(2) Permissible inquiries. Recently I checked Discover's page and was pre-qualified for the Discover It card so I went ahead and applied. 14. Hi All! I called the SBA yesterday and spoke to a CSR. 900 James Loop, Killeen, TX 76542. On April 8th I was approved for a $12k credit limit. Instead, I mailed them an actual transcript. Television. Try Capital One. The thing that really doesn't make sense is all these 4506_T requests on SECURED cards! There's also a bewildering randomness to these requests as well. 4506-C (September 2020) Department of the Treasury - Internal Revenue Service. . , borrower’s name and address against W-2s) to Form 4506-C to prevent common. Each household member needs to fill out a 4506-C; if your roommates aren't close to you, they'd probably refuse. Use Form 4506-T to request tax return information. Indeed this is usually a bad sign. I told the lady that my income on my 2022 tax return was way different than what I was making now and it wouldn’t match my application. The taxpayer must sign and date the 4506-C. Your Personal Banker will need some simple information by phone. Partnerships. Unfortunately, I haven't been up to date with Discover's known rule about acct closure with respect to not providing tax info. 4506-C (June 2019) Department of the Treasury - Internal Revenue Service. After closing the lender can obtain copies of the borrowers' returns from the IRS and the. IRS Consent Form 4506-C to Sign Discover. It is mandatory. So, listing your annual income is a requirement on every credit card application. I'm preparing for my AmEx 3x CLI (my 60 days from account open is almost up!) My card got a SL of $14,500 and I've read on this forum that if you generally ask for a CLI above $25k (my requested new CL wo. Effective March 1, 2021, only the new IRS Form 4506-C will be accepted through the Income Verification Express Service (IVES) to provide tax transcripts to third parties. But, then I realized, I wouldn't receive my most current statement until the end of June. Yes, credit cards do check your income when you apply. @Obscure-Expert wrote: It's a simple process. I have two concerns: (1) "By returning Form 4506-T you authorize us to request your credit report again as part of our continued review of your application" and (2) I was still a student last year and hence my tax returns won't reflect my stated income in the app. . I've been with them for 3 months, and just now I got an email from them requesting a 4506-C form, supposedly. After mailing the form, it can take up to 75 days to get a copy of your return – and it costs you $50 per return. Catalog Number 72627P Form 4506-C (Rev. . You may now continue to use your Discover® card. CU Memberships. I’ve been a customer for over two years, applied for a second card - was instantly approved. 4506-C (September 2020) Department of the Treasury - Internal Revenue Service. Information about Form 4506, Request for Copy of Tax Return, including recent updates, related forms and instructions on how to file. Form 4506: A tax form distributed by the Internal Revenue Service (IRS) and used to a request a copy of a previously filed tax return. You need verifiable income. For example, it is necessary to complete two IRS Form 4506-Cs for a self-employed borrower whose income documentation includes both two years of personal tax returns and two. For questions or if any information on your 4506-T is incorrect, please contact Discover Customer Protection Services directly at 1-800-203-4969, or call the phone number on the back of your card. Use Form 4506 to request a copy of your tax return. I don't understand how Discover could even come up with conclusive POI after a 4506-T given their language on income. It must be filled by the taxpayer and sent to the IRS. A 4506-C is used through an authorized third party participant in the IRS Income Verification Express Service (IVES). this basically means they (the credit card issuer) are having trouble verify with a certain degree of accuracy the income being stated against their sources of data to validate th. Reputation: Discover has a great reputation as one of the largest lending institutions in the country. (9/2023) FICO 8 (EX) 825 (TU) 841 (EQ) 848. 3% less than its original list price of 1150000. Future Developments For the latest Having a discover card is very risky now-a-days to those who couldn't prove their income for credit limit that have. . If Discover has an issue with your address they will not send you a card until you provide proof of address. You can even start the process online! 