Wage and Income Transcript
El Cid Bookkeeping, Inc. can get your transcript in less than 10 days. There is $45 fee with the coupon code. The fee includes up to 1-3 prior years of your transcripts, filling out Form 2848, sending it to you to sign, having you send it back to El Cid, so we can fax it to IRS. We will have transcript(s) in less than 10 days. El Cid will then email you your transcript(s). To begin, getting your transcript(s), go to https://elcidbookkeeping.com/pricing/ to purchase getting your transcript(s).
For Free 4506, you’ll need to complete IRS Form 4506 and mail it to the IRS. There’s a $50 fee for that (unless you live in a federally declared disaster area), and it can take up to 75 days to process.
An IRS transcript is a summary or overview of your tax return information. IRS tax transcripts are not photocopies of your actual tax return with all the forms and attachments. There are five types, and they include most line items from your tax return, such as your adjusted gross income (AGI), as well as information about your filing status, payments and return type.
Transcripts display only partial personal information, such as concealing all but the last four digits of your Social Security number. But financial and tax information, such as wages and taxable income, is fully visible.
Wage and Income Transcript
- Wage and Income Transcript – shows data from information returns we receive such as Forms W-2, 1099, 1098 and Form 5498, IRA Contribution Information. Current tax year information may not be complete until July. This transcript is available for up to 10 prior years.
- Tax Return Transcript – shows most line items including your adjusted gross income (AGI) from your original tax return (Form 1040, 1040A or 1040EZ) as filed, along with any forms and schedules. It doesn’t show changes made after you filed your original return. This transcript is only available for the current tax year and returns processed during the prior 10 years. A tax return transcript usually meets the needs of lending institutions offering mortgages and student loans.
- Tax Account Transcript – shows basic data such as return type, marital status, adjusted gross income, taxable income and all payment types. It also shows changes made after you filed your original return. This transcript is available for the current tax year and up to 10 prior years.
Note: A transcript can show return and/or account data. It also can show changes or transactions made after you filed your original return.
Information about Form 2848, Power of Attorney and Declaration of Representative, including recent updates, related forms and instructions on how to file. Form 2848 is used to authorize an individual to represent another person before the IRS. The authorized individual must be eligible to practice before the IRS.