IRS Transcript Shows $0 Balance and "No Tax Return Filed" - What Does This Mean for My 2023 Account?

I just pulled my IRS transcript and I'm really confused about what it means. The transcript shows the following information: ACCOUNT BALANCE: $0.00 ACCRUED INTEREST: $0.00 AS OF: Mar. 14, 2023 ACCRUED PENALTY: $0.00 AS OF: Mar. 14, 2023 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): $0.00 ** INFORMATION FROM THE RETURN OR AS ADJUSTED EXEMPTIONS: 00 FILING STATUS: Single ADJUSTED GROSS INCOME: [blank] TAXABLE INCOME: [blank] TAX PER RETURN: [blank] SE TAXABLE INCOME TAXPAYER: [blank] SE TAXABLE INCOME SPOUSE: [blank] TOTAL SELF EMPLOYMENT TAX: [blank] RETURN NOT PRESENT FOR THIS ACCOUNT TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE No tax return filed This Product Contains Sensitive Taxpayer Data What's really confusing me is that it says "RETURN NOT PRESENT FOR THIS ACCOUNT" and under Transactions it explicitly states "No tax return filed." But it does show my filing status as "Single" and Exemptions as "00". Almost all the important fields are completely blank though - no Adjusted Gross Income, no Taxable Income, no Tax Per Return, and nothing for Self Employment Tax. I'm concerned about what this actually means. Does this indicate that the IRS hasn't received my tax return at all? Or is there something wrong with my account? Should I be worried about this "No tax return filed" message even though my account balance is $0.00? Does this mean I'm in good standing or potentially in trouble?

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14 comments

Chris Elmeda

The transcript data shows a completely empty tax record for this period. While your account balance and all accruals (interest and penalties) are $0.00 as of March 13, 2023, this isn't necessarily positive news - it simply means there's no activity to assess. The key concern is that most critical fields are blank, including Adjusted Gross Income, Taxable Income, and Tax Per Return. Only minimal demographic information is populated (Filing Status: Single, Exemptions: 00). The statement "RETURN NOT PRESENT FOR THIS ACCOUNT" combined with "No tax return filed" in the transactions section definitively indicates the IRS has no record of receiving your tax return for this period. The system is essentially showing an empty account rather than a processed return. If you believe you filed a return, you'll need documentation to prove submission: - For e-filing: Your electronic confirmation number - For paper filing: Your certified mail receipt or proof of mailing This situation requires prompt attention since missing returns can lead to future complications with the IRS. It's advisable to contact the IRS directly to resolve this discrepancy and either confirm your filing status or submit any missing returns.

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