2. of the corporation may submit a Form 4506 but must provide documentation to support the requester's right to receive the information. In September Discover sent me an email requesting 2 years of tax returns via a form 4506-c. Just recently got a car loan and the lender used my bank statements for income. Another Discover 4506-C Request - Submitted - Updating for DP collection. Discover In Summer 2019, Discover started sending out. We appreciate your cooperation with helping keep your Discover account secure. Immediately called to close the card. Discover asking me for 4506-C form. ) Note: An alternate form or process is also acceptable if it authorizes the. When bank statements get involved, yeah, that has to be reviewed by a human but that would also explain why Disco was totally unwilling to go that route until IRS delays from the pandemic forced their hands. I cannot say I've ever seen income verification for secured card. After activating the card, I got an email saying I had to fill out the IRS Consent Form 4506-C. During the pandemic, Discover also linked up with the Social Security Administration to verify SSN’s. Re: Discover account closed. . You can request a copy of your returns for the past six tax years and the current year, but the form isn’t necessarily a speedy solution to receiving a copy. The IRS IVES Request for Transcript of Tax Return (IRS Form 4506-C) gives the lender permission from the borrower to obtain tax transcripts from the IRS. 4506-C . " Discover is demanding IRS Consent Form 4506-C. It’s important to note that Form 4506T-EZ includes most lines from the requested tax return but not all lines. SL was $800 and now sits at $20. Why is discover asking for 4506-c? It allows the financial institution or credit issuer to look into your IRS tax returns. Discover It (Recently Unsecured) $1,800 Limit ($200 originally) The Discover card was opened in September of last year. If you have further questions after reviewing this information. I've been with them for 3 months, and just now I got an email from them requesting a 4506-C form, supposedly to verify my account, and that my credit card has been put on hold. That’s good news for lenders, but the new process. 5k. December 14, 2021. SOLD JUL 28, 2023. I then received a letter asking me to provide a 4506-C, which authorizes Amex to take a look at my tax returns. 5k to $28. To fill out the form, you will need to provide basic information about yourself and the tax return you are requesting. The correct tax form filed for your business must be entered on line 6. American Express and Discover are the two main credit issuers who routinely request Form 4506-T to verify your income. Discover has immediately gone from a company that I advocated for, valued and enjoyed being a customer of to a company that I despise and will never do business. Request may be rejected if the form is incomplete or illegible. The much more intensive use of Form 4506-T also is focusing new light on what consumers should -- and shouldn’t -- do when confronted with a lender’s or settlement agent’s request that they. Thin credit files lead to difficult underwriting decisions and are correlated with higher. The IRS Form 4506-T must be clear. Why did we go to this pay system?Discover Card requesting Income Verification Form (IRS consent form 4506-C) what happens next? I recently submitted an Income Verification Form 4506-C that Discover requested after one(1) 3-day late payment on my account which is now over 2 years old but has a high utilization rate ($5900 of my $6000 limit). One never knows when Discover could ask for this form. • Form 4506-C must be signed and dated by the taxpayer listed on line 1a and, if listed, 2a. When I open it, it's really a form 4506-T, which is - 6239454 - 2. Form 4506, Request for Copy of Tax Return, takes longer and costs $50 per return. To fill out the form, you will need to provide basic information about yourself and the tax return you are requesting. Whatever you put must match exactly what is on your tax return. 41721E Form 4506 Rev. It sounds strange to me because this may i was approved by discover for all 3 cards and they didnt ask me for anything, nada. Received 4506-C email request. C. - If you get a 4506-C request, use the Back function of your browser - left-facing arrow in the top left if using Firefox for example - to go back to the page where you typed in the requested credit limit. This is why every borrower has to sign an IRS Form 4506-C (formerly called a 4506-T) as part of their loan disclosures. Immediately called to close the card. e. Discover 4506-t. 10-2022) Form . . The IRS Form 4506-T lets us ask the IRS for copies of your tax returns, W-2, and 1099 forms. S. e. Initially, the original 4506 could take up to 60-days for the lender to. The transcript format better protects taxpayer data by partially masking personally identifiable information. The lender will compare the income. The form may also be used to provide detailed information on your tax return to the third party if you need it. The IRS is responsible for protecting and securing taxpayer information. ó. It's nothing personal; Discover these days is basically requiring everyone (including longtime cardholders of many years) to go through the 4506-C process. I'd been asking for CLIs for several months, probably over a year and always denied. It seems that Discover is on edge about certain activity that you perform. So, creditworthiness aside, this risk mitigation process is outlined in their Annual Reports to the public and investors in the Risk section 🤷♂️There are several reasons why someone might need to submit Form 4506-C. OMB Number 1545-1872. IIRC, took about 7-10 days in all. Form 4506-C is a request for a tax transcript, which is a document that provides a record of an individual's tax return filed with the IRS. Utilize the Circle icon for other Yes/No. Never has applied for credit, he's 28, always paid cash for everything. Typically though they will only accept IRS tax transcripts. If they're asking for it now they'll be asking for it if you