By Mark Castro, CPA
February 17, 2021
The IRS offers each taxpayer a way to access their federal tax information through their individual online account.
Now may be a good time for individuals to look at their IRS online account since they can now view what amounts they received for the first and second economic impact payments (EIPs). The IRS Online Account is where this information may be accessed in case an individual misplaced their Notice 1444 and/or Notice 1444-B which informed them of the amount they received on their first and second EIPs.
Currently, individuals can view the following in their online account:
Taxpayers may also do the following:
The IRS will continue to add more features to the individual online account in the future including the ability to digitally sign a power of attorney initiated by their tax professional.
For individuals that have not already set up an account, they will need to do the following:
Once the initial authentication process is complete, the individual will then be able to use their username and password to access their online account, Get Transcript, Get An Identity Protection PIN (IP PIN), and other IRS online services that require the individual to log in.
For more information see the following on the IRS website: