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Income Qualifying New Tenants

IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis) · 2026 edition · updated 2026-07-29 · United States

Observe how the taxpayer determines whether new tenants are income-qualified.

  • Does the potential tenant fill out applications? Did the taxpayer charge an application fee? Are all applicants charged a fee?

  • How does the taxpayer determine the income limits used to evaluate a potential tenant's income?

  • How does the taxpayer verify the information provided by the potential tenant? Acceptable methods include third party verifications, reviews of documents submitted by the tenant (such as check stubs), and tenant certifications made under penalties of perjury.

Randomly select and review a few tenant files on site. Do they reflect the income- verification process observed? Are the files organized?

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▸Contents — IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis)
IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis)

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