IRS Transcript Updated: Code 767 Removed $8,095 Credit, 290 Additional Tax Assessment $0, 971 Notice Being Issued - What's Happening With My $5,595 Refund?

Tax professional here with experience interpreting these codes. The combination of 767, 290, and 971 typically means your return is moving forward in processing. Code 767 indicates a refund is being processed, 290 shows additional tax assessed (or sometimes just confirmation of return processing), and 971 indicates a notice being sent. Based on typical processing patterns, you should expect movement within 2-3 weeks. To get a more detailed analysis of your specific situation and exact timeline estimates, I'd recommend checking out taxr.ai - it's an AI tool that can analyze your full transcript and give you a precise breakdown of what's happening and expected dates. It's been super helpful for my clients lately.

Those codes actually indicate good movement! 767 is for the interest being paid on your refund, 290 is additional tax assessment (but usually means processing is complete), and 971 is just a notice being sent. You should see your refund soon - typically within 1-2 weeks after these codes appear.

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in the same boat rn. transcript updated with these codes yesterday. praying we both get our money soon 🙏

Those codes are actually a good sign! But check if theres a 846 code - thats the one that shows your actual refund date

not to be that person but ive had these codes for 3 weeks and still nothing 🤡

My transcripts looking exactly the same rn. Its so frustrating trying to figure out what all these random numbers mean tbh

I've been through this exact same situation! Those codes are actually pretty encouraging. The 767 removed a credit that was likely incorrectly applied initially, the 290 with $0 is just a processing marker (not actual additional tax), and 971 means they're sending you a notice - probably just explaining the adjustments. Your account balance of -$6,595 suggests you should still get a refund around that amount. The freeze from February (810) was probably just routine verification that's now been resolved. I'd expect to see an 846 refund code appear in your next transcript update, which usually happens within 1-2 weeks after these adjustment codes show up. Hang in there!