Help Understanding IRS Transcript Codes 150, 570, 971 After CP05 Review Letter - Filed Jan 16 and Still Pending

NeonNebula · 2025-01-19T08:00:00.000Z

My transcript is confusing me so bad. I see all these codes like 150, 570, 971 and different dates next to them. What do they mean? Got a CP05 letter last month but the transcript updated with new dates yesterday. I have no idea what I'm looking at tbh. I filed my taxes through TurboTax on Wednesday, Jan 16, 11:15 PM EST for both my Federal and Ohio returns. My filing status changed to "Pending" for both returns at the same time. My CreditKarma return was received by TurboTax on Wednesday, Jan 16, 10:56 PM EST and received by CreditKarma that same day. I can see in my TurboTax account: Federal Return Received by Turbo Tax: Wednesday, Jan 16, 11:15 PM EST Received by IRS: Pending Filing status changed to: Pending Wednesday, Jan 16, 11:15 PM EST Ohio Return Received by TurboTax: Wednesday, Jan 16, 11:15 PM EST Received by Ohio: Pending Filing status changed to: Pending Wednesday, Jan 16, 11:15 PM EST CreditKarma Return Received by Turbo Tax: Wednesday, Jan 16, 10:56 PM EST Received by CreditKarma: Wednesday, Jan 16, 10:56 PM EST But now when I look at my transcript, it's full of these codes (150, 570, 971) and dates that make zero sense to me. I received a CP05 letter last month saying they're reviewing my return, but my transcript just updated yesterday with new dates. I'm completely lost trying to understand what all these codes and dates mean or what's happening with my refund.