Home › Forums › General Discussion › 2024 Tax Season › Transcript code 971?
- This topic has 7 replies, 3 voices, and was last updated 2 years ago by Travishon.
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Topic Starter
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Crystal
Woke up to code 971 on my transcripts, what does this mean?
I’m a pather -
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AuthorReplies
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Travishon
2/2
This could be because you filed in between acceptance dates or because you filed during a very busy time. IRS Transcript Code 570 doesn’t mean you are being audited or any other negative reason.
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Travishon
1/2
The IRS explains TC 570 means a freeze code has been placed on the account that holds the refund from being issued.
One of the reasons why this code could have been placed on your tax transcripts is if you submitted your tax return with missing income statements or any reason they want to delay it. Could be bad luck …. -
Travishon
971 then 570 with same dates means adjustment (your refund amount changed) and should update. 570 then 971 with different dates (your refund amount did not change) means a hold and may not update as quickly.
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CoryH
Pather filed and accepted with no fees 2/8. My account transcript updated this am with just a 971 and no other info. My top two are na and my wage says no record of return filed. Thankfully there is no 570 code. I’m a weekly so I’m hoping for an update next Friday. Still I’m stressed
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971 means the IRS sent you a notice. The IRS will send a notice or a letter for any number of reasons. It may be about a specific issue on your tax return or account or may tell you about changes to your account, ask you for more information, or request a payment. Many times you can handle most of this correspondence without calling or visiting an IRS office if you follow the instructions in the document.
Sometimes it will be paired with 570 if there is a delay.
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Woke up to the same, code 971. Hopefully something simple. No notice posted online yet. Probably need to verify wages as we work for the state and do not pay SSA taxes. We will see. Delays, delays, delays.
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Rkp40
It means the IRS has sent you out a letter regarding changes on your return. It should give you instructions on what to do next. If you have a refund it was probably put on hold although I would think you would see that code as well. If you don’t It may mean you owe or they need more information to complete processing your return.
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