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6 replies

Alumni - Champ
June 3, 2019
For what purpose?  Did you not receive a W-2 or 1099?
Level 2
August 14, 2019

I moved and lost my w-2's and now have the wage and income transcript but no idea how to use it to do my taxes and I can't find any instructions or help anywhere

Critter
Level 15
August 14, 2019

The wage transcript is a shorthanded  version of the W2 ... just read it and you will see the employers name and EIN# plus boxes 1  thru 14 of the W-2 form so you will enter the info on the W-2 input screen as if you had the real form in front of you ... go slow and read it carefully.   What you will not have on the Federal transcript is any of the state information.  If you need to file a state return you will need to get a duplicate copy of the form from the employer. 

Level 15
June 3, 2019

The Wage & Income transcript reports only "data from information returns we receive such as Forms W-2, 1099, 1098 and Form 5498, IRA Contribution Information." (see https://www.irs.gov/individuals/tax-return-transcript-types-and-ways-to-order-them). That is, the Wage and Income Transcript does not show your tax return, but the income forms that were copied to the IRS. This is often used to build a prior year tax return for taxpayers who did not file in a previous year, and who have misplaced their tax documents.

Using the Wage & Income Transcript, you can see the information that was reported on each W-2, 1099, and the other forms. If you are creating a prior year return from scratch, then you can look at the Transcript as the source of information to enter in place of the paper forms.

***

However, depending on what you need a transcript for, you may find the Tax Transcript more useful. Please see the following discussion.

You can see a sample IRS tax transcript at this link - https://www.irs.gov/pub/irs-utl/New_Tax_Return_Transcript.pdf

The items that can be on a return are listed by description rather than by line number. For example, in the following transcript of a 2017 tax return (see below at ***),

  • Income refers to the income section on page 1 of the 1040 (see https://www.irs.gov/pub/irs-prior/f1040--2017.pdf)
  • WAGES, SALARIES, TIPS, ETC refers to line 7
  • TAXABLE INTEREST INCOME refers to line 8a
  • TAX-EXEMPT INTEREST refers to line 8b
  • and so on.

***Part of sample tax transcript at the IRS website***

Income
WAGES, SALARIES, TIPS, ETC: $13,000.00
TAXABLE INTEREST INCOME: SCH B: $0.00
TAX-EXEMPT INTEREST: $0.00
ORDINARY DIVIDEND INCOME: SCH B: $0.00
QUALIFIED DIVIDENDS: $0.00
REFUNDS OF STATE/LOCAL TAXES: $0.00

ALIMONY RECEIVED: $0.00 BUSINESS INCOME OR LOSS (Schedule C): $2,500.00 BUSINESS INCOME OR LOSS: SCH C PER COMPUTER: $2,500.00


By crawling through the tax transcript you can rebuild a completed tax return with all the important numbers (and quite a few less important ones).

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Level 2
April 16, 2022

MY TRANSCRIPT DOES NOT DISPLAY MY FULL EIN NUMBER

MarilynG
Level 15
April 18, 2022

If you don't have a copy of your W-2 (and can't obtain one from your employer online), you can paper-file with a Substitute W-2. 

 

If you are reporting 1099-Misc income and only see the last four digits of the EIN, you can report this income as 'Other Income Not Reported on a W-2 or 1099-Misc'. 

 

Go to Deductions & Credits and scroll all the way down the topic listing to Less Common Income > Miscellaneous Income 1099-A, 1099-C to get there. 

 

You could then mail your return with a copy of the Wage/Income Transcript attached. 

 

 

 

@Dmatthews2018

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December 21, 2019

the problem with the IRS transcript is that it will not contain any state info.  if you have to file a state return you can get a full replacement copy from the Social Security Administration though there is a fee.   

Level 2
February 9, 2021

I am mailing in 4 years of back taxes. On my 2015 taxes I don't have my W-2 for one of my jobs. I have a Wage and Income Transcript. I used that info for my missing W-2. Can I mail the transcript in, in place of my W-2?  Or can I get a replacement W-2 from an employer that is no longer in business?

