The Internal Revenue Service does not charge any fees for tax return transcripts. The IRS makes transcripts available online, by phone, fax or through the mail using Form 4506-T.Continue Reading
Basic tax return transcripts are potentially useful for financial matters such as applying for a mortgage loan or requesting financial aid for college. Taxpayers who need to enter values for adjusted gross income or taxable income on application forms can provide accurate figures using data culled from tax transcripts.
Though basic tax return transcripts are offered for free, there is a $50 fee as of 2014 to receive full copies of processed tax returns from previous tax years. Taxpayers needing their full returns make their requests using Form 4506.Learn more about Income Tax