| ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|--------------------------------------------------------------------------------------|
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
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| Delaware(State or other jurisdiction ofincorporation or organization of issuing entity)            | 85-6606033 (I.R.S. EmployerIdentification No. of issuing entity) |
|----------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|
|                                                                                               |                                                                  |
| One Verizon WayBasking Ridge, New Jersey(Address of principal executive offices of issuing entity) |  07920(Zip Code)                                                 |
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---------------------|-------------------|-------------------------------------------|
| Not applicable      | Not applicable    | Not applicable                            |
|   | ☐ | Yes |   |  ☒ | No |
|--------|---------|-----|--------|---------------|----|
|   | ☐ | Yes |   |  ☒ | No |
|--------|---------|-----|--------|---------------|----|
|   | ☒ | Yes |   |  ☐ | No |
|--------|---------|-----|--------|---------------|----|
|   | ☒ | Yes |   |  ☐ | No |
|--------|---------|-----|--------|---------------|----|

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|   | Large accelerated filer |  ☐ |   | Accelerated filer         |  ☐ |   |
|--------|-------------------------|---------------|--------|---------------------------|---------------|--------|
|   | Non-accelerated filer   |  ☒ |   | Smaller reporting company |  ☐ |   |
|   |                    |          |   | Emerging growth company   |  ☐ |   |

|   |   |  |   |  ☐ |  |
|--------|--------|--|--------|---------------|--|

|   |   |  |   |  ☐ |  |
|--------|--------|--|--------|---------------|--|

|   |   |  |   |  ☐ |  |
|--------|--------|--|--------|---------------|--|

|   |   |  |   |  ☐ |  |
|--------|--------|--|--------|---------------|--|

|   | ☐ | Yes |   |  ☒ | No |
|--------|---------|-----|--------|---------------|----|

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|  | Item 1. | Business. |
|--|---------|-----------|
|  | Item 1A. | Risk Factors. |
|--|----------|---------------|
|  | Item 2. | Properties. |
|--|---------|-------------|
|  | Item 3. | Legal Proceedings. |
|--|---------|--------------------|

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|  | Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. |
|--|---------|---------------------------------------------------------------------------------------------------------------------|
|  | Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations. |
|--|---------|----------------------------------------------------------------------------------------------|
|  | Item 7A. | Quantitative and Qualitative Disclosures About Market Risk. |
|--|----------|-------------------------------------------------------------|
|  | Item 8. | Financial Statements and Supplementary Data. |
|--|---------|----------------------------------------------|
|  | Item 9. | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure. |
|--|---------|---------------------------------------------------------------------------------------|
|  | Item 9A. | Controls and Procedures. |
|--|----------|--------------------------|

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|  | (a) | The following documents are filed as part of this report: |
|--|-----|-----------------------------------------------------------|
|  | (1) | Not applicable. |
|--|-----|-----------------|
|  | (2) | Not applicable. |
|--|-----|-----------------|
|  | (3) | See Item 15(b) below. |
|--|-----|-----------------------|

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|  | (b) | Exhibits Required by Item 601 of Regulation S-K. |
|--|-----|--------------------------------------------------|

