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The video is a tutorial on how to request a transcript of tax return from the IRS website using form 4506-T. The key point is to check box number eight on the form to request forms W-2, 1099, 1098, and 5498. The IRS can provide a transcript with information from information returns for up to 10 years. The tutorial showcases what the requested transcript looks like for the 2013 tax year, including W-2, 1098, and 1099 forms for distribution from retirement accounts. It also mentions the possibility of in-service withdrawals from a 401k account and interest deduction.
