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The Sample Tax Return Transcript form serves as a vital document for taxpayers, encapsulating key financial details from a specific tax year. This form provides a snapshot of income, deductions, and credits reported on an individual's tax return, allowing taxpayers to verify their financial information for various purposes, such as applying for loans or financial aid. It includes essential data like the taxpayer's Social Security Number (SSN), filing status, and total income, which is broken down into various categories such as wages, business income, and any applicable deductions. Additionally, the form outlines tax liabilities, payments made, and any amounts owed or refunded, giving a comprehensive overview of the taxpayer's financial obligations. The Sample Tax Return Transcript also highlights adjustments to income, such as self-employment tax deductions and educator expenses, providing a clearer picture of the taxpayer's financial situation. Understanding this form is crucial for individuals who want to manage their finances effectively and ensure compliance with tax regulations.
Sample Tax Return Transcript Preview
Page 1 of 6
This Product Contains Sensitive Taxpayer Data
Tax Return Transcript
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Request Date: |
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Response Date: |
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Tracking Number: |
100200235179 |
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Customer File Number: |
0987654321 |
SSN Provided: |
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Tax Period Ending: Dec. 31, 2017
The following items reflect the amount as shown on the return (PR), and the amount as adjusted (PC), if applicable. They do not show subsequent activity on the account.
SSN: |
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SPOUSE SSN: |
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NAME(S) SHOWN ON RETURN: DRAK |
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ADDRESS: |
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123 DA |
FILING STATUS: |
Single |
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FORM NUMBER: |
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1040 |
CYCLE POSTED: |
20181005 |
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RECEIVED DATE: |
Jan.15, 2018 |
|
REMITTANCE: |
|
$0.00 |
EXEMPTION NUMBER: |
1 |
|
DEPENDENT 1 |
N ME CTRL: |
|
DEPENDENT 1 |
SSN: |
|
DEPENDENT 2 |
N ME CTRL: |
|
DEPENDENT 2 |
SSN: |
|
DEPENDENT 3 |
N ME CTRL: |
|
DEPENDENT 3 |
N: |
|
DEPENDENT 4 |
N ME CTRL: |
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DEPENDENT 4 |
N: |
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PTIN: |
|
|
PREPARER EIN: |
|
|
Income
WAGES, SALARIES, TIPS, ETC: |
$13,000.00 |
TAXABLE INTEREST INCOME: SCH B: |
$0.00 |
$0.00 |
|
ORDINARY DIVIDEND INCOME: SCH B: |
$0.00 |
QUALIFIED DIVIDENDS: |
$0.00 |
REFUNDS OF STATE/LOCAL TAXES: |
$0.00 |
8/9/2018
Page 2 of 6
ALIMONY RECEIVED: |
|
$0.00 |
BUSINESS INCOME OR LOSS (Schedule C): |
|
$2,500.00 |
BUSINESS INCOME OR LOSS: SCH C PER COMPUTER: |
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$2,500.00 |
CAPITAL GAIN OR LOSS: (Schedule D): |
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$0.00 |
CAPITAL GAINS OR LOSS: SCH D PER COMPUTER: |
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$0.00 |
OTHER GAINS OR LOSSES (Form 4797): |
|
$0.00 |
TOTAL IRA DISTRIBUTIONS: |
|
$0.00 |
TAXABLE IRA DISTRIBUTIONS: |
|
$0.00 |
TOTAL PENSIONS AND ANNUITIES: |
|
$0.00 |
SAMPLE |
$0.00 |
|
TAXABLE PENSION/ANNUITY AMOUNT: |
|
|
RENT/ROYALTY/PARTNERSHIP/ESTATE (Schedule E): |
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$0.00 |
RENT/ROYALTY/PARTNERSHIP/ESTATE (Schedule E) PER COMPUTER: |
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$0.00 |
RENT/ROYALTY INCOME/LOSS PER COMPUTER: |
