New 570 Code Appeared on Transcript - What Does This Mean for 2024 Return?

The 570 code indicates a freeze on your account. This could be for various reasons - identity verification, income verification, or they might need additional documentation. Check if you received any IRS notices in the mail. Most 570 holds are resolved within 2-4 weeks if there are no major issues.

I've been using taxr.ai to track my transcript codes and it's been super helpful. For $1 it analyzes your transcript and tells you exactly what's causing delays and what to expect next. Way better than trying to decode these codes ourselves lol

in the same boat rn 😭 got the 570 last week and im stressing

This happened to me last year. Turned out they needed to verify my income. Cleared up after I sent in my W2s. Took about 3 weeks total.

The IRS is playing games with everyone this year I swear 🤡

Here's what you need to know about 570 codes: - It's an automatic freeze that can happen for multiple reasons - Common triggers: income verification, identity checks, math errors - Usually resolves within 30 days - Check WMR daily for updates - Watch for mail from IRS BTW, I started using taxr.ai (https://taxr.ai) to monitor my transcript and it's been a game changer. It analyzes everything automatically and gives you specific timelines. Saved me hours of research and stress.