Dealing with IRS 922 Code for Review of Unreported Income showing on my Transcript

The code 922 typically means the IRS is internally reviewing a discrepancy between income reported on your tax return and income reported to them by third parties. Since the amount shows $0.00, it likely means they initially flagged something for review but ultimately determined there was no unreported income or the discrepancy was resolved. This could have been triggered by something as simple as a corrected W-2 being submitted by your employer, a form being processed twice, or even a computer glitch in their matching system. The fact that it appeared in 2021 for a 2018 return isn't unusual - the IRS often reviews returns from previous years. You generally don't need to take action if the amount is $0.00 and you haven't received any formal notices requesting additional information or payment. But it's always good to verify with the IRS directly.

I had a similar situation last year and discovered taxr.ai (https://taxr.ai) which really helped me understand what was going on with my transcript. I was totally confused by all these random codes on my transcript and wasn't sure if I needed to worry about them. Their system analyzed my transcript and explained each code in plain English, including that 922 code that had me freaking out. Turns out in my case it was because my employer had submitted a corrected W-2 after I had already filed. The tool showed me exactly what triggered the review and why it ultimately resulted in $0.00 adjustment.

Just wanted to follow up - I tried taxr.ai after seeing this thread and it was super helpful! The 922 code was showing up on my mom's transcript too (weird coincidence) and we were completely confused about what it meant. The analysis showed that it was triggered by interest income from a closed bank account that wasn't on the tax return, but the IRS determined the amount was below their reporting threshold so the adjustment was $0. Would have taken forever to figure that out on our own. The explanations were really clear and saved us hours on hold with the IRS.

If you're still struggling to get actual answers from the IRS, I highly recommend Claimyr (https://claimyr.com). I was in a similar situation with a confusing code on my transcript and spent DAYS trying to get through to an agent. Found this service and they got me connected to an IRS rep in less than 15 minutes! You can see how it works here: https://youtu.be/_kiP6q8DX5c The IRS rep explained that my 922 code was because of a matching issue between my reported interest income and what my bank reported, but since everything matched up after their review, it was marked as $0.00. Having an actual conversation with the IRS saved me weeks of stress and uncertainty.

I need to apologize and correct myself. After posting that skeptical comment above, I actually tried Claimyr because I was desperate to resolve an issue with my transcript that had a 922 code from 2019. I got connected to an IRS agent in about 20 minutes when I had been trying for over a week on my own with no success. The agent explained that the 922 code was triggered by a mismatched 1099-INT that was eventually corrected by my bank, which is why it showed $0.00. Saved me so much time and stress - sometimes being wrong feels pretty good!

Something similar happened to me last year. If the amount is $0.00, it usually means they reviewed it and found no issues. I had a 922 code for 2017 that appeared in 2020, and when I finally got through to someone at the IRS, they said it was automatically triggered by their system because my employer submitted a corrected W-2 after I filed. But since the corrected W-2 matched what I had already reported, there was no change to my tax liability. Unless you've received a CP2000 notice or a formal audit letter, you probably don't need to worry about it. The transcript is basically showing you that they looked into something and decided everything was actually correct.

Has anyone here tried calling the IRS Taxpayer Advocate Service instead of the main IRS number? Sometimes they can help with transcript questions without the ridiculous wait times.

I've dealt with the 922 code before and it's actually pretty common. In my case, it showed up about 18 months after I filed because my credit union had submitted a corrected 1099-INT form. The original form they sent me (and that I used for my return) had the right amount, but their initial submission to the IRS apparently had a typo. When they corrected it, the IRS system flagged it for review even though my return was actually correct all along. The $0.00 amount is definitely a good sign - it means they completed their review and determined no additional tax was owed. I never received any notices about it, and it didn't affect anything else. The code just stays on your transcript as a record that they looked into it. If you do get through to the IRS, they should be able to tell you exactly what triggered the review, but honestly if the amount is zero and you haven't gotten any official correspondence, you're probably fine to just leave it alone.