What certificate to confirm income if you take a loan
Miscellaneous / / May 23, 2023
This is determined by who and on what basis you receive money.
In order to get a loan from a bank, especially for a large amount, or to qualify for a better interest rate on it, you often need to verify your income. But if you have never done this before, it can be difficult to understand what documents to bring to a financial institution. There are options here.
Certificate of income and tax amounts of an individual
Previously, it was called a 2-personal income tax certificate, but since 2021 the form has changed. You can see what she looks like in order of the tax. The essence remains the same, the document indicates:
- data about you and about the organization that pays you money;
- how much money you were paid for the selected period and how much you deducted personal income taxes from them;
- have you received any tax deductions.
In general, a certificate on this form for the previous year can now be provided to tax website. But for credit purposes, this option is not suitable, since the bank wants to see the latest data - usually also for the year. For example, you apply for a loan in April. On the website of the Federal Tax Service
available information about your income from January to December of the last year. And you need information covering the period from April of the previous year to March of this year.So for help you need to contact the accounting department of the organization that pays you money. If there are several companies, you need to request papers in each. And it works with all tax agents who deduct for you personal income tax, it does not matter whether you have an employment contract or a civil law contract.
Then you just have to collect the papers and send them to the bank.
Help in the form of a bank
To get it, you must first download the document on the institution's website and fill it out. It usually also needs to indicate how much money has been accrued in the last 12 months and how much of it has been paid in taxes. For the certificate to become valid, it must be signed by the head of your company or chief accountant and stamped.
A logical question may arise: why do we need a document in the form of a bank if it duplicates the previous certificate in terms of filling? This may be useful for people with gray salary, an understanding employer and a bank that is loyal to such schemes: here the accountant can enter the amounts as they are, and not as they go through the papers. The only problem is that for a company to fill out such certificates means to confess to non-payment of taxesso not everyone is ready to go for it.
Self-employed income statement
A self-employed person is not assigned to the accounting department, but it does not follow from this that he will be left without a certificate. For the self-employed, there is a special document that they can generate in the My Tax application. And to do this is quite simple. But there is also a minus: the bank may not be satisfied with this option.
Step-by-step instructions with pictures on how to get help are in separate material.
Certificate of income of an individual entrepreneur
For individual entrepreneurs, the set of documents depends on tax regime:
- General taxation regime: for the previous year - a copy of the 3‑NDFL declaration with a certified tax notice that the Federal Tax Service accepted the document; for recent months - the book of accounting for income and expenses (KUDiR).
- Simplified and unified agricultural tax: a copy of the declaration on the simplified tax system with notification and KUDiR.
- Patent: income book.
- Automated simplified taxation system: income statement, which can be obtained from personal account on the tax website.
- Professional income tax: certificate generated in the My Tax application.
Before collecting documents, check the information with the bank. Maybe they will be satisfied with something simpler, such as an account statement that will reflect the movement of funds.
Other information
A person's income is not necessarily and not only a salary. These can be scholarships, pensions, social payments, and so on. Such certificates must be taken from the institution that actually pays you money: about scholarships - at the university, about social benefits - from the social security organization, about pensions - from the pension fund.
You can also attach, for example, a real estate lease agreement if you receive income from this. But it is better to find out in advance whether the bank has requirements for such securities. So, some accept contracts that, at the time of presentation, are valid for at least 12 months. And if we are not talking about commercial real estate, such contracts are rarely concluded, since a document with a validity period of one year must be registered with Rosreestr.
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