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The IRS extends Form 4506-C to replace Form 4506-T/T-EZ.

On February 23, 2021, the IRS just announced a 60-day extension for their new IRS Form 4506-C, which will replace the current IRS form 4506-T. IRS Form 4506-C is available online. Originally scheduled to start March 1, 2021, the IRS will also continue to accept the current 4506-T dated (September 2019 & March 2019) through April 30, 2021.

Effective May 1, 2021, the IRS will only accept IRS Form 4506-C when requesting tax data, rejecting all 4506T/ 4506T-EZ forms submitted for processing after April 30, 2021.

FAQ (Differences between 4506-C & 4506-T)
IRS Form 4506-C (with Line 5 completed)

Per the IRS IVES, year 2020 IRS 1040 tax transcript data is expected to be available the week of February 22, 2021.

Any 4506T/C request submitted prior to the availability of IRS 2020 tax transcript data will result in a “No Record” on file from the IRS. A subsequent transcript request will be required at a future date for results.

• If a taxpayer files electronically, allow 3-4 weeks after the return submission before requesting a 2020 tax transcript.
• If a taxpayer filed by mail, allow 6-8 weeks after the return was mailed before requesting a YR 2020 transcript.

The SSA has issued a new SSA-89 form with the revision date of 12/2020.

There is no SSA requirement to use the SSA-89 (rev 12/2020) until September 30, 2021. This newest form revision condenses the previous 2-page SSA-89 form into a single page. The SSA will consider the SSA-89 (rev 12/2020) form altered if split into two separate pages, and the request will be rejected.

If an organization’s loan origination or document management system is separating the SSA-89 (rev 12/2020) into two pages, the appropriate party should be alerted of the SSA’s policy for only accepting single page SSA-89 (rev 12/2020) form.

SSA-89 Form (updated 12-2020)