What Do IRS Codes 570 & 971 Mean on My Tax Transcript? $6,937 Refund Showing "Additional Action Pending" and "Notice Issued" for October

The transcript shows your tax return processing status through several key transaction codes. The $658 showing under code 150 represents your tax liability for the year, filed and to be processed on May 20, 2024. Your withholdings (code 806) total $6,937, which were credited as of April 15, 2024 - this represents the money already paid through your paychecks or other income sources. The appearance of both a 570 code (Additional account action pending) and a 971 code (Notice issued) indicates your return is under review. The 570 code dated May 20, 2024 has placed a temporary hold on your refund, while the 971 code shows the IRS will send you a notice on October 21, 2024 explaining why. The $0.00 amounts for these codes are normal - they're status indicators rather than monetary transactions. Based on the numbers shown, your expected refund calculation would be $6,937 (withholdings) minus $658 (tax liability) = $6,279. The review indicated by the 570/971 combination typically resolves within 60 days, though you should watch your mail for the explanation notice. The unique number sequence 30221-457-03146-4 is your Document Locator Number (DLN), which helps track your return through IRS systems.

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im in the same boat rn. got these codes last week 🤡 irs playing games with our money

570/971 combo usually means identity verification needed. check your mail and respond asap!

just went thru this. took about 8 weeks to clear up but i got my refund eventually

Call the tax advocate service! They helped me with my 570 situation last month

I went through something similar last year. The 570 code basically puts your refund on hold while they review something - could be identity verification, math errors, or just random selection. The 971 notice should explain exactly what they need. In my experience, if you respond quickly to whatever they're asking for, it usually resolves within 4-6 weeks. Don't panic yet - most people do get their refunds, just with some delays. Keep checking your transcript weekly for updates!

The 570 and 971 codes can definitely be nerve-wracking when you first see them! I had these exact same codes last year and went through the whole process. The 570 code means your refund is temporarily on hold while the IRS reviews something in your return - it's not necessarily bad news, just means they need to verify something before releasing your money. The 971 code with the October date means they issued (or will issue) a notice explaining what they need. Since it's dated 10-22-2024, you should be getting a letter soon if you haven't already. This could be anything from identity verification (very common) to them needing additional documentation about your income or deductions. Your refund calculation looks correct based on what you've shared - $7,037 in withholdings minus your tax liability should give you a substantial refund. The key is responding quickly to whatever letter they send you. In my case, it was just identity verification through their online portal, and once I completed that, my refund processed within about 6 weeks. Keep checking your transcript weekly for updates and watch your mail closely. Most people with 570/971 codes do get their refunds - it's just a matter of patience and responding promptly to their requests. You've got this!

Hey, I just wanted to chime in since I literally went through this exact scenario about 6 months ago - same codes, similar amounts, and the same panic! The 570/971 combo is super common and usually resolves fine, though I know it doesn't feel that way when you're staring at your transcript. From your numbers, it looks like you should be getting a refund of $6,279 ($7,037 withholdings - $1,658 tax liability), not the full $7,037. The 570 code from May means they put a hold on processing your refund right away, and the 971 from October means they're sending you a notice explaining why. In my case, the letter took about 10 days to arrive after the 971 date, and it was requesting identity verification through their ID.me portal. Once I completed that (took maybe 15 minutes online), my transcript updated with a 571 code (reversal of the 570) within about 4 weeks, and I got my refund deposit 2 weeks after that. The waiting is definitely the hardest part, but try not to stress too much - the vast majority of these reviews resolve in the taxpayer's favor. Just keep checking your mail and respond immediately when that letter comes. You've got this! 💪