Hello ALL!
I'm the OP on this thread and I'm here to update you all with my horrible experience with the IRS and Form 4506 and paying the $43 to get my complete copy of my 2020 1040, not just the free transcript. So after not getting a very good answer from the community as to if the transcripts would be enough to recreate the info needed to complete my 2021 taxes, I decided F-it and sent in Form 4506 along with my $43 payment for my 2020 form 1040 copy. I did this shortly after my last post in this thread and my $43 check cleared mid September 2021. Seeing how the IRS states it could be up to 75 days to get the copy I figured I had plenty of time. Well as of this writing it has been 228 days (154 Business days) since my check cleared and still no copy of form 1040 has been sent to me. I have tried to contract the IRS with over 300 phone calls about this issue and have not been able to get through to a live person, just the endless robot and eventual hang-up.
Tax day was nearing so I tried to wing it with the transcripts and of course made a mistake and now owe even more money then I originally claimed for 2021 because of this mistake I now also owe penalties and interest.
My advice, if you have to order a paid copy of your return from the IRS, DON'T! They will keep your $43 and never send you what you ordered.
Try your best with the free transcripts you can download from irs.gov or recreate your missing Turbo Tax CD return from your physical documents the best you can.
Best solution of all... BACK UP BACK UP BACK UP!!!! Then you wont have this issue.
