When Will Amended Return Process After March Freeze Code, Credit Adjustments, and Recent 291 Code Removing Tax Assessment?

I'm looking at my transcript and there's a lot of activity going on that I'm trying to understand. I filed my return as Head of Household in April 2024 (processing date May 20, 2024) with an Adjusted Gross Income of $22,499.00 and taxable income of $1,699.00. My initial tax per return was $1,365.00. I also had SE Taxable Income (Taxpayer) of $6,979.00 and SE Taxable Income (Spouse) of $0.00 with Total Self Employment Tax of $0.00. According to my transcript, my return due date or return received date (whichever is later) was Apr. 15, 2024 with a processing date of May 20, 2024. Here's what I'm seeing in the transactions section: - CODE 150: Tax return filed (CYCLE 20241805) on 05-20-2024 for $1,365.00 (Reference #75221-453-17426-4) - CODE 806: W-2 or 1099 withholding on 04-15-2024 for -$6,818.00 - CODE 810: Refund freeze on 03-14-2024 for $0.00 - CODE 766: Credit to my account on 04-15-2024 for -$679.00 - CODE 766: Credit to my account on 04-15-2024 for -$6,482.00 - CODE 766: Credit to my account on 04-15-2024 for -$6,821.00 Then I amended in July: - CODE 971: Amended tax return or claim forwarded for processing on 07-13-2024 for $0.00 - CODE 977: Amended return filed on 07-13-2024 for $0.00 (Reference #33277-599-04516-4) After that, there were credits removed: - CODE 767: Reduced or removed credit to my account on 04-15-2024 for $6,821.00 - CODE 767: Reduced or removed credit to my account on 04-15-2024 for $6,482.00 - CODE 767: Reduced or removed credit to my account on 04-15-2024 for $673.00 Additional entries: - CODE 806: W-2 or 1099 withholding on 04-15-2024 for -$2,155.00 - CODE 291: Reduced or removed prior tax assessed on 11-04-2024 for -$1,365.00 (Reference #18254-684-07292-4) - CODE 971: Notice issued on 11-04-2024 for $0.00 With all this back and forth activity and the freeze from March, anyone know what this means for timing? I'm particularly confused about why all the credits were added and then removed, and what the recent 291 code means with "Reduced or removed prior tax assessed" from 11-04-2024. Really hoping to see something by November. This waiting and all these adjustments are making me anxious. The transcript says "This Product Contains Sensitive Taxpayer Data" at the bottom, which makes me even more concerned about what's happening with my return.

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13 comments

Esteban Tate

Your transcript shows a Head of Household tax return with an AGI of $22,499 and taxable income of $1,699, initially processed on May 20, 2024. The original tax assessment was $1,365 (code 150). There was significant withholding reported - $6,818 and $2,155 from W-2s/1099s (code 806) - which typically indicates multiple income sources. Several credits were initially posted on April 15, 2024 (code 766): $679, $6,482, and $6,821, totaling $13,982. However, these credits were subsequently reversed (code 767) - likely due to the amended return you filed in July (shown by codes 971/977 on July 13). The presence of self-employment income ($6,979) on your transcript suggests this may have impacted credit eligibility. The refund freeze (code 810) from March 14, 2024, indicates the IRS held processing for review. However, the recent code 291 on November 4 showing a reduction of $1,365 in tax assessed, combined with a notice issued the same day (code 971), suggests the review is complete and adjustments are being finalized. Based on these transaction codes and dates, your amended return processing appears to be nearing completion. Standard processing time for amendments is up to 20 weeks from the July 13 filing date, putting expected completion in late November or early December.

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