cancel
Showing results for 
Search instead for 
Did you mean: 

proof of income

tag
guy5079704
New Visitor

proof of income

I receive cash income and need to provide proof of income for renting an apartment. What alternative options can I explore to meet the landlord's requirement for bank statements?

Message 1 of 6
5 REPLIES 5
markbeiser
Established Contributor

Re: proof of income

Do you recieve a 1099, file income tax forms, etc.?


Current FICO8:
Message 2 of 6
coldfusion
Credit Mentor

Re: proof of income

If they won't accept copies of your bank statements showing regular deposits you can ask if they'd (also?) accept a copy of your 2022 1040 filing that you obtained via an IRS 4506-T request.    Even though at this point it's a year out it can reinforce a trend of generating income and people generally don't deliberately overstate income on their tax returns Smiley Wink

 

(10/2025)
FICO 8 (EX) 838 (TU) 846 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 3 of 6
pizzadude
Credit Mentor

Re: proof of income


@guy5079704 wrote:

I receive cash income and need to provide proof of income for renting an apartment. What alternative options can I explore to meet the landlord's requirement for bank statements?


Are you reporting your cash as income?  If so then you could probably use your most recent tax year 1040 or state tax form.   Or whoever is paying you in cash's 1099s that they give you.

 

 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 4 of 6
WarCulture
New Member

Re: proof of income


@guy5079704 wrote:

I receive cash income and need to provide proof of income for renting an apartment. What alternative options can I explore to meet the landlord's requirement for bank statements?


I recieve 90% of my income in cash. Usually they will ask for your bank statements and if you've been trying keep some cash, your deposits may not reflect your actual income. In this scenario, you can explain you keep some cash around and they may accept that with a deposit. However, in most cases if your bank deposits don't meet their requirements you may have to try somewhere else.

 

In my experience with cash, I started to keep my own spreadsheet to track my income, everything I made that day, not what was deposited into the bank. This has helped alot, as I've been able to print the summary page of this spreadsheet as proof of income. This may not always be the case, but I made a 100k+ credit purchase using this method.

 

In short, give them your bank statements and let them know you keep some cash, sometimes the truth will open doors. In the future, keep a record of your cash earnings

FICOs: EQ - 730 / TU - 735 / EX - 736
WALLET: CL 70K / UT 1%

"An investment in knowledge pays the best interest." - BF
Message 5 of 6
Shooting-For-800
Senior Contributor

Re: proof of income

Show tax returns.

Offer higher deposit.

Offer to pay more months in advance.

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!



Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.