I was pre-approved for a auto loan, does this mean they want one or the other or all of them?
I received your income verification. Do you by chance have any documentation from Wonderland Academy showing where taxes are taken out of your income? If you receive a 1099 from them, we will need that and your last 2 year’s tax returns for income verification.
I submitted my checks but without the stubs because I don't have any from my job. For a loan should they award the loan with current income or do they actually need 2 years worth of income?
- SlickterpLv 71 month ago
They want your W2/some pay stubs OR the 1099 and two year's returns.
- Max HooplaLv 71 month ago
This means they are willing to give you a loan.
- StephenWeinsteinLv 71 month ago
If you are an employee (a worker who fills out a W-4 and gets a W-2), then they only need either paystubs or the W-2 (one or the other). If you are an independent contractor (a workers who fills out a W-9 and gets a 1099-MISC), then they need both the 1099 and the last two year's tax returns (all of them).
- Anonymous1 month ago
preapproved does not mean pre approved. It means approved IF you can provide what they need. I could make copies of my last 2 years taxes in a few minutes. Not that hard except Id have to use my desktop which is slow for 5 minutes everytime I turn it on because i rarely use it anymore. And it updates and all kind of stuff runs.
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- ScottLv 71 month ago
If they're asking you for two years' of check stubs, then that's what they want.
- A HunchLv 71 month ago
You need to prove what the income MEANS.
You are not an employee. You are a contractor.
Your gross pay has nothing to do with your taxable income.
You need to provide 2 years of tax returns to show your taxable income.