Verify Every Source of Household Income

Verify Every Source of Household Income



Make sure that you verify every source of income a household reports. A household isn’t qualified unless you have the verifications to prove it. So if you accept a household without verifying all its income, the owner won’t be able to claim tax credits for the household’s unit. And if the owner needs to count the unit to meet the minimum set-aside, the owner won’t be able to claim credits.

Make sure that you verify every source of income a household reports. A household isn’t qualified unless you have the verifications to prove it. So if you accept a household without verifying all its income, the owner won’t be able to claim tax credits for the household’s unit. And if the owner needs to count the unit to meet the minimum set-aside, the owner won’t be able to claim credits.

For example, say you’ve determined that a household is qualified, and you’ve been trying to get its income verified by the income sources. If you’ve been having trouble getting verification from one source, you might consider giving up. But if you don’t get that verification, the household isn’t qualified even though you’ve determined that it is. You need the verification to prove that the income you used to make your determination is accurate.

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