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$0.00 |
ESTATE/TRUST INCOME/LOSS PER COMPUTER: |
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$0.00 |
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$0.00 |
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FARM INCOME OR LOSS (Schedule F): |
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$0.00 |
FARM INCOME OR LOSS (Schedule F) PER COMPUTER: |
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$0.00 |
UNEMPLOYMENT COMPENSATION: |
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$0.00 |
TOTAL SOCIAL SECURITY BENEFITS: |
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$0.00 |
TAXABLE SOCIAL SECURITY BENEFITS: |
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$0.00 |
TAXABLE SOCIAL SECURITY BENEFITS PER COM UTER: |
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$0.00 |
OTHER INCOME: |
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$0.00 |
SCHEDULE EIC SE INCOME PER COMPUTER: |
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$2,323.00 |
SCHEDULE EIC EARNED INCOME PER COMPUTER: |
$15,323.00 |
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SCH EIC DISQUALIFIED INC COMPUTER: |
|
$0.00 |
TOTAL INCOME: |
$15,500.00 |
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TOTAL INCOME PER COMPUTER: |
$15,500.00 |
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Adjustments to Income
EDUCATOR EXPENSES: |
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$0.00 |
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EDUCATOR EXPENSES PER CO PUTER: |
$0.00 |
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RESERVIST AND OTHER |
BUSINESS EXPENSE: |
$0.00 |
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HEALTH |
VINGS |
CCT |
DEDUCTION: |
$0.00 |
HEALTH S VINGS |
CCT |
DEDUCTION PER CO PTR: |
$0.00 |
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MOVING EXPENSES: F3903: |
$0.00 |
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SELF EMPLOYMENT T X DEDUCTION: |
$177.00 |
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SELF EMPLOYMENT T X DEDUCTION PER COMPUTER: |
$177.00 |
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ELF EMPLOYMENT T X DEDUCTION VERIFIED: |
$0.00 |
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KEOGH/ EP CONTRIBUTION DEDUCTION: |
$0.00 |
|||
$0.00 |
||||
EARLY WITHDRAWAL OF |
AVINGS PENALTY: |
$0.00 |
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ALIMONY PAID |
N: |
|
|
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ALIMONY PAID: |
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$0.00 |
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IRA DEDUCTION: |
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$0.00 |
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IRA DEDUCTION PER COMPUTER: |
$0.00 |
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STUDENT LOAN INTEREST DEDUCTION: |
$0.00 |
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STUDENT LOAN INTEREST DEDUCTION PER COMPUTER: |
$0.00 |
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STUDENT LOAN INTEREST DEDUCTION VERIFIED: |
$0.00 |
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TUITION AND FEES DEDUCTION: |
$0.00 |
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TUITION AND FEES DEDUCTION PER COMPUTER: |
$0.00 |
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DOMESTIC PRODUCTION ACTIVITIES DEDUCTION: |
$0.00 |
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Page 3 of 6
DOMESTIC PRODUCTION ACTIVITIES DEDUCTION PER COMPUTER: |
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$0.00 |
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OTHER ADJUSTMENTS: |
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$0.00 |
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ARCHER MSA DEDUCTION: |
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$0.00 |
