Mortgage Lenders. Grow Volume. Manage Risk.

Analyzing Personal Tax Returns

Description

This course focuses on identifying when personal tax returns are required and how to derive income from supporting forms and schedules. Participants will compete a case study calculating income from various income streams reported on a form 1040.

• Webinar Courses

Agenda

• Identify the need for personal tax returns
• Documentation requirements for income verified on personal tax returns
• Calculating income reported on personal returns
• Complete 1040 case study

Length

• 2 hours

Recommended Attendees

• Intermediate level course: This course is most valuable for participants familiar with underwriting a Sole Proprietor using tax returns.
• Target audience: Operations: Loan Processors, Underwriters

Prerequisite

• None

Materials

• Analyzing Personal Tax Returns Webinar Presentation [PDF]
• Analyzing Personal Tax Returns Webinar Exhibits - Participant [PDF]
• Calculator
• Pen/Pencil

Questions?

• Contact Customer Training at 925.658.6155 or by email.