Code 971 on Transcript with $0.00 Amount - What Does This Mean?
Looking at my tax transcript and noticed something odd: • Code 971 appears on my most recent transcript • Amount shows $0.00 • No other explanation provided Can anyone explain what this means for my tax situation? I've reviewed previous years' transcripts and haven't seen this before. • Filed: March 1, 2024 • Standard deduction • Some investment income reported • No credits claimed
32 comments


Caden Nguyen
I had this exact same situation back on April 12th this year. Code 971 with $0.00 typically indicates a notice has been generated and will be mailed to you, but the $0.00 amount usually means it's informational rather than an adjustment. In my case, I received the notice about 10 days after the code appeared on my transcript. It was just confirming my return was selected for review but no immediate action was needed.
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Avery Flores
•But wouldn't a review normally show a different code? I thought 971 was just for notices being sent out, not necessarily reviews?
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Zoe Gonzalez
•Wow, I had no idea these transcript codes could be so specific! Treasury Regulation § 301.6201-1 doesn't even mention these internal codes. I'm learning so much from this thread.
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Ashley Adams
When I got this same code, I was completely lost trying to figure it out. I ended up using https://taxr.ai to analyze my transcript and it explained that 971 is a "Notice Issued" code. The $0.00 amount means it's just informational, not a financial adjustment. The tool showed me exactly what was happening with my account and predicted I'd get a letter within 7-10 days. Saved me hours of stress trying to decode IRS language.
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Alexis Robinson
After seeing a 971 code on my transcript last month, I tried calling the IRS for three days straight with no luck. Finally used Claimyr (https://claimyr.com) and got through to an agent in about 15 minutes. They confirmed it was just an informational notice being sent about my return being received. Nothing to worry about! Worth the service fee to stop stressing about what might be wrong.
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Aaron Lee
•I waited exactly 97 minutes on hold with the IRS last week. Is this service really worth paying for when you can just wait it out?
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Chloe Mitchell
•I can confirm Claimyr works as advertised. Step 1: You provide your phone number. Step 2: Their system navigates the IRS phone tree. Step 3: They call you when an agent is about to connect. Saved me nearly 2 hours of hold time when I had questions about my amended return.
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Michael Adams
•Wouldn't it be nice if the IRS just had a decent website that explained these codes clearly? Why do we need third-party services just to understand our tax situation?
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Natalie Wang
In most cases, a 971 code with $0.00 is probably just indicating a standard notice is being sent. However, it could potentially be related to several different types of communications. You might want to check if there are any other codes like 570 (additional account action pending) that appeared around the same time, as these codes often work together.
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Noah Torres
I received a TC 971 with $0.00 on my Account Transcript last filing season. It was followed by a CP12 Notice informing me that the IRS made a mathematical correction to my return. The correction didn't affect my refund amount, which is why the dollar amount showed $0.00. Check your mailbox in the next 7-10 business days - you'll likely receive something like a CP12, CP49, or CP05 notice that explains everything.
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Samantha Hall
•I've had this happen twice now. Did your transcript also show any processing codes before the 971 appeared? I'm wondering if there's a pattern we can identify.
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Ryan Young
•This explanation is so helpful! The IRS website (https://www.irs.gov/individuals/understanding-your-tax-record) barely explains these codes, and I've been trying to understand my transcript for weeks.
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Sophia Clark
I believe you may want to verify your mailing address is correct with the IRS. Sometimes a 971 with $0.00 means they're trying to send you information but aren't making any financial changes. If you've moved recently, this could potentially delay processing if they need a response from you.
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Katherine Harris
Code 971 means notice issued. Zero dollar amount means informational only. No financial impact. Check your mail soon. Could be identity verification. Could be processing delay notification. Could be math error with no tax change. Most likely nothing serious.
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Avery Flores
•Would checking the IRS2Go app help in this situation? Or is waiting for the physical mail the only option?
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Zoe Gonzalez
•Is there any way to see what specific notice is being sent before it arrives in the mail?
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Val Rossi
I went through this exact situation about 6 months ago! Code 971 with $0.00 appeared on my transcript, and like everyone else mentioned, it just means a notice is being generated. In my case, it turned out to be a CP05 notice requesting additional documentation to verify some of my deductions - nothing major, just routine verification. The $0.00 amount was reassuring because it meant no immediate tax changes or penalties. I'd recommend keeping an eye on your mailbox for the next 10-14 days and don't stress too much about it. The IRS transcript system can look scary, but this particular code combo is usually pretty benign. Just make sure to respond promptly if the notice requires any action from you.
