If applicant is self-employed, then we will need the following: If a sole propriertor, then, Form 1040 pages 1 &2 plus schedule(s) C for the most recent year filled. if a corporation, A LLC, Partnership, Limited Partnership or any other separate entity on which self-employment income is being evaluated, then the entire return for the most recent year filled.None of the documents provided will be returned, so you may wish to send copies. If currently a student, please complete Student Information section
To benefit from this CTAC rent-limited unit, a single occupant may not have income for the past year in excess of $ 40,700.If your income was higher and has dropped, and you do not expect to have income above $ 40,780 for the next year, you will have to provide documentation for the past 14 weeks showing income $ 10,245 or less, based on 14 weeks of pay stubs. If two people will occupy the unit, your maximum income must be documented as less than $ 46,500/year
We require 14 weeks of most recent consecutive pay stubs. We cannot process your application unless we receive the above. If you get compensated weekly, then we will need a total of 14 pay stubs. If you get paid bi-weekly we will need a total of 7 pay stubs. If you are paid monthly, you will need to provide 4 pay stubs.