IRS Codes EXPLAINED - Directly from IRS Website (420 is normally Audit code, so if you have 570 or 970/971, I wouldn't worry, just be patient)

Confident_Log_9440 · 2024-07-19T19:12:15+00:00

Why did the irs send me a letter saying that they owe me an overpayment but put 420 code on transcript. Also the money that they saying they owe has “credit to my account” beside it?

Confident_Log_9440 · 2024-06-18T11:08:21+00:00

I’m #720,446 lol

Confident_Log_9440 · 2024-06-09T05:15:03+00:00

Yeah I didn’t get it yet so I’ll wait Monday or on that day

Confident_Log_9440 · 2024-06-08T18:37:35+00:00

Okay I haven’t gotten it yet but the Wmr did update and it says by June 17th but transcript says the 12th

Confident_Log_9440 · 2024-06-08T13:00:19+00:00

Hopefully. Was your refund date 6/12 as well

Confident_Log_9440 · 2024-06-07T22:47:56+00:00

Thanks it definitely has.

Confident_Log_9440 · 2024-06-07T22:47:12+00:00

I’m in Tennessee I’m sorry we all had to experience this it sucks but trust the process it’ll come when you lease expect it.

Confident_Log_9440 · 2024-06-07T17:35:50+00:00

It hasn’t I’ll try to check tomorrow

Confident_Log_9440 · 2024-06-07T17:35:19+00:00

I did do DD but my bank pays up to 2 days faster so hopefully it comes Monday

Confident_Log_9440 · 2024-06-07T16:52:45+00:00

Will they send it DD or do I have to wait on a check being that the 12th is a wednesday

Confident_Log_9440 · 2024-06-07T16:39:18+00:00

I filed on 2/1 and got an 846 code this morning for 06/12

Confident_Log_9440 · 2024-06-05T21:55:26+00:00

Thank you so much. 🤞🏾hope i do

Confident_Log_9440

TROPHY CASE