LoanBeam will accept 2025 tax documents beginning January 17^th, 2026.

Once LoanBeam starts supporting 2025 tax returns, we will stop supporting all calculations related to 2022 tax documents.

LoanBeam Tax Updates

• 2025-2024 versions of all templates have been added to all accounts.
• 2022-2021 versions of all templates have been removed from all accounts.
• The Depreciation rate for 2023 is set at 28 cents per the IRS. 
  • Both Form 2106 and Schedule C use the depreciation rate if Business Miles are used. All templates are affected by this change. 
  • Notice 2023-03 (irs.gov) will explain why we use the business standard mileage of 28 cents and not the standard mileage of 65.5 cents. 

LoanBeam Wage Updates

• Support for 2025 W-2
• Support for 2026 paystubs.

Adding 2025 Documents to Existing Applications

• As of 1/17/26 clients can add 2025 documents to an existing 2024/2024 application to have the app reprocessed with 2025 information
• IF the client already tried to upload 2025 documents PRIOR to roll forward on 1/17/26, they can either:
  • Upload the 2025 docs a 2nd time, Answering YES to the prompt that asks the client if they want to reupload the same file name  OR
  • The client can create a new application on the dashboard with the appropriate documents

Note: A detailed summary of ALL IRS tax form changes is attached.

internal reference RF24-68