Please help . I already verified and finally got my transcript updated and no longer showing N/A . But now it shows those codes . When can I expect refund .and letter

fr fr this tool sounds helpful. my transcripts look like hieroglyphics to me 😭

yo i actually tried taxr.ai last week when i was stuck with these same codes! lemme show yall what it told me about my situation: deadass saved me from having an anxiety attack 💅

does it actually work tho? been burned by too many fake solutions before 🤔

on god its legit! helped me figure out exactly why i was delayed and what to do next. way better than calling irs and being on hold for 2hrs just to get hung up on 🤡

same boat here fam. those 570/971 codes had me stressing but taxr broke it down real nice. worth every penny tbh

Quick tip: make sure you upload both your transcript and any notices you've gotten - it helps the AI give you more accurate predictions for your refund timeline!

bruh im in this exact situation rn...anyone know how long it usually takes after getting these codes?

depends on your specific situation tbh. taxr can give you a pretty accurate timeline based on your exact codes and dates. ive seen anywhere from 2-8 weeks typically

bet, ima check it out. tired of playing the waiting game fr fr 😤

Let's break down the new codes you see on your IRS tax transcript and what they mean in the context of your tax return and refund status: Code 150 (Tax return filed): Explanation: Indicates that the IRS has received and processed your tax return. Cycle Date: 20242105 (IRS processing cycle number). Date: 06-10-2024. Amount: $0.00 (usually indicates the tax due per the return). Code 806 (W-2 or 1099 withholding): Explanation: Reflects the total amount of federal income tax withheld from your wages or other income. Date: 04-15-2024. Amount: -$783.00 (a credit to your account reducing your tax liability). Code 766 (Credit to your account): Explanation: Represents credits applied to your tax account. This can include credits such as the Earned Income Credit or other tax credits that reduce your overall tax liability. Date: 04-15-2024. Amount: -$1,000.00 (another credit applied to your account). Code 424 (Examination Request): Explanation: Indicates that your return has been flagged for further review or audit. This does not necessarily mean there is an issue but that the IRS wants to examine certain aspects of your return more closely. Date: 05-23-2024. Amount: $0.00 (typically does not involve an immediate financial change but signals a review). Code 810 (Refund freeze): Explanation: Indicates that your refund has been temporarily frozen, usually pending further review or verification of information. Date: 06-10-2024. Amount: $0.00 (no immediate financial change but affects the refund process). Code 811 (Removed refund freeze): Explanation: Indicates that the freeze on your refund has been lifted, meaning the IRS has completed its review and can proceed with issuing your refund. Date: 06-10-2024. Amount: $0.00 (signals a status change allowing for refund processing). Code 846 (Refund issued): Explanation: Indicates that the IRS has processed and issued your refund. Date: 05-30-2024. Amount: $783.00 (the amount refunded to you). Summary: Your tax return has been processed, and you have credits applied to your account reducing your overall tax liability. Your return was flagged for an examination, possibly resulting in a temporary freeze on your refund. The freeze was removed, and your refund was issued on May 30, 2024. The amount of $783.00 was refunded to you, which reflects the net amount after accounting for your tax credits and withholdings. It's common for refunds to be temporarily delayed due to identity verification or further review. The codes indicate that the IRS completed these checks and has now issued your refund. If you haven't received it yet, it should be on its way.

Okay thank you so much for your prompt help. I guess now the part confusing me is my credit of 1000 seems to have disappeared since these new codes popped up and I don’t see any indicators on why

Also should I be concerned about the dates attached to these codes being dated for the future?

