The first section of the form requires your name, address, Social Security Number, and date of birth. ” (84 FR 35709 [2019]) Written comments on the new form were required to be received by the IRS on or before September 23, 2019. 10-2022) Form 4506-C (October 2022) Department of the Treasury - Internal Revenue Service. I was approved a little over a month ago for the Discover It Cash Back card. The Form 4506-C is a document used by the Internal Revenue Service (IRS) to request a copy of a taxpayer’s tax transcript. IVES Request for Transcript of Tax Return. The last time Discover granted me a CLI was in March 2020, which took me from $19k to $21. The answer is no, you don’t have to. I have always liked the LUV button lol. I was approved for the Secured Discover and i put $500 down for it, they got the money and opened the account, havent received card yet even though sais it on the way. . SBA Lenders must follow IRS Form 4506-C Instructions or risk rejection of the request by IRS. OMB Number 1545-1872. @rare_tea5155. Yup, 4506-C merely means you are allowing access to your tax returns. I suppose it is their sandbox and they can ask for whatever they would like and one has two options. $234,900 Last Sold Price. File size: 77KB. $1M+ club. Here’s the problem:I don't think lenders would need to be so draconian as to request a 4506-C from most prospective borrowers, simply ask the borrower for permission to verify their income from their employers. Discover $7k CLI --> Then 4506-C. I am still fairly new to credit cards and in the process of building credit for the very first time. 4506-C (Rev. I call Discover again and asked what I should do. Fannie Mae requires lenders to have each borrower whose income (regardless of income source) is used to qualify for the loan to complete and sign a separate IRS Form 4506-C at or. SOLD JUL 28, 2023. To those that receive a 4506-C from Discover. So discover called me telling me my account is in hold until they finish my 4506-t review. Hello all, Card member for over a year and it has been wonderful, no hiccups, generous CLI’s and everything is perfect, today, I got slapped with this form. ; Select Request for Copy of Tax Return (4506). A couple of Sundays ago, I went for it again just for S&G expecting another denial. Income verification for participants. A 4506-T form does not verify your address. . Use the Cross or Check marks in the top toolbar to select your answers in the list boxes. The following tips will allow you to fill out IRS 4506-C easily and quickly: Open the document in our feature-rich online editing tool by hitting Get form. Except as permitted in this paragraph, a creditor may not request any information concerning the spouse or former spouse of an applicant. It is mandatory. Only list a spouse if their own transcripts will be requested and they will be signing the request. Discover card is Asking. Well, Discover requested 4506-C from IRS. It’s hugely helpful. Most lenders use the form to verify the self-reported income portion of your application to your tax return. S. On any device & OS. Message 7 of 10. Providing updated income information to your credit card issuer is strictly voluntary. Received an email from Disco asking me to sign consent for IRS 4506-C form. Discover was not actively used in my wallet in the past year, because of overlapping its 5%. Log in to the editor with your credentials or click Create free account to test the tool’s features. Its official. Forms with missing signatures or required signatures’ information will be rejected. SL was $800 and now sits at $20. IRS Form 4506-C can be used to obtain transcripts for up to four years or tax periods but only one tax form number can be requested per each IRS Form 4506-C. I was wondering if anyone had an idea of how long it took them to have their form accepted by Discover. A few days later, and I get the 4506-T email. Discover assured me there’s nothing to worry about even if the income I provided on my app wasn’t accurate. IVES Request for Transcript of Tax Return. Honestly, Discover would do better to just deny the app outright than ask for tax returns on a SCC. “Form 4506-C was created to be utilized by authorized Income Verification Express Service (IVES) Participants to order Tax Transcript records electronically for a third party. I turned 18 just one month ago and thought it would be a good idea to start building my credit score in preparation for an upcoming solo trip. Previously, IRS Form 4506-T was used for this purpose; however, effective May 1, 2021, only Form 4506-C will be accepted through IVES to provide tax transcripts to third parties. 