how to read a tax return transcript

RSmithers · Post by **RSmithers** » Tue Feb 11, 2014 3:26 pm

Does anyone know where information from form 8938 is listed on a tax return transcript, or if it is listed at all?

Does anyone know what "Foreign Accounts IND" indicates on a tax return transcript? Or "foreign country financial interest/signature authority"?

RSmithers · Post by **RSmithers** » Tue Feb 11, 2014 7:10 pm

FYI - I can't see forms 8891 or 3520 listed on my transcripts. It's a bit unsettling b/c the IRS website indicates that all forms and schedules will appear on transcripts.

Does anyone know of an alternative route (faster than waiting for photocopies of your returns).

nelsona · Post by **nelsona** » Wed Feb 12, 2014 2:31 am

Is there a particular reason you need these transcripts. Surely you kept a copy of your submission, which is sufficient.

3520 is not part of the 1040 submission, so do not expect it to be in your 1040 transcript.

nelsona · Post by **nelsona** » Wed Feb 12, 2014 2:37 am

If you want to get a COPY of your return (for $57) then that might have everything, but why waste time and money.

nelsona · Post by **nelsona** » Wed Feb 12, 2014 2:39 am

as to what the foreign account lines are referring, without looking, I would say they refer to the lines at the bottom of schedule B.