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ARCHER MSA DEDUCTION PER COMPUTER: |
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$0.00 |
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TOTAL ADJUSTMENTS: |
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$177.00 |
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TOTAL ADJUSTMENTS PER COMPUTER: |
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$177.00 |
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ADJUSTED GROSS INCOME: |
$15,323.00 |
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ADJUSTED GROSS INCOME PER COMPUTER: |
$15,323.00 |
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SAMPLE |
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Tax and Credits |
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NO |
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BLIND: |
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NO |
SPOUSE |
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NO |
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SPOUSE BLIND: |
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NO |
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STANDARD DEDUCTION PER COMPUTER: |
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$4,850.00 |
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ADDITIONAL STANDARD DEDUCTION PER COMPUTER: |
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$0.00 |
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TAX TABLE INCOME PER COMPUTER: |
$10,473.00 |
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EXEMPTION AMOUNT PER COMPUTER: |
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$3,100.00 |
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TAXABLE INCOME: |
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$7,373.00 |
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TAXABLE INCOME PER COMPUTER: |
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$7,373.00 |
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TOTAL POSITIVE INCOME PER COMPUTER: |
$15,500.00 |
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TENTATIVE TAX: |
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$749.00 |
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TENTATIVE TAX PER COMPUTER: |
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$749.00 |
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FORM 8814 ADDITIONAL TAX AMOUNT: |
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$0.00 |
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TAX ON INCOME LESS SOC SEC INCOME PER COM UTER: |
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$0.00 |
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FORM 6251 ALTERNATIVE MINIMUM TAX: |
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$0.00 |
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FORM 6251 ALTERNATIVE INI UM TAX PER CO UTER: |
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$0.00 |
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FOREIGN TAX CREDIT: |
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$0.00 |
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FOREIGN TAX CREDIT PER CO PUTER: |
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$0.00 |
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FOREIGN INCOME EXCLUSION PER CO PUTER: |
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$0.00 |
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FOREIGN INCOME EXCLUSION TAX PER CO PUTER: |
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$0.00 |
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EXCESS ADVANCE PREMIUM TAX CREDIT REPAY ENT OUNT: |
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$0.00 |
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EXCESS |
DV NCE PREMIUM T X CREDIT REP Y ENT VERIFIED A OUNT: |
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$0.00 |
