Confused About Removed Earned Income Credit and 2025 Dates on My IRS Transcript After February Filing
Filed my taxes in February and just need somebody to explain what I'm looking at on my transcript. There are codes everywhere and I don't really know what any of it means. Been waiting on my refund and everytime I call the IRS I just get a generic message saying to wait 120 days and they hang up. Any help would be appreciated. I'm specifically looking at my transcript and seeing the following entries that are confusing me: Earned income credit 04-17-2024 -$4,085.00 Reduced or removed credit to your account 04-16-2024 $1,700.00 Reduced or removed earned income credit 04-16-2024 $4,085.00 Reduced or removed W-2 or 1099 withholding 04-16-2024 Additional tax assessed 20250406 02-11-2025 $0.00 71254-415-05330-5 Notice issued 02-12-2025 $0.00 Notice issued 02-12-2025 $0.00 This Product Contains Sensitive Taxpayer Data I'm really confused about why there's an earned income credit and then it shows as removed. And what's with the dates in 2025? I filed my taxes in February 2024, so I don't understand why there are dates from next year on my transcript. Also, what does that long number (71254-415-05330-5) mean? Is this normal or did something go wrong with my return? The "notice issued" lines are concerning me too - I haven't received any notices in the mail.
12 comments
Caden Nguyen
I've been working with transcripts for years - they can be super confusing at first glance. The main codes you need to watch for are 846 (refund issued), 570 (hold), and 971 (notice sent). What specific codes are you seeing on yours?
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Harper Hill
thanks for responding! i see both 570 and 971 dated last week. what does that mean for me?
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Caden Nguyen
That combo usually means theres a hold while they review something. Could take 60-120 days but sometimes resolves faster
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Avery Flores
Hey there! Instead of trying to decode everything yourself, you should check out taxr.ai - it's this new tool that analyzes your transcript and tells you exactly what's happening and when to expect your refund. It costs $1 but saved me weeks of stress trying to figure things out. https://taxr.ai
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Zoe Gonzalez
does it actually work? seems to good to be true 🤔
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Avery Flores
It really does! It caught things I totally missed and predicted my refund date perfectly
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Ashley Adams
Just tried it - worth every penny fr fr 💯
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Alexis Robinson
lol welcome to IRS hell. been waiting 9 months myself 🤮
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Aaron Lee
same boat fam... this system is so broken
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Chloe Mitchell
Make sure you keep checking your mail! Those codes usually mean theyre sending you a letter asking for more info
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Michael Adams
calling the IRS is usless these days tbh. I had better luck checking my transcript every morning at 6am when it updates
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Natalie Wang
facts! early morning gang rise up 😤
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