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Tobias Lancaster

$8,368 Refund Delayed - IRS Codes 570 and 971 on April 2023 Transcript with Processing Date 04-17-2023

I just checked my 2022 tax transcript and saw a 570 code (Additional account action pending) dated 04-17-2023 with a 971 notice issued on 04-24-2023. My refund is supposed to be $8,368.00 (which matches my account balance) but it's just sitting there. My return was processed on April 17, 2023 with a tax per return of $8,009.00 and withholdings of $16,377.00 (code 806). I pulled my transcript on 04-07-2023 and I'm confused about what's happening. Here's what's showing on my transcript: ACCOUNT BALANCE: -$8,368.00 ACCRUED INTEREST: $0.00 AS OF: Apr. 24, 2023 ACCRUED PENALTY: $0.00 AS OF: Apr. 24, 2023 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): -$8,368.00 INFORMATION FROM THE RETURN OR AS ADJUSTED: EXEMPTIONS: 01 FILING STATUS: Single ADJUSTED GROSS INCOME: $69,277.00 TAXABLE INCOME: $56,327.00 TAX PER RETURN: $8,009.00 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. 15, 2023 PROCESSING DATE Apr. 17, 2023 TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 20231305 04-17-2023 $8,009.00 30221-418-88158-3 806 W-2 or 1099 withholding 04-15-2023 -$16,377.00 570 Additional account action pending 04-17-2023 $0.00 971 Notice issued 04-24-2023 $0.00 Everything looks normal to me - I'm filing as Single, with AGI of $69,277.00 and taxable income of $56,327.00. No self-employment tax. Filed before the due date of April 15, 2023, and the return was processed quickly on April 17, 2023 (cycle 20231305). The math adds up since my withholdings of $16,377.00 minus tax of $8,009.00 equals my expected refund of $8,368.00. There are no accrued penalties or interest as of April 24, 2023. Anyone know what these codes mean and why my refund is being held up? The transcript shows the tracking number and everything, but no actual refund date. I'm especially concerned about the 570 code (Additional account action pending) followed by the 971 (Notice issued). Will I be getting a letter explaining what's happening?

Ezra Beard

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Your transcript shows a typical IRS review situation. The key codes present are a 570 (Additional account action pending) from 4/17/23 and a 971 (Notice issued) from 4/24/23, appearing in sequence. These codes indicate your return is under review, though your math appears correct - $16,377 in withholdings (code 806) minus $8,009 in tax equals your expected refund of $8,368. Your filing details are straightforward: Single filing status, AGI of $69,277, taxable income of $56,327, with no self-employment income or associated taxes. The return was processed on April 17, 2023 (cycle code 20231305) after being filed before the April 15 deadline. The system shows no accrued penalties or interest as of April 24, 2023, which is positive. The account balance of -$8,368.00 (negative indicating amount owed to you) matches your expected refund exactly. Keep an eye on your mail for the notice associated with the 971 code - it should detail what the IRS needs to complete their review. This could be identity verification, income verification, or another compliance check. The notice will provide specific instructions on any required actions.

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thank u so much! any idea how long these reviews usually take? 😩

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Ezra Beard

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It varies wildly tbh. Could be 2-8 weeks if its just verification, longer if they need documents from you.

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Hey, I know exactly what youre going through! I actually found this amazing tool called taxr.ai that helped me understand my transcript way better than trying to decode it myself. It costs a buck but tells you exactly whats happening and when to expect your refund. https://taxr.ai

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does it actually work? sounds too good to be true ngl 🤔

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100% works! It analyzed my whole transcript and told me exactly why I had the delay and even predicted when Id get my refund down to the week - and it was right! Best dollar I ever spent fr fr

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Aria Khan

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stuck in the same boat rn... got my 570 two weeks ago and still nothing 🤮

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Everett Tutum

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mine took 4 months to resolve with the same codes. hope yours moves faster!

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4 MONTHS?? im gonna cry 😭

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Sunny Wang

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did u try calling the IRS? sometimes u can get lucky if u call right when they open

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Hugh Intensity

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lmaooo good luck with that. been trying to get through for weeks 🤡

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Effie Alexander

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Check if you can verify your identity online through ID.me - sometimes that speeds things up

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already did that when i filed :

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I went through this exact same situation last year! The 570/971 combo is frustrating but pretty standard - it just means they're doing some kind of verification review. Since your math is perfect and you filed early, it's likely just a random audit or income verification check. The good news is your transcript shows everything processed normally on 4/17, so you're definitely getting that $8,368 refund - it's just a matter of when. The 971 notice should arrive soon and tell you exactly what they need. In my case, it was just identity verification and took about 6 weeks total once I responded to their letter. Pro tip: keep checking your transcript weekly for updates. Once you see the 570 code reverse (showing as a negative amount), your refund should be released within a few days. Hang in there!

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Joshua Wood

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Thanks for sharing your experience! 6 weeks doesn't sound too bad compared to some of the horror stories I've been reading. Really hoping mine moves faster since everything looks straightforward on my transcript. Did you have to send in any additional documents or was it just the identity verification through their system?

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