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CHILD & DEPENDENT C RE CREDIT: |
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$0.00 |
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CHILD & DEPENDENT C RE CREDIT PER COMPUTER: |
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$0.00 |
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CREDIT FOR ELDERLY |
ND DIS BLED: |
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$0.00 |
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CREDIT FOR ELDERLY |
ND DIS BLED PER COMPUTER: |
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$0.00 |
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EDUCATION CREDIT: |
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$0.00 |
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EDUCATION CREDIT PER COMPUTER: |
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$0.00 |
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GRO EDUC TION CREDIT PER COMPUTER: |
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$0.00 |
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RETIREMENT |
AVINGS CNTRB CREDIT: |
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$0.00 |
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RETIREMENT |
AVINGS CNTRB CREDIT PER COMPUTER: |
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$0.00 |
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PRIM RET |
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AV CNTRB: F8880 LN6A: |
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$0.00 |
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EC RET |
AV CNTRB: F8880 LN6B: |
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$0.00 |
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TOTAL RETIREMENT |
AVINGS CONTRIBUTION: F8880 CMPTR: |
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$0.00 |
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RESIDENTIAL ENERGY CREDIT: |
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$0.00 |
|||
RESIDENTIAL ENERGY CREDIT PER COMPUTER: |
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$0.00 |
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CHILD TAX CREDIT: |
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$0.00 |
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CHILD TAX CREDIT PER COMPUTER: |
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$0.00 |
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ADOPTION CREDIT: F8839: |
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$0.00 |
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ADOPTION CREDIT PER COMPUTER: |
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$0.00 |
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8/9/2018
Page 4 of 6
FORM 8396 MORTGAGE CERTIFICATE CREDIT: |
$0.00 |
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FORM 8396 MORTGAGE CERTIFICATE CREDIT PER COMPUTER: |
$0.00 |
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F3800, F8801 AND OTHER CREDIT AMOUNT: |
$0.00 |
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FORM 3800 GENERAL BUSINESS CREDITS: |
$0.00 |
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FORM 3800 GENERAL BUSINESS CREDITS PER COMPUTER: |
$0.00 |
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PRIOR YR MIN TAX CREDIT: F8801: |
$0.00 |
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PRIOR YR MIN TAX CREDIT: F8801 PER COMPUTER: |
$0.00 |
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F8936 |
ELECTRIC MOTOR VEHICLE CREDIT AMOUNT: |
$0.00 |
F8936 |
ELECTRIC MOTOR VEHICLE CREDIT PER COMPUTER: |
$0.00 |
SAMPLE |
$0.00 |
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F8910 |
ALTERNATIVE MOTOR VEHICLE CREDIT AMOUNT: |
|
F8910 |
ALTERNATIVE MOTOR VEHICLE CREDIT PER COMPUTER: |
$0.00 |
OTHER CREDITS: |
$0.00 |
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TOTAL CREDITS: |
