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!

Looking at your transcript, this is actually moving in the right direction! The 767 code removing the $9,095 credit was likely correcting an initial processing error - sometimes the system applies credits that need to be adjusted later. The 290 with $0 is essentially a "no change" marker that appears when they finalize processing. And the 971 notice is probably just explaining these adjustments - not necessarily bad news. Your negative account balance of -$6,595 is what you should expect as your refund. I went through something similar last year and got my 846 refund code about 10 days after these adjustment codes appeared. The February freeze was probably just routine verification that's finally been cleared. Keep checking your transcript - you should see that 846 code soon!

I see you've got the classic adjustment codes showing up! Based on your transcript, this actually looks like progress. The 767 removing that $9,095 credit was probably correcting an initial processing error - the system sometimes applies credits that need adjustment later. The 290 with $0 amount is just a processing marker (not actual additional tax), and 971 means they're sending you an explanation letter. Your account balance of -$6,595 suggests that's what your refund should be. The February freeze (810) was likely routine verification that's now resolved. Keep checking for an 846 code in the next week or two - that'll show your actual refund date!