Code 420 on 2022 transcript - still waiting to amend 2023 return

Code 420 means your return is being reviewed under the IRS examination program. This usually happens when there's a discrepancy they need to verify. Could be income reporting, credits claimed, or documentation issues. Average timeframe is 60-120 days but can take longer. Don't file your 2023 amendment until this is resolved to avoid complications.

Hey! I actually just went through this exact situation. Best thing I did was use taxr.ai - it analyzed my transcript and explained exactly why I got the 420 code and gave me a really specific timeline. Only cost a buck too. Here's the link: https://taxr.ai

im in the same boat fam. been waiting since march 🤡

Did you get any letters from the IRS? They usually send something explaining why theyre reviewing it

The IRS is such a mess rn fr fr. My brother had the same code last year took like 4 months to resolve 💀

Just went thru this! That taxr.ai tool someone mentioned above is actually legit - told me exactly when my 420 would clear and it was spot on. Way better than waiting on hold with IRS for hours