Requested Tax Forms
The Requested Tax Forms section (below) allows the user to choose which tax form requests they need for the parties associated to the loan.
There are 3 different government related tax forms:
- 4506-C Request for Transcript of Tax Return IVES: This version of the 4506 -C Request for Transcript of Tax Form is intended to be used with the Income Verification Express Service (IVES) program.
- 4506 Request for Copy of Tax Return: When a borrower signs this form, it allows the lender to obtain a copy of his tax returns from the IRS
- W9 Request for Taxpayer Identification Number and Certification: A person required to report certain information to the IRS (such as income paid to you, real estate transactions, mortgage interest you paid, IRA contributions you made) must have your correct taxpayer identification number (TIN). Form W-9 is an IRS form that the requester gives to you to fill out. The requester thus has your correct TIN in reporting these transactions.
| Feature | Description |
|---|---|
| Name | This field populates with all parties associated with the loan (borrowers, owners, and guarantors). |
| 4506-C Transcript IVES | Enter the tax form number you want to request for the 4506-C IVES for the associated party (ie. 1040, 1040A, 1040EZ, 1065,1120, 1120A, 1120H, 1120L, 1120S). By entering a value, the corresponding form is generated for that party with the tax form populated. If the form is not desired, delete any information entered within this text box. |
| 4506 Tax Return | Enter the tax form number you want to request for the 4506 for the associated party (ie. 1040, 1040A, 1040EZ, 1065,1120, 1120A, 1120H, 1120L, 1120S). By entering a value, the corresponding form is generated for that party with the tax form populated. If the form is not desired, delete any information entered within this text box. |
| W9 | Select this option to indicate you want the W9 to select for that
party. Note: The W9 form is not available for
Other parties added as they are not parties to the
transaction. |