# Tax Transcripts & Income Validation

Source: https://www.gatewaycorrespondent.com/announcements/tax-transcripts-income-validation

Gateway Mortgage Group’s Correspondent division provides the following information for loans where 2012 income is used for AUS qualification. If 2012 tax transcripts are not available before April 15, 2013, please follow the applicable path below.

**Salaried Borrowers**


- Provide 2012 W-2s
- Provide 2012 W-2 Transcript(s) **OR **2012 1040 Transcript
- If neither 2012 Transcript is available,provide** all **ofthe following:


  - **2012 **W-2s
  - **2011 **W-2s
  - **2011** W-2 Transcript(s) **OR** **2011** Tax Transcript(s)


**Self-Employed/Commissioned/Bonus (>25%)**


- If borrower has **filed a 2012 tax return** but the 2012 1040 Transcript is **not** available, obtain:


  - 2011 filed Tax Return
  - 2011 1040 Transcript
  - 2012 filed IRS Tax Return verified in **one** of the following ways:


    - IRS **stamped** Tax Return **OR**
    - Evidence the Tax Return was **electronically** received by IRS **OR**
    - Evidence of a **refund check** or **payment** has been made from/to IRS


*Please contact your account executive if you have further questions.*