Self Employed- Sole Prop, Partnership, SCorp, CCorp
Retired
Other
100
Mary Jo works for McDonalds full time.
What is a current pay stub and 2 yrs. w2 forms?
100
Roni just started receiving rent on an investment property in June 2012.
Can we use this as income?
100
Jeniece owns a landscaping business and she is the one and only owner of her company. She is the sole proprietor.
What is 2 yrs. personal tax returns?
100
This code will show the customer is getting a life time benefit on the 1099.
What is a distribution code 7 in box 8?
100
Katie just moved to Colorado Springs and purchased the collateral January 5, 2013 and owns the home free/clear.
What is a copy of the HUD1 from the purchase of the collateral, proof of where the funds came from to buy the home free/clear? What are some discovery questions you would want to ask?
200
JD works for Kohl's part time as a 2nd job and full time at Old Chicago's as a bar tender.
What is a current pay stub and 2 yrs. w2 forms from both employer's and 2 years personal tax returns?
200
Chris has been receiving rental income on his investment properties since September 2010.
What is 2 years tax returns to include all pages, statements and schedules, rental/lease agreements, proof of rent received from the last 3 mos?
200
Anne and her husband Andy run a handymart business together along with the husbands best friend Mike. Mike owns 75% of this business.
What is 2 yrs. personal tax returns, 2 years partnership business tax returns (if applicable), K1's (If applicable) and W2 forms (If applicable)? What are some discovery questions you would ask?
200
This can be used in place of an award letter for SSI.
What is 3 months proof of income received via bank statements to show deposits?
200
Henry states he and his wife are in the process of a divorce and won't be final until December 2013.
Can we proceed?
300
Steve-O has worked for Purina in sales for 2.5 yrs. He also gets bonuses that are >25% of his salary.
What is a current pay stub, 2 yrs. w2 forms and 2 yrs. personal tax returns?
300
Tim receives income from a peronsal note he arranged w/his son to buy a house.
What is a copy of the note showing all terms of the financing, proof of note income received from the last 3 mos. and 1 years personal tax return?
300
Karen runs a beauty salon out of her house w/her mom. She states she's the sole owner and her mom just helps her.
What is 2 yrs. personal tax returns? What kind of discovery questions would you want to ask?
300
FREE PLAY!
What is free money! Yay!
300
This form is needed when the tax returns are hand written.
What is a 4506T?
400
Jackie has worked for Time Warner since June 2011. She received a bonus for 2012 that is >25% of her income.
What is a current pay stub, 2 yrs. w2 forms?
Would we consider the bonus income since there isn't a 2 yr. history we can verify?
400
Sandra rents a room to her son and a room to one of his friends. She charges $500/mo each. She gets paid in cash and puts it under her mattress.
What is...Too bad so sad..we cannot use this for income?
400
Doug owns a Scuba Diving Equipment Store and the income reviewer has reviewed Dougs taxes and is requesting W2's. Doug says he doesn't have W2's.
This line on the tax return shows there is W2 income received.
What is line # 7 on the 1040 personal returns?
400
Borrower receives monthly income from an IRA.
What is a 1099, and most recent IRA statement with all pages?
400
J.R. Ewing is paid royalties from oil drilling on his land.
What is a complete copy of the royalty contract and 3 mos. proof of income received via bank statements showing deposits, 2 years tax returns.
500
Antwonne a teacher at CSU. Mrs. Antwonne makes crafts that she sells at the flea market.
What is a current pay stub, 2 yrs. w2's for? What kind of discovery questions can we ask?
500
Steven submitted his HELOC application November 1, 2012. His only source of income is from his 5 rental properties. 2 owned for 9 mos and 3 owned for 3 yrs.
What is 2 years tax returns AND 1 of the following: 3 mos. proof of rent received, current rental/lease agreements?
500
Steven W. is a real estate agent and recieves this type of form to show year end wages.
What is a 1099?
500
Jon states he is receiving income from an annuity from Fidelity.
What is the 1099 and a current complete annuity statement?
500
Rachel tells you she only receives alimony and has no other income. Her alimony will total $5.6 million by 2017.
What is a complete copy of the signed/recorded divorce decree and 6 mos proof alimony received via bank statements showing deposits?