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Purpose of form. Use Form 4506-C to request tax return information through an authorized IVES participant. You will designate an IVES participant to receive the information on line 5a. Note: If you are unsure of which type of transcript you need, check with the party requesting your tax information.
Why do lenders ask 4506-C?
Verifying an applicants income is an important part of the mortgage process. Typically, this is done by submitting a Form 4506-C, which is a request for a taxpayers transcript. The transcript contains wage and other data that mortgage providers can use to determine if a person qualifies for a loan.
Why did I get a 4506-C form?
The IRS Form 4506-C is a form that can be utilized by authorized IRS Income Verification Express Service (IVES) participants to order tax transcripts electronically with the consent of the taxpayer.
Why does my lender need a 4506-C form?
Use Form 4506 to request a copy of your tax return. You can also designate (on line 5) a third party to receive the tax return. How long will it take? It may take up to 75 calendar days for us to process your request.
4506 c
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