$0.00 |
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TOTAL CREDITS PER COMPUTER: |
$0.00 |
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INCOME TAX AFTER CREDITS PER COMPUTER: |
$749.00 |
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Other Taxes
SE TAX: |
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$354.00 |
SE TAX PER COMPUTER: |
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$354.00 |
SOCIAL SECURITY AND MEDICARE TAX ON UNREPORTED TIPS: |
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$0.00 |
SOCIAL SECURITY AND MEDICARE TAX ON UNRE ORTED TI |
ER COM UTER: |
$0.00 |
TAX ON QUALIFIED PLANS F5329 (PR): |
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$0.00 |
TAX ON QUALIFIED PLANS F5329 PER COM UTER: |
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$0.00 |
IRAF TAX PER COMPUTER: |
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$0.00 |
TP TAX FIGURES (REDUCED BY IRAF) PER COM UTER: |
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$1,103.00 |
IMF TOTAL TAX (REDUCED BY IRAF) PER COM UTER: |
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$1,103.00 |
OTHER TAXES PER COMPUTER: |
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$0.00 |
UNPAID FICA ON REPORTED TIPS: |
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$0.00 |
OTHER TAXES: |
|
$0.00 |
RECAPTURE TAX: F8611: |
|
$0.00 |
HOUSEHOLD EMPLOYMENT TAXES: |
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$0.00 |
HOUSEHOLD EMPLOYMENT TAXES PER CO PUTER: |
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$0.00 |
HEALTH C RE RESPONSIBILITY PEN LTY: |
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$0.00 |
HEALTH C RE RESPONSIBILITY PEN LTY VERIFIED: |
|
$0.00 |
HEALTH COVER GE REC PTURE: F8885: |
|
$0.00 |
RECAPTURE T XES: |
|
$0.00 |
TOTAL SSESSMENT PER COMPUTER: |
|
$1,103.00 |
TOTAL T X LI BILITY TP FIGURES: |
|
$1,103.00 |
TOTAL T X LI BILITY TP FIGURES PER COMPUTER: |
|
$1,103.00 |
Payments
FEDERAL INCOME TAX WITHHELD: |
$1,000.00 |
|
HEALTH CARE: INDIVIDUAL RESPONSIBILITY: |
$0.00 |
|
HEALTH CARE |
0 |
|
E TIMATED TAX |
PAYMENT : |
$0.00 |
OTHER PAYMENT CREDIT: |
$0.00 |
|
REFUNDABLE EDUCATION CREDIT: |
$0.00 |
|
REFUNDABLE EDUCATION CREDIT PER COMPUTER: |
$0.00 |
|
REFUNDABLE EDUCATION CREDIT VERIFIED: |
$0.00 |
|
EARNED INCOME CREDIT: |
$0.00 |
|
EARNED INCOME CREDIT PER COMPUTER: |
$0.00 |
|
EARNED INCOME CREDIT NONTAXABLE COMBAT PAY: |
$0.00 |
|
8/9/2018
Page 5 of 6
SCHEDULE 8812 |
NONTAXABLE COMBAT PAY: |
$0.00 |
EXCESS SOCIAL |
SECURITY & RRTA TAX WITHHELD: |
$0.00 |
SCHEDULE 8812 |
TOT SS/MEDICARE WITHHELD: |
$0.00 |
SCHEDULE 8812 |
ADDITIONAL CHILD TAX CREDIT: |
$0.00 |
SCHEDULE 8812 |
ADDITIONAL CHILD TAX CREDIT PER COMPUTER: |
$0.00 |
SCHEDULE 8812 |
ADDITIONAL CHILD TAX CREDIT VERIFIED: |
$0.00 |
AMOUNT PAID WITH FORM 4868: |
$0.00 |
|
FORM 2439 REGULATED INVESTMENT COMPANY CREDIT: |
$0.00 |
|
FORM 4136 CREDIT FOR FEDERAL TAX ON FUELS: |
$0.00 |
|
SAMPLE |
$0.00 |
|
FORM 4136 CREDIT FOR FEDERAL TAX ON FUELS PER COMPUTER: |
||
HEALTH COVERAGE TX CR: F8885: |
$0.00 |
|
PREMIUM TAX CREDIT AMOUNT: |
$0.00 |
|
PREMIUM TAX CREDIT VERIFIED AMOUNT: |
$0.00 |
|
PRIMARY NAP FIRST TIME HOME BUYER INSTALLMENT AMT: |
$0.00 |
|
SECONDARY NAP |
FIRST TIME HOME BUYER INSTALLMENT AMT: |
$0.00 |
FIRST TIME HOMEBUYER CREDIT REPAYMENT AMOUNT: |
$0.00 |
|
FORM 5405 TOTAL HOMEBUYERS CREDIT REPAYMENT PER COMPUTER: |
$0.00 |
|
SMALL EMPLOYER HEALTH INSURANCE PER COMPUTER: |
$0.00 |
|
SMALL EMPLOYER HEALTH INSURANCE PER COMPUTER (2): |
$0.00 |
|
FORM 2439 AND |
OTHER CREDITS: |
$0.00 |
TOTAL PAYMENTS: |
$1,000.00 |
|
TOTAL PAYMENTS PER COMPUTER: |
$1,000.00 |
|
Refund or Amount Owed
AMOUNT YOU OWE: |
$103.00 |
APPLIED TO NEXT YEAR'S ESTIMATED TAX: |
$0.00 |
ESTIMATED TAX PENALTY: |
$0.00 |
TAX ON INCOME LESS STATE REFUND PER CO UTER: |
$0.00 |
BAL DUE/OVER PYMT USING TP FIG PER CO PUTER: |
$103.00 |