4506-C (9-2020) Form . (9/2023) FICO 8 (EX) 825 (TU) 841 (EQ) 848. What do you mean "just let it ride"? If you don't provide the info they're requesting, t. ago. The exception was the Citi Aadvantage Amex, where Citi wants me to send them an IRS Form 4506-T, Request for Transcript of Tax Form. A lot of people get their account closed with Discover even after they agreed to submit it. ” - Benjamin Franklin "I gave what was the least untruthful answer" - James Clapper, previous US Director National Intelligence, explaining why he. SCEflyer. This letter is available after June 15 for the current tax year or anytime for the prior three tax years using Get Transcript Online. . Quick steps to complete and e-sign 4506 c form pdf online: Use Get Form or simply click on the template preview to open it in the editor. Should be signed exactly as name appeared on tax return for the most recent tax year requested. Fast, electronic processing of Form 4506-C. I suspected as much, but it's nice to have clarification. Once signed, you are giving them permission to retrieve copies of your tax returns. This form is typically used when a taxpayer needs to provide their tax information to a lender or other third party for a loan application or other purpose. If a 1040 and 1099 are ordered on the same 4506C, the 1099 transcript will include W2. Instead, I mailed them an actual transcript. After closing the lender can obtain copies of the borrowers' returns from the IRS and the. Congrats . The IRS Form 4506-C is a Request for Copy of Tax Return form that can be used to request copies of a taxpayer’s tax returns. wrote: Funny story. Each household member needs to fill out a 4506-C; if your roommates aren't close to you, they'd probably refuse. Must use Form 4506-T if a letter is needed for tax years older than the prior three years. After activating the card, I got an email saying I had to fill out the IRS Consent Form 4506-C. The information provided will be used to search the taxpayers account and provide the requested information and to. During the pandemic, Discover also linked up with the Social Security. they can't consider you for credit line increases with stale income, and getting consent to annually update your income via permitted access to IRS info is easier than repeatedly asking you to update your income). Just recently got a car loan and the lender used my bank statements for income. Discover's Language. Amex asking for 4506-C When applying for amex platinum. Discover 4506-t review . To complete the form you must provide your e. Carefully read and understand the instructions provided with the form to ensure accurate completion. OMB Number 1545-1872. Nearby recently sold homes. To learn more about individual documents, and to download copies of selected forms, choose from the links below. Your Personal Banker will need some simple information by phone. The much more intensive use of Form 4506-T also is focusing new light on what consumers should -- and shouldn’t -- do when confronted with a lender’s or settlement agent’s request that they. I don't see why this would have to be reviewed by a human. Request may be rejected if the form is incomplete or illegible. Future Developments For the latestWhat Lenders Need to Know About the New IRS 4506-C Form Process. Why is discover asking for a 4506-C? It allows the financial institution or credit issuer to look into your IRS tax returns. Surprisingly, they offered a $7k CLI. They then cut you and the AU off to protect themselves. Hope others in the know, will answer. About 8 or 9 days have passed by and I get an email one morning with Equifax Verification Services at the top asking me to put my signature on an IRS consent for. For example, it is necessary to complete. I'm so done with Discover I opened my second credit card with them and got hit with 4506C they are wanting me to send notarized bank statements in which I complied with right away, however the only problem is on the bottom part of notarized document they are wanting the notarizing officer to sign but since I live in California they wouldn't and that all the public. Previously, IRS Form 4506-T was used for this purpose; however, effective May 1, 2021, only Form 4506-C will be accepted through IVES to provide tax transcripts. Income verification for taxpayers You can authorize a lender to request your. It's nothing personal; Discover these days is basically requiring everyone (including longtime cardholders of many years) to go through the 4506-C process. Most lenders use the form to verify the self-reported income portion of your application to your tax return. When I asked an agent questions about the application, I was. I called them and they said they wanted a 4506-C to verify my income. Because of data thefts outside the tax system, cybercriminals often attempt to impersonate taxpayers and tax professionals. Quick steps to complete and e-sign Form 4506 c online: Use Get Form or simply click on the template preview to open it in the editor. Good thing I kept at it and kept asking to get to another level of supervisor. Question about lenders obtaining tax transcripts. Fannie Mae requires lenders to have each borrower whose income (regardless of income source) is used to qualify for the loan to complete and sign a separate IRS Form 4506-C at or before closing. No way to know what caused it. Mortgage broker said all looks good with my Schedule C which I file every year - guess they want to make sure your business. You just need to confirm your identity by inputting your Social Security number (SSN) and you’ll find out whether your Discover credit card application is approved, denied or pending. ~Never unsecured. NFL NBA Megan Anderson Atlanta Hawks Los Angeles Lakers Boston Celtics Arsenal F. Generally, Form 4506 can be signed by any person who was a member of the partnership during any part of the tax period requested on line 7. (Laiki Bank) in Cyprus. Indeed this is usually a bad sign. Other Items You May Find Useful. 