I understand your concerns regarding the credit of $1,000 and the future-dated codes. Let's address each issue separately: 1. Disappearing $1,000 Credit The $1,000 credit you initially saw might seem to have "disappeared" due to the sequence of transactions recorded on your transcript. Here’s what might have happened: Initial Credit: The $1,000 credit (Code 766) was applied to your account to reduce your overall tax liability. Refund Issued: After applying all credits and withholdings, the IRS calculated the amount to be refunded to you, which was $783.00 (Code 846). Adjustment/Offset: There might have been an adjustment or offset that isn’t immediately clear from the provided transcript snippets. This could include prior debts being paid off or other adjustments the IRS made during the examination process. The key point is that the credits and withholdings reduced your tax liability, and the remaining amount was issued as a refund. The $1,000 credit wasn't "lost" but was part of the overall calculation that led to your final refund amount. 2. Future-Dated Codes It’s not unheard of to see future dates on IRS transcripts. Processing Lag: The IR sometimes show future dates due to processing lags or batch processing cycles. This could be a way for the IRS to track upcoming actions or anticipated processing dates. System Updates: The dates might indicate when the system is expected to complete certain processes or reflect the next scheduled update. Next Steps and Recommendations Verify with the IRS: To get a clear explanation of what happened to the $1,000 credit and ensure there are no outstanding issues, you can contact the IRS directly. They can provide specific details on your account and any adjustments that were made. Monitor for Updates: Keep an eye on your IRS account and WMR (Where's My Refund) for any further updates or changes. Documentation: Make sure to keep all documentation related to your tax return, communications with the IRS, and any notices you receive. This will help if any discrepancies need to be resolved. Tax Resolution Help: If the situation remains unclear or if you need further assistance, consider consulting with a tax resolution specialist who can help interpret your transcript and advocate on your behalf with the IRS.

Based on the information provided, here’s what you need to know about your current situation with the IRS, particularly focusing on the appeal rights and the refund status: Current Situation Return Status: IRS2Go App: Your return is being reviewed, and there is a mention of Tax Topic 151, which deals with your rights to appeal any adjustments or disputes the IRS may have regarding your tax return. Transcript: Indicates a refund of $783.00 was issued on 05-30-2024, but there were also codes indicating your return had been flagged for examination and there were penalties and interest assessed. Understanding Tax Topic 151 Tax Topic 151: This means the IRS has identified an issue with your tax return that they believe needs further review or adjustment. The IRS is giving you the right to appeal any findings or proposed adjustments. Administrative Appeals Process: This is an opportunity for you to dispute the IRS's findings without going to court. The IRS Independent Office of Appeals will review the case and attempt to resolve the dispute fairly. What to Expect: You will receive a report or letter explaining the IRS’s proposed adjustments. This letter will also inform you of your right to request a conference with an Appeals or Settlement Officer. Next Steps Read the Upcoming Notice: Wait for the official IRS correspondence that explains the proposed adjustments and your appeal rights. This notice will provide detailed instructions on how to proceed. Prepare Documentation: Gather any records and documentation that support your position in case you need to present them during an Appeals conference. Request an Appeals Conference: If you disagree with the IRS’s proposed adjustments, you can request an informal conference with an Appeals Officer. You can represent yourself or have someone represent you. Monitor Refund Status: Continue to check your bank account for the refund of $783.00 as indicated on your transcript. It’s possible that while your return is under review, the refund was still processed. Summary Refund Issued: Your transcript shows a refund was issued on 05-30-2024. Return Under Review: The IRS2Go app indicates your return is being reviewed and mentions Tax Topic 151, which relates to your right to appeal. Await Notice: You will receive a notice detailing any proposed adjustments and your rights to appeal. While your return is under review, and there might be adjustments proposed by the IRS, the fact that a refund was issued suggests that at least part of your return has been processed favorably. Keep an eye on your mail for the IRS notice and be prepared to take action if you need to appeal any adjustments.

i was wondering, since i am answering a lot of these questions myself. What if I built a private chat app that you could upload these screenshots and talk to a tax transcript AI. Would you use something like that? would something like that be useful for everyone?

