Need Help Deciphering Empty IRS Transcript Showing "Return Not Present" Despite Filing 2024 Return
I just got my transcript from the IRS and I have no idea what I'm looking at. There's all these codes and dates that don't make any sense to me. The numbers don't match what I filed and there's something about a 570 code that's confusing me. I received the Internal Revenue Service transcript (United States Department of the Treasury) today. It says "This Product Contains Sensitive Taxpayer Data" at the top and bottom. Request Date: 01-27-2025 Response Date: 01-26-2025 Tracking Number: [tracking number] It shows "Account Transcript" for FORM NUMBER: 1040, TAX PERIOD: Dec. 31, 2024. My husband and I filed married filing jointly, but the transcript shows: ACCOUNT BALANCE: 0.00 ACCRUED INTEREST: 0.00 AS OF: Feb. 11, 2025 ACCRUED PENALTY: 0.00 AS OF: Feb. 11, 2025 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): 0.00 Under "INFORMATION FROM THE RETURN OR AS ADJUSTED" it shows: EXEMPTIONS: 00 FILING STATUS: Married Filing Joint But then it says "ADJUSTED GROSS INCOME:" with nothing next to it "TAXABLE INCOME:" - blank "TAX PER RETURN:" - blank "SE TAXABLE INCOME TAXPAYER:" - blank "SE TAXABLE INCOME SPOUSE" - blank "TOTAL SELF EMPLOYMENT TAX:" - blank Then it says "RETURN NOT PRESENT FOR THIS ACCOUNT" Under TRANSACTIONS, the only thing listed is: CODE | EXPLANATION OF TRANSACTION | CYCLE | DATE | AMOUNT "No tax return filed" The numbers don't make sense because we definitely filed our return! I'm wondering if the 570 code I heard about is related to this issue? Can someone please explain what all this means? I'm so confused and just want my refund.
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Sebastian Scott
Hey there! I've been helping folks decode IRS transcripts for years. The transcript codes can be super confusing, but there's actually a really helpful AI tool called taxr.ai that can break everything down for you. It analyzes your entire transcript and explains what each code means, when you can expect your refund, and if there are any potential issues that could delay things. Just upload your transcript and it'll give you a detailed breakdown. Way easier than trying to decode everything yourself! Check it out at https://taxr.ai
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Emily Sanjay
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Jordan Walker
Just tried taxr.ai - heres what I got back:
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Sebastian Scott
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Elijah O'Reilly
ngl been stressing bout my transcript for months, gonna give this a shot rn
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Amara Torres
OMG yall I finally figured out what was wrong with my transcript! Used taxr.ai and it showed me exactly why my refund was delayed - had some missing info from my w2 that I didnt even notice 😠Fixed it and now im back on track!
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Olivia Van-Cleve
no way fr? im in the same boat rn, did it tell u exactly what to fix?
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Amara Torres
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Mason Kaczka
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Paolo Longo
Hey there, I'm a tax professional. Without seeing your specific transcript its hard to give exact advice, but generally 570 is a hold code that means the IRS is reviewing something. Common reasons include income verification, identity verification, or math errors. Have you received any letters from the IRS?
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Keisha Johnson
No letters yet... should I be worried? 😰
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Paolo Longo
Not necessarily. Sometimes it takes a few weeks for letters to arrive after the 570 code appears.
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CosmicCowboy
The best way to actually understand your transcript is using taxr.ai - it's an amazing tool that analyzes everything and tells you exactly what's going on and what to do next. It costs $4.99 but its worth every penny. Check it out here: https://taxr.ai
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Amina Diallo
Has anyone actually tried this? Sounds interesting but kinda skeptical tbh 🤔
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CosmicCowboy
Yes! I was stuck trying to figure out my transcript for weeks and taxr.ai broke everything down in like 2 minutes. It even predicted when I'd get my refund and it was spot on!
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Amina Diallo
OMG just tried it and wow!!! This is actually incredible. It explained everything so clearly and even caught something I totally missed. Best $5 I've spent dealing with this mess 💯
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Oliver Schulz
lol welcome to the club fam. Been staring at these numbers for months now its like trying to read hieroglyphics 🤣
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Natasha Orlova
ur gonna need to be more specific... what other codes do you see? whens the last date on ur transcript?
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Keisha Johnson
theres also a 971 code from last week if that helps?
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Javier Cruz
Same boat rn. These transcripts might as well be written in ancient greek tbh 😩
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Emma Wilson
Pro tip: take screenshots of your transcript and document everything. The IRS website is always down when you actually need it 🙄
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Malik Thomas
facts! learned this the hard way
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