reapply in 90 days. Im fine with supplying the bank statements, the problem is I have never filed taxes because the majority. BINs/IINs from 450631 to 450640 (Types of credit cards and debit cards) 450631 is a Visa credit card issued by Banca Jover, S. " Primary Card - Amex Green. To that end, credit card issuers may also ask for proof of income, such as pay stubs, bank. The numbers looked good so I went ahead and applied for some cards. After that, they denied my requests more than 15 times. I recently applied and was initially approved for a discover it card. of the corporation may submit a Form 4506 but must provide documentation to support the requester's right to receive the information. Hi everybody my little brother turned 18 on august 30 i advised him to start with secured card from discover so he did apply and got approved he is jus turned 18 and he started working couple month ago at subway making approximately 1800 a month and he is full time college student to so he received email to sign form 4506 t we tried to explain discover. Why is discover asking for 4506-c? It allows the financial institution or credit issuer to look into your IRS tax returns. On Oct. That's fine, I'm pretty sure I'm not doing anything illegal here, however they want information from my 2017 and 2018 tax returns, which I never filed. Chase Saphire (denied) Capital One Cash (approved $500CL) Amex Blue & Green (Cancelled)The logistics behind IV on 44 million (even when adjusted for those with two cards) is mind numbing, and logistically impossible. 11-2021 Page Section references are to the Internal Revenue Code unless otherwise noted. The following tips will allow you to fill out IRS 4506-C easily and quickly: Open the document in our feature-rich online editing tool by hitting Get form. . I asked him if they had received my tax transcript yet and his response was, "We don't have your tax transcript on file but we will request it if we need to which is why we are requiring everyone to sign form 4506. These updates to IVES are in response to the Taxpayer First Act. It will allow the financial institution or credit card issuer to review your tax returns with the IRS. Hello all, for the past year I have built my credit from a 502 to a 707 (Credit Karma Score) using a Wellsfargo Secured Card (300 CL), Credit One Platinum (450 CL), and a Gamestop Retail Card (250 CL). Well I just got the dreaded request from Discover to let Equifax pull my taxes to see if my income matches up. Have a Social Security number. Most don't seem to mind, I would close the card. Generally, Form 4506 can be signed by any person who was a member of the partnership during any part of the tax period requested on line 7. SBA Lenders must follow IRS Form 4506-C Instructions or risk rejection of the request by IRS. 4506-C (September 2020) Department of the Treasury - Internal Revenue Service. My credit score is 730+ and I figured I would get approved instantly. Have 2 cards. Most lenders use the form to verify the self-reported income portion of your application to your tax return. g. What is a Form 4506-C? Form 4506-C is an Internal Revenue Service (IRS) document that is used to retrieve past tax returns, W-2, and 1099 transcripts that are on file with the IRS. In short, Form 4506-C is also known as Request for Transcript of Tax Return. Click the New Document option above, then drag and drop the file to the upload area, import it from. For more information about Form 4506-C. I'd be happy if I can recoup half (or 10k). 10-2022) Form 4506-C (October 2022) Department of the Treasury - Internal Revenue Service. I was pretty happy because I'd been shut down for so long. then after 3-4 days, got hit with the IRS 4506-C form… With two online options, IVES participants can choose an avenue that works best for their company model. gov – Get a Transcript. Only list a spouse if their own transcripts will be requested and they will be signing the request. I have always liked the LUV button lol. ó. Previously, IRS Form 4506-T was used for this purpose; however, effective May 1, 2021, only Form 4506-C will be accepted through IVES to provide tax transcripts. Send us paperwork. When Amex requested my tax transcript several years ago, it was when my credit line was requested to exceed $35,000. 4506-T Form used to verify income. January 18, 2022 -- NCS have deployed the new IRS requirements. Must use Form 4506-T if a letter is needed for tax years older than the prior three years. I called them and asked if I can provide any other documentation and it was a hard no. May have been triggered by not using the card much the last 6. Amex told me they needed the form in order to verify my income. $500 secued card???? Gotta be a screw up unless you accidently put down $450. There's a reason why its a secured app and secondly. (Forms 4506-T and 4506T-EZ are used by taxpayers to request a transcript of tax return. My initial instinct was this could be related to how Discover chooses to navigate Ability to Pay rules - i. Taxpayers can have a copy of most forms, including forms 1040. Fast, electronic processing of Form 4506-C. The team is available Monday through Friday, from 8:00AM-9:00PM Eastern Time, and Saturday 8:00AM-4:30PM Eastern Time. . Happened to me, regular reconsideration or increase asked me for the same documents they requested on September that the congressional inquiry. “Those who desire to give up freedom in order to gain security will not have, nor do they deserve, either one. But, then I realized, I wouldn't receive my most current statement. 