Based on the documents provided, here is an explanation of your current situation: IRS Transcript: Account Balance: -$9,076.46 (credit amount) Code 150 (Tax return filed): Indicates your tax return was processed. Code 810 (Refund Freeze): Indicates your refund was initially frozen. Code 766 (Credit to your account): Reflects credits applied to your account. Code 176 (Penalty for not pre-paying tax): Penalty applied for not pre-paying estimated taxes. Code 971 (Notice issued): Corresponds to the CP30 notice sent. CP30 Notice: Summary: Your refund was reduced due to a failure to pre-pay estimated taxes, resulting in a penalty. Refund Due: $9,076.46 Processing Date: June 17, 2024 Instruction: States that you should receive your refund within 4-6 weeks if you don’t owe other taxes or debts. Key Points Refund Reduction: Your refund was reduced due to penalties for not pre-paying estimated taxes. Refund Status: You should expect to receive your refund within 4-6 weeks from June 17, 2024. Credits and Penalties: The credits to your account and penalties applied have been appropriately recorded in your transcript. Next Steps Monitor Your Refund Status: Continue to check the IRS "Where's My Refund?" tool for updates on your refund status. Ensure that your mailing address and direct deposit information are correct to avoid any delays. Contact the IRS if Needed: If you do not receive your refund within the specified 4-6 weeks, contact the IRS again for an update. If you're having trouble reaching the IRS on the phone check out the video I made: https://youtu.be/OJRHKjXNJMg Mention the details from your CP30 notice and your account transcript to help the representative assist you more effectively. Documentation: Keep all documents, including the CP30 notice and any correspondence with the IRS, for your records. Ensure that any communications are well-documented, including dates, names of representatives, and reference numbers. Summary Refund Due: $9,076.46 Expected Timing: 4-6 weeks from June 17, 2024 Action: Monitor your refund status and contact the IRS if there are any delays beyond the expected timeframe. By following these steps, you should be able to receive your refund within the expected period. If further issues arise, having detailed records will help in resolving them efficiently.

I'm going through something super similar right now! Filed in February and just got done with verification last month. My transcript finally updated from N/A but now showing those same 570/971 codes. It's been about 3 weeks since they appeared on mine and still waiting 😩 The uncertainty is killing me - like I just want to know if I need to do anything else or if it's just a waiting game at this point. Did you get your notice yet? Mine still hasn't shown up in the mail which is making me even more anxious about the whole thing

@Seraphina Delan I m'in almost the exact same boat as you! Filed in early March, did verification in April, and got those same codes about 2 weeks ago. Still no notice in the mail either which is driving me crazy 😫 I called the IRS last week and they basically just said wait "for the notice but" couldn t'give me any timeline. At this point I m'checking my mailbox like 3 times a day lol. The not knowing is honestly worse than just waiting - like are we good to go or is there another hoop to jump through? Really hoping we both see some movement soon because this limbo is exhausting!

Ugh same here Victoria! 😭 Filed in January and been stuck in this verification/code nightmare since March. Just got those 570/971 codes last week after FINALLY getting off the N/A status. The waiting is seriously killing me - I keep refreshing my transcript like it's gonna magically change every hour lol. What's really getting to me is everyone saying different timelines...like some people get their refund 2 weeks after these codes show up and others are waiting months? Makes it impossible to know what to expect. Really hoping that notice comes soon for all of us because this limbo is exhausting! At least we're all suffering together 😅 Keeping my fingers crossed we see some movement before summer ends!

Hey Lukas! I'm seeing a lot of people in similar situations lately - it's so frustrating when you do everything right but still get stuck in limbo! 😫 The 570 code means there's a hold for additional review, and 810 is specifically a refund freeze. Since you verified in person on August 1st and your WMR updated on August 7th, that shows the system recognized your verification which is good! The fact that you're not getting any notices might actually be a positive sign - sometimes they just need time to process everything internally after verification without needing anything else from you. I've seen cases where people wait 4-12 weeks after in-person verification before seeing movement, especially with those specific codes. I'd definitely keep checking your transcript weekly for any new codes or changes. You're looking for the 570/810 to clear and hopefully see an 846 (refund issued) eventually. The waiting after verification is honestly the worst part because you've done everything they asked but still have to sit tight. If you hit the 16+ week mark from your original filing date, that's when you can usually get more help from Taxpayer Advocate Service. But since you verified recently in August, you're probably still within their normal processing timeframe unfortunately. Hang in there - you should see some movement soon! 🤞