Current:Home > reviewsWhat does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained. -TrueNorth Finance Path
What does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained.
View
Date:2025-04-11 18:37:42
Taxes can be confusing, but they don’t have to be. With a slew of numbers, acronyms and deadlines, it can be challenging to figure out how to interpret your returns.
Let’s start with transaction codes, the three-digit codes that signify an Internal Revenue Service action related to your taxes, such as a credit or debit. The codes help create a history of your account. An “R” following a transaction code shows that the transaction has been reversed.
Here are the most common to know this tax season:
What is IRS code 826?
Transaction code 826 means that part of your tax refund was used to pay an existing tax debt.
What is IRS code 846?
Transaction code 846 signals a refund, plus any interest, has been approved by the IRS.
What is IRS code 570?
Transaction code 570 means there is a hold on your account that's preventing the IRS from finalizing your refund. You should wait for the IRS to ask you for additional information.
What is IRS code 971?
Code 971 means the IRS has asked you for additional information on an issue, and it's typically related to Code 570.
Common IRS codes to be aware of
You can view all of the IRS codes on their website, but here are some typically seen on tax returns:
- 000: Adds a new taxpayer entity to the applicable Master File, which is a running record of IRS actions related to your account.
- 011: Change Employer Identification Number (EIN), Social Security number (SSN) or plan number
- 013: Changes the name of the account or plan
- 017: Adds or changes spouse SSN
- 091: Revocation of being taxed as a small business
- 150: A Master File Entity was created from your return and tax liability assessed
- 177: Abatement of estimated tax penalty
- 424: This is an examination request indicator; your return was referred to the Examination or Appeals Division
- 425: Reversed transaction code 424
- 766: Generated refundable credit allowance
- 768: Earned income credit
- 810: Refund freeze
- 811: Reverse refund freeze
- 9001: An error code that shows an attempt to access information using the wrong SSN or Taxpayer Identification Number (TIN)
More of your 2024 tax season questions answered
- Filing taxes: Not everyone has to do it. Here's what to know.
- What does OASDI mean?:Why this comes out of your paycheck each week
- Federal tax brackets: Numbers for 2023 and 2024 to know
- What is income tax?: How it works, different types and more
- Tax season for new parents: Your guide to Child Tax Credit, EITC and more
- Do I report crypto on taxes?: Here's what you should know about form 8949
- What is a 1098-E form?: What to know about student loan interest statement
- IRS mileage rate: How to claim mileage deductions this year
veryGood! (1757)
Related
- B.A. Parker is learning the banjo
- Stock market today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race
- Ice cream trucks are music to our ears. But are they melting away?
- LeBron James is named one of Team USA's flag bearers for Opening Ceremony
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- AI industry is influencing the world. Mozilla adviser Abeba Birhane is challenging its core values
- Trump, Ukraine's Zelenskyy speak by phone
- 12-year-old girl charged with killing 8-year-old cousin over iPhone in Tennessee
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Truck driver charged in Ohio interstate crash that killed 3 students, 3 others
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Eva Mendes' Ultimate Self-Care Hack May Surprise You
- Cell phones, clothes ... rent? Inflation pushes teens into the workforce
- Air travel delays continue, though most airlines have recovered from global tech outage
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Evacuations lifted for Salt Lake City fire that triggered evacuations near state Capitol
- The Mitsubishi Starion and Chrysler conquest are super rad and rebadged
- Stock market today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race
Recommendation
Tom Holland's New Venture Revealed
Trump says he thinks Harris is no better than Biden in 2024 matchup
Dozens of Maine waterfront businesses get money to rebuild from devastating winter storms
Looking for an Olympic documentary before Paris Games? Here are the best
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
MLB trade deadline 2024: Biggest questions as uncertainty holds up rumor mill
Emily in Paris Season 4 Trailer Teases Emily Moving On From The Gabriel-Alfie Love Triangle
MLB trade deadline 2024: Biggest questions as uncertainty holds up rumor mill