Current:Home > ScamsWhat does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained. -Visionary Wealth Guides
What does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained.
View
Date:2025-04-17 14:45:22
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! (1351)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- March Madness: Caitlin Clark, Iowa will meet South Carolina for national title Sunday
- When will the Fed cut rates? Maybe not in 2024, one Fed official cautions
- World Central Kitchen boss José Andrés accuses Israel of direct attack on Gaza aid convoy
- Federal hiring is about to get the Trump treatment
- What Dance Moms' Abby Lee Miller Really Thinks of JoJo Siwa's New Adult Era
- LeBron's son Bronny James will enter NBA Draft, NCAA transfer portal after year at USC
- Apple's App Store, Apple TV, other online services go down Wednesday
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- 4.8 magnitude earthquake rattles NYC, New Jersey: Live updates
Ranking
- A White House order claims to end 'censorship.' What does that mean?
- Voting company makes ‘coercive’ demand of Texas counties: Pay up or lose service before election
- Kristin Lyerly, Wisconsin doctor who sued to keep abortion legal in state, enters congressional race
- Christian Combs, Diddy's son, accused of sexual assault in new lawsuit: Reports
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Taylor Swift releases five playlists framed around the stages of grief ahead of new album
- Who plays Prince Andrew, Emily Maitlis in 'Scoop'? See cast and their real-life counterparts
- What does a DEI ban mean on a college campus? Here's how it's affecting Texas students.
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Tennessee court to weigh throwing out abortion ban challenge, blocking portions of the law
A sweltering summer may be on the way. Will Americans be able to afford AC to keep cool?
Inmates all abuzz after first honey harvest as beekeepers in training
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Kirsten Dunst and Jimmy Kimmel Reveal Their Sons Got Into a Fight at School
Pauly Shore and The Comedy Store sued for assault and battery by comedian Eliot Preschutti
Hunting for your first home? Here are the best U.S. cities for first-time buyers.