Self-Employed Borrower: Case Study Form 1084 Part II - Business Tax Returns

Friday Jan 24, 2020

Understand when Business Income can be used as Qualifying Income. Learn how Business Income from K-1's (1120S and 1065) flow onto the Personal Tax Returns. Learn how to use Fannie Mae's Cash Flow Analysis form.

Learning Objectives: Calculate income for Fannie Mae for Partnerships and S-Corporations, including K-1 income.

Recommended Prerequisites: Self-Employed Borrower: Case Study Form 1084 Part I - Personal Tax Returns

Recommended Audience: Mortgage Professional, Loan Officer, Loan Processor, Underwriter

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Date 01-24-2020

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