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Form 4506-T Request for Transcript of Tax Return OMB No. 1545-1872 (Rev. January 2010) Department of the Treasury Internal Revenue Service ? Request may be rejected if the form is incomplete or illegible.
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How to fill out select portfolio servicing 4506:

01
Gather all required documents, such as your tax returns for the past two years.
02
Write your name, Social Security number, and contact information in the appropriate fields on the form.
03
Specify the tax years you are requesting transcripts for and indicate the purpose of the request, such as mortgage application or loan modification.
04
Attach any additional supporting documents requested by select portfolio servicing.
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Review the completed form for accuracy and make any necessary corrections.
06
Sign and date the form.
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Make a copy of the filled out form and keep it for your records.

Who needs select portfolio servicing 4506:

01
Individuals or businesses who are applying for a mortgage or loan and require verification of their income through tax transcripts.
02
Individuals who need to provide proof of income for loan modifications or refinancing purposes.
03
Financial institutions or lenders who require tax transcripts as part of their due diligence process.
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Select Portfolio Servicing 4506 is a form used by mortgage servicers to request a transcript of a borrower's tax return directly from the IRS.
Mortgage servicers who need to verify a borrower's income or tax information are required to file Select Portfolio Servicing 4506.
To fill out Select Portfolio Servicing 4506, the servicer must provide the borrower's information, sign and date the form, and submit it to the IRS.
The purpose of Select Portfolio Servicing 4506 is to allow mortgage servicers to verify a borrower's income and tax information for the purpose of underwriting and servicing loans.
Select Portfolio Servicing 4506 requires the borrower's name, address, social security number, and signature. It also includes the tax year being requested and the reason for the request.
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