$5,784 HOH Refund on Hold - Code 570 from March 20 with EIC $3,533 - Will I Get My Money?
I see a negative balance of -$5,784.00 on my transcript dated March 20, 2023. I'm trying to understand what this means for my refund because I really need this money right now. Looking at my transcript in detail: ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ACCOUNT BALANCE: -$5,784.00 ACCRUED INTEREST: $0.00 AS OF: Mar. 21, 2023 ACCRUED PENALTY: $0.00 AS OF: Mar. 21, 2023 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): -$5,784.00 Under INFORMATION FROM THE RETURN OR AS ADJUSTED: EXEMPTIONS: 02 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: [blank] TAXABLE INCOME: [blank] TAX PER RETURN: [blank] SE TAXABLE INCOME TAXPAYER: $0.00 SE TAXABLE INCOME SPOUSE: $0.00 TOTAL SELF EMPLOYMENT TAX: $0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER): Apr. 16, 2023 PROCESSING DATE: Mar. 20, 2023 The transactions listed are: CODE EXPLANATION OF TRANSACTION - CYCLE - DATE - AMOUNT 150 Tax return filed - 20230905 - 03-20-2023 - $0.00 30211-449-79991-3 766 Credit to your account - 04-16-2023 - -$1,600.00 766 Credit to your account - 04-16-2023 - -$651.00 570 Additional account action pending - 03-20-2023 - $0.00 768 Earned income credit - 04-16-2023 - -$3,533.00 I'm concerned about the 570 code that shows "Additional account action pending" from March 20, 2023. Does this mean my refund is being held up? The negative balance shows I'm due a refund of $5,784.00, which includes my EIC of $3,533.00 plus those two credits of $1,600.00 and $651.00 that were dated April 16, 2023. I filed Head of Household with 2 exemptions, and my return was processed on March 20, 2023 (cycle 20230905). Anyone know what this 570 code means for my refund timeline? Will I still get the full amount shown? Really anxious about this as I'm counting on this money.
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Alfredo Lugo
Your transcript shows a total refund amount of $5,784.00, comprising three distinct credits: a $1,500 credit (likely Child Tax Credit), a $551 credit (potentially Additional Child Tax Credit), and $3,733 in Earned Income Credit. These credits are dated April 15, 2023, which is the standard credit application date for the 2022 tax year. Your return was processed on March 20, 2023 (cycle code 20230905), and you filed as Head of Household with 2 exemptions. The 570 code from March 20 indicates a temporary hold on your refund while the IRS reviews your return. This review process typically takes 4-8 weeks from the hold date. Important details from your transcript: - No interest or penalties have accrued - Your self-employment income shows as $0.00 - Your return was processed before the due date (April 15, 2023) - The transaction code 150 confirms your return was received and entered into the system The presence of both EIC and dependent-related credits (766 codes) aligns with your Head of Household filing status and exemptions claimed. While the hold may be frustrating, the good news is that all your credits have been calculated and entered into the system.
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Gianna Scott
•thanks for breaking this down! do you think calling the IRS would help speed things up?
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Alfredo Lugo
•Honestly, calling rarely helps with 570 codes unless its been more than 8 weeks. They'll just tell you to wait 🤷♂️
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Sydney Torres
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Kaitlyn Jenkins
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Sydney Torres
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Caleb Bell
•Just tried it - holy cow its amazing! Explained everything about my 570/971 combo that I've been stressing about for weeks 🙌
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Danielle Campbell
im in the exact same boat rn. 570 code since february and radio silence from irs 😤
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Rhett Bowman
Check your mail carefully! When I had a 570, it was because they needed to verify my identity. Took about 6 weeks total to resolve.
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Gianna Scott
•nothing in the mail yet but ill keep an eye out!
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Abigail Patel
The IRS is such a joke fr. Why they gotta hold ppls money like this smh
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Daniel White
•fr fr they got me stressed checking WMR every 2 seconds 😩
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Nolan Carter
u should check if u have a 971 code coming up next. usually follows the 570
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Josef Tearle
Looking at your transcript, the 570 code from March 20th typically indicates the IRS is reviewing your return for accuracy - this is pretty common with Head of Household filers claiming EIC, especially with the amount you're getting ($3,533). The good news is your refund amount of $5,784 is already calculated and shows as a credit balance. Since it's been several weeks already, you should expect movement soon. Keep checking your transcript weekly for a 971 code (notice issued) or 846 code (refund issued). The 971 usually comes first if they need additional verification from you. One thing I noticed - your transcript shows the credits dated April 16, 2023, but you mentioned this is from March 20, 2023. Just want to make sure you're looking at the right tax year's transcript (2022). If this timeline seems off, double-check you have the correct year selected. Most 570 holds resolve within 6-8 weeks without any action needed from you. Hang in there! 🤞
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