570 & 971 Codes - Missing W2 Issue & CP12 Letter Coming - Employer Not Reporting
My transcript is showing codes 570 and 971 for about a week now. Finally got through to the IRS today and they said I'm getting a CP12 letter because only 1 of my 3 W2s is showing up in their system. Anyone else dealing with missing W2s?
15 comments
Samantha Hall
Those codes typically indicate a hold on your account (570) and that a notice is being issued (971). If employers haven't submitted their W2s to the Social Security Administration yet, this can definitely cause delays. Make sure you have physical copies of all 3 W2s ready to verify your income when needed.
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Noah Torres
Should I wait for the letter or try faxing my W2s to them now?
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Samantha Hall
Wait for the CP12 letter. It'll give specific instructions on what they need and where to send it.
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Ryan Young
Hey, instead of playing detective with these codes, I've been using taxr.ai to analyze my transcript. It costs $1 but gives you super detailed info about what's actually happening and when you'll likely get paid. Way better than guessing tbh https://taxr.ai
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Sophia Clark
Does it actually work? Seems too good to be true 🤔
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Ryan Young
100% works! It showed me exactly why my refund was held up and predicted my DDD within 2 days accuracy
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Katherine Harris
Just tried it - holy cow this thing is amazing! Explained everything about my transcript in plain english
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Madison Allen
ugh in the same boat rn. 2 of my w2s are MIA in their system. been waiting 6 weeks 😫
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Joshua Wood
My employers are clowns fr fr. took them till June last year to report my W2s 🤡
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Justin Evans
fr these employers need to get it together smh
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Emily Parker
Make sure to keep checking your transcripts daily. Sometimes they update without sending any notice 👀
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Noah Torres
how often do they usually update?
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Emily Parker
Usually weekly, most ppl see updates on fridays
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Ezra Collins
Pro tip: scan and save digital copies of ALL your tax docs. Makes it 10000x easier when the IRS comes asking
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Victoria Scott
This right here! learned this the hard way last year 💯
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