Hey MF'ers, had a question about POI and applying for credit union products.
Would a transcript from my previous years 1099-misc be sufficient enough ?
I get paid cash/weekly ( CA Licensed ) File a 1099-misc, and also own a small Auto repair business, that is only breaking even at this point, may be filing a loss this year.
Credit is something I havent dabbled in since my late teens / early twenties, where I was deep in collections. Fast foward 10'ish years, and I have 3 collections reporting only, that I am disputing / about to try and PFD. These last 3 are an accumulative of only about $500. So I will be taking care of those this year.
But when I am asked for POI, what all exactly do I need to submit?
Or do I need to start depositing into a bank account ?
I get paid cash from my 9-5 ( i dont deposit it ) I have heavy traffic through my personal bank accounts for sales relating to my business. But my business bank account has withdrawls equaling my deposits.
Please help!