Video transcript: Video transcript: Hello, I’m Tammy from TurboTax with some interesting information about how the federal government spends your tax dollars. You know you have to pay your taxes, but do you know exactly what the federal government spends your hard earned money on? If not, ...
Key Takeaways You can request a free tax transcript from the IRS online through the "Get Transcript" tool on its website. Requesting a transcript by mail is possible as well, but it can take five to 10 days to arrive. The IRS offers five types of tax transcripts, all free of charge,...
A tax return transcript is like a summary of your taxes, which itemizes, line-by-line, everything on your tax return. It's a very helpful document, but you need to know how to read it, including how to find the refund amount on tax return transcripts. Here is how to decipher this ...
Need your tax transcript? You can easily get a free copy by creating or logging into your online IRS account. [1] You can also get tax transcripts from the IRS by making a request via phone or mail, but the agency's online portal is the quickest way for most people to retrieve certai...
You are probably aware that if you fail to pay your credit card bills or other loans on time, your credit rating can suffer as a result. Not paying your income taxes on time could potentially have similar results to your credit rating. Watch this video t
Wage and Income Transcript:This transcript shows any income reported to the IRS from various sources, including employers, financial institutions, and other payers. It’s important to note that tax return transcripts are not the same as a copy of your filed tax return. While tax return transcrip...
Key takeaways The role of a government authority is not to find the incentive that will best serve a company’s long-term outlook. Governments’ first duty is always to the tax payer. They will seek the best possible return on any incentive. Therefore companies must conduct their o...
Many people make mistakes when filling out their tax returns, but it's not the end of the world. Watch this video to learn more about amending past tax returns.
Video transcript: Video transcript: So you filed your tax return with TurboTax—but then you need to change it. Well, if you have already filed, you can’t get the return back. But what you can do is amend your tax return and file it again. You can do this in TurboTax. You might...
university fees or education purposes. They can use them to save for a child’s wedding in the future, for a deposit on a property and even those very long-term goals, such as retirement saving or even the big bill at the end of life, which nobody wants to think about, long-term ...