Current:Home > StocksWhat does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained. -Intelligent Capital Compass
What does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained.
View
Date:2025-04-15 18:03:18
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! (7)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- UN resolution on Gaza hampered by issues important to US: cessation of hostilities and aid monitors
- Court in Germany convicts a man inspired by the Islamic State group of committing 2 knife attacks
- Ho, ho, hello! How to change your smart doorbell to a festive tune this holiday season
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- China’s Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters
- UN votes unanimously to start the withdrawal of peacekeepers from Congo by year’s end
- Kim Kardashian's SKIMS Drops 4 Midnight Kiss-Worthy New Year's Eve Collections
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Celine Dion's sister gives update on stiff-person syndrome, saying singer has no control of her muscles
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Russia ramps up its military presence in the Arctic nearly 2 years into the Ukraine war
- Lawsuit against former Wisconsin Supreme Court justice dismissed after she turns over records
- Justice Sandra Day O'Connor honored as an American pioneer at funeral
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Defense secretary to hold meeting on reckless, dangerous attacks by Houthis on commercial ships in Red Sea
- UCLA gymnast Chae Campbell hits viral floor routine inspired by Wakanda in 'Black Panther'
- Animal cruelty charges spur calls for official’s resignation in Pennsylvania county
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Victoria Beckham's Intimate Video of David Beckham's Workout Will Make You Sweat
5 kids home alone die in fire as father is out Christmas shopping, police say
McDonald's CosMc's, Starbucks and Dunkin': How do their drinks compare in calories and sugar?
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Mariah Carey's 'All I Want for Christmas' tops Billboard's Hot 100 for fifth year in a row
Takeaways from lawsuits accusing meat giant JBS, others of contributing to Amazon deforestation
Court in Germany convicts a man inspired by the Islamic State group of committing 2 knife attacks