What does IRS Transcript Code 150 mean? Need help understanding my tax return status

Code 150 is the tax return filed and entered into the IRS system. It shows the tax liability amount for the tax year. This is actually a good sign - it means the IRS has processed your return and recorded your tax liability. The amount next to the 150 code is your total tax liability for the year before any credits or withholdings are applied.

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saw this on my transcript too but mine has a negative amount next to it. Anyone know what that means?

lol welcome to the wonderful world of IRS codes. Soon youll be speaking their language 🤣

these transcripts are like trying to read hieroglyphics fr fr

anybody else notice how many more codes there are this year compared to last year? my transcript looking like a whole novel rn