Understanding Code 570 Hold on $11,472 Tax Refund - Head of Household with EIC Filed 2024

Just pulled my transcript and I'm trying to understand what I'm seeing. My transcript shows a payoff amount of -$12,472.00. Here's the detailed information from my transcript: **INFORMATION FROM THE RETURN OR AS ADJUSTED** * EXEMPTIONS: 04 * FILING STATUS: Head of Household * ADJUSTED GROSS INCOME: $35,416.00 * TAXABLE INCOME: $13,516.00 * TAX PER RETURN: $0.00 * SE TAXABLE INCOME TAXPAYER: $0.00 * SE TAXABLE INCOME SPOUSE: $0.00 * TOTAL SELF EMPLOYMENT TAX: $0.00 Under TRANSACTIONS, I'm seeing: * CODE 150: Tax return filed * CYCLE 20250605 * DATE 02-24-2025 * Reference number 70211-417-42579-5 Then I'm seeing these credits: * CODE 806: W-2 or 1099 withholding (04-15-2025) * CODE 766: Credit to your account (04-15-2025) * CODE 570: Additional account action pending (02-24-2025) * CODE 768: Earned income credit (04-15-2025) The transcript shows "This Product Contains Sensitive Taxpayer Data" at the bottom. What concerns me is the code 570 "Additional account action pending" dated 02-24-2025. My return was processed on the same date with cycle code 20250605. I filed Head of Household with 4 exemptions, claimed EIC and other credits including withholding credits. Does the payoff amount of -$12,472.00 mean I'm getting that as a refund? Is the 570 code going to delay my refund? I really need this money and I'm trying to figure out if this is good news or bad news for my refund timeline. Anyone have experience with this situation?

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Leslie Parker

The transcript shows a potential refund amount of $11,472.00 (indicated by the negative payoff amount), which includes your withholding credits (806), earned income credit (768), and additional credits (766) scheduled to be released on April 15, 2025. Your return was processed on February 24, 2025, with cycle code 20250605. The key points from your tax situation are: - Head of Household filing status with 4 exemptions - AGI of $35,416.00 with taxable income of $13,516.00 - Zero tax liability per return - No self-employment income reported The 570 code (Additional account action pending) placed on February 24 is temporarily holding your refund for review. This is common with larger refunds and returns claiming EIC. While the credits are dated for April 15, this is a standard posting date and doesn't necessarily mean you'll wait until then - the hold typically resolves within 2-4 weeks if no issues are found. The negative payoff amount suggests you're due a significant refund once the review is complete, assuming everything checks out with the IRS verification process.

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