2023 IRS Transcript Shows $13,902 Credit & My Tax Details But States "No Tax Return Filed" - Will I Get My Refund?

I'm looking at my 2023 tax account transcript and I'm really confused about what it means for my refund status. The transcript shows I have a credit balance of -$13,902.00, but it's saying "No tax return filed." Here's what my Account Transcript shows: Form Number: 1040 Report for Tax Period Ending: 12-31-2023 Any minus sign shown below signifies a credit amount Account balance: -$13,902.00 Accrued interest: $0.00 As of: 04-15-2024 Accrued penalty: $0.00 As of: 04-15-2024 Account balance plus accruals (this is not a payoff amount): -$13,902.00 Exemptions: 01 ** Information from the return or as adjusted Filing status: Single Adjusted gross income: $61,106.00 Taxable income: $47,256.00 Tax per return: $395.00 SE taxable income taxpayer: $0.00 Total self employment tax: $0.00 Return due date or return received date (whichever is later): 04-15-2024 Processing date: 04-15-2024 TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT No tax return filed This Product Contains Sensitive Taxpayer Data I'm really confused because the transcript shows all my tax information - my filing status as Single, AGI of $61,106.00, taxable income of $47,256.00, and tax per return amount of $395.00 - but then under transactions it says "No tax return filed." Why would it have all my detailed tax information if no return was filed? And what does the credit balance of -$13,902.00 mean in this context? Will I still get my refund? The processing date and return due date both show 04-15-2024, so maybe that's relevant? I'm just confused about what this transcript is telling me about my refund status.

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Jackson Carter

The transcript shows a complex situation where the IRS has preliminary information about your tax situation but hasn't processed a complete return. The -$13,902.00 credit balance is significant, but the "No tax return filed" status indicates this is based on preliminary data rather than your actual tax return. Your reported figures include: - AGI: $61,106.00 - Taxable Income: $47,256.00 - Tax per Return: $395.00 - Filing Status: Single - No self-employment activity (shown by $0.00 SE tax) The dates shown (04-15-2024 for both processing and due date) are likely placeholder dates since they're set to the standard tax deadline. The presence of detailed income figures despite no return being filed suggests the IRS has received information returns (like W-2s or 1099s) and calculated preliminary figures. The large credit balance (-$13,902.00) with no accrued interest or penalties could indicate pending credits or withholdings that haven't been fully reconciled. Until your actual return is processed, these numbers should be considered preliminary estimates rather than final figures. The IRS is essentially showing they have your information but need your official return to finalize everything. For your refund status, you'll need to wait until an actual return is processed to know your true refund amount, as these preliminary figures may change significantly.

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