Quick Take: What Is a Tax Transcript and Why Do You Need One? In short, a tax transcript shows basic data and line items such as adjusted gross income, AGI, or other taxable income, as well as FICA ...
You'd like to buckle down and do your income taxes. Really, you would. But you're missing one key form: last year's federal income tax return. But wait? It will cost you $30 to get an actual copy?
You likely keep a copy of your tax return in a file for safekeeping. But if you don’t, or if your saved tax information cannot be accessed, you can request a copy of your tax records from the IRS.
It's tax time, you're digging through your records... and your preparer or tax software asks about tax payments you've already made. Um, was I supposed to track those? Lots of small business owners ...