What does IRS code 846,766,150,826,151,570,571,424,420 means?
Robert James, 20+ years of experience in IRS matters
Answered on September 19,2023
Answered on September 19,2023
846 REFUND ISSUED
766 Credit to your account
150 Means you have filed a tax return
826 Means your refund will be used to pay old debts
151 Means your refund is either reduced or withheld entirely by the Department of Treasury ..TAX OFFSET
570 Means a hold for processing. Does not mean you are audited or any other negative reason. This code is because you filed in between acceptance dates or because you filed during a very busy time. It will just take a little longer for your tax return to be processed.
571 is the reversal of code 570
424 Your return is being set aside for examination
420 Means your return was pulled for potential audit.
Related Questions
-
Robert James
20+ years of experience in IRS matters .What does "your return processing has been delayed beyond the normal timeframe" in the IRS website means?
This might happen because you claimed a questionable credit when you filed your tax return, and it’s going to ...
1 0 5 -
Robert James
20+ years of experience in IRS matters .Why does my tax transcript show future dates for IRS codes 570 and 971?
A lot of IRS transactions have future dates for legal reasons. That's because if they assess a tax or ...
1 0 305 -
Robert James
20+ years of experience in IRS matters .I got IRS 810 frozen code. What does it mean?
The 810 code indicates that something on your tax return looks suspicious to the fraud detection algorithm. Your return ...
1 0 68 -
Robert James
20+ years of experience in IRS matters .What additional steps or options are available to address a 570 hold on my tax return, which has been in place since May and has not shown any movement or been accompanied by additional codes or notices?
You could reach out to your Congressional Representative: Representatives and Senators: Contact Senators and ask for Taxpayer Advocate Service intervention as a constituent ...
1 0 4 -
Robert James
20+ years of experience in IRS matters .Need help with 1099 taxes for 2022 in Illinois suburbs. Got 1099s from Amazon Flex, DoorDash, and Roadie. Any online service recommendations? Used Stride app for mileage. Do I need an accountant?
IRS free file if you want to figure it out yourself. IRS Free File: Do your Taxes for Free My Free ...
1 0 0 -
Abbey Johnson
Helping with Student Loan Documentation .For those who have completed the full 20-year term of IBR and had their loans forgiven, what was your experience with the tax implications of the forgiven balance? Did the IRS require a lump sum payment, and if you couldn't pay, what options were available, such as wage garnishment, asset seizure, or payment plans?
IBR was introduced in 2007. No, nobody has hit the 25 years (for old IBR) or 20 years (for new ...
1 0 2 -
Robert James
20+ years of experience in IRS matters .I need to file my 2021 federal taxes. Is it possible to file them online, or is the only option paper?
Only someone with professional tax software can e-file a 2021 tax return at this point. You can hire a ...
1 0 2 -
Robert James
20+ years of experience in IRS matters .I was added as an authorized signer on my mother's checking and savings accounts while she was traveling overseas. Can I be held liable for her business taxes or debts, or is there no liability for an authorized signer in the United States?
No, being an authorized signer on a checking account doesn't make you liable for any tax debts.
1 0 2 -
Robert James
20+ years of experience in IRS matters .Can someone advise me on how to address unfiled taxes for the past 20 years, particularly the first 10 years when I was self-employed and had limited recordkeeping?
The IRS only requires taxpayers to file the last six years (to the extent a filing was required) in ...
1 0 1 -
Robert James
20+ years of experience in IRS matters .Is it possible and how difficult would it be to file taxes for a friend who hasn't filed since 2015 and often worked under the table? What will be the cost range if we decide to hire someone to handle this, recognizing that costs can vary by state?
There's some good information here about getting someone caught up: Unfiled Tax Returns Your friend should try to access their Wage ...
1 0 1 -
Robert James
20+ years of experience in IRS matters .What steps should I take if I didn't file my taxes as a college student due to difficulties obtaining my W2 forms from my previous employers, who are now unresponsive to my attempts to contact them?
If you can get your IRS Wage and Income transcript, you can use that to file your tax return. ...
1 0 1 -
Robert James
20+ years of experience in IRS matters .What should I do with the CP2501 I received in the mail today after experiencing losses during the 2021 crypto Robinhood frenzy?
This actually is pretty easy to fix if you only traded crypto through Robinhood. You can do it yourself, ...
1 0 1