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Code 570 Holding My $5,579 Refund: Single Filer with $11,043 AGI and EIC on 2024 Transcript

Can someone help me understand my transcript? I'm looking at my 2024 tax return transcript and I'm confused about what I'm seeing. I received my Account Transcript from the Internal Revenue Service (United States Department of the Treasury). It states "This Product Contains Sensitive Taxpayer Data" at the top and bottom of page 1 of 2. According to the transcript, my ACCOUNT BALANCE shows -$5,579.00 as of Feb. 10, 2025. There's $0.00 in ACCRUED INTEREST and $0.00 in ACCRUED PENALTY as of Feb. 10, 2025. The ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount) is -$5,579.00. Under "INFORMATION FROM THE RETURN OR AS ADJUSTED" it shows: EXEMPTIONS: 02 FILING STATUS: Single ADJUSTED GROSS INCOME: 11,043.00 TAXABLE INCOME: 0.00 TAX PER RETURN: 0.00 SE TAXABLE INCOME TAXPAYER: 0.00 SE TAXABLE INCOME SPOUSE: 0.00 TOTAL SELF EMPLOYMENT TAX: 0.00 My RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) is Apr. 15, 2025 PROCESSING DATE is Feb. 24, 2025 In the TRANSACTIONS section, I see these codes: CODE EXPLANATION OF TRANSACTION - CYCLE - DATE - AMOUNT 150 Tax return filed - 20250603 - 02-24-2025 - $0.00 76221-415-04408-5 806 W-2 or 1099 withholding - 04-15-2025 - -$549.00 766 Credit to your account - 04-15-2025 - -$1,281.00 570 Additional account action pending - 02-24-2025 - $0.00 768 Earned income credit - 04-15-2025 - -$3,749.00 I know the minus signs signify credit amounts, but I'm not sure if I'm actually getting this refund or if there's some kind of hold because of that 570 code. I see the total credits add up to my account balance (-$549.00 withholding, -$1,281.00 credit to account, and -$3,749.00 earned income credit), but what does "Additional account action pending" mean? Has anyone dealt with this code 570 before? Will this delay my refund? The processing date shows as Feb. 24, 2025, but I'm not sure if I'm supposed to wait until then to receive my refund or if there's something else going on. I'm really trying to understand what this "additional account action pending" means for my refund.

Luca Ferrari

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Your AGI is pretty low which might trigger extra review for EIC. Just hang tight.

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CosmicCadet

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yeah its my first year working part time while in school

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Nia Wilson

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I used that taxr.ai tool someone mentioned above and it literally told me the exact date my 570 would clear. The AI was spot on! Worth checking out fr

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how much did it cost?

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Nia Wilson

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just $1! way cheaper than calling those tax advice hotlines or waiting forever on hold with IRS

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Michael Green

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Went thru this last year. Took exactly 14 weeks total but I did get it eventually. Just gotta wait it out unfortunately

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Elijah Brown

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ugh thanks for sharing. guess ill just have to be patient šŸ˜®ā€šŸ’Ø

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Mateo Silva

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Pro tip: Next time file Form 8822 right after changing your name with SSA. Helps prevent this whole mess

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Zainab Yusuf

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ngl dealing with PATH + chime got me stressing. bills due next week 😭

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Same here fam. These tax delays are no joke šŸ’Æ

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Yara Khoury

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Pro tip: check your transcripts every Thursday morning. Thats when they usually update for PATH returns

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NeonNomad

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good looking out! what time thursday?

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Yara Khoury

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usually around 6am EST but sometimes earlier

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anyone else with credit union still waiting? this is torture fr fr

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StarStrider

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mine dropped at exactly midnight. Chase gang rise up 😤

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lucky mf 😭

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Jade Lopez

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make shure u get everything in writing from both the IRS and your advocate company... dont trust verbal promises

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Tony Brooks

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im in the same boat rn. my advocate told me to request a formal hold through Form 911

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Form 911 is clutch fr fr šŸ‘Œ

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