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Amex requesting Form 4506-T, Request for Transcript of Tax Return

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Established Member

Amex requesting Form 4506-T, Request for Transcript of Tax Return

 

Hi guys,

 

Applied for Amex Blue Cash Everyday card and they asking for form 4560-T. I haven't filed taxes for last 3 years since I was traveling. Should I still send the form or should I cancel the application and apply after 90 days. 

 

 

Message 1 of 13
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Super Contributor

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return

If they're asking for it now they'll be asking for it if you reapply in 90 days.

 

AMEX normally does not take AA against existing accounts if you do not give approval to a 4506-T request but they also normally do not forget the request.  Without your approval you are extremely unlikely to get CLIs or new tradelines with them now or moving forward.

(5/2020)
FICO 8 (EX) 782 (TU) 782 (EQ) 793


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Message 2 of 13
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Community Leader
Senior Contributor

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return

You can't give them something you don't have.  But like it was mentioned above, 90 days from now isn't going to change the fact that they want the requested info.  I wish I had some better news for you OP but that's just how it seems to work with them. 

Message 3 of 13
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Community Leader
Super Contributor

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return


@coldfusion wrote:

If they're asking for it now they'll be asking for it if you reapply in 90 days.

 

AMEX normally does not take AA against existing accounts if you do not give approval to a 4506-T request but they also normally do not forget the request.  Without your approval you are extremely unlikely to get CLIs or new tradelines with them now or moving forward.


+100



DEC 2019: EX 816, TU 820, EQ 810
DEC 2018: EX 777, TU 783, EQ 799

|| NFCU CashRewards $30K || AmX Cash Magnet $30K || Discover IT $24.7K || Macy's $20K || NFCU CLOC $15K || NFCU Platinum $12.5K || AmX ED $11.5K || CitiCostco $7K || CitiDC $6.3K ||
Message 4 of 13
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Community Leader
Super Contributor

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return


@damindaw2002 wrote:

 

Hi guys,

 

Applied for Amex Blue Cash Everyday card and they asking for form 4560-T. I haven't filed taxes for last 3 years since I was traveling. Should I still send the form or should I cancel the application and apply after 90 days. 

 

 


Once the form is not provided, I think the application is automatically canceled.

 

I wonder why they asked for it. How many AmX cards do you have? Are they high limits? 



DEC 2019: EX 816, TU 820, EQ 810
DEC 2018: EX 777, TU 783, EQ 799

|| NFCU CashRewards $30K || AmX Cash Magnet $30K || Discover IT $24.7K || Macy's $20K || NFCU CLOC $15K || NFCU Platinum $12.5K || AmX ED $11.5K || CitiCostco $7K || CitiDC $6.3K ||
Message 5 of 13
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Established Member

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return

I dont have any AMEX cards 

Message 6 of 13
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Community Leader
Mega Contributor

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return

Did you apply while overseas?
Message 7 of 13
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Moderator

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return

So you havent had income in three years?  Retired?  Rental income, anything?  They need to know you have the ability to repay and other systems they have access to probably queued them off of the amount of income you put in didn't match what they might have reasonable access to and that is probaby why they are asing for POI/4506-t

Message 8 of 13
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Regular Contributor

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return

You might try countering with 2 months bank statements and pay stubs.
| Amex BCP | BoA Cash Rewards | Cap1 QS | Cap1 SavorOne | Chase Freedom | Chase Sapphire Preferred | Citi DC | Citi Simplicity | Discover It Cash Back | JCrew | USB Cash+ | Target (AU) |
Message 9 of 13
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Frequent Contributor

Re: Amex requesting Form 4506-T, Request for Transcript of Tax Return

Call them and explain that, I think they'll accept a bank statement that shows income and/or savings.
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