4506-C (9-2020) Form . Total CL - $567,100. When I open it, it's really a form 4506-T, which is normally a tax transcript from IRS for income verification. If they bring up the request, then you have your answer. But be prepared to wait. After that, they denied my requests more than 15 times :smileylol: A couple of Sundays ago, I went for it again just for S&G expecting another denial. It allows the financial institution or credit issuer to look into your IRS tax returns. The document gives permission for a third party to retrieve the tax payer’s data. Bring the following documents to the notary: °Government issued. Partnerships. Partnerships. 4506-C or 8821 for 7(a) and 504 Loans CONTROL NO. I would call them as say to them what you are telling us. I recently charged it nearly to its max over the last 2 months due to my. For more information about Form 4506-C. Hope others in the know, will answer. You should receive a separate communication from Discover. . 4506-C (9-2020) Form . If that becomes the case, then after some months of responsible use, they will covert it to a full fledged card. e. i know when i took unsecured loans in the past they wanted paystubs and utility bills. MAJOR Discover Change - NIGHTMARE ! So, applied for Discover 1 month ago -- after sending in the ridiculous 4506-T form via email, I waited three more weeks to "verify my idenidty" via this form. Why is discover asking for 4506-c? It allows the financial institution or credit issuer to look into your IRS tax returns. From past data points, it appears that 4506-C reviews typically take a week or two (and sometimes as long as three weeks) for Discover to process. OMB Number 1545-1872. If you want a better idea of what personal loans you may qualify for with your income, you can use WalletHub's free pre-qualification tool. Major changes to the form include: Reminder: Participants must be authorized to submit electronic signatures. I am self-employed and am waiting on a K1 from an investment and therefore have my personal taxes ready to go but can't click submit yet. 10-2022) Form . I asked him if he had my signed 4506 on file. So they are asking mortgage applicants to sign the IRS Form 4506, which is technically called a “Request for Copy or Transcript of Tax Form” as part of the mortgage application process. Related forms. there might be something on your credit report they need an answer to or maybe during the application you told them you were self employed. Most lenders use the form to verify the self-reported income portion of your application to your tax return. . in Spain. Little extra effort to keep it going!American Express and Discover are the two main credit issuers who routinely request Form 4506-T to verify your income. completed and signed IRS Form 4506-C. Previously, IRS Form 4506-T was used for this purpose; however, effective May 1, 2021, only Form 4506-C will be accepted through IVES to provide tax transcripts to third parties. S. Re: Random Discover 4506-C Request. The new 4506-C will permit the cleared and vetted IVES clients to request tax return information on the behalf of the authorizing taxpayer. Do not sign this form unless all applicable lines have been completed. You can contact Discover as ask if they will accept paystubs, in some cases they will. The Department again referenced Form 4506-C in its 30-Day Notice on. Discover sent me a 4506-T request. From local news and events to breathtaking scenery and outdoor activities, this community is a hub for British Columbians and anyone interested in the region. B_Huxley. There was a short transitional period where both form types were accepted but that ended 5-6 months ago when the IRS. He said he did. The rep said the tax transcript is purely to verify name, ssn, address etc for identi. Data points on Discover are all over the place. If we do not receive the IRS Consent form 4506-T as requested, your account will be closed. EFFECTIVE: March 1, 2023. Surprisingly, they offered a $7k CLI. wrote: Ive had my Discover for about 5 years. But there’s no guarantee when, or if, it will happen. A quick sketch of the way to do it: - Go through the steps to request your CLI online. The 4506 is actually for 2018, 2019. The worst part is it seems they have a tendency to close accounts without any disclosure, even if you send them the form. From my limited experience with the '4506-C' issue. The IRS Form 4506-C is a Request for Copy of Tax Return form that can be used to request copies of a taxpayer’s tax returns. Should be signed exactly as name appeared on tax return for the most recent tax year requested. its secured!!! 