Need Help Decoding My IRS Transcript - $8,521 Refund Pending After Amended Return with 570/571/290 Codes
Can someone look at my transcript and let me know if things look normal? I've been checking WMR daily but getting nowhere. Starting to worry something's wrong with my return but I can't make sense of all these codes and dates. Here's my account transcript: ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ACCOUNT BALANCE: -9,521.00 ACCRUED INTEREST: 0.00 AS OF: Dec. 10, 2024 ACCRUED PENALTY: 0.00 AS OF: Dec. 10, 2024 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): -9,521.00 INFORMATION FROM THE RETURN OR AS ADJUSTED EXEMPTIONS: 03 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: 17,270.00 TAXABLE INCOME: 0.00 TAX PER RETURN: 0.00 SE TAXABLE INCOME TAXPAYER: 0.00 SE TAXABLE INCOME SPOUSE: 0.00 TOTAL SELF EMPLOYMENT TAX: 0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Apr. 15, 2024 PROCESSING DATE Apr. 02, 2024 TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 20241105 04-02-2024 $0.00 76211-419-38537-4 766 Credit to your account 04-16-2024 -$3,051.00 768 Earned income credit 04-16-2024 -$7,570.00 570 Additional account action pending 04-02-2024 $0.00 971 Amended tax return or claim 10-01-2024 $0.00 forwarded for processing 977 Amended return filed 10-01-2024 $0.00 43277-676-02854-4 571 Resolved additional account action 10-29-2024 $0.00 290 Additional tax assessed 20244705 12-10-2024 $0.00 33254-725-05573-4 I'm especially confused about these codes 570, 971, 977, 571, and 290. What do they mean? I filed my original return in April, then did amend in September (that's the 977 code I think), but I'm not sure what's happening now. Does the 571 code mean my amended return was processed? And what's with the 290 code from December 10? The account balance shows -$9,521.00 which seems like a refund, but I haven't received anything. My original refund should have been around $10,621.00 ($3,051 credit + $7,570 EIC). Is the IRS holding my refund? Does the "additional account action pending" mean there's a problem?
15 comments
LunarLegend
As a tax professional, looking at raw transcripts can be really confusing if you don't know what you're looking for. There are dozens of codes that could mean different things depending on the context and timing. Without seeing the actual transcript it's hard to give specific advice, but I'd recommend focusing on the cycle codes and any recent 570/971 combinations.
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Malik Jackson
what do the 570/971 codes usually mean? I have both on mine ðŸ˜
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LunarLegend
570 is usually a hold on your account and 971 means they sent you a notice explaining why. Check your mail carefully!
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Isabella Oliveira
Hey there! Instead of trying to decode everything yourself, you should try 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 $4.99 but saved me weeks of stress. Here's the link: https://taxr.ai
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Ravi Patel
does it actually work? sounds too good to be true tbh 🤔
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Isabella Oliveira
Yes! It scans your entire transcript and explains everything in plain English. Even shows you if there are any issues that might delay your refund
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Freya Andersen
how secure is it? im always nervous about uploading tax docs
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Isabella Oliveira
Super secure! They use the same encryption as banks. Plus they don't store your documents after analysis
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Omar Zaki
I'm in the same boat lol. Been staring at these numbers for weeks like its gonna magically make my refund appear 🤡
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CosmicCrusader
fr fr its like reading hieroglyphics sometimes 💀
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Chloe Robinson
Called the IRS 3 times about my transcript. Each rep told me something different smh
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Diego Flores
classic irs moment right there 🙄
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Freya Andersen
Just tried that taxr.ai thing someone mentioned above - WOW. It literally told me exactly why my refund was delayed (had a math error I didn't even notice) and when I should expect it. Best $5 I've spent in a while fr
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Anastasia Kozlov
whatever you do dont waste time calling the IRS. waited 2 hours just to get hung up on 🤮
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Sean Flanagan
literally same. their hold music is burned into my brain at this point
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