BAL DUE/OVER PYMT USING CO PUTER FIGURES: |
$103.00 |
FORM 8888 TOTAL REFUND PER CO PUTER: |
$0.00 |
Third Party Designee
THIRD P RTY DESIGNEE ID NU BER: |
|
AUTHORIZ TION INDIC TOR: |
0 |
THIRD RTY DESIGNEE N ME: |
|
Schedule
OCIAL |
ECURITY NUMBER: |
|
EMPLOYER |
ID NUMBER: |
|
BU INE |
NAME: |
|
DE CRIPTION OF BU INE /PROFESSION: |
DRAK |
|
NAICS CODE: |
000000 |
|
ACCT MTHD: |
|
|
FIR T TIME CHEDULE C FILED: |
N |
|
TATUTORY EMPLOYEE IND: |
N |
|
INCOME
GROSS RECEIPTS OR SALES: |
$2,700.00 |
RETURNS AND ALLOWANCES: |
$0.00 |
NET GROSS RECEIPTS: |
$0.00 |
COST OF GOODS SOLD: |
$0.00 |
SCHEDULE C FORM 1099 REQUIRED: |
NONE |
8/9/2018
Page 6 of 6
SCHEDULE C FORM 1099 FILED: |
NONE |
OTHER INCOME: |
$0.00 |
EXPENSES
CAR AND TRUCK EXPENSES: |
$0.00 |
DEPRECIATION: |
$0.00 |
INSURANCE (OTHER THAN HEALTH): |
$0.00 |
MORTGAGE INTEREST: |
$0.00 |
LEGAL AND PROFESSIONAL SERVICES: |
$0.00 |
SAMPLE |
$0.00 |
REPAIRS AND MAINTENANCE: |
|
TRAVEL: |
$0.00 |
MEALS AND ENTERTAINMENT: |
$0.00 |
WAGES: |
$0.00 |
OTHER EXPENSES: |
$0.00 |
TOTAL EXPENSES: |
$200.00 |
EXP FOR BUSINESS USE OF HOME: |
$0.00 |
SCH C NET PROFIT OR LOSS PER COMPUTER: |
$2,500.00 |
AT RISK CD: |
|
OFFICE EXPENSE AMOUNT: |
$0.00 |
UTILITIES EXPENSE AMOUNT: |
$0.00 |
COST OF GOODS SOLD
INVENTORY |
AT |
BEGINNING OF |
YEAR: |
$0.00 |
INVENTORY |
AT |
END OF YEAR: |
|
$0.00 |
Schedule
SSN OF |
|
NET FARM PROFIT/LOSS: SCH F: |
$0.00 |
CONSERVATION RESERVE PROGRAM PAY ENTS: |
$0.00 |
NET NONFARM PROFIT/LOSS: |
$2,500.00 |
TOTAL SE INCOME: |
$2,500.00 |
SE QUARTERS COVERED: |
4 |
TOTAL SE TAX PER COMPUTER: |
$353.12 |
SE INCOME COMPUTER VERIFIED: |
$0.00 |
SE INCOME PER COMPUTER: |
$2,308.00 |
TOTAL NET E RNINGS PER CO PUTER: |
$2,308.00 |
LONG FORM ONLY
TENTATIVE |
CHURCH RNINGS: |
$0.00 |
|
TOTAL SOC |
SEC & RR W GES: |
$0.00 |
|
E |
T X |
COMPUTER: |
$286.19 |
E MEDIC RE INCOME PER COMPUTER: |
$2,308.00 |
||
E MEDICARE TAX PER COMPUTER: |
$66.93 |
||
E FARM OPTION METHOD U ED: |
0 |
||
E OPTIONAL METHOD INCOME: |
$0.00 |
||
Form 8863 - Education Credits (Hope and Lifetime Learning Credits)
PART III - ALLOWABLE EDUCATION CREDITS
GROSS EDUCATION CR PER COMPUTER: |
$0.00 |
||
TOTAL EDUCATION CREDIT AMOUNT: |
$0.00 |
||
TOTAL EDUCATION CREDIT AMOUNT PER COMPUTER: |
$0.00 |
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This Product Contains Sensitive Taxpayer Data |
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8/9/2018
Common mistakes
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Incorrect Personal Information: Failing to enter the correct Social Security Numbers (SSNs) for both the taxpayer and spouse can lead to processing delays or rejections.
-
Missing Signature: Not signing the form can result in the tax return being considered invalid. Always ensure that you sign and date the form before submission.
-
Inaccurate Income Reporting: Reporting incorrect income figures, whether too high or too low, can lead to audits or penalties. Verify all income sources before submitting.
-
Neglecting to Claim Dependents: Failing to list eligible dependents can reduce potential tax credits. Make sure to include all qualifying dependents.
-
Not Double-Checking Deductions: Overlooking deductions you qualify for can lead to a higher tax bill. Review all possible deductions carefully.
-
Using Incorrect Tax Year: Submitting a tax return for the wrong year can cause significant issues. Ensure you are using the form for the correct tax year.
-
Ignoring Tax Credits: Failing to apply for available tax credits can result in missing out on potential refunds. Research all credits you may qualify for.
-
Improperly Calculating Tax Liability: Mistakes in calculating tax owed can lead to underpayment penalties. Use reliable methods or software to ensure accuracy.
-
Submitting Without Supporting Documents: Not including necessary documents, such as W-2s or 1099s, can delay processing. Always attach required documentation.
