What is revealed on a 4506-T form?

A 4506-T form, or Request for Transcript of Tax Return, reveals an individual's or entity's tax return information as reported to the IRS. It allows the requester to obtain transcripts of tax returns for specific years, which can include details about income, filing status, and tax liabilities. This form is commonly used for validating income during loan applications or for audits. Personal information such as Social Security numbers and addresses are also included to authenticate the request.