The IRS bulletin requires a “clean version” to submit the form through the IVES system. The form contains bold notes for those requesting the transcript not to sign unless all applicable lines are filled, and that the form may be rejected if it is incomplete or illegible. If lenders wish to request the actual tax return, they will need to use IRS form 4506. It is important to remember the purpose of the 4506-C is to request a transcript of a tax return through the IVES system. Purpose of the 4506-C and general instructions This article is a summary of how FA Docutech has interpreted the IRS guidance and will be implementing it into our standard 4506-C (Cx3095). It emphasizes the need to submit a “clean version” of the form and provides a Q&A to clear up some of the implementation questions. This bulletin explains that the IRS is making efforts to modernize the submission process which will include OCR software. Many of the questions have been regarding the bulletin published by the IRS in. The IRS has published some guidance, but it leaves some questions only partially answered. Since the announcement of the 4506-C, First American Docutech has received many questions about how the form should be filled out.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |