Title Image

3 Tips for 4506-T Quality Control

3 Tips for 4506-T Quality Control

T

he 4506-T is an IRS form that authorizes lenders to obtain your recent tax transcripts. This is a way for the creditor to verify your income, deduction claims, and any owed taxes showing on your return. The form must be filled out in a very specific way or it will be rejected, potentially adding days or weeks to your loan process! Use the following tips to make sure your form gets through on the first try.

1. Request Help From the Lender

Your lender should be able to fill out all portions of the form except your signature based on information you provided on the loan application. If they don’t do this automatically, ask if they can fill out at least Lines 6 through 9, as they may need to complete the form in a specific way that a layperson wouldn’t easily identify.

2. Handwriting

Ensure the only handwriting on the form is your signature at the bottom. This can be easily done by using a fillable 4506-T Form, which can be downloaded from the IRS website here. If you are signing a form that your lender provided to you, review the information they entered for any inaccuracies, and have them fix it if something is wrong – writing in or crossing out information by hand will invalidate the form and you’ll have to do it over again anyway.

3. Current and Previous Address

If you have moved in the last couple years, double check that you are giving the lender enough information to fill out the form. If you’ve moved in the last year, Line 3 and 4 will be different. Review those items to make sure they reflect the address you used when filing your tax returns for the most recent two years. It’s also crucial to check for typos or spelling errors in the addresses as written, as any mistake will result in the IRS system rejecting the form.

Coming Soon!

The New Private Eyes Platform.

Background Checks | LegacyLender Solutions | Login

For any questions contact us at (925) 927-3333.

Site Security Notification

 

Use the buttons below to continue your login.

For SITE SECURITY purposes and to ensure that this service remains available to all users, this computer system employs software programs to monitor network traffic to identify unauthorized attempts to upload or change information, or otherwise cause damage. Unauthorized attempts to upload information or change information on this service are strictly prohibited and may be punishable under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act.

NOTICE: We will not obtain personally-identifying information about you when you visit our site unless you choose to provide such information to us.

Point of Contact for Security and Monitoring: Frank Santa Elena email: security@pebackgroundchecks.com Information Systems Security Officer (ISSO) for www.privateeyesbackgroundchecks.com phone (925) 927-3333.

For any questions contact us at (925) 927-3333.

Find the Right Lender Solution

Fill out the information below and we will contact you or call us at 925-927-3333



First Name*
Last Name*
Email*
Phone*
Company*
Street
City
State
Zip Code
Number of Employees
Where did you hear about Private Eyes?

Find the Right Background Screening Solution

Fill out the information below and we will contact you or call us at 925-927-3333.



First Name*
Last Name*
Email*
Phone*
Company*
Street
City
State
Zip Code
Number of Employees
Where did you hear about Private Eyes?

Candidate Assistance

If Private Eyes is running your background check, please contact our Customer Service department. A person on our team will be more than happy to assist you

Email: CSS@pebackgroundchecks.com
Call: (925) 927-3333

Private Eyes Customer Assistance

If you are a current customer, please contact our Customer Service department. A person on our team will be more than happy to assist you.

Email: CSS@pebackgroundchecks.com
Call: (925) 927-3333