The reasons to request IRS transcript data are abundant.  Whether you offer mortgages, consumer or revolving credit you will find value in receiving tax return transcripts to re-verify or validate income.   

 New Rules associated with 2010 Credit Card Act require credit card issuers to consider a borrower's "ability to pay" in evaluating new applications.   Tax Return Verifications are a fast and reliable tool to verify borrower income.

Recent fraud finding statistics show 31% (the largest single category) of misrepresentation came from income information.  Yes that is 31% of applicants inflated or fabricated income data in some capacity.

As an IRS direct designee, SIR has access to request IRS tax return transcript data and we feature easy to request, fast turn times to you our client.

We offer a variety of transcript data and require an executed form 4506-T.  Turn time is 24-48 hours and requests can be made through our easy to use platform.

Sample Form 4506-T Completed with SIR Information on line 5

Tax Return Verification Lender Tips