Tax topic 151 reference 1242
Taxes under review topic 151 mention 1242. I have a tax topic 151 on my wmr and it says when i call the irs to give refrence number 1242, my question is what does the 1242 mean? is it a certain; Taxes need help. i received a message saying tax topic 152. what does this mean? i filed on the 6th of feb. it`s says within 21 days i should receiveKatrinaLO. Tax Topic 151 means your return is under review. This can be done for various credit claims such as Earned Income Credit or any of the education tax breaks (this is not all inclusive). Your best bet it to wait until the IRS contacts you via letter which can take up to 4 weeks or more to receive.
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Tax topic 151 reference number 1242 . Has anyone gone through this,have any info on this Like how long is this process?I need some answers please . comments sorted by Best Top New Controversial Q&A Add a Comment . ... Reference number …Need help. I was also told my return is being reviewed tax topic 151 and reference number 1242. 1 coin. ... Can anyone help me with this? • Tax Topic 151, Your ...Thank you. moonweasel • 2 yr. ago I have this same info showing (tax topic 151, reference 1242), and received a partial deposit of my refund. I have zero debts, judgments, liens, or anything like that whatsoever. I prepared my taxes through FreeTaxUSA, one of IRS's free tax file partners. Any idea what other reason there could be for an offset?
00:00 - Is Tax Topic 151 bad?00:39 - Does Tax Topic 203 mean?01:15 - Why is my refund being reviewed?01:46 - What days does the IRS issue refunds?02:15 - Why...Tax Topic 151 means the Department of Treasury will be taking your refund or part of your refund to pay for something that has been reported that you owe. Toggle navigation. Call Now. Tax Debt Relief . Tax Debt Relief . Tax Debt Relief . Professional tax relief services help you resolve tax debt—and regain control of your finances. Learn More ...Apr 24, 2022 · While it should be taken seriously, tax topic 151 is not something you necessarily need to worry about. Talk to a tax representative if you have specific questions about this tax topic. What do tax topic 151 and reference 1242 mean? Tax topic 151 means you have a tax refund offset. The u/Dear_Bobcat5124 community on Reddit. Reddit gives you the best of the internet in one place.May 29, 2023 · The IRS Tax Topic 151 is a notice sent to taxpayers with an outstanding debt with the agency. The notice informs taxpayers of the amount of the debt and the options available to them for resolving the debt and the status of their refund. The notice also advises taxpayers that their federal refund may be offset to pay the outstanding debt.
Jan 17, 2022 · IRS Reference Code 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received IRM 21.5.6.4.8, -E Freeze Community Experts online right now. Ask for FREE. ... Ask Your Question Fast!Irs Tax Topic 151 Reference 1242 What do I have to do and what’s the next step? by Puzzleheaded-Page295 in IRS. ... ….
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IRS Reference Number 1242 is a code the IRS uses to notify you that your return has been selected for review. Your return will remain frozen in the IRS's system until the review process is complete. The selection process for code 1242 reviews is intended to be random.I have topic 151 reference 1242 on where's my refund. My tax transcript has codes 806, 766, 768, 810, 811 826 and 971, - Answered by a verified Tax Professional We use cookies to give you the best possible experience on our website.
Irs tax topic 151 reference number 1242. What does it mean when my refund status say we have received your return. a refund date will be provided when available? What does this mean....your return has been processed; however a date for your refund has not been determined. please continue to check the refund inq; Tax topic 151 reference …What does the irs code 1242 mean. Brownsville tn. 47 and yes 2. ... Answered by a verified Tax Professional. We use cookies to give you the best possible experience on our website. ... web sight refund status says my refund is being reviewed and mention reference #1242.What Does “Tax Topic 151” Mean, and What To Do if This Is Your Refund Status. When checking your tax refund status, you may get a message to referring to "IRS Tax Topic 151." Is that good or bad?
labcorp holidays 2023 What this notice is about. We're auditing your tax return and need documentation to verify the Earned Income Credit (EIC) you claimed. We are holding the EIC, the Additional Child Tax Credit (ACTC) and/or Recovery Rebate Credit (RRC) parts of your refund until we get the results of this audit. If you claimed the Premium Tax Credit (PTC), we may ... dodge dealership waldorf mdap chem exam calculator Mar 12, 2019 · Track Federal Refund. IRS Reference Code 1242 | You can check the status of your return and your refund check (for paper returns) or direct deposit (for electronic returns) at the IRS.gov website. The “Where’s My Refund?” portal provides an estimate of when you should ex. 0. To find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. You will get a letter in the mail explaining what all this is, … comenity nfl Tax Topic 151 isn't a Transaction Code. That the TC766 is posted means the return has also posted (TC150), so now you're waiting for exam to decide whether or not to formally audit your return. If you don't receive a notice within 60 days, call IRS customer service and speak with a representative. 9 more replies.Community Experts online right now. Ask for FREE. ... Ask Your Question Fast! p ebt texas 2022deadpool 1 parents guide40 ton weights xenoverse 2 Learn how to appeal tax disputes with the IRS through an administrative appeals process or the courts. Find out what is appealable, how to request a conference, and how to prepare for an appeal.Tax Topic 151. Has anyone received an update with this topic 151 and reference code 1242? Yes this is for taxes filed using COVID-19 credits. Well I haven’t seen any movement with people claiming those credits at all someone posted a letter on FB from Irs asking for supported documents they needed so idk . raquette lake navigation webcam Rachel_W. Tax Topic 151 means your return is under review. There are numerous reasons the IRS may review your return including but not limited to credit claims such as Earned Income Credit or the Education Credits. Your best bet is to wait until you receive a letter from the IRS, which can take up to or more than 4 weeks for you to …IRS Tax Refund Reference Codes. 1001 – Refund paper check mailed more than 4 weeks ago See IRM 21.4.1.3.4, Refund Issued But, Lost, Stolen, Destroyed or Not Received. 1101 – No data, taxpayer filed paper return more than 6 weeks ago See IRM 21.4.1.3.1.1, Return Not Found orange crush daytonaspectrum gel coatwebmail uphs AnnaB. New Member. Tax Topic 151 means your return is under review. This can be done for various credit claims such as Earned Income Credit or any of the education tax breaks (this is not all inclusive). Your best bet it to wait until the IRS contacts you via letter which can take up to or more than 4 weeks for you to receive it.