Will Blend automatically switch over from requesting the previous year's W2s to the current year's W2s?
Or do we need to do something to effect this change? I noticed on the follow ups that they include references to specific years.
Blend uses February 1st as the cutoff date to determine which two years of W-2s are requested. Until then, 2020 and 2021 will be the 2 years that will be requested for W-2 follow ups.
However, you can manually request W-2s for 2022 by sending a new W-2 Follow-up and selecting the desired years.
While on this topic, it's worth mentioning the logic for Personal Tax Returns and Tax Transcripts.
Personal Tax Returns
Blend uses April 15 as the cutoff date to determine which two years' tax returns are requested. Refer to the Personal Tax Return Trigger Logic to learn more.
For Tax Transcripts, the Follow-Ups tab on the lender side will indicate the years 2020 and 2021. However, when the borrower starts the follow-up, they'll be asked if they have filed their tax returns for 2022 and will update to reflect the last two years on the next screen. See the screenshots below.
If you want to learn more about Blend's logic conditions for follow ups, refer to Blend Intelligence Overview.
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