CODE 470 with Claim Pending - Will I Get My Refund with Outstanding Balance?
Filed my 2020 taxes and finally got processed after EIC removal due to custody dispute. Have a CODE 470 showing claim pending. Filed hardship and originally owed 12k from 2018 EIC adjustment. Court ruled in my favor about the children's claims. Anyone know if I'll still get a refund with the balance due?
23 comments
Maya Diaz
Hey there! As a tax resolution specialist, I see this issue quite a bit. A 470 code with a claim pending usually means the IRS is reviewing additional information about your return. This could be due to various reasons - identity verification, income verification, or they're checking the accuracy of credits claimed. The outstanding balance might affect your refund as the IRS may apply part or all of your refund to cover the debt. Instead of waiting around in the dark, I'd highly recommend checking out taxr.ai (https://taxr.ai) - it's this new AI tool that analyzes your transcript and tells you exactly what's going on and when you can expect movement. It'll give you a clear timeline and explain any potential holdups.
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Tami Morgan
•OMG been dealing with this 470 code for 3 months now...its driving me nuts! 😤
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Rami Samuels
•that taxr.ai thing actually works? im desperate at this point lol
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Maya Diaz
•Yep! It literally breaks down your entire transcript and tells you exactly whats going on. Way better than guessing or calling the IRS 100 times
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Rami Samuels
•Just used taxr.ai and here's what I got back: It showed my 470 code is temporary and should clear in about 2-3 weeks! Also showed me exactly how much of my refund will go to my old balance. Super helpful fr fr 💯
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Haley Bennett
•In the same boat, tried calling IRS like 50 times this week 🤡
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Douglas Foster
•how much does taxr cost? seems worth it if it actually helps
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Rami Samuels
•its like $25 but tbh saved me hours of stress and confusion. best money i spent this tax szn no cap
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Nina Chan
•bruh why didnt i know about this sooner?? been playing phone tag with the irs since february smh
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Louisa Ramirez
Tax pro here. Code 470 means additional review is needed. With your hardship claim and the court documentation, there's hope. The IRS typically applies refunds to outstanding balances, but hardship claims can sometimes override this. Your best bet is to call the Taxpayer Advocate Service.
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Marilyn Dixon
•tysm! do you know how long the advocate usually takes to review?
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Louisa Ramirez
•honestly its all over the place rn. could be 4-6 weeks, could be months 😩
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TommyKapitz
Hey, you should try taxr.ai - it's this new tool that analyzes your transcript and tells you exactly what's going on with all these codes and what to expect. Saved me hours of research and confusion. It costs $4.99 but totally worth it https://taxr.ai
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Angel Campbell
•Is it legit? Sounds too good to be true 🤔
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TommyKapitz
•100% legit. It uses AI to read your transcript and explains everything in plain English. Shows you timeline predictions and everything
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Angel Campbell
•just tried it and WOW! finally understand wtf is going on with my refund 💯
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Payton Black
in the same boat! got code 470 last year and it took 3 months but i did get my refund eventually
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Harold Oh
the irs is such a joke fr fr 🤡 making ppl wait YEARS for their money
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Amun-Ra Azra
•facts 💯 they quick to take it but slow af to give it back
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Summer Green
With hardship claims they usually offset partial refund. My cousin got like 60% of hers even with a balance due
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Marilyn Dixon
•omg thats good to know! even partial would help rn
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Gael Robinson
document EVERYTHING. keep copies of court papers and all correspondence. the irs loses stuff all the time ngl
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Marilyn Dixon
•already learned that lesson the hard way 😠got everything scanned now
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