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GalacticGuardian
•Thanks for sharing your experience! It's really helpful to hear from someone who went through the same thing. Did you have to provide a lot of documentation for the CP05 notice, or was it pretty straightforward? I'm curious because I also claimed some deductions this year and wondering if that might be what triggers this kind of review.
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Lorenzo McCormick
I just had this happen to me last month! Code 971 with $0.00 showed up on my transcript around February 15th. I was worried it meant something was wrong with my return, but it turned out to be just a routine notice confirming they received my return and it was being processed normally. The notice arrived about 8 days later - it was a CP01A notice that basically said "we got your return, everything looks good, your refund is on the way." The $0.00 amount is key because it means no adjustments to your tax liability. If there were actual issues, you'd typically see a different amount listed. I'd say don't worry too much about it - just keep checking your mail over the next couple weeks and you should get clarification soon.
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Bethany Groves
•That's really reassuring to hear! I've been checking my transcript obsessively since I noticed the 971 code appear. It's such a relief to know that the CP01A is basically just a "we got your stuff" confirmation rather than anything serious. Did your refund timeline end up being affected at all by this notice, or did everything proceed normally once you got the CP01A? I'm hoping this doesn't delay my refund since I filed pretty early this year.
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Norah Quay
I see this question come up a lot in tax communities! Code 971 with $0.00 is actually one of the more common transcript codes people worry about unnecessarily. It simply means the IRS has generated a notice to send you, but since the amount is zero, there's no financial impact to your return. This could be anything from a simple acknowledgment that they received your return, to a request for additional information, or even just a routine processing update. The key thing is that $0.00 amount - it means whatever they're notifying you about doesn't change your tax liability or refund amount. I'd expect to see something in your mailbox within the next 1-2 weeks. Most of the time these notices are pretty straightforward and don't require any action on your part. Try not to stress about it too much - if it were something serious, you'd typically see other codes or non-zero amounts on your transcript.
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Aisha Hussain
•This is exactly what I needed to hear! I've been losing sleep over this 971 code since it appeared on my transcript three days ago. Your explanation about the $0.00 amount being the key indicator really puts things in perspective. I keep refreshing my transcript hoping for more information, but it sounds like I just need to be patient and wait for the mail. Thank you for taking the time to explain this so clearly - it's way more helpful than anything I could find on the IRS website!
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Javier Torres
I experienced this same situation earlier this year and wanted to share what happened in my case. Code 971 with $0.00 appeared on my transcript on February 8th, and I received a CP12 notice about 12 days later. The notice explained that the IRS had made a minor correction to my return - they had recalculated one of my deductions, but it didn't change my refund amount at all, which is why the transcript showed $0.00. The whole thing was resolved automatically with no action needed from me. The waiting period was definitely stressful, but in hindsight it was much less serious than I initially thought. My advice would be to avoid checking your transcript obsessively (I was checking daily!) and just wait for the notice to arrive. In most cases with this code combination, it's either informational or involves corrections that don't affect your bottom line.
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Abby Marshall
•Thank you for sharing your experience with the CP12 notice! It's really helpful to hear specific examples like yours. I'm curious - when they recalculated your deduction but it didn't change your refund amount, was it because the correction was so minor, or was there some other factor that kept your refund the same? I'm trying to understand how these corrections work when they result in $0.00 impact. Also, did the CP12 notice clearly explain what deduction they adjusted, or was it pretty vague? I want to be prepared for what to expect when my notice arrives!
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Mateo Sanchez
I just went through this exact scenario about three weeks ago! Code 971 with $0.00 appeared on my transcript on February 22nd, and I was honestly panicking because I had no idea what it meant. After reading through all these helpful responses, I can confirm that it really is just a "notice being sent" indicator. I received my CP05 notice on March 6th - it was requesting verification of my home office deduction. The good news is that even though they wanted additional documentation, the $0.00 amount meant there was no immediate change to my refund. I submitted the requested documents through their online portal, and everything was resolved within two weeks. The whole process was way less stressful than I anticipated once I understood what was happening. My biggest advice is to not overthink it - that zero dollar amount really is your friend here because it means no financial penalties or adjustments are pending. Just be ready to respond quickly if they do request any documentation from you.
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Miranda Singer
•This is really reassuring to hear from someone who just went through it! I'm dealing with the same 971/$0.00 situation right now and was getting pretty anxious about it. Your timeline is super helpful - about 12 days from transcript code to receiving the actual notice. I'm curious about the online portal you mentioned for submitting documents - is that something they provide a link to in the CP05 notice itself? I want to make sure I'm prepared to respond quickly if they ask for verification of any of my deductions. Thanks for sharing such a detailed account of your experience!
