4506T Income Tax Verification (ITV)
Today’s lenders need fast access to borrower’s IRS information to mitigate risk. Getting those IRS income tax returns with an Informative Research 4506T Income Tax Verification has never been easier.
Verify Borrower Income
A 4506T Income Tax Verification allows you to verify a borrower’s filed income by requesting electronic income tax transcripts from the Internal Revenue Service records database. Form 1040 series, Form 1065 (Partnership), Form 1120 (Corp.), Form 1120H (HOAs), Form 1120L (Life Ins. Co.) and Form 1120S (S Corp.) are available. For each year requested your order will contain the complete filed tax return details like: income, deductions, payments, credits, profits and losses (business only), ancillary schedules, amendments and extensions (record of account).
Use this information to meet the underwriting and income documentation requirements of FNMA, FHLMC and FHA lending programs.
Order your 4506T Income Tax Verification online:
- Upload signed 4506-T forms
- Check order status and view billing
- All using IR’s Web Credit System
- Now accepting E-Signatures
Click here to download the newest version of the IRS’ 4506-T form.
Please note on 11/6/2015 the IRS notified all 4506T participants that they added an attestation clause to their 4506T “Request for Transcript of Tax Return” form. Effective 3/1/2016 the IRS will fail requests if they are not submitted on this revised version OR if the tax payer failed to check the attestation box.
Click here for Instructions on How to Order an ITV.
Our Income Tax Verification process delivers tax records fast compared to a borrower who can experience a waiting period of up to 3 weeks if they request them independently. We process ITV orders same day and each are delivered securely within Web Credit System.
Currently the IRS is averaging 4 to 5 business days to process orders.
Contact a Sales Executive for assistance with this solution.