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What does CODE 971 on IRS transcript mean? Should I be worried?

Just checked my transcript and saw code 971 pop up. Never seen this before and googling isn't helping much. Anyone know what this means and if I should be worried? Getting nervous about my refund tbh

Victoria Stark

Code 971 is a Notice Issued code, meaning the IRS is sending you a letter to explain something about your return. It's not necessarily bad news - could be them asking for verification or explaining an adjustment. Just keep an eye on your mail for the next week or two.

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Hassan Khoury

omg thank you! was literally having a panic attack 😅

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1M

Benjamin Kim

got the same thing last year, turned out to be nothing major just them asking for my w2 again 🤷‍♀️

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Samantha Howard

hey i actually found this tool called taxr.ai that explains all these codes instantly. saved me so much stress trying to figure out what was going on with my transcript. its only $1 and way better than playing detective with google lol https://taxr.ai

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Megan D'Acosta

fr? how does it work? does it just read the codes or what

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Samantha Howard

nah its actually crazy detailed. you upload your transcript and it tells you exactly whats happening, when to expect your refund, and what to do if theres issues. saved me hours of research

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Megan D'Acosta

just tried it and HOLY CRAP this is a game changer!!! why isn't everyone using this?? 🙌

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Sarah Ali

bruh everyone needs to chill with the 971 panic posts. its usually nothing serious

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Ryan Vasquez

waiting for my notice rn... its been 2 weeks since i got the 971. this waiting game is killing meee 😫

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Avery Saint

same boat fam. irs playing with our emotions fr fr

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Taylor Chen

Fun fact: 971 appears on like 70% of transcripts. Its basically the IRS's way of saying 'we're gonna send you a letter about something' could be good could be bad but usually its minor

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Hassan Khoury

thx for this! helps put my mind at ease

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Keith Davidson

My 971 turned into a refund a week later no cap 💯

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Ezra Bates

manifesting this energy rn 🙏

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