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Why Do My 2021 IRS Transcripts Show Six Unclaimed $800 Monthly Refunds (Jul-Dec) Plus a $12,199 Refund in Feb 2022?

Looking at my 2021 transcript and I'm confused. I'm seeing multiple $800 refunds being issued throughout 2021 starting from July through December, but I never received any of this money. Looking at the exact transcript entries: 971 Notice issued - 04-01-2021 - $0.00 971 Notice issued - 05-24-2021 - $0.00 Then starting in July, I see this pattern repeating every month: 766 Credit to your account - 07-19-2021 - -$900.00 846 Refund issued - 07-15-2021 - $900.00 290 Additional tax assessed - 20212605 07-19-2021 - $0.00 16254-999-05031-1 766 Credit to your account - 08-23-2021 - -$900.00 846 Refund issued - 08-13-2021 - $900.00 290 Additional tax assessed - 20213005 08-16-2021 - $0.00 16254-999-05011-1 290 Additional tax assessed - 20213105 08-23-2021 - $0.00 16254-999-05032-1 766 Credit to your account - 09-20-2021 - -$900.00 846 Refund issued - 09-15-2021 - $900.00 290 Additional tax assessed - 20213505 09-20-2021 - $0.00 16254-999-05033-1 766 Credit to your account - 10-25-2021 - -$900.00 846 Refund issued - 10-15-2021 - $900.00 290 Additional tax assessed - 20214005 10-25-2021 - $0.00 16254-999-05034-1 766 Credit to your account - 11-22-2021 - -$900.00 846 Refund issued - 11-15-2021 - $900.00 290 Additional tax assessed - 20214405 11-22-2021 - $0.00 16254-999-05035-1 766 Credit to your account - 12-20-2021 - -$900.00 846 Refund issued - 12-15-2021 - $900.00 290 Additional tax assessed - 20214805 12-20-2021 - $0.00 16254-999-05036-1 Then in 2022, there's even more confusion - I see these credits: 766 Credit to your account - 04-15-2022 - -$5,800.00 766 Credit to your account - 04-15-2022 - -$4,000.00 768 Earned income credit - 04-15-2022 - -$5,399.00 846 Refund issued - 02-24-2022 - $13,199.00 This Product Contains Sensitive Taxpayer Data Can someone explain what all these transactions mean? Should I be worried about these monthly $900 refunds that I never received? Why do they keep showing up with credits and assessments? And what's with all those 16254-999-number codes after each additional tax assessed line? The pattern is so consistent each month but I definitely didn't receive six different $900 refunds in 2021. Also confused about the large refund in February 2022 - I did receive a tax refund but I'm not sure if it matches this $13,199 amount shown in the transcript.

StarSailor

The transcript shows a clear pattern of Advanced Child Tax Credit (ACTC) payments that were scheduled throughout 2021. From July through December, there were six identical monthly cycles, each consisting of: - A $800 credit (code 766) - A corresponding $800 refund issuance (code 846) - An additional tax assessment (code 290) with sequential cycle numbers These monthly $800 payments total $4,800, which appears again as a lump sum credit in April 2022, along with an additional $3,000 credit and a $4,399 Earned Income Credit. These combined credits ($4,800 + $3,000 + $4,399) match exactly with the $12,199 refund issued on February 24, 2022. The early 2021 notices (code 971) issued in April and May likely relate to the initial ACTC eligibility notifications. Each monthly cycle has a unique reference number (format: 16254-999-050XX-1) and cycle number (2021XXXX), indicating these were systematic, scheduled transactions. Since you mention never receiving these payments, this is a serious discrepancy that requires immediate attention. These records indicate the IRS believes they issued you both monthly ACTC payments and a substantial refund. You should contact the IRS directly and possibly review your bank statements from these specific dates to trace these payments.

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Sofia Morales

omg thank you for explaining! how do I prove I never got these payments?

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StarSailor

You'll need to request your wage and income transcripts and account transcripts for 2021. Also check your bank statements from those months.

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Dmitry Ivanov

Hey, I had a similar issue and was super confused until I used taxr.ai - it analyzed my transcript and explained everything in detail. It costs $1 but totally worth it, showed me exactly what was happening with these payments and what to do next. Here's the link: https://taxr.ai

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Ava Garcia

Is this legit? Seems too good to be true 🤔

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Dmitry Ivanov

100% legit! It saved me hours of research and confusion. The AI breaks everything down and even tells you what forms you need

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Ava Garcia

Just tried it - holy cow youre right! This is amazing 🙌 It explained everything about my transcript in like 2 minutes

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Miguel Silva

Looks like advance CTC payments. Same thing happened to me last year smh

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Zainab Ismail

the irs is such a mess rn fr fr 🤡

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Connor O'Neill

facts 💯 been waiting on my refund since february

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QuantumQuester

You need to call them asap! This could affect your future refunds if not fixed

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Sofia Morales

ugh the phone lines are impossible to get through 😫

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QuantumQuester

try calling right when they open, usually better luck then

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Yara Nassar

def check ur bank statements for those dates. sometimes they come from different names not just 'IRS'

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