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 ...

With two decades of experience as a respected journalist and communications leader in the mortgage field, Deborah Kearns is passionate about helping consumers make smart homeownership and personal ...

An IRS cycle code is an 8-digit code on your IRS tax transcript that indicates the day your return was posted to the IRS Master File. Understanding this number can help you determine when your tax ...

You should always keep copies of your tax returns for at least three years. But if you accidentally toss out some of that paperwork too soon, don’t stress; you can request a tax transcript from the ...