Level 10
February 9, 2021

Yes, you can use a Wage and Income transcript in place of a W2 when preparing and filing back taxes. 

 

A Wage and Income transcript will not provide you state income tax withholding information.

Level 2
November 2, 2021

Can you give me the # need for this form?  We filed, but you call and we can never connect and therefore I cannot get my 2020 taxes done.  I got from the IRS an Account transcript, but need the income wage transcript.  Everytime I go and set up profile it says I can't.  Please help

 

DoninGA
Level 15
Level 15
November 2, 2021

@tomsk01 wrote:

Can you give me the # need for this form?  We filed, but you call and we can never connect and therefore I cannot get my 2020 taxes done.  I got from the IRS an Account transcript, but need the income wage transcript.  Everytime I go and set up profile it says I can't.  Please help

 


If you cannot obtain the W-2 from your employer, then for a fee you can get a complete copy of a W-2 from the Social Security Administration - https://faq.ssa.gov/en-us/Topic/article/KA-02501

 

You can get a free Wage and Income transcript from the IRS - https://www.irs.gov/individuals/get-transcript

 

For a fee of $43 you can get a complete federal tax return to include copies of W-2's, if you mailed the tax return and included a paper W-2, from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf

 

See this IRS Tax Topic - http://www.irs.gov/taxtopics/tc159.html

Level 2
January 6, 2023

I have a question about the wage and income transcript, kinda stupid. Is it listed my date? Like earliest jobs to later jobs in the year? 
I had about 5 jobs and don’t understand what order they’re in because I can’t remember my last job. I worked at two fast food places that are the same restaurant but each had different “owners”. Would it just be the last job on the transcript?

Level 2
April 4, 2024

How can I get 2022 w-2's for my Daughter in Law that were lost. Her 2022 taxes werent filed.

Thanks

Level 15
April 4, 2024

If she can't get a copy from her former employer, please see TurboTax Expert BMcCalpin's excellent explanation to a similar post here:

 

"The Wage & Income transcript reports only "data from information returns we receive such as Forms W-2, 1099, 1098 and Form 5498, IRA Contribution Information." (see https://www.irs.gov/individuals/tax-return-transcript-types-and-ways-to-order-them). That is, the Wage and Income Transcript does not show your tax return, but the income forms that were copied to the IRS. This is often used to build a prior year tax return for taxpayers who did not file in a previous year, and who have misplaced their tax documents.

Using the Wage & Income Transcript, you can see the information that was reported on each W-2, 1099, and the other forms. If you are creating a prior year return from scratch, then you can look at the Transcript as the source of information to enter in place of the paper forms.

***
 

However, depending on what you need a transcript for, you may find the Tax Transcript more useful. Please see the following discussion.
 

You can see a sample IRS tax transcript at this link - https://www.irs.gov/pub/irs-utl/New_Tax_Return_Transcript.pdf

The items that can be on a return are listed by description rather than by line number. For example, in the following transcript of a 2017 tax return (see below at ***),
 

  • Income refers to the income section on page 1 of the 1040 (see https://www.irs.gov/pub/irs-prior/f1040--2017.pdf)
  • WAGES, SALARIES, TIPS, ETC refers to line 7
  • TAXABLE INTEREST INCOME refers to line 8a
  • TAX-EXEMPT INTEREST refers to line 8b
  • and so on.

***Part of sample tax transcript at the IRS website***
 

Income
WAGES, SALARIES, TIPS, ETC: $13,000.00
TAXABLE INTEREST INCOME: SCH B: $0.00
TAX-EXEMPT INTEREST: $0.00
ORDINARY DIVIDEND INCOME: SCH B: $0.00
QUALIFIED DIVIDENDS: $0.00
REFUNDS OF STATE/LOCAL TAXES: $0.00

ALIMONY RECEIVED: $0.00 BUSINESS INCOME OR LOSS (Schedule C): $2,500.00 BUSINESS INCOME OR LOSS: SCH C PER COMPUTER: $2,500.00

 

By crawling through the tax transcript you can rebuild a completed tax return with all the important numbers (and quite a few less important ones)."

 

@ransley1218 

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