IRS Direct^SM

IRS Direct^SM provides the quickest and easiest way to verify income information using the IRS's Form 4506-T.

• With the highest quality processing methods and systems, DiscoverSource provides the fastest turnaround on tax transcripts.
• With unparalleled service, DiscoverSource tracks each request every step of the way.
• With quality control procedures performed upon receiving each request, DiscoverSource minimizes IRS rejections.
• With state-of-the-art security, DiscoverSource is fully compliant with the Gramm-Leach-Bliley Act, the FTC Safeguards Rule and the various Privacy Acts.
• With higher security standards, DiscoverSource encrypts personally identifiable information on its database.
• With unmatched technology, DiscoverSource provides automation capabilities through XML.
• With the best source data – IRS Records – DiscoverSource assists the lender in meeting Freddie Mac and Fannie Mae quality control standards and secondary market requirements.

The following reports can be ordered for up to the 4 most recent prior tax years and are delivered via the DiscoverSource secured website:

1. 1040 – Personal Income Tax Returns. See Sample


2. 1065, 1120 and 1120S – Business Income Tax Returns. See Sample 1065 ,
   See Sample 1120


3. W-2 – Employer Reported Financial Data. See Sample


4. 1099 – Payments made to an individual or company. See Sample

IRS Direct^SM Added Value Services

Stated Income Verification: For Stated Income, No Doc or NINA loans, you can verify that a borrower has filed taxes without receiving income information. DiscoverSource will provide a confirmation of filing for up to 4 years and verify that schedules C and E have been filed.

Contact us for more information