Income Verification Express Service (IVES) |
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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. The IRS provides return transcript, W-2 transcript and 1099 transcript information generally within 2 business days (business day equals 6 a.m. to 2 p.m. local IVES site time) to a third party with the consent of the taxpayer. The transcript information is delivered to a secure mailbox based on information received from a Form 4506-T. A $4.50 fee is imposed on each transcript requested. This service replaced the previous process that required manual pick-up and delivery of transcripts from the seven IRS Return and Income Verification Services (RAIVS) units located across the country.
This service automates the delivery portion of the process. Customers log on to IRS.gov to retrieve their requested transcripts from a secure mailbox located on the e-Services electronic platform. The “front end” of the process remains the same. Customers will need to fax the signed Form 4506-T, Request for Transcript of Tax Return, to the one of the six designated RAIVS units.
Effective February 2, 2009, the IVES program was expanded to include a new site. Our Austin location is now part of the IVES program.
As a result of upgrades to our e-Fax services it was necessary to change the IVES fax numbers when requesting products for those participants aligned with Andover, Cincinnati, Fresno and Ogden. The new fax numbers are:
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Andover 877-477-0582
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Austin 877-477-9603
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Cincinnati 877-477-0578
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Fresno 877-477-0576
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Kansas City 877-477-9601
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Ogden 877-477-0580
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Page Last Reviewed or Updated: February 19, 2009