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Olivia Garcia
I can relate to this concern - I had the exact same code appear on my transcript about 6 weeks ago and it was nerve-wracking not knowing what it meant! Code 971 with $0.00 turned out to be a CP49 notice in my case, which was just informing me that my return was selected for a routine review but no changes were needed. The notice arrived exactly 9 days after the code appeared on my transcript. What really helped ease my anxiety was understanding that the $0.00 amount is actually good news - it means whatever they're notifying you about doesn't involve any tax adjustments, penalties, or changes to your refund. The IRS uses this code for various types of informational correspondence, so it could be anything from confirming receipt of your return to requesting minor clarification on something. I'd recommend checking your mail daily for the next week or two, and try not to stress too much about it. In my experience, these notices are usually much more routine than they initially seem when you just see the mysterious code on your transcript!
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Andre Laurent
•Thank you so much for sharing your CP49 experience! It's incredibly helpful to hear from people who have actually been through this exact situation. I'm currently dealing with the same 971/$0.00 code on my transcript and have been checking my mailbox obsessively for the past few days. Your timeline of 9 days is really useful to know - I'm on day 4 so I should hopefully get some answers soon. The fact that yours was just a routine review with no changes needed is really reassuring. I keep reminding myself that the $0.00 amount is a good sign, but it's still nerve-wracking when you don't know what's coming in the mail! Did the CP49 notice require any response from you, or was it purely informational?
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Katherine Ziminski
I went through this same situation just last month and wanted to add my experience to help ease your worries! Code 971 with $0.00 appeared on my transcript on February 18th, and I was completely stressed about it until I received the actual notice 11 days later. It turned out to be a CP11 notice - the IRS had made a small calculation error correction on my return, but because it didn't affect my overall tax liability or refund amount, the transcript showed $0.00. The notice was very clear about what they changed and confirmed that no action was needed from me since there was no financial impact. What I learned from this experience is that the $0.00 amount really is the key indicator that whatever's happening isn't going to hurt you financially. The waiting period is definitely the worst part because your mind starts imagining all sorts of problems, but in reality, most of these notices are pretty routine administrative communications. My refund processed normally and arrived on schedule despite the notice. Try to stay calm and just wait for the mail - you'll likely find it's much less concerning than the mysterious transcript code makes it seem!
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Javier Mendoza
•This thread has been incredibly helpful! I'm dealing with the same 971/$0.00 code situation and was getting really worried about it. Katherine, your experience with the CP11 notice is really reassuring - it's good to know that even when they find calculation errors, it doesn't necessarily mean there's a financial impact. I'm on day 6 since the code appeared on my transcript, so based on everyone's timelines here, I should be getting my notice soon. It's amazing how much anxiety a simple transcript code can cause when you don't understand what it means! Thank you to everyone who shared their experiences - this community is so much more helpful than trying to decode IRS documentation on your own.
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Eloise Kendrick
I just wanted to chime in as someone who's been through this exact situation twice now! Code 971 with $0.00 appeared on my transcript both last year and again this filing season. The first time I was absolutely panicking and spent hours researching what it could mean. Turns out it was just a CP14 notice letting me know they had received my return and it was processing normally - completely routine. This year when I saw the same code, I knew not to worry. Sure enough, got another informational notice about 10 days later confirming everything was on track. The key thing I've learned is that $0.00 amount really does mean no financial changes to your return. If there were actual problems with taxes owed, adjustments to your refund, or penalties, you'd see specific dollar amounts listed. The waiting period is definitely anxiety-inducing, but try to remember that this code combination is actually pretty common and usually indicates standard IRS correspondence rather than anything serious. Keep checking your mail over the next week or two and you should get clarity soon!
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Natasha Volkov
•Thank you for sharing your experience with getting the same code twice! It's really helpful to hear from someone who's been through this multiple times. The fact that you got CP14 notices both times that were just routine processing confirmations is so reassuring. I think the hardest part about dealing with IRS transcript codes is that they make everything sound so ominous when in reality most of them are pretty mundane. Your point about the $0.00 amount being the key indicator really resonates - it's like the IRS's way of saying "we're sending you mail but don't panic." I'm currently waiting for my notice to arrive and this thread has been such a lifesaver for my anxiety levels. It's amazing how much more manageable this situation feels when you have real experiences from other people rather than just trying to interpret vague IRS documentation!
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