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4.2.6 Verification

Self employment income is not available through data exchange and therefore must be verified (1.2.4 #7).

 

Completed and signed IRS tax forms (4.2.2.2) are sufficient verification of farm and self-employment income.  A completed and signed SEIRF is sufficient verification.

 

It isn't necessary to collect copies of supportive items such as receipts from sales and purchases.  However, you can require verification when the information given is in question.  Document the reason for the request.

 

This page last updated in Release Number : 07-05

Release Date: 07-10-07

Effective Date: 07-10-07