Case Study: My Experience With

Methods of Showing Proof of Income When There is No Paper Trail

Proof of income here is required at different times in a person’s life. Instances, where a person is looking to rent a house, is an example of such a situation. Whether the house is for residential or commercial reasons, proof of income may be mandatory to present. The owner of the house requires proof of income to ensure that the person to whom he or she wants to rent the house to is able o pay rent. Instances present themselves where a person does not have proof of income. Why this is the case is because there is no paper trail. The reason why a paper trail may be absent is that one may not have a steady paycheck. A paper trail is not created when one does odd jobs and receives different payments. It is because of this that there has come up ways for a person to show proof of income without a paper trail. More information can be accessed here!

Bank statements can be presented as a way to show proof of income without a paper trail. The activity of one’s bank account will show his or her incomes and withdrawals. Bank statements will show clearly any, money that will come in and the date it does as well as the date when the money will leave the account. As long as the deposits made in the account are regular, the bank statement will be a good proof of income. Proof of income will be seen by any person that looks at the bank statement.

Proof of income without a trail can also be done by one presenting a letter from his or her employee. The importance of the employer will be seen in such cases. The employer will easily attest to the fact that a person is in his or her employ and that he or she is paying the person regularly. The person that requires proof of income will see a letter from the employer as a good place to start. Presentation of paychecks by a person could also be a way of proof of income. For the effectiveness of this, one should document his or her paychecks.

Proof of income without a paper trail can also be shown by one showing his or her tax returns. Shown in the tax forms is the amount that a person earned and the tax that is expected from him or her. A person needs to keep such forms. Looking at these tax forms by the person that requires proof of income will enable him or her to get all the information he or she requires.