Code 420 on transcript - audit or simple examination? Need help understanding what's happening

Tax professional here. Code 420 indicates your return is under examination, but this doesn't automatically mean a full audit. It's often just a review of specific items that need verification. Could be something as simple as income verification or checking documentation. Most 420 holds are resolved within 60-120 days without requiring additional taxpayer action.

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got the same code last month, still waiting 😮‍💨 this whole process is ridiculous

mine cleared after 6 weeks. just hang tight, unless they send you a letter requesting more info youre prob good 👍

its not necessarily an audit bestie! I had this last year and it was just them double checking my W2 info. Cleared up on its own after like 2 months 💅

these clowns at the IRS need to get it together fr fr... been waiting since february with the same code 🤡