10-2022) Form . Sometimes, Discover would instead ask for 3 bank statements to show that you are good for it when it comes to having money to pay off the card. Most lenders use the form to verify the self-reported income portion of your application to your tax return. Request may be rejected if the form is incomplete or illegible. wrote: Ive had my Discover for about 5 years. After activating the card, I got an email saying I had to fill out the IRS Consent Form 4506-C. The tax transcript contains information from a variety of. They are also requesting the following: I decide that I didn't want to waste a HP and I didn't inflate my income, so I signed the 4506-C. The IRS IVES Request for Transcript of Tax Return (IRS Form 4506-C) gives the lender permission from the borrower to obtain tax transcripts from the IRS. Fine, whatever. Personal Finance Discover personal finance tips and tricks around everything from managing your money to saving and planning for the future. The 4506 - T form says: “The IRS. 4506-C (October 2022) Department of the Treasury - Internal Revenue Service. You still give permission for the returns, but they. OMB Number 1545-1872. For example, it is necessary to complete two IRS Form 4506-Cs for a self-employed borrower whose income documentation includes both two years of personal tax returns and two. 4506-C (9-2020) Form . Form 4506, Request for Copy of Tax Return, takes longer and costs $50 per return. of the corporation may submit a Form 4506 but must provide documentation to support the requester's right to receive the information. For all loans reviewed through the random selection process. For more information about Form 4506-C. This seems very intrusive, and I'm not inclined to send them the completed. After that, they denied my requests more than 15 times :smileylol: A couple of Sundays ago, I went for it again just for S&G expecting another denial. After that, they denied my requests more than 15 times. The strange thing is that I've had the Disco card for over 3 years and have not provided any income to them since the day I opened the account, nor have I. The IRS 4506-T form is an authorization for an entity to retrieve federal income tax transcripts directly from the IRS. Total CL - $567,100. to get the form notarized. I then received a letter asking me to provide a 4506-C, which authorizes Amex to take a look at my tax returns. Hi everybody my little brother turned 18 on august 30 i advised him to start with secured card from discover so he did apply and got approved he is jus turned 18 and he started working couple month ago at subway making approximately 1800 a month and he is full time college student to so he received email to sign form 4506 t we tried to explain discover. There's a reason why its a secured app and secondly. The lender has the discretion to determine at what point in the process it is obtained, understanding that the form is only valid for 120 days from the date of the borrower’s completion/signature. Another Discover 4506-C Request - Submitted - Updating for DP collection. Partnerships. Your lender may ask you to provide the tax return information, and you have to send the form to the IRS. . If they asked you for proof of income, you will always be asked that by Amex. No. , borrower’s name and address against W-2s) to Form 4506-C to prevent common. Cannot remember when I was asked to update my income - few to sever. . I forgot to ask that question when I called. For questions or if any information on your 4506-T is incorrect, please contact Discover Customer Protection Services directly at 1-800-203-4969, or call the phone number on the back of your card. IRS 4506-C Request. That put me at $. Form 4506-C Final Published Version. if you can get them and give them to the mortgage company it will speed up the process. NFCU More Rewards 28K CL NFCU Cash Rewards 16K CL Citi Custom Cash 7. And reports suggest it is a Discover issue, just google "Discover IRS 4506" and there's plenty posts on reddit and elsewhere. Most lenders use the form to verify the self-reported income portion of your application to your tax return. S. 4506-t form pdf 4506-t form sba irs 4506-t form online 4506-c form form 4506 how to fill out form 4506-t irs form 4506-t verification of non-filing irs transcript phone number. Form 4506-C questions. This is a request to verify your income. Most lenders use the form to verify the self-reported income portion of your application to your tax return. Sorry to hear that nonsense from Discover. . We signed our loan disclosures last week and in it was a form 4506-T so the lender can request tax transcripts. 4506-C (9-2020) Form . 