🤣 Why approve then have applicant jump through hoops? This would be way more appropriate on a large unsecured CL than a $200 limit. The 4506 - T form says: “The IRS. . ) Return to top. Congrats! Our credit card journey started 3/2018. Its extremely scary if income couldn't be verified. In this video I going to cover what are your options and share with your what I did for. The IRS Form 4506-C is an information request form used by banks and other lenders to verify a borrower’s identity and tax information, and to obtain copies of past tax returns. . ) Note: An alternate form or process is also acceptable if it authorizes the. IRS Form 4506-C can be used to obtain transcripts for up to four years or tax periods but only one tax form number can be requested per each IRS Form 4506-C. IVES Request for Transcript of Tax Return. Add the 4506 c form for redacting. I was approved a little over a month ago for the Discover It Cash Back card. For all loans reviewed through the random selection process. Discover 4506-t review . 19% ulization all cards combine. After that, they denied my requests more than 15 times :smileylol: A couple of Sundays ago, I went for it again just for S&G expecting another denial. (Have not received 4506T request, just being cautious) Goal: Mortgage/Chase Trifecta. The December Selling Guide update will. Benefits: Secure, online taxpayer authorization. If they're asking for it now they'll be asking for it if you reapply in 90 days. Automated methods for obtaining tax transcripts being unavailable. Complete the necessary fields that are marked in yellow. Bring the following documents to the notary: °Government issued photo ID, Passport, or Visa °Most recent 3 months of bank statements from your financial banking. You just need to confirm your identity by inputting your Social Security number (SSN) and you’ll find out whether your Discover credit card application is approved, denied or pending. 4506-C (September 2020) Department of the Treasury - Internal Revenue Service. , you should be able to have the form notarized in whatever state you're currently traveling in. That’s good news for lenders, but the new process does come with. Amex asking for 4506-C When applying for amex platinum. do not . The first section of the form requires your name, address, Social Security Number, and date of birth. Where as a 4506-T is a request for tax documents directly from the IRS. Nothing he says is meant to be taken serious, This channel is for entertainment purpose. Two CLI, currently sitting around $7k. To fill out the form, you will need to provide basic information about. They define households as people who share expenses and live together, and who are on the same lease. Forms submitted with. Income verification for taxpayers You can authorize a lender to request your. No way to know what caused it. Do not sign this form unless all applicable lines have been completed. The OP also had questions about the $1K SL on their approved Delta Gold AmEx, IIRC. Even though I have bought and sold over 10 cars in the. 5 (a) (ii) because of an IRS form change, the Seller will not be penalized for being. I applied for a Discover card last week and was accepted. If they will not grant the card on that basis, you may have to do the secured Discover IT route. I applied for a Discover It Secured about 6 months ago, the second day after making my deposit of 200$ I had a request for 4506-T form in my inbox through Equifax, given Equifax amazing track record with security I declined to provide that info to discover, apped for a Chase Boundless and was instantly approved for 5k. OMB Number 1545-1872. The IRS warns that it can take up to 75 calendar days to process your request. If they bring up the request, then you have your answer. "The California Clean Vehicle Rebate Project, or CVRP, is a popular California EV rebate that can save buyers money on an EV, plug-in hybrid, or hydrogen fuel cell car. The strange thing is that I've had the Disco card for over 3 years and have not provided any income to them since the day I opened the account, nor have I. wrote: Funny story. Fannie Mae requires lenders to have each borrower whose income (regardless of income source) is used to qualify for the loan to complete and sign a separate IRS Form 4506-C at or. Do not sign this form unless all applicable lines have been completed. That’s quite unfortunate. The 4506-C hold doesn't reverse your approval for the card; it just prevents you from actually using the card until the hold is lifted. Press the arrow with the inscription Next to move from field to field. Most lenders use the form to verify the self-reported income portion of your application to your tax return. Yesterday i get an email from equifax verification services stating that DFS is requesting a FORM 4506-T to verify the income i out. (For additional information on completing Form 4506-C, go to Getting Started – Using IVES. Cash Back and SUBs earned as of 5/1/22- $14277. 5. So discover called me telling me my account is in hold until they finish my 4506-t review. Your lender may ask you to provide the tax return information, and you have to send the form to the. Another Discover 4506-T @Nomad3 wrote: Not to threadjack, but. IVES Request for Transcript of Tax Return. It’s similar to the financial review process with American Express, to answer your question- if your income doesn’t match what you stated or have entered for limit increases then it’s very likely you will get shut down and probably will never be able to get a discover card again. Usually carry 40-60% balance and pay off monthly. While it is a bit odd the title company is asking (and not the lender), it's probable that they audited the paperwork and found it missing. We would like to show you a description here but the site