IRS transcript

Forum|Forum|2 years ago
September 14, 2023
2 replies
20 views

Hi to all. New client sent me his last year transcript and his return as well. On his return he has 2 Children and 5 adult(parents and uncle...) as other dependents but on his transcript shows 2 Children and 3 dependents, 2 of them missed. He received a refund based on 5 dependents and 2 children and no adjustment.

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ljr

Level 9

What is your question?

IRonMaN

Level 15

@ljr I hope you get your answer, but careful what you wish for.

Slava Ukraini!

George4Tacks

Level 15

Maybe the taxpayer and spouse are not dependents?

Long ago I learned that answers are easy, but questions are very difficult.

Answers are easy. Questions are hard!

qbteachmt

Level 15

"all dependents name are on tax return but two of them are not on transcript."

Which two?

"On his return he has 2 Children and 5 adult(parents and uncle...) as other dependents"

Is that 7 people, total, then? Taxpayer, Spouse, 3 other adults or 5, 2 children....

Don't yell at us; we're volunteers

HOPE2Author

Level 7

Thanks. Husband,wife and two children also 5 other dependents.

sjrcpa

Level 15

So, all of those dependents did not appear on Page 1 of the return, right? There was an attached statement.

The IRS transcript probably does not have the statement. I have had IRS auditors tell me they do not get everything from the transcript and appreciate it when I provide a hard copy. That won't solve your issue, though.

The more I know the more I don’t know.

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