I am so confused on transcript. I got a code 898. The amount shows $0 but underneath next row it shows the amount I was suppose to get back. Does that mean I’m not getting a refund back? For my federal?
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Lely “Lely” Love
I’m not sure if they took it out to pay my student loans.
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Ashley Zeolla
Same thing is on mine did you get your refund?
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CosmicCrusader
Code 898 on your transcript indicates that your refund was offset to pay a debt - this could be for student loans, child support, state taxes, or other federal debts. The $0 amount in the 898 line shows that your refund was reduced to zero after the offset, but you should see another line (usually code 896) showing where your refund money actually went. Check your transcript for any Treasury Offset Program entries that will specify exactly what debt was paid with your refund.
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Ryder Everingham
•This is really helpful information! I had no idea what code 898 meant. @CosmicCrusader, where exactly should I look for the code 896 entry on my transcript? I'm trying to help my friend who's dealing with the same issue and we're both pretty new to reading these documents. Also, is there a way to find out ahead of time if you have any debts that might cause an offset like this?
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