Is is legal to redo past tax returns in order to qualify for a loan?Hi, question for this group as I am feeling a little suspect here..I am a professional RPG tournament player with earnings in the past few years of well over 100k but deduct all of my travel expenses, etc so I am barely clearing 30k/year after deductions. I am in the process of attempting to purchase a home and my current mortgage guy is suggesting that I go back and redo my taxes for 2006 and 2007 without the deductions so I can use these to qualify for the loan I will need to purchase the home. Is this a legitimate way of qualfying for a home?February 05 2009 - San Diego00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.