D tuning aka 2 half steps down, no Capo. This is the GemsOnVHS version.
The studio version has Capo on 1 and the lyrics are structered a little bit different

This one is E A E B7 E all the way through, using nice fingerpicking and and lots of hammer-ons/pull-offs

[Intro]
E  A          E
It is what it is
E A E    B7         E
      It is what it is

[Verse 1]
E                              A                         E
I's born in a drive-thru town, get my cigarettes off the ground
         E      B7         E
You know me, it is what it is
E                                      A                      E
You is lonesome, I'm lonesome too, I'm gonna get your name tattooed
         E      B7         E
You know me, it is what it is
E                                A                        E
Something bout the way you done, shining like the morning sun
E                      B7         E
You bring the showers, showers of rain

[Interlude]
E A E    B7         E
      It is what it is

[Verse 2]
E                          A                            E
Gonna take me a Greyhound, darling where you ain't been found
         E      B7         E
You know me, it is what it is
E                                 A                        E
Something 'bout the way you done, shining like the morning sun
E                      B7         E
You bring the showers, showers of rain
E                         A
Darling I do declare, I'm gonna finde me a better care
E               B7         E
You know me, it is what it is
E                          A                            E
Gonna take me a Greyhound, darling where you ain't been found
E  B7         E
It is what it is

[Verse 3]
E                        A                          E
You's in a Centaur sign, in black holes you've been crying
         E      B7         E
You know me, it is what it is
E                               A                   E
You's the page and I's the ink, what did the writer think
         E      B7         E
You know me, it is what it is
E                                 A                      E
Then I finally pawned the shoes I used to walk away from you
         E      B7         E
You know me, it is what it is

[Interlude]
E A E    B7         E
      It is what it is

[Verse 4]
    E                             A                      E
But if you don't want me no more, come and take my right hand
E          B7    E
My weeping willow woman
E                            A                      E
I finally pawned the shoes I used to walk away from you
         E      B7         E
You know me, it is what it is

[Interlude]
E A E    B7         E
      It is what it is

[Verse 1]
E                              A                         E
I's born in a drive-thru town, get my cigaretets off the ground
         E      B7         E
You know me, it is what it is

[Outro]
E A E    B7         E
      It is what it is