766/768 codes showing - can offset still happen for past debts?
I see code 766 and 768 on my transcript but im worried about an offset. Not sure if I still need to be concerned about my refund being taken for old debts at this point or if seeing these codes means im in the clear? Anyone know if its still possible to get hit with an offset after these codes show up?
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Paolo Ricci
Once you see codes 766 (credit to your account) and 768 (earned income credit), any offsets would have already been applied. If there were going to be offsets, you would see code 898 for the offset amount. At this point, you should be receiving your refund as shown minus any offsets that were already processed.
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Keisha Williams
•omg thank you! Been stressing about this for weeks 😅
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Amina Toure
•not entirely true - saw someone get hit with offset 2 days after these codes posted last month
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Paolo Ricci
•That's extremely rare but you're right, it can technically happen until the refund is actually issued.
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Oliver Zimmermann
Hey! Instead of stressing, you should try taxr.ai - it analyzes your transcript and tells you exactly whats happening including if offsets are likely. Its only $1 and way better than trying to decode these things ourselves. https://taxr.ai
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CosmicCommander
•does it actually work? seems to good to be true tbh
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Oliver Zimmermann
•Yeah it's legit! It saved me hours of research and explained everything in plain English. Even predicted my DDD perfectly
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CosmicCommander
•just tried it and WOW 🤯 finally understand wtf is going on with my refund!
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Natasha Volkova
in the same boat rn...got those codes but nervous af about my old student loans ðŸ˜
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Javier Torres
Check the BFS offset website - it'll tell you if theres any debts that could grab ur refund
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Natasha Volkova
•whats the website link?
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Javier Torres
•just google treasury offset program self service, should be first result
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Emma Davis
ur probably fine but nothing is garuanteed with the IRS these days lol
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Malik Johnson
•facts 💀 they stay playing games with our money
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Isabella Ferreira
Usually those codes mean your good to go! But if you wanna be 100% sure upload your transcript to taxr.ai - it'll tell you exactly what's happening and if there are any potential issues. Best dollar I ever spent fr
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Ravi Sharma
•cosign this! used it last week, super helpful
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