![]() Free Worry-Free Audit Support is available only for clients who purchase and use H&R Block desktop software solutions to prepare and successfully file their 2022 individual income tax return (federal or state).However, irrespective of whether you are salaried or non-salaried, it is imperative to know how to get income tax return copies if you are not aware already. IT return copies become all the more important for independent professionals, businesses, and freelancers, who do not have salary slips as income proof. In that case, you need to answer by sending copies of your past ITR acknowledgement records. You might need to face a rare situation where the IT Department decides to send you a notice saying you have outstanding tax from a 5-year old return filing. Settling past dues: Here’s another importance of ITR copies besides serving as income proof. ![]() This is basically a way for foreign embassies to gauge if you have enough financial interest to return to India. Visa application: Copies of IT returns are the only income proof accepted during visa applications.They ask for these documents, especially when selling high-coverage plans, to confirm the policyholder’s ability to pay the high premiums. High-value insurance policy: ITR copies also act as genuine income proof for insurance companies.Loan applications: Most lending institutions demand ITR copies of at least the past 2-3 years as proof of financial records before sanctioning loans.An ITR-V or ITR acknowledgement copy is a significant financial document and acts as proof of income in a number of processes. ![]()
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