Contractors are not classified as employees, therefore the company they are contracting with cannot verify their employment or income. For income verifications, there are a few ways to complete the verification, depending on the type of contractor and type of verification. If this is a “soft” income verification (i.e. as part of a rental application), you may only need to see proof of income. This can be done through bank statements, copies of 1099 forms, or other transcripts that show payment (i.e. Op payment screen). If it is a “hard” income verification (i.e. as part of a loan or mortgage application), you will need to use the Income Verification Express Service provided by the IRS. This service provides verified requesters with official 1099 transcripts directly from the IRS.
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