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If you get any sort of self employment income or 1099 income, then they will want 2 years of taxes. If you are a regular W2 employee, then I think normally they just ask for 2 months of W2s and 1 year of taxes.
IME you will be asked to provide a full months pay check stubs and the most recent W-2. Since you are not self employed or commissioned there should be no request for your 1040 tax returns. Some lenders may ask for the last 2 years W-2 forms.
Both my wife and I are W-2 employed...and all three lenders we looked into still wanted the last two years of tax returns. They ask for tax returns to see what expenses and deductions you claim...they're looking to make sure you actually DID file tax returns, if you owed taxes did you pay them, etc. It's not just an income verification step.
I would guess, based on what i've seen and heard, most lenders will want your tax returns regardless of your employment status.
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In my experience, at the beginning of the process for a new build. When we applied for a new build, we thought our income using 2010 and 2011 wouldn't be good enough to meet their DTI and it was basically at the point that the builder was going to just put things "on hold" until our 2012 taxes were ready. Our DTI ended up being ok and they moved forward but they did need everything up front otherwise they were willing to wait until we had everything we needed but also wouldnt start building.