcript you can obtain the your tax return transcript online or request one to be mailed to you if you and your spouse did not file a tax return you will complete the non filer section check the first box if you and your spouse did not work at all if you or your spouse worked but were not required to file taxes check the second box lists all employers the exact amount earned and attach all w-2s if you are a dependent student you will also have to provide your parents tax information check the first box if your parents used the IRS data retrieval tool check the second box if they didn't use the data retrieval tool but are planning to do so again it is highly recommended that your parents use the tool if they cannot use the IRS data retrieval tool you must attach a copy of your parents IRS tax return transcript they can obtain their tax return transcript online or request one to be mailed to them if your parents did not file a tax return they will complete the non-filers section check the first box if your parents did not work at all if your parents worked but were not required to file taxes check the second box lists all employers the exact amount earned and attach all w-2s most students will also have to provide information about SNAP benefits and if any child support was paid if anyone in your household received SNAP benefits formerly called food stamps any time during 2012 or 2013 please check the first box if you are a dependent student you would also check this box if anyone in your parents household received snap for independent students if you or your spouse paid child support in 2013 please lift that information in question 2 if you are a dependent student please list any child support paid by your parents in question 2 only students in the v-6 group will have to complete this section regarding untaxed income dependent students should complete both columns of this table independent students will just have to complete the student section you should put an answer in each blank even if the answer is 0 students in the