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The IRS has partnered with ID.me to provide identity verification for IRS applications, such as tax transcripts. In this video, we’ll teach you how to create an ID.me account through the IRS website. Once registered, it will allow authorized organizations (like IVES participants) to request consumer-permissioned income tax records for streamlined access. In the loan origination process, for example, we are seeing significant turn time improvement over the traditional 4506-C form - from days to mere hours.
BEFORE YOU START:
To verify your identity with ID.me, you will need to provide a photo of an identity document such as a driver's license, State ID, or passport. You'll also need to take a selfie with a smartphone or a computer with a webcam. So, plan ahead!
Creating an ID.me account through the IRS website to grant registered organizations, like IVES particiapants, authorized access to your tax transcript is easy. Here's a detailed guide:
1. Visit the IRS Website: Go to the IRS.gov online account page.
2. Sign In or Create an Account For this example, we will create an account. SigIf you have an IRS account, select the option to sign in.
3. Enter Personal Information: You'll be prompted to enter your personal email address and create a strong password.
4. Account Setup: Follow the on-screen instructions to set up your ID.me account. This will include confirming the ownership of your email address and providing additional personal information for identity verification.
5. Identity Verification: Complete the identity verification process as required by ID.me. This may involve submitting documents or other forms of identification.