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$1,071.54 Transferred From My $9,078.46 Tax Refund to My 2021 Return - IRS Code 826 on 2022 Transcript

I just pulled my transcript and see a refund was issued on 4/5 for $9,078.46, but there's this weird credit transfer code 826 for $1,071.54 transferred out to 1040 202112. Anyone know what this means? I received my Account Transcript from the IRS today (Response Date: 03-31-2023, Tracking Number omitted for privacy) for my 2022 tax return. Looking at all the details: ACCOUNT BALANCE: $0.00 ACCRUED INTEREST: $0.00 AS OF: Apr. 17, 2023 ACCRUED PENALTY: $0.00 AS OF: Apr. 17, 2023 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): $0.00 INFORMATION FROM THE RETURN OR AS ADJUSTED: EXEMPTIONS: 03 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: $20,144.00 TAXABLE INCOME: $744.00 TAX PER RETURN: $0.00 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: Apr. 17, 2023 TRANSACTIONS: CODE EXPLANATION OF TRANSACTION - CYCLE - DATE - AMOUNT 150 Tax return filed - 20231305 - 04-17-2023 - $0.00 806 W-2 or 1099 withholding - 04-15-2023 - -$1,177.00 766 Credit to your account - 04-15-2023 - -$2,647.00 766 Credit to your account - 04-15-2023 - -$162.00 768 Earned income credit - 04-15-2023 - -$6,164.00 826 Credit transferred out to 1040 202112 - 04-15-2023 - $1,071.54 971 Notice issued - 04-17-2023 - $0.00 846 Refund issued - 04-05-2023 - $9,078.46 I'm just confused about that credit transfer code 826. What exactly was transferred and why? It looks like it's transferring $1,071.54 to my 2021 tax return (1040 202112). Did I owe money from last year that I wasn't aware of? The IRS appears to have issued a notice (code 971) on 4/17, but I haven't received anything in the mail yet. My final refund was $9,078.46 which was issued on 4/5/2023, but I'm trying to understand if the $1,071.54 transfer was correct or if I should have received that money too.

Kaitlyn Otto

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those EIC numbers looking real nice tho πŸ‘€

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Axel Far

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BTW that 971 means theyre sending you a notice explaining everything. Keep an eye on your mail

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Chloe Zhang

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thx! ill watch for it

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Protip: Stop checking WMR every 5 mins, it'll drive u crazy. Set a reminder for Feb 15 and forget about it till then

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Ana Erdoğan

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easier said than done 😭 but ur right

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Wesley Hallow

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Just to give you the full picture: The PATH Act was created to prevent fraud with refundable credits like EITC and CTC. They hold ALL returns claiming these credits until mid-February to verify income/eligibility. Your transcripts will update automatically once processing starts. Use this time to double-check that you have all your income docs correct because any mismatches will cause delays after the hold lifts.

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Justin Chang

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facts πŸ’― had a w2 mismatch last year and it delayed me till may

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Laila Prince

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In the same boat rn... filed HOH with 2 kids and showing single. Called IRS and they said its under review. Been waiting 6 weeks now 😫

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Isabel Vega

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6 weeks?! that's crazy long!

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Dominique Adams

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The IRS has been extra strict with HOH claims lately because of fraud. Make sure you have all your documentation ready (school records, medical records, lease/mortgage showing kids lived with you, etc) in case they ask for verification.

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Andre Laurent

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MAKE SURE U MAKE AN APPOINTMENT!!!! they will NOT take walk ins, learned that the hard way 🀑

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facts! drove 2 hours just to get turned away smh

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The whole verification thing is just the IRS being extra. Like why they gotta make everything so complicated fr? Already gave them all my info when I filed πŸ€¦β€β™‚οΈ

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Mei Wong

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identity theft is crazy rn, better safe than sorry tbh

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Emma Swift

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Has anyone tried calling? Been on hold for 2hrs and got disconnected lmaooo

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Isabella Tucker

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dont even bother calling its useless fr fr

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Jayden Hill

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Check your tax advocates office in your state. They might be able to help speed things up if ur experiencing financial hardship

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Andrew Pinnock

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thx will look into this!

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