Verifying Income and Employment: How to Spot Fake Pay Stubs
In a digital world, financial documents are easy to alter. Learn how to verify an applicant's true income safely.
With online PDF editors, landlords are seeing an increase in fraudulent pay stubs. Verifying income accurately ensures your rent is paid reliably on the first of the month.
1. Cross-Reference the Document Data
Look for formatting consistency, mathematically correct tax withholding percentages, and matching employer information. Check if the year-to-date (YTD) earnings totals align perfectly with pay frequencies.
2. Request Alternate Verification
Do not rely solely on pay stubs. Request W-2 forms, 1099s, or consecutive bank statements showing regular direct deposits matching the stated amounts.
3. Independent Employer Contact
Never call the phone number listed on a pay stub. Look up the company independently on LinkedIn or Google, call the main HR office line, and verify employment status directly.