Taxpayers have the right to request tax transcripts from the IRS. These may be needed if you do not have a copy of your tax return. You could need them for multiple reasons like:
- Applying for a mortgage or loan, to verify income and tax history.
- Applying for financial aid. Colleges may use transcripts to verify income.
- Renting a home. Landlords may request proof of income.
- Applying for government benefits. To confirm income or tax filing status.
- Responding to an IRS or state tax issue. To review what the IRS has on file.
- Verifying income for employment or other financial purposes.
- Immigration or legal matters, as support documentation of tax compliance/income.
- Personal record keeping.
There are several different kinds of tax transcripts available to taxpayers for free. Here is what is available to you.
There are multiple ways to get your tax transcripts: · Register to use Individual Online Account to view, print, or download all transcript types listed above. · Order a transcript by mail or call the automated phone transcript service at 800-908-9946. This typically takes between 5 to 10 calendar days for delivery. · Request any transcript listed above by submitting Form 4506-T, Request for Transcript of Tax Return.
*Please note that a transcript is not a photocopy of a taxpayer’s actual tax return. If a copy of the original return is needed, they can submit Form 4506, Request for Copy of Tax Return. Refer to the form for the processing time and fee.
