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?

Learn which situations may require an IRS tax transcript, along with how to request your tax transcript, and how to interpret it. Do you need information from a tax return you filed three years ago ...

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 ...

There are many reasons why you should keep a copy of your federal tax return. For example, you may need it to answer an IRS inquiry. You may also need it to apply for a student loan or a home mortgage ...