What does IRS Code 806 mean on my transcript? Need help understanding
Looking at my transcript and see code 806. Anyone know what this means? First time seeing this code and I'm worried its gonna delay my refund even more.
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Looking at my transcript and see code 806. Anyone know what this means? First time seeing this code and I'm worried its gonna delay my refund even more.
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12 comments
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Zara Rashid
Code 806 is your withholding amount - basically the tax that was taken out of your paychecks during the year. This is a normal code that everyone has on their transcript and isn't a delay indicator. It's actually a good thing because it shows how much you paid in throughout the year.
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Sean Doyle
omg thank you! was freaking out for nothing lol 😅
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Luca Romano
same boat, saw this code yesterday and thought it was another delay 🤦♀️
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Nia Jackson
hey guys instead of trying to decode these transcript codes yourself, try taxr.ai - its only a buck and it explains everything in plain english. saved me hours of googling https://taxr.ai
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Mateo Hernandez
Does it actually work? Been seeing it mentioned alot lately
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Nia Jackson
yeah its legit! just upload your transcript and it breaks down everything, even gives you estimated refund dates based on your codes
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Mateo Hernandez
just tried it and WOW game changer fr fr! Finally understand wtf is going on with my return 💯
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CosmicCruiser
its annoying how the IRS uses all these cryptic codes without explaining anything to us normies 🙄
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Aisha Khan
right?? like we're supposed to be tax experts or something
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Ethan Taylor
these codes are like trying to read hieroglyphics without the rosetta stone fr
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Yuki Ito
Check the amount next to the 806 code - should match your W2 box 2 total if you only had one job
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Sean Doyle
yep it matches exactly! thx for the tip
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