Tag Archives: 4506t

Why does my bank need a 4506-T?

Posted on April 22, 2019 by

A 4506-T is an IRS form also known as a “Request for Transcript of Tax Return.” This form requests that the IRS send you a copy of the tax return information they have on record, up to ten years prior. … Continue reading →

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What happens if you get audited?

Posted on April 12, 2019 by

There is a five-letter word most of us fear: audit. Movies and television shows have portrayed being audited as a scary experience with men in suits coming to your home and grilling you like a common criminal. The good news … Continue reading →

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What Is Proof of No Income?

Posted on March 22, 2019 by

There are some circumstances that require a person to prove they have no income. Proving a negative is not as easy as proving a positive, but there are ways to do so. The following tips can prove useful. Utilize the … Continue reading →

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How does a lender verify income?

Posted on March 15, 2019 by

Buying a home is one of the most important and difficult steps many of us undertake as we try to get a foot on the property ladder. There are many parts to the process of buying a home, but one … Continue reading →

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Do Car Dealerships Verify Income?

Posted on March 8, 2019 by

Yes, is the short answer to whether car dealerships verify income. Car dealerships are prospective lenders. Therefore, they want to know if you can make the payments for the car you purchase. All dealerships go through a verification process in … Continue reading →

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