4506-C (9-2020) Form . The December Selling Guide update will include. The IRS provides tax records to a third party only with the consent of the taxpayer. . wrote: wrote: wrote: Call Discover and verify this wasnt a computer malfunction $500 secued card???? Gotta be a screw up unless you accidently put down $450. It sounds strange to me because this may i was approved by discover for all 3 cards and they didnt ask me for anything, nada. As an aside, the 4506-C is now the form used to request release of federal tax returns. I experienced this just yesterday. This form is typically used when a taxpayer needs to provide their tax information to a lender or other third party for a loan application or other purpose. Types of income to include. Congrats! Our credit card journey started 3/2018. - If you get a 4506-C request, use the Back function of your browser - left-facing arrow in the top left if using Firefox for example - to go back to the page where you typed in the requested credit limit. So when they ask for something and someone else received it and uploaded it to wherever file they put them another department will ask for it again until it’s uploaded to where they really want it. coolnachoswguac. • Form 4506-C must be signed and dated by the taxpayer listed on line 1a and, if listed, 2a. Real-time status updates. Why is discover asking for a 4506-C? It allows the financial institution or credit issuer to look into your IRS tax returns. After I read the instructions, since 2019 IRS is not sending transcripts to third parties (Barclays in this case). Or 2019 2020 ( last 2 years). If lenders wish to request the actual tax return, they will need to use IRS form 4506. Should you have any questions, or any information on your 4506-T is incorrect, please contact Discover at 1-800-203-4969 before submitting. Request may be rejected if the form is incomplete or illegible. 4506-T is for IRS transcripts and won't help Discover much when they need to really be asking for a SSA-89 which verifies your SSN throught he SSA and not he IRS. As we all know or are discovering (pun intended) Disco is serving up 4506-Ts via Equifax to everyone, eventually. Transcript requests being rejected by the IRS with a Code 10 indicating that Due to Limitations, the IRS is unable to process this request; Transcript being rejected because of missing, incomplete, illegible, or altered information on the Form 4506-C (codes 1-9); or. Initially, the original 4506 could take up to 60-days for the lender to. For existing cardholders who haven't gone through the 4506-C process yet, it's most likely just a matter of whether they get the "request" sooner or later. My initial instinct was this could be related to how Discover chooses to navigate Ability to Pay rules - i. Im fine with supplying the bank statements, the problem is I have never filed taxes because the majority. 1 Per the Taxpayer First Act, a "qualified disclosure" means a disclosure under section 6103(c) of the Internal Revenue Code of 1986 of returns or return information by the IRS to a person seeking to verify the income or creditworthiness of a taxpayer who is a borrower in the processby brameshk22. So you just got to keep calling and asking until one of Discover's phone rep allows you to do this. EFFECTIVE: March 1, 2023. Inquired with Discover and they said I needed to be verified and to sign the aforementioned form request. Why did we go to this pay system?Discover Card requesting Income Verification Form (IRS consent form 4506-C) what happens next? I recently submitted an Income Verification Form 4506-C that Discover requested after one(1) 3-day late payment on my account which is now over 2 years old but has a high utilization rate ($5900 of my $6000 limit). From my limited experience with the '4506-C' issue. Amex is no joke, and they are dead serious when they ask for. So, listing your annual income is a requirement on every credit card application. For questions or if any information on your 4506-C is incorrect, please contact Discover Customer Protection Services directly at 1-800-203-4969, or call the phone number on the back of your card. 5 bathrooms. OMB Number 1545-1872. 4506-C (September 2020) Department of the Treasury - Internal Revenue Service. Now that you know why your bank wants this information, you’re probably wondering whether or not you have to give it to them. It is important to remember the purpose of the 4506-C is to request a transcript of a tax return through the IVES system. I am me. In our latest webinar, we explain the changes, requirements, and. Hover over cards to see limits and usage. . 2. Only one (1) product can be on Line 6. The unspoken rule is that if they (Discover) can do it once, they sure can do it again (ask for consent to access your tax transcripts). Its extremely scary if income couldn't be verified. 4 beds. I have two accounts open with Discover for 5 years, one account $9,500 and second account opened earlier this year with a $20,000 - 5849200 - 4Ask Poli AskPoli. 000 They sent me another email today saying to call again to the Customer service protection line and they said they are doing this w. To fill out the form, you will need to provide basic information about. It’s not an option but a requirement for most programs. The problem is I’ve made basically no money the past 2-3 years but this year my income is significantly higher. Discover definitely needs to be called out on this. Received 4506-C email request. OMB Number 1545-1872. It must be filled by the taxpayer and sent to the IRS. . I experienced this just yesterday. For more information about Form 4506-C. Re: Discover 4506-C Secured Request ~ Declined. On Oct. @NRB525 not sure if you missed this, but apparently EQ is handling the 4506-t for discover for whatever reason. When tax return transcripts must be requested from the IRS Fannie Mae’s requirements for obtaining a signed Form 4506-C from the borrower at or before closing, and submitting the signed Form 4506-C to the IRS to obtain tax return transcripts in post-closing QC, have some exceptions. Press the arrow with the inscription Next to move from field to field. an IRS matterIf you're self-employed or a freelancer, you may need to submit a recent tax return or other forms like a W-2 or 1099. General Instructions Caution: Do not sign this form unless all applicable lines have been completed. I applied for the Citi Premier when they had the 60K TYP offer going. 