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Harper Hill

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.

Caden Nguyen

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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

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thanks for responding! i see both 570 and 971 dated last week. what does that mean for me?

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Caden Nguyen

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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

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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

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does it actually work? seems to good to be true 🤔

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Avery Flores

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It really does! It caught things I totally missed and predicted my refund date perfectly

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Ashley Adams

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Just tried it - worth every penny fr fr 💯

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Alexis Robinson

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lol welcome to IRS hell. been waiting 9 months myself 🤮

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Aaron Lee

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same boat fam... this system is so broken

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Chloe Mitchell

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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

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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

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facts! early morning gang rise up 😤

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Jordan Walker

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Those 2025 dates are definitely concerning and not normal for a 2024 return. The fact that you're seeing "Additional tax assessed" with a future date suggests there might be a system error or your return got flagged for review. The long number (71254-415-05330-5) is likely a notice reference code. I'd recommend trying to call the Taxpayer Advocate Service at 1-877-777-4778 - they can sometimes help when regular IRS lines aren't useful. Also, definitely keep an eye on your mail for any notices even though the transcript shows they were "issued" - sometimes there's a delay between when they show up on transcript vs when you actually receive them.

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Connor Rupert

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This is really helpful advice! I didn't know about the Taxpayer Advocate Service - definitely going to try calling them. The 2025 dates have been keeping me up at night wondering if something went seriously wrong. Thanks for explaining what that reference number might be too. Have you dealt with similar transcript errors before?

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Amara Okonkwo

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The 2025 dates are definitely a red flag - that's not normal for a 2024 return and suggests either a system glitch or your return got kicked into a special review cycle. The EIC being added then immediately removed usually means they're verifying your eligibility, possibly questioning dependents or income levels. That notice reference number (71254-415-05330-5) typically corresponds to CP letters they send out. Even though your transcript shows notices issued, sometimes there's a 2-3 week delay before you actually receive them in the mail. I'd suggest setting up informed delivery with USPS so you can track what's coming. If you don't receive anything by next week, definitely call that Taxpayer Advocate number Jordan mentioned - they're your best bet when the regular IRS lines are useless.

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Zara Khan

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This is super helpful! I'm definitely going to sign up for informed delivery - didn't even know that was a thing. The part about EIC being removed due to verification makes sense now. I was panicking thinking I did something wrong on my taxes. Really appreciate you breaking down what that reference number means too. How long did similar cases take to resolve in your experience?

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