Tax transcripts

[Nich-Nick 3,353]

Just curious, how long does it normally take to receive this? Would it hurt to order prior to NOA2 if the NOA2 is expected before next year's taxes?

They won't expire or change (unless you later file an amended return), so you can order at any time. Good plan.

[Tracey&Greg 33]

Sorry to add on to this topic but is there any way I could use my tax return from Turbo Tax? (yes yes which page should I print out?)

For some odd reason I keep trying to go through the IRS automated system and it said it can't complete the request for my tax return form.. Just trying to find alternative solutions

Thanks Guys!

[Lynkali 163]

Tracey & Greg -- first off, I'd try a different browser to make sure it's not a browser error you're getting on the IRS site. I think the tax transcripts really are the preferred method, so it's puzzling you wouldn't be able to get them. Mine and my parents (co-sponsoring) went through easily, each was received within 6 days of ordering.

However, I believe you can include the FULL TAX RETURN from TurboTax (the federal form, such as the complete 1099 or whatever form you filed), not the state/local one though. It will be several pages long.

It's still better to get the tax transcript however, but a full complete 1099 plus any additional worksheets is supposed to be acceptable.

[Nich-Nick 3,353]

Sorry to add on to this topic but is there any way I could use my tax return from Turbo Tax? (yes yes which page should I print out?)

For some odd reason I keep trying to go through the IRS automated system and it said it can't complete the request for my tax return form.. Just trying to find alternative solutions

Thanks Guys!

Yes you can use a complete tax return printed off TurboTax. To be complete, it must be the tax return forms and schedules, AND the W2 statement from the employer stating the total income for that tax year. Or the income may be shown on a form 1099 if it is not from an employer. Examples of people who get 1099s are contractors, pensioners, social security recipients to name a few common ones. A copy of the tax return without the wage statement is not complete. Reason? I could go fill out tax forms right now, make up a big salary, and sign it. The wage statement is needed to backsup the income you report on the return.

In the print function of TurboTax choose "only forms required for filing". Otherwise you will get masses of paper depending on the return. The pages to include will be called Form xxxx or Schedule xx. If it says at the top "Summary" or "Worksheet" or "thank you for choosing TurboTax" then it's extra rubbish not needed. My return has Form 1040, Schedule B, C, D, SE, and maybe others. A simple return might have only form 1040 or 1040A. The schedules come in if you earn interest or dividends, itemize deductions, are self-employed, farm, have rental property, sell things like stock, etc. Everybody's will be different.

The beauty of a tax transcript is that you don't have to send forms, schedules, W2 wage statements, etc. it's all summarized and verified by the IRS in a tidy few pages.

You can also call 1-800-908-9946 the transcript line to order over the automated phone system. If you no longer live at the address that was on the tax return, I don't believe the automated systems will work. They only send those out to the address as written on the return. You would have to fill out the Form 4506T and mail or fax it in http://www.irs.gov/pub/irs-pdf/f4506t.pdf

[Tracey&Greg 33]

ah fantastic information..thank you so much for all the info!

Yes you can use a complete tax return printed off TurboTax. To be complete, it must be the tax return forms and schedules, AND the W2 statement from the employer stating the total income for that tax year. Or the income may be shown on a form 1099 if it is not from an employer. Examples of people who get 1099s are contractors, pensioners, social security recipients to name a few common ones. A copy of the tax return without the wage statement is not complete. Reason? I could go fill out tax forms right now, make up a big salary, and sign it. The wage statement is needed to backsup the income you report on the return.

In the print function of TurboTax choose "only forms required for filing". Otherwise you will get masses of paper depending on the return. The pages to include will be called Form xxxx or Schedule xx. If it says at the top "Summary" or "Worksheet" or "thank you for choosing TurboTax" then it's extra rubbish not needed. My return has Form 1040, Schedule B, C, D, SE, and maybe others. A simple return might have only form 1040 or 1040A. The schedules come in if you earn interest or dividends, itemize deductions, are self-employed, farm, have rental property, sell things like stock, etc. Everybody's will be different.

The beauty of a tax transcript is that you don't have to send forms, schedules, W2 wage statements, etc. it's all summarized and verified by the IRS in a tidy few pages.

You can also call 1-800-908-9946 the transcript line to order over the automated phone system. If you no longer live at the address that was on the tax return, I don't believe the automated systems will work. They only send those out to the address as written on the return. You would have to fill out the Form 4506T and mail or fax it in http://www.irs.gov/pub/irs-pdf/f4506t.pdf

[IntoTheLight 5]

Awesome, thanks for the replies! I'll get my fiance to do this soon and get it out of the way.