IRS Tax Transcript Availability

By Debra La Grone, Training & Regulatory Assistance Staff

With access to the 2016–17 FAFSA just around the corner, it is a good time to revisit the availability of an IRS Tax Transcript for verification purposes. At last week’s Federal Student Aid Conference in Las Vegas, a representative from Internal Revenue Service (IRS) provided the following chart depicting this information:

When a tax return filer...

If tax return filed electronically...

If tax return is filed manually...

Has no amount owed to the IRS or has an expected refund at the time their tax return was submitted to the IRS

  • Generally tax returns are accepted by the IRS within a day or two of the return having been electronically filed with the IRS.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 2-3 weeks after the return has been accepted by the IRS.
  • Generally tax returns are accepted by the IRS when the tax return is received by the IRS.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 6 - 8 weeks after the tax return has been accepted by the IRS.

Has an amount owed to the IRS and makes a full payment on that amount at the time their tax return was submitted to the IRS

  • Generally tax returns are accepted by the IRS within a day or two of the return having been electronically filed with the IRS.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 2-3 weeks after the return has been accepted by the IRS.
  • IRS will process the tax return in June.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 2-3 weeks after the tax return has been processed by the IRS.

Has an amount owed and subsequent to submitting their tax return to the IRS, pays the full amount due

  • Generally tax returns are accepted by the IRS within a day or two of the return having been electronically filed with the IRS.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 2-3 weeks after the return has been accepted by the IRS.
  • IRS will process the tax return in June.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 2-3 weeks after the tax return has been processed by the IRS.

At the time their tax return was submitted to the IRS, has an amount owed and has not paid in full.

  • Generally tax returns are accepted by the IRS within a day or two of the return having been electronically filed with the IRS. However, IRS will not process the return until May.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 2-3 weeks after the return has been processed in May.
  • IRS will process the tax return in June.
  • In most cases, IRS DRT is available and an IRS Tax Return Transcript may be requested within 2-3 weeks after the tax return has been processed by the IRS.

Keep in mind that an amended return or identity theft will delay access to tax information. When an amended return is involved, it generally takes an additional 12 weeks for the tax information to be available. If identity theft occurs, access to this information generally occurs 8-11 weeks after the IRS has received the tax return information; however, resolution of IRS-related identity theft can take up to 180 days.

The IRS continues to encourage that tax transcripts be requested via the web at www.IRS.gov or by mail. As a reminder, if the taxpayer uses the Form 4506-T to send the tax transcript to a third party, such as a school, the delivery address needs to be very specific. The IRS cannot update this information and it is recommended that schools provide a specific mailing address for students and parents in order to expedite the delivery of this information.

 

Publication Date: 12/9/2015


Donnie P | 4/21/2016 2:16:05 PM

Doesn't matter. We do not use it for verification.

Francisca C | 3/16/2016 2:21:10 PM

Does anyone know what "Recomputed Adjusted Gross Income Per Computer" on 2015 IRS Tax Transcript mean?

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