Many of our Applicants and Members are self-employed, and we're more than able to help you through your application process and what we may request from you!
Since there are many forms of self-employment, the documentation required may vary. Be sure to click the Self Employed box when filling out your application, and our system will direct you to choose which category of self-employment applies to you.
Please use the information provided below as a helpful resource to guide you through your financial journey:
Type |
Documents Required |
|
Sole Proprietor OR Independent Contractor |
Prior 2 years' filed Schedule Cs from Form 1040, Federal Tax Returns
https://www.irs.gov/pub/irs-pdf/f1040.pdf Form 1040 Schedule C - Profit & Loss: |
| S-Corp |
Prior 2 years' filed K-1 from Form 1120S, Federal Tax Returns If you receive wages from the company, most recent 2 years' W-2s
https://www.irs.gov/pub/irs-pdf/f1120ssk.pdf Form 1120-S: 1125-E Form: |
| Partnerships |
Prior 2 years' filed K-1 from Form 1065, Federal Tax Returns AND If you receive wages from the company, most recent 2 years' W-2s |
|
Corporation Less than 25% ownership |
Most recent pay stub |
|
Corporation Greater than 25% ownership |
Prior 2 years' filed Form 1120 business tax returns AND Most recent 2 years' W-2s and/or 1099s
1120 Form: 1125-E Form: Schedule G Form 1120: |
|
Non-Profit Officer or Director |
Prior 2 years' filed Form 990 AND 2 years' W2s |
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