When applying for a tax credit apartment, how does the complex know if someone is telling the truth on how much they make. For instance, you cannot make over a certain amount, with a certain number of people living with you. How can they verify the other tenants income?
How do tax credit apartments know if you%26#039;re being truthful about your income?
You sign a release and they check with the employer.
How do tax credit apartments know if you%26#039;re being truthful about your income?
They require multiple forms of income verification, ie paycheck stubs, last year%26#039;s W2, etc. Of course, many people do not report all their income, work under the table, etc., but the government has many ways of verifying (income estimates for similar positions - even waiters/waitresses, individual business owners, etc.).
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