What is a tax return transcript?
A tax return transcript is a document issued by the Internal Revenue Service (IRS) that provides a summary of a person’s tax filings for a given tax year. It’s an official record that shows a summary of line items from the tax return, such as adjusted gross income, sources of income, and total taxes paid. In California, a tax return transcript is a record of the information a taxpayer reported on their tax return for a particular year. It is used for various purposes, such as verifying income for financial aid applications, or meeting other tax-related requirements set by the IRS. You can order a free transcript of your California tax return from the IRS by phone, mail, or online. It is important to note that a tax return transcript does not include any changes that may have been made to the original return after it was filed. The transcript will only reflect the information that was provided on the initial tax return.
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