oboloo Glossary

Income Verification Letter For Self-Employed

oboloo Glossary

Income Verification Letter For Self-Employed

An income verification letter for self-employed individuals states the amount of annual or monthly income earned in the past year or two, as applicable. It is typically crafted by a professional accountant and signed by the business owner themselves. This document can be used to confirm and validate income to potential lenders, landlords, investors, and other interested parties. The letter is essential for ensuring that a self-employed individual can obtain the funding or services that they need.