Get Self-employment Verification (existing Business) - Utah Housing ... - Utahhousingcorp

Completing the Self-Employment Verification form is an essential step for individuals seeking verification of their existing business status. This guide will provide you with detailed instructions on how to accurately fill out the form online, ensuring all necessary information is correctly submitted.

Follow the steps to efficiently fill out the Self-Employment Verification form.

1. Press the ‘Get Form’ button to access the document and open it in your preferred online editor.
2. Enter your personal details in the Applicant’s Name, Social Security Number, Address, City, State, and Zip Code fields. Ensure that the information is accurate and matches your official documents.
3. In the Name of Business field, input the official name of your business. Specify the Type of Business to categorize your operations accurately.
4. Input the Date Business Opened. This reflects when your business commenced operations.
5. Fill in the statement of income period by entering the Start Date and End Date of the income documentation you are providing.
6. Under Gross Income, provide your total earnings before any expenses are deducted.
7. List the detailed expenses, which include items such as Interest on Loans, Cost of Goods/Materials, Business Rent, Utilities, Wages and Salaries, Employee Withholding Tax, Federal Withholding Tax, State Withholding Tax, FICA, Sales Tax, and other relevant expenses. Itemize any additional expenses on the reverse of the form.
8. Calculate the Total Expense by adding all listed expenses and enter this figure.
9. Determine your Net Income by subtracting Total Expenses from Gross Income and input the final amount.
10. Based on the calculated figures, indicate the expected earnings for the upcoming 12 months and include the relevant dates.
11. Attach copies of your Federal Individual Income Tax return, including Schedule C, as required for substantiation.
12. Review the certification statement regarding the accuracy of the information provided. Sign and print your name, enter your title and address, and indicate the date and telephone number.
13. Once all sections are completed, you may save the changes, download the form, print it, or share it as needed.

Complete your Self-Employment Verification online today to ensure you meet all necessary requirements for business verification.