Current:Home > StocksWhat does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained. -VisionFunds
What does this IRS code mean on my tax refund? Codes 826, 846, 570 and more explained.
Ethermac View
Date:2025-04-07 20:58:07
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! (47)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- MLB playoffs are a 'different monster' but aces still reign in October
- Attorney says 120 accusers allege sexual misconduct against Sean ‘Diddy’ Combs
- 'No one was expecting this': Grueling searches resume in NC: Helene live updates
- B.A. Parker is learning the banjo
- Dockworkers go on a strike that could reignite inflation and cause shortages in the holiday season
- Morgan Wallen donates $500K for Hurricane Helene relief
- Georgia National Guard starts recovery efforts in Augusta: Video shows debris clearance
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Dartmouth College naming center in memory of football coach Teevens
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- 2024 National Book Awards finalists list announced: See which titles made it
- Ex-leaders of a Penn State frat will spend time in jail for their roles in a hazing death
- Son treks 11 miles through Hurricane Helene devastation to check on North Carolina parents
- All That You Wanted to Know About She’s All That
- John Amos, patriarch on ‘Good Times’ and an Emmy nominee for the blockbuster ‘Roots,’ dies at 84
- Texas set to execute Garcia Glen White, who confessed to 5 murders. What to know.
- Historic ship could soon become the world’s largest artificial reef
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
RHONY's Brynn Whitfield Shares Baby Plans and Exact Motherhood Timeline
Reporter Taylor Lorenz exits Washington Post after investigation into Instagram post
Tennessee factory employees clung to semitruck before Helene floodwaters swept them away
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Man accused of threatening postal carrier after receiving Kamala Harris campaign mail
Is it time to buy an AI-powered Copilot+ PC?
Pac-12 building college basketball profile with addition of Gonzaga