Taxpayers who need certain prior year tax return information can obtain it from the IRS (such as for loan applications, to estimate tax withholding, for legal reasons or because records were destroyed in a natural disaster or fire). Here are 10 things to know if you need federal tax return information from a previously filed tax return.
- You have three options for obtaining free copies of your federal tax return information – on the web, by phone, or by mail.
- The IRS does not charge a fee for transcripts which are presently available for the current tax year as well as the past three tax years.
- A tax return transcript shows most line items from your tax return as it was originally filed, including any accompanying forms and schedules. It does not reflect any changes made after the return was filed.
- A tax account transcript shows any later adjustments either by you or the IRS made after the tax return was filed. This transcript shows basic data – including marital status, type of return filed, adjusted gross income and taxable income.
- To request either transcript: online, go to http://www.irs.gov, look for the new online tool called Order A Transcript; by phone at 800-908-9946, follow the prompts.
- To request a 1040, 1040A or 1040EZ tax return transcript through the mail, complete IRS Form 4506T-EZ, Short Form Request for Individual Tax Return Transcript. Businesses, partnerships and individuals who need transcript information from other forms or need a tax account transcript must use the Form 4506T, Request for Transcript of Tax Return.
- If you order online or by phone, you should receive your tax return transcript within 10 days from the time the IRS receives your request. Allow 30 calendar days for delivery of a tax account transcript if you order by mail using Form 4506T or Form 4506T-EZ.
- If you still need an actual copy of a previously processed tax return, it will cost $57 for each tax year that you order. Complete Form 4506, Request for Copy of Tax Return, and mail it to the IRS address listed on the form for your area. Copies are generally available for the current year as well as the past six years. Allow 60 days for actual copies of your return.
- The fee for copies of tax returns may be waived if you are in an area that is declared a federal disaster by the President. Visit www.irs.gov, keyword “disaster,” for more guidance on disaster relief.
- Visit http://www.irs.gov to determine which form will meet your needs. Forms 4506, 4506T and 4506T-EZ can be found at http://www.irs.gov or by calling the IRS forms and publications order line at 800-TAX-FORM (800-829-3676).