To Get Your Tax Transcript From the IRS, You Need to Know How to Do It Quickly and Easily.
Hundreds of thousands, if not millions, of people in the United States are currently preparing their taxes, but you may need a copy of your filed tax return from the IRS at some point, prompting you to seek a tax transcript.
This has the advantage of being useful when completing future tax returns, and you’ll need it if you need to fix something from a previous year’s tax return.
A tax transcript may be necessary when applying for a loan to buy a property or start a new business.
Transcript of A Tax Return
If you do not have a copy of your previously filed tax return, you can obtain a transcript from the Internal Revenue Service (IRS).
A tax transcript will show the bulk of the line items from when you originally filed your tax return, but it will not show any adjustments made by you or the IRS after you initially submitted your return, unless you request one.It is possible to obtain your free transcript immediately by visiting IRS.gov and selecting the Get Transcript option.
If you prefer to obtain your tax transcript in a different manner, you should expect to receive it within five to ten days after the IRS receives your request by phone, mail, or fax, depending on the method you choose.
If you require a copy of your tax return that has been submitted and processed, there is a $50 fee for each tax year.
Fill out Form 4506, Request for Copy of Tax Return, if you want a copy of your tax return sent to you.
What May Be Found on a Tax Transcript?
The following will be found on a tax transcript:
- The type of return you filed Your marital status
- Your gross revenue that has been adjusted
- Your taxable earnings