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Dos and Don'ts
When filling out the Sample Tax Return Transcript form, it is important to follow certain guidelines to ensure accuracy and compliance. Here is a list of things you should and shouldn't do:
- Do double-check all personal information, such as your name and Social Security Number, for accuracy.
- Do use the most current tax year information to ensure that your data is relevant.
- Do keep a copy of the completed form for your records.
- Do ensure that all income and deductions are reported correctly as shown on your tax return.
- Don't leave any fields blank; if a section does not apply to you, indicate that clearly.
- Don't submit the form without reviewing it for any potential errors or omissions.
Misconceptions
Understanding the Sample Tax Return Transcript form can be challenging, especially with the various misconceptions that exist. Here are seven common misconceptions, along with clarifications to help you navigate this important document.
- Misconception 1: A tax return transcript shows all account activity.
- Misconception 2: The transcript can be used as a complete tax return.
- Misconception 3: You can only request a transcript for the current year.
This is not true. A tax return transcript only reflects the information from the filed tax return for a specific year. It does not include any subsequent account activity, such as payments or adjustments made after the return was filed.
A transcript is not a substitute for a full tax return. It provides a summary of the information contained in the return, but it does not include all the details and documentation that a complete return would have.
This is incorrect. Taxpayers can request transcripts for multiple years, typically up to three years prior. This can be useful for various purposes, including loan applications or audits.
- Misconception 4: The transcript shows your current tax balance.
- Misconception 5: All transcripts are the same.
- Misconception 6: You can only obtain a transcript by mail.
While the transcript provides information about your tax return, it does not reflect your current tax balance or any outstanding debts. For that information, you would need to check your account directly with the IRS.
There are different types of transcripts, including tax return transcripts, tax account transcripts, and wage and income transcripts. Each serves a different purpose and contains different information, so it is important to request the correct type for your needs.
This is not accurate. Taxpayers can request transcripts online through the IRS website, by phone, or via mail. The online option is often the quickest way to receive a transcript.
- Misconception 7: The transcript is only for personal use.
In fact, a tax return transcript can be used for various official purposes, such as applying for loans, mortgages, or financial aid. Many institutions require a transcript to verify income and tax information.
By understanding these misconceptions, you can better utilize the Sample Tax Return Transcript form and ensure that you have the correct information for your needs.
Detailed Guide for Using Sample Tax Return Transcript
Filling out the Sample Tax Return Transcript form involves a series of steps that ensure accurate completion. This form is essential for various purposes, including verifying income for loans or other financial applications. By following the steps outlined below, individuals can effectively fill out the form and ensure all necessary information is included.
- Start by locating the Tax Return Transcript Request section at the top of the form. Here, you will find the Response Date and Tracking Number.
- Fill in your Social Security Number (SSN) in the designated area. Ensure that the number is accurate to avoid any issues.
- Enter your Spouse's SSN, if applicable. If you are filing as single, this may not be necessary.
- Complete the Name(s) Shown on Return field with your full name as it appears on your tax return.
- Provide your Address in the space provided. This should match the address on your tax return.
- Indicate your Filing Status. Options typically include Single, Married Filing Jointly, or Head of Household.
- Note the Form Number which is usually the standard 1040 form.
- Fill in the Tax Period Ending date. This will typically be December 31 of the tax year you are reporting.
- Record the Total Income from your tax return. This includes all sources of income, such as wages and business income.
- Complete the Total Adjustments section, which reflects any deductions or adjustments to your income.
- Fill out the Adjusted Gross Income (AGI) based on the calculations from your tax return.
- Indicate any Tax and Credits that apply to your situation, including standard deductions and any credits you are eligible for.
- Provide details regarding Payments made, such as federal income tax withheld and any estimated tax payments.
- Finally, calculate and fill in the Amount You Owe or Refund amount, if applicable.
After completing the form, review all entries for accuracy. This will help prevent delays or issues with processing. If needed, consult with a tax professional for assistance.