IRS Transcript Update: 291 Code Removing $1,365 Tax on 11/04 Followed by 290 Code on 11/11 - Next Steps After Amended Return Processing?

Been watching my transcript like a hawk. Got codes 291/971 last Friday 11/04 and today a 290 popped up on 11/11. I've been tracking every change on my account and want to share exactly what I'm seeing. My transcript currently shows: CODE EXPLANATION OF TRANSACTION | CYCLE | DATE | AMOUNT 150 Tax return filed | 20241805 | 05-20-2024 | $2,365.00 75221-453-17426-4 806 W-2 or 1099 withholding | | 04-15-2024 | -$7,918.00 810 Refund freeze | | 03-16-2024 | $0.00 766 Credit to your account | | 04-15-2024 | -$779.00 766 Credit to your account | | 04-15-2024 | -$7,582.00 766 Credit to your account | | 04-15-2024 | -$7,921.00 971 Amended tax return or claim forwarded for processing | | 07-13-2024 | $0.00 977 Amended return filed | | 07-13-2024 | $0.00 33277-599-04516-4 767 Reduced or removed credit to your account | | 04-15-2024 | $7,921.00 767 Reduced or removed credit to your account | | 04-15-2024 | $7,582.00 767 Reduced or removed credit to your account | | 04-15-2024 | $773.00 806 W-2 or 1099 withholding | | 04-15-2024 | -$3,255.00 291 Reduced or removed prior tax assessed | | 11-04-2024 | -$2,365.00 18254-684-07292-4 971 Notice issued | | 11-04-2024 | $0.00 290 Additional tax assessed | 20244305 | 11-11-2024 | $0.00 18254-684-07293-4 I'm really confused about the sequence of events here. My original return from 05/20/2024 showed $2,365.00 (code 150). Then I've had several credits (766) and withholdings (806) including -$7,918.00 and -$3,255.00 from W-2s, plus credits of -$779.00, -$7,582.00, and -$7,921.00. But then there were corresponding 767 codes removing those credits ($7,921.00, $7,582.00, and $773.00). I filed an amended return (code 977) that was forwarded for processing (971) on 07/13/2024. Now I'm seeing this sequence with the 291 showing -$2,365.00 on 11/04 with a 971 notice issued same day, followed by the 290 additional tax assessed on 11/11 (cycle 20244305). I also had a refund freeze (810) code dated 03/16/2024 with $0.00 amount. Anyone know what comes next in this sequence? Getting really anxious about my refund timeline with all these back-and-forth adjustments and the recent 290/291 activity. Will I finally get my refund soon? The 291 seems to have removed my original tax assessment completely, but I'm not sure what the 290 with $0.00 means afterward.

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15 comments

Nora Brooks

The transcript shows a complex sequence of tax adjustments throughout 2024. Your original tax return (code 150) filed in May 2024 showed a tax liability of $1,365.00. You had significant withholdings totaling $8,973.00 (two 806 codes: $6,818.00 and $2,155.00 from W-2s) and three separate credits totaling $13,982.00 (766 codes: $679.00, $6,482.00, and $6,821.00). However, these credits were later reversed through 767 codes ($6,821.00, $6,482.00, and $673.00), suggesting an initial error or adjustment. A refund freeze (810) was placed in March, and you filed an amended return (977) that was accepted for processing (971) on July 13. The recent activity is particularly significant: The 291 code on 11/04 showing -$1,365.00 indicates the IRS removed your original tax assessment completely. This was followed by a 290 code with $0.00 on 11/11 (cycle 20244305), typically indicating the IRS has completed their review and adjustments. The sequence of a 291 removal followed by a 290 assessment often signals the final stages of processing, though the $0.00 amount on the 290 suggests they're still finalizing the exact figures. The 971 notice issued on 11/04 should provide more details about these adjustments.

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Clarissa Flair

Looking at your transcript, the 291 removing your original $2,365 tax assessment followed by a $0.00 290 is actually a good sign! This usually means the IRS has determined you don't owe that tax anymore after reviewing your amended return. The $0.00 on the 290 suggests they're finalizing calculations. With all your withholdings ($11,173 total) and the tax being removed, you should be looking at a decent refund once they release that 810 freeze. Keep checking your transcript for a 846 refund issued code - that's what you're waiting for next!

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