won’t allow us. Some lenders may submit the Form 4506-C to the IRS to document borrower income, but the intent ofDear Customer, The Income Verification Express Service (IVES) program is used by mortgage lenders and others within the financial community to confirm the income of a borrower during the processing of a loan application. ” – (BOLD. Fannie Mae requires lenders to have each borrower whose income (regardless of income source) is used to qualify for the loan to complete and sign a separate IRS Form 4506-C at or before. Previously, IRS Form 4506-T was used for this purpose; however, effective May 1, 2021, only Form 4506-C will be accepted through IVES to provide tax transcripts to third parties. The Form 4506-C is a document used by the Internal Revenue Service (IRS) to request a copy of a taxpayer’s tax transcript. However, because of the pandemic I was forced to shut down for all of 2020 and until recently I re-opened my business. IVES Request for Transcript of Tax Return. Financial Information Verification via IRS Form 4506-C The procedures in SOP 50 10 6, Part 2, Section A, Paragraph B. Even though income is verified through various third party documents, tax transcripts will still be ordered. On March 9, 2022, SBA issued . If you're a lender, bank or other third party, you can participate in IVES if you complete the application. 1. Very frustrating. I've heard of wanting to see proof of income from a paystub (rarely) but asking for tax returns seems strange. During the homeowner assistance process, you may need to submit a variety of documents to help us understand your financial situation. 1,527 sq ft. A 4506-T is often a requirement for loans to comply with Fannie Mae/Freddie Mac rules, meaning they can be sold to these major purchasers of mortgages only with the required form. Line 1a: Enter your name as it's shown on your tax returns. I’ve read a lot of posts about getting asked for this form but it mentions 7-10 days for a response. Hover over cards to see limits and usage. A typo in the Signature of taxpayer (s) statement was corrected to remove the double entry of the. In any case, this may be IRS Consent Form 4506-C. Discover randomly targets everyone from old accounts to newly made secured card holders. All forms are printable and downloadable. The IRS Form 4506: Then and Now. As far as income, different states treat "household" income differently, having said that, as long as it is income available to yo. 4506-C Income Verification Features & Benefits: Accelerated Processing Time: Veri-Tax audits 100% of orders at multiple check-points, reducing IRS rejections by 29%. Remember that anything still owed on the account is still due. Forms with missing. Discover Financial Services is sending you this IRS Consent Form 4506-T related to your existing account. A couple of weeks later they said that they could not verify my information and closed my account (see letter below). A 4506-T form can be used to request transcripts of a Form 1040 individual tax return, or transcripts from Forms W-2, 1098, 1099 and 5498. I am still fairly new to credit cards and in the process of building credit for the very first time. Amex is no joke, and they are dead serious when they ask for. Discover began demanding IRS form 4506 in 2019 to many new applicants and current customers. A couple of months ago, I posted a CLI approval by Discover. The Form 4506-C: IVES Request for Transcript of Tax (IRS) form. Future Developments For the latestWhat Lenders Need to Know About the New IRS 4506-C Form Process. Except as permitted in this paragraph, a creditor may not request any information concerning the spouse or former spouse of an applicant. Incorrect form version. an IRS matterIf you're self-employed or a freelancer, you may need to submit a recent tax return or other forms like a W-2 or 1099. ) Sometimes going after a 2nd Disco card has triggered this, and they seem to ask randomly on new apps as well. 3. Real-time status updates. When I asked an agent questions about the application, I was. 4506 c form pdf Form 4506C (June 2019 D R A FT Department of the Treasury Internal Revenue Services Request for Transcript of Tax Return OMB Number 1545Do not sign this irs form 4506 c Cat. As an aside, the 4506-C is now the form used to request release of federal tax returns. Re: Discover $7k CLI --> Then 4506-C. In short, Form 4506-C is also known as Request for Transcript of Tax Return. ó. 5 bathrooms. Nearby homes similar to 4506 Dartmouth Dr have recently sold between $90K to $270K at an average of $125 per square foot. I don't understand why Discover is asking for 4506-T's on secured credit cards. I recently went through this tax return junk with buying a newish car, put 40% down, and didn't want to pay in full because money was still cheap and the market was doing too good use those funds for buying a depreciating asset. Complete a blank sample electronically to save yourself time and money. they can't consider you for credit line increases with stale income, and getting consent to annually update your income via permitted access to IRS info is easier than repeatedly asking you to update your income). In effort to protect taxpayer information, a policy change was implemented for the Form 4506 series which no longer permits the mailing of tax returns to third parties.