Dear IVES Participants,

On January 2, 2024, the Income Verification Express Services (IVES) program announced a policy update regarding the use of IVES transcripts for mortgage only purposes. In that communication it was stated that all IVES participants must re-apply to the IVES program by May 1, 2024, and declare their sole purpose for using the IVES program is to secure third party tax data needed for a mortgage on residential or commercial real property (real estate). Subsequently, on March 6, 2024, a communication was sent stating this policy decision was being suspended while the impact of these changes are reevaluated.

To support ongoing annual suitability reviews, the requirement for all IVES participants to re-apply to the IVES program remains in effect with the May 1, 2024, deadline.

To remain active, IVES participants must submit an updated Form 13803, Application to Participate in the Income Verification Express Service (IVES) Program, with current business and contact information, and fax the renewal application to 844-251-8254.

When a policy decision is finalized and implemented, the updated Form 13803 and the stated reason(s) for using the IVES program selected on the form will help the IRS determine an IVES participant’s continued eligibility. Failure to provide an updated Form 13803 by May 1, 2024, may result in removal from the IVES program.

 

Thank you,

IRS IVES Team