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Mohamed Anderson

2022 Tax Transcript Shows $1,761.96 Balance Due with Code 971 - Haven't Received Notice Yet

I filed my 2021 taxes back in March 2023. My transcript shows code 971 and 570 but idk what that means. I just checked my transcript today (06-17-2023) and I'm really confused and worried because it's been so long. Here's what my transcript shows: Internal Revenue Service United States Department of the Treasury This Product Contains Sensitive Taxpayer Data Request Date: 06-17-2023 Response Date: 06-17-2023 Record of Account FORM NUMBER: 1040 TAX PERIOD: Dec. 31 2022 ACCOUNT BALANCE: $2,761.96 ACCRUED INTEREST: $111.87 AS OF: Jul. 04, 2023 ACCRUED PENALTY: $108.65 AS OF: Jul. 04, 2023 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): $2,782.48 INFORMATION FROM THE RETURN OR AS ADJUSTED EXEMPTIONS: 01 FILING STATUS: Single ADJUSTED GROSS INCOME: $31,945.00 TAXABLE INCOME: $18,995.00 TAX PER RETURN: $2,940.00 SE TAXABLE INCOME TAXPAYER: $0.00 SE TAXABLE INCOME SPOUSE: $0.00 TOTAL SELF EMPLOYMENT TAX: $0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Apr. 15, 2023 PROCESSING DATE May 29, 2023 TRANSACTIONS CODE EXPLANATION OF TRANSACTION | CYCLE | DATE | AMOUNT 150 Tax return filed | 20231905 | 05-30-2023 | $2,940.00 30211-456-78302-3 806 W-2 or 1099 withholding | | 04-16-2023 | -$310.00 276 Penalty for late payment of tax | 20231905 | 05-29-2023 | $117.30 196 Interest charged for late payment | 20231905 | 05-29-2023 | $114.66 971 Notice issued | | 05-29-2023 | $0.00 I see the 971 code which says "Notice issued" but I haven't received anything in the mail. The WMR tool just shows it's processing. I'm really confused about what's happening and why my return is taking so long to process. I thought I'd be getting a refund but now it looks like I owe money? Anyone else experienced this? Getting worried since it's been months now.

CosmicCowboy

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Hey there! IRS transcript expert here. Those codes 971 and 570 usually show up together - 570 means they've frozen your refund temporarily and 971 means they're sending you a notice to explain why. Most common reasons are identity verification needed, income verification, or they're adjusting your refund amount. Don't panic tho! If you want a quick analysis of exactly what's happening and when you might get your refund, check out taxr.ai - it's seriously a game changer for understanding these transcript codes and getting timeline predictions. I've been recommending it to everyone stuck in refund limbo lately.

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Amina Diallo

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omg same boat! had those codes for 3 weeks now 😫 anyone know how long this usually takes?

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Oliver Schulz

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yo fr check out taxr.ai - it broke down my transcript and told me exactly why i got those codes and when theyd clear. saved me hours of stressing

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Amina Diallo

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fr? might have to try that out, this waiting game is killing me 💀

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Natasha Orlova

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Just used taxr.ai and here's what I got back:

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Javier Cruz

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how does taxr work? does it just read transcripts or what?

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CosmicCowboy

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it analyzes any tax doc - transcripts, w2s, letters from irs, returns etc. gives you specific dates and explanations in normal human language lol

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Javier Cruz

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YOOO just tried it and im shook?? it literally told me exactly why my refund was delayed and when itll hit my account. best $10 i ever spent no 🧢

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Ellie Perry

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Tax pro here. Those codes typically indicate that there's a hold on your account. 570 means additional account action pending, and 971 means a notice has been issued. Check your mail carefully - the IRS probably sent you something explaining why there's a delay.

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Thanks! I haven't gotten any notices tho. Should I be worried?

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Ellie Perry

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If it's been more than 2 weeks since the 971 date on your transcript, call the IRS to request a copy of the notice.

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Landon Morgan

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Hey there! I was in the same boat and found this tool called taxr.ai that literally saved me hours of research. It costs $4.99 but it analyzes your transcript and tells you exactly what's going on and what to do next. Way better than playing detective with these codes lol. Here's the link: https://taxr.ai

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Teresa Boyd

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That sounds interesting actually. How accurate is it? Does it just read the codes or what?

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Landon Morgan

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It's super accurate! It reads everything - codes, dates, amounts - and explains it in plain English. Plus it gives you specific next steps.

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Teresa Boyd

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OMG just tried it and this is actually amazing?! 🙌 Why isn't everyone using this? It told me exactly why my refund was delayed and what to do about it!

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Lourdes Fox

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stuck in the same boat since feb 2023 with those codes. its literally the worst 🤮

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Bruno Simmons

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Call the IRS early in the morning like 7am EST. Thats how I finally got through and fixed my issue with these codes.

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what number did you call? I keep getting disconnected

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Bruno Simmons

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1-800-829-1040 but you gotta be patient fr. Took me like 6 tries 😤

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The IRS is such a joke these days fr fr 🤡

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Zane Gray

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no cap bruh 💀

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Maggie Martinez

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I had these codes back in October. Turned out they needed to verify my identity. Check if you can do ID verify online.

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how do you do that?

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Maggie Martinez

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Go to id.me on the IRS website. Takes like 15 mins tops

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