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The IRS gave me the option of ordering the tax account transcript. What is that?
The IRS gave me the option of ordering the tax account transcript. What is that?
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The tax account transcript is also a free document tax filers request from the IRS. Unlike the tax return transcript, the tax account transcript provides only basic data from your tax return form including: the marital status, the type of return filed (1040, 1040A, or 1040EZ), the adjusted gross income, and the taxable income. The tax account transcript also includes any adjustments made by the tax filer or the tax preparer.
The UMBC Office of Financial Aid and Scholarships will not accept the tax account transcript for verification purposes. Students and parents should submit the tax return transcript.