IRS Transcripts 101

Updated: 2025-08-16

Transcripts tell the story of your tax account: what was filed, assessed, and paid. We use them to spot missing returns, unreported income, and compliance gaps that need fixing before resolution proposals.

Types of Transcripts

• Wage & Income (W-2/1099): income reported to the IRS by third parties.
• Account Transcript: assessments, penalties, interest, and transactions.
• Return Transcript: line items from your filed return.