| Exhibit Number | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1            | Certificate of Formation of Verizon ABS LLC (“ABS LLC”)                    (included as Exhibit 3.1 to Registration Statement on Form SF-3 (333-224598), as filed by the registrant with the Commission on May 2, 2018, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 3.2            | Limited Liability Company Agreement of ABS LLC (included as                    Exhibit 3.2 to Registration Statement on Form SF-3 (333-224598), as filed by the registrant with the Commission on May 2, 2018, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.1(a)    | Indenture, dated as of November 2, 2020, between the Trust and                    U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as indenture trustee and note paying agent (included as Exhibit 4.1 to the Trust’s Form 8-K, as filed with the Commission on November 2,                    2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                           |
| 4.1(b)         | Omnibus Amendment No. 1 to the Transfer and Servicing                    Agreement, the Parent Support Agreement, the Indenture and the Administration Agreement, dated as of November 8, 2021, among the Trust, Verizon DPPA True Up Trust, Cellco, as servicer, marketing agent, custodian and administrator, ABS                    LLC, Verizon Communications Inc., as parent support provider, and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as indenture trustee (“Omnibus Amendment No. 1”) (included as Exhibit 99.1                    to the Trust’s Form 8-K, as filed with the Commission on November 8, 2021, which is incorporated herein by reference). |
| 10.1           | Amended and Restated Trust Agreement, dated as of November 2,                    2020, between ABS LLC and Wilmington Trust, National Association, as owner trustee (included as Exhibit 10.1 to the Trust’s Form 8-K, as filed with the Commission on November 2, 2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 10.2           | Originator Receivables Transfer Agreement, dated as of                    November 2, 2020, between the originators party thereto from time to time and ABS LLC (included as Exhibit 10.2 to the Trust’s Form 8-K, as filed with the Commission on November 2, 2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 10.3           | Master Trust Receivables Transfer Agreement, dated as of                    November 2, 2020, among Verizon DPPA Master Trust, Cellco, as servicer, and ABS LLC (included as Exhibit 10.3 to the Trust’s Form 8-K, as filed with the Commission on November 2, 2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 10.4(a)   | Transfer and Servicing Agreement, dated as of November 2,                    2020, among the Trust, ABS LLC and Cellco, as servicer, marketing agent and custodian (included as Exhibit 10.4 to the Trust’s Form 8-K, as filed with the Commission on November 2, 2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.4(b)        | Omnibus Amendment No. 1 (included as Exhibit 99.1 to the                    Trust’s Form 8-K, as filed with the Commission on November 8, 2021, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 10.4(c)        | Amendment No. 2 to the Transfer and Servicing Agreement,                    dated as of October 21, 2022, among the Trust, as issuer, ABS LLC, as depositor and Class B certificateholder, Cellco, as servicer, marketing agent and custodian, Cellco as administrator and Verizon DPPA True-up Trust, as Class A                    certificateholder, and acknowledged and agreed by U.S. Bank Trust Company, National Association  (included as Exhibit 99.1 to the Trust’s Form 8-K, as filed with the Commission on October 21, 2022, which is incorporated herein by                    reference).                                                                                                                            |
| 10.5(a)   | Administration Agreement, dated as of November 2, 2020,                    between the Trust and Cellco, as administrator (included as Exhibit 10.5 to the Trust’s Form 8-K, as filed with the Commission on November 2, 2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 10.5(b)        | Omnibus Amendment No. 1 (included as Exhibit 99.1 to the                    Trust’s Form 8-K, as filed with the Commission on November 8, 2021, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 10.6           | Account Control Agreement, dated as of November 2, 2020,                    among the Trust, U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as secured party, and U.S. Bank National Association, as financial institution (included as Exhibit 10.6 to the Trust’s                    Form 8-K, as filed with the Commission on November 2, 2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                           |
| 10.7(a)   | Parent Support Agreement, dated as of November 2, 2020, by                    Verizon Communications Inc. (included as Exhibit 10.7 to the Trust’s Form 8-K, as filed with the Commission on November 2, 2020, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 10.7(b)        | Omnibus Amendment No. 1 (included as Exhibit 99.1 to the                    Trust’s Form 8-K, as filed with the Commission on November 8, 2021, which is incorporated herein by reference).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

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| 10.8  | Asset Representations Review Agreement, dated as of                      November 2, 2020, among the Trust, Cellco, as servicer, and Pentalpha Surveillance LLC, as asset representations reviewer (included as Exhibit 10.8 to the Trust’s Form 8-K, as filed with the Commission on November 2, 2020, which is                      incorporated herein by reference). |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.10 | VZMT Receivables Transfer Agreement, dated as of November                      8, 2021, among Verizon Master Trust, Cellco, as servicer, and ABS LLC (included as Exhibit 10.10 to the Trust’s Form 8-K, as filed with the Commission on November 8, 2021, which is incorporated herein by reference).                                                                   |
| 31.1* | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, dated                      March 30, 2023.                                                                                                                                                                                                                                                            |
| 33.1* | Report on Assessment of Compliance with Servicing Criteria                      for Cellco, dated March 30, 2023.                                                                                                                                                                                                                                                              |
| 33.2* | Report on Assessment of Compliance with Servicing Criteria                      for U.S. Bank Trust Company, National Association and U.S. Bank National Association, dated February 27, 2023.                                                                                                                                                                                 |
| 34.1* | Report of Independent Registered Public Accounting Firm of Ernst & Young LLP                      on Assessment of Compliance with Servicing Criteria relating to Cellco Partnership, dated March 30, 2023.                                                                                                                                                                |
| 34.2* | Report of Independent Registered Public Accounting Firm of Ernst & Young LLP                      on Assessment of Compliance with Servicing Criteria relating to U.S. Bank Trust Company, National Association and U.S. Bank National Association, dated February 27, 2023.                                                                                               |
| 35.1* | Servicer Compliance Statement, dated March 30, 2023, of Cellco.                                                                                                                                                                                                                                                                                                                |

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|                       | VERIZON ABS LLC |
|----------------------------|-----------------|
|                       | (Depositor)     |
|                       |            |   |
|                       |            |   |
| Date:  March 30, 2023 | By:   | /s/ Scott Krohn |
|                       |            | Scott Krohn |
|                       |            | President |
|                       |            | (Senior officer in charge of securitization of the depositor) |

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