![]() It does not immediately reflect any changes you, your representative or the IRS made (amended) after the return was filed (e.g amendments) nor does it include any attachments (like W-2’s) that were submitted with your tax return. Or said another way, it is a reflection of the official tax related information the IRS has on you.Ī tax return transcript shows most line items from your tax return (Form 1040, 1040A or 1040EZ) as it was originally filed, including any accompanying forms and schedules. Your tax transcript is essentially your financial and transaction record with the IRS. Firstly though it is important to understand what a tax transcript actually is and what is contains. There are however a few things I learnt which can make the whole process a bit smoother. ![]() Not only can you pull your tax transcript for income verification purposes like I had to, but its a great source for getting refund processing information and to see what adjustments the IRS has made to your return for the current tax year. However it was actually a very simple and free process via your IRS account, that all tax payers can take advantage of. I had thought that this would be a hassle given that the requesting parties wanted an official transcript (not a H&R Block or Turbo tax copy). ![]() I recently had to request a copy of my tax return when closing on my home per a lender requirement.
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