1,527 sq ft. IVES Request for Transcript of Tax Return. Message 29 of 39 0. Maybe I should ask for a CLI now 😁wrote: wrote: wrote: I know right? I would have liked that request to pop up during the application process. For more information about Form 4506-C. Bring the following documents to the notary: °Government issued. So was recently approved for a Discover It and today discover is asking for the last 2 years of my taxes. Fannie Mae customers! Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. The article explains why Am. Our representatives are available Monday through Friday, from 8:00AM-9:00PM Eastern Time, and Saturday 8:00AM-4. Re: Barclays 4506T Request. Morning, 13th statement closed a couple days ago. Automated methods for obtaining tax transcripts being unavailable. But, then I realized, I wouldn't receive my most current statement. The taxpayer must sign and date the 4506-C. If they don’t, still got your answer 😀. 1, the Internal Revenue Service implemented an automated process for accepting 4506-C transcript request forms. credit card nightmares american express income taxes IRS tax returns credit cards. However now I cannot activate my card until I sign this 4506-C "IVES Request for Transcript of Tax Return" document and supply Discover with 3 months of bank statements. We would like to show you a description here but the site won’t allow us. What should she do? - 4668412 - 4Form Number: Form 4506-T and 4506-C. . 5. (At least as far as I have read around here. The IRS IVES Request for Transcript of Tax Return (IRS Form 4506-C) gives the lender permission from the borrower to obtain tax transcripts from the IRS. There is no fee for transcripts. 19% ulization all cards combine. Some lenders may submit the Form 4506-C to the IRS to document borrower income, but the intent ofDear Customer, 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. Major changes to the form include: Reminder: Participants must be authorized to submit electronic signatures. The December Selling Guide update will. Line 3: Enter your current address. The IRS IVES Request for Transcript of Tax Return (IRS Form 4506-C) gives the lender permission from the borrower to obtain tax transcripts from the IRS. Tax return (2020) not indicative of current income (2021) Hey everyone! I recently applied for Amex platinum card and they have put my application under review pending my 4506T form so they can see my income. Have had them for 10+ years. Yesterday i get an email from equifax verification services stating that DFS is requesting a FORM 4506-T to verify the income i out. Reputation: Discover has a great reputation as one of the largest lending institutions in the country. 11-2021 Page Section references are to the Internal Revenue Code unless otherwise noted. Since Equifax is processing these request and Equifax owns "The Work Number" it is more than likely Discover is pulling your Work Number file and whatever you put down on the app is not. 3% less than its original list price of 1150000. He apped for a Chase Card and Discover and was approved. I don't understand how Discover could even come up with conclusive POI after a 4506-T given their language on income. You won’t need to provide all the documents listed here — your home preservation specialist. 900 James Loop, Killeen, TX 76542. g. Request may be rejected if the form is incomplete or illegible. So I'm curious has Discovery ever request anybody elese's tax documents. 4506-C Again. I applied for a Discover card last week and was accepted. Request may be rejected if the form is incomplete or illegible. I am self-employed and am waiting on a K1 from an investment and therefore have my personal taxes ready to go but can't click submit yet. You should receive a separate communication from Discover. 3) Income matters, always. Discover has immediately gone from a company that I advocated for, valued and enjoyed being a customer of to a company that I despise and will never do business. You usually can instead get your hands on a tax. Message 12 of 16. Fannie Mae requires lenders to have each borrower whose income (regardless of income source) is used to qualify for the loan to complete and sign a separate IRS Form 4506-C at or before closing. You can also designate (on line 5) a third party to receive the tax return. Well I just got the dreaded request from Discover to let Equifax pull my taxes to see if my income matches up. They define households as people who share expenses and live together, and who are on the same lease. Goodbye Discover. Add the date. Why is discover asking for 4506-c? It allows the financial institution or credit issuer to look into your IRS tax returns. I think i'll give them a year or two before requesting anything else from them depending on the outcome of this. 10-2022) Form . , ~Haven't falsified income but if I submit to this request it needs. I'd been asking for CLIs for several months, probably over a year and always denied. 