Codes 571 & 766 on Transcript: $3,258 Refund Issued Jan 29, Plus $192 Interest After Freeze Removal

Just checked my transcripts and noticed codes 571 and 766 showed up today with the same amount as my expected refund. Been waiting since February and cycle code is 20230805. Does anyone know what this means for my refund timeline? Looking at my transcript details more carefully, I can see several transaction codes: 971 Notice issued 01-07-2025 $0.00 811 Removed refund freeze 01-09-2025 $0.00 846 Refund issued 01-30-2025 $4,258.37 776 Interest credited to your account 02-11-2025 -$292.37 This Product Contains Sensitive Taxpayer Data I'm especially curious about what the "Removed refund freeze" means - was my return being held up this whole time? And I notice there's an interest payment of $292.37 showing up in February, even though the refund issuance date shows as January 30th. Does this mean my refund is finally on the way? I've been checking WMR daily since February and it's still showing "processing" even though these codes have appeared on my transcript. The total amount ($4,258.37) matches what I was expecting. Will I actually receive both the refund and the interest payment? Any insights on timing based on these transcript codes would be really helpful!

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25 comments

Ana Erdoğan

•11M

Hey there! I actually help people with transcripts for a living. Code 571 means the IRS has completed reviewing the issue that was holding up your refund (usually when paired with a 570 freeze code). Code 766 is for credits being applied to your account. This combination typically means good news - your refund should be processed soon! I'd recommend checking out taxr.ai to get a detailed analysis of your transcript and estimated refund date. It's super helpful for understanding all these IRS codes and timelines.

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