What is one of the common items verified through a 4506T form?

The 4506T form is specifically designed for the purpose of allowing lenders to request a transcript of an individual's federal tax returns directly from the IRS. When a borrower submits this form, it enables lenders to verify the income stated by the borrower on their loan application against the actual income reported to the IRS. This verification is crucial in assessing the borrower's financial stability and ability to repay the loan.

Income tax returns provide essential insights into a borrower's earnings over previous tax periods, thus serving as a reliable measure of their financial situation. This information helps lenders minimize the risk of fraud and ensures that they base their lending decisions on accurate information.

While the other options relate to aspects of a borrower's financial profile, they are not directly verified through a 4506T form. For example, bank account status and credit scores are evaluated through different channels and tools, while the debt-to-income ratio is calculated using information from various documents a borrower provides, rather than from the IRS.