The Internal Revenue Service (IRS) is reminding taxpayers that the easiest way to quickly find answers to needed tax planning questions is to create an individual IRS Online Account- if one has not been created yet.
Taxpayers can easily access the following by logging in to their IRS Online Account:
- Key details from their most recent tax return, such as adjusted gross income can be viewed.
- Identity Protection PIN can be requested for extra security when logging in.
- Refund status can be checked.
- Account transcripts, including wage and income records, can be downloaded.
- Tax forms, such as the power of attorney and tax information authorizations, can be signed.
- Ability to view and edit language preferences and request alternative media.
- Over 200 IRS electronic notices can be viewed and downloaded.
- Payments can be viewed, made, and or canceled.
- Payment plans can be checked, set, or modified.
Recently, the IRS added additional reporting and return documents to the IRS Online Account. Taxpayers can now view and keep track of the following critical tax records. The following information is available for tax years 2023 and 2024 and is found under the Records and Status tab in the taxpayer’s IRS Online Account:
- Form W-2, Wage and Tax Statement
- Form 1095-A, Health Insurance Marketplace Statement
- Form 1099-NEC, Nonemployee Compensation
- Form 1099-DIV, Dividends and Distributions
- Form 1099-SA, Distributions From an HSA, Archer MSA or Medicare Advantage MSA
- Form W-2G, Certain Gambling Winnings
- Form 1099-INT, Interest Income
- Form 1099-MISC, Miscellaneous Income
- Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
Information returns are filed and reported by employers, financial institutions, government agencies and other payers to both the payees and the IRS. These documents provide information that can assist taxpayers file returns.
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