Can I use bank statements or tax returns as proof of income?

[Isabella951623]

Can I use bank statements or tax returns as proof of income?

[Grayson1303]

Yes, bank statements and tax returns can be used as proof of income. Bank statements typically show regular deposits from employment or other sources of income, providing evidence of your financial stability. Tax returns, especially the income tax return, provide a comprehensive overview of your income sources and earnings for a specific period. Both documents can be submitted as proof of income when required by lenders, landlords, or other entities. However, it's always a good idea to check the specific requirements of the organization or individual requesting proof of income, as they may have their own preferred documentation



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[Annlopez]

Yes, bank statements and tax returns are commonly accepted as proof of income.