Why Is IRS Reducing My 2022 Refund by $2,006? 570 Code With $13,065 vs $11,059 Discrepancy on Transcript

I'm looking at my 2022 transcript and noticed a 570 code. What's concerning me is the difference between what I calculated versus the IRS computer figures. Looking at page 5 of 9 from my transcript under the "Amount Owed" section: REFUNDLAMOUNT: $-13,065.00 ESTIMATED TAX CREDIT APPLIED TO NEXT YEAR: $0.00 ESTIMATED TAX PENALTY: $0.00 TAX ON INCOME LESS STATE REFUND PER COMPUTER: $0.00 BAL DUE/OVER PYMT USING TP FIG PER COMPUTER: $-13,065.00 BAL DUE/OVER PYMT USING COMPUTER FIGURES: $-11,059.00 FORM 8888 TOTAL REFUND PER COMPUTER: $0.00 As you can see, there's a $2,006 difference between what I calculated ($13,065.00) and what the IRS computer is showing ($11,059.00). This is really concerning me since it's a significant amount. Could this $2,006 discrepancy between my figures and the IRS computer calculations be the reason for the 570 code? I've been checking my mail daily but haven't received any notices from the IRS yet explaining the difference. I'm really worried about what's causing this and how it might affect my refund timing. I double-checked my calculations multiple times before filing, so I'm confused about where this difference might be coming from. The transcript clearly shows both amounts but doesn't explain the discrepancy. Is this a common issue with the 570 code? Will I eventually receive the lower amount or will the IRS send a notice explaining the adjustment?

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Carmen Vega

The transcript shows a clear discrepancy between your self-calculated refund amount of $13,065.00 and the IRS computer-calculated amount of $11,059.00. The negative signs (-) before both amounts confirm these are refunds rather than amounts owed. The $2,006 difference has triggered a 570 code, which is a temporary freeze on your account while the IRS reviews the discrepancy. Several key lines in your transcript are showing $0.00, including: - No estimated tax credit being carried forward to next year - No estimated tax penalties assessed - No additional tax on state refund income - No split refund requests via Form 8888 This pattern of zeros suggests the difference likely stems from a calculation discrepancy rather than penalties or adjustments. The IRS's computer system has identified a specific mathematical variance in your return, which is why they've placed the hold (570 code) to investigate the difference. You should receive a formal notice detailing the specific adjustments within about 30 days.

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