4506-C or 8821 for 7(a) and 504 Loans CONTROL NO. . January 18, 2022 -- NCS have deployed the new IRS requirements. American Express and Discover are the two main credit issuers who routinely request Form 4506-T to verify your. The thing that really doesn't make sense is all these 4506_T requests on SECURED cards! There's also a bewildering randomness to these requests as well. We are pleased to announce that the Form 4506-C is published and currently available online. When I open it, it's really a form 4506-T, which is normally a tax transcript from IRS for income verification. No paper. Started at $200, increased to $1500. Discover is demanding IRS Consent Form 4506-C. Received an email from Disco asking me to sign consent for IRS 4506-C form. The IRS warns that it can take up to 75 calendar days to process your request. I applied for the Discover card, and before I even could activate it, I received a verification email asking for IRS form 4506c and my last three bank. Partnerships. A 4506-C is used through an authorized third party participant in the IRS Income Verification Express Service (IVES). Note: If you are unsure of which type of transcript you. Lots of threads here of recent about it. Use Form 4506-A to request under section 6104: A copy of an exempt or political organization's return, report, notice, or exemption application, or An inspection of a return, report, notice, or exemption application at an IRS office. SBA Procedural Notice 5000-829416, “Revisions to SOP 50 10 . IVES Request for Transcript of Tax Return. 10-2022): fill, sign, print and send online instantly. I'm going to just let it ride and see what happens. . Discover It asking for 4506-C : r/CreditCards View community ranking In the Top 1% of largest communities on Reddit Discover It asking for 4506-C So was recently approved. Previously, IRS Form 4506-T was used for this purpose; however, effective May 1, 2021, only Form 4506-C will be accepted through IVES to provide tax transcripts to third parties. 5(c) Information about a spouse or former spouse — (1) General rule. When I open it, it's really a form 4506-T, which is - 6239454 - 3. Future Developments For the latest What Lenders Need to Know About the New IRS 4506-C Form Process. Even though income is verified through various third party documents, tax transcripts will still be ordered. Express and Discover do it and how you may trigger them to do this. The IRS IVES Request for Transcript of Tax Return (IRS Form 4506-C) gives the lender permission from the borrower to obtain tax transcripts from the IRS. Discover asking me for 4506-C form Greetings everyone! I'm 18 and I have a credit card with Discover. December 14, 2021. I don't understand why Discover is asking for 4506-T's on secured credit cards. This form will be a request for a tax return transcript. The strange thing is that I've had the Disco card for over 3 years and have not provided any income to them since the day I opened the account, nor have I. Generally, Form 4506 can be signed by any person who was a member of the partnership during any part of the tax period requested on line 7. I would call them as say to them what you are telling us. You will be prompted to enter an Access Code. If you want a better idea of what personal loans you may qualify for with your income, you can use WalletHub's free pre-qualification tool. Fast, electronic processing of Form 4506-C. You can check your Discover card application status online or over the phone: (800) 347-3085. SOLD JUN 1, 2023. Do not sign this form unless all applicable lines have been completed. 10-20-2021 09:56 PM. It allows the financial institution or credit issuer to look into your IRS tax returns. Thank you very much. As u/soosyq notes, the main purpose of the 4506-C isn't to verify your identity, but rather to verify your income based on your federal tax records. This is a request to verify your income. Probably not worth the hassle of seeing if Discover will accept a foreign notarization!) 5. I called and told them I got a significant raise this year and it wouldn't match my income from my returns. Re: DISCOVER Form 4506-T/4506-C. gov – Get a Transcript. Typically though they will only accept IRS tax transcripts. Greetings everyone! I'm 18 and I have a credit card with Discover. I probably could of had them return my deposit and be done with them. I provided it as I had filed taxes for 2019 and that was what they needed to verify the account. They finally gave me a rather large increase from $21. Partnerships. Discover definitely needs to be called out on this. My Experian Fico 8 is 590. 4506-C . Once signed, you are giving them permission to retrieve copies of your tax returns. After mailing the form, it can take up to 75 days to get a copy of your return – and it costs you $50 per return. I was pretty happy because I'd been shut down for so long. Discover It (Recently Unsecured) $1,800 Limit ($200 originally) The Discover card was opened in September of last year. IMHO, call the AMEX backdoor number, can be found on myFICO forums/ DoC. A transcript displays your tax information specific to the type of tax transcript you request. coolnachoswguac. 1.