Resources > Glossary > Form 8821 Tax Information Authorization

Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Form 8821 Tax Information Authorization

Function: noun

Lenders use tax reports to verify the financial soundness of the loan applicant.

Definition 1:
This document authorizes the lender to contact the Internal Revenue Service for many years of tax reports on the behalf of the borrower.