The Wage and Income Transcript shows data from information returns the IRS receives such as Forms W-2, 1099, 1098 and Form 5498, IRA Contribution Information.

If you, your spouse (if married) or your parents (if dependent) need to document your taxable income to fill out a FAFSA or to comply with verification requirements, you can request an IRS “Wage & Income transcript” (W2 statement) free of charge.

Online Request – Get Transcript ONLINE

Available at www.irs.gov

  • At the bottom of the Request Online box, click “Get Transcript ONLINE” (If at any point, you cannot validate your identity – for example, you cannot provide financial verification information or you lack access to a mobile phone – you may use Get Transcript by MAIL, see below)
  • Enter the nonfiler’s Social Security Number, email address, filing status, account numbers for loan or credit card associated with your name, and mobile phone associated with your name
  • Click “Continue
  • Select “Wage and Income Transcript
  • In the Tax Year field, select “the required year“.
  • If successfully validated, you will be able to view your IRS Wage and Income Transcript
  • Sign and submit the IRS Wage and Income Transcript to Southwestern Illinois College;
    • Include the student’s name and SWIC student ID on the letter.

Online Request – Get Transcript by MAIL

  • At the bottom of the Request Online box, click “Get Transcript by Mail
  • Enter the nonfiler’s Social Security Number, date of birth, street address, and zip or postal code. Use the address currently on file with the IRS.
  • Click “Continue
  • Select “Wage and Income Transcript
  • In the Tax Year field, select “the required year
  • If successfully validated, nonfilers can expect to receive a paper IRS Wage and Income Transcript at the address included in their online request within 5 to 10 days
  • Sign and submit the IRS Verification of Wage and Income Transcript to Southwestern Illinois College
    • Include the student’s name and SWIC student ID on each page

Paper Request Form – IRS Form 4506-T

Download IRS Form 4506-T at https://www.irs.gov/pub/irs-pdf/f4506t.pdf Format

  • Lines 1-4: Complete these lines following the instructions on page 2 of the form.
  • Line 3: enter the required street address and zip or postal code. Use the address currently on file with the IRS
  • Line 5: Provides tax filers with the option to have their IRS Wage and Income Transcript mailed directly to a third party by the IRS. Do not list Southwestern Illinois College as a third party. You should have the Wage and Income Transcript sent to your address.
    • After you receive it, make a photocopy. Keep one for yourself, and submit the other one to the Financial Aid department;
    • The student’s name and SWIC student ID number MUST be written on EVERY page of the transcript
  • Line 7: Select the checkbox on the right-hand side for Wage and Income Transcript
  • Line 9: Enter the appropriate date in 12/31/20xx format to receive IRS tax information for the tax year that is required for FAFSA verification. Enter the date as “12/31/2018” for a 2018 Wage and Income Transcript for your 2019-2020 financial aid file
  • The requester must sign and date the form and enter their telephone number
  • Mail or fax the completed IRS Form 4506-T to the appropriate address (or FAX number) provided on page 2 of the form
  • If the 4506-T information is successfully validated, the IRS Wage and Income Transcript can be expected at the address provided on their request within 5 to 10 days.

NOTE: If any information does not match IRS records, the IRS will notify the tax filer that it was not able to provide the Wage and Income Transcript.