Okay. 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.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, but if your don`t want to wait for the letter you can give the IRS a call.My Tax Return Is Being Reviewed (topic 151), But Has A Code 846 With A Date Of 2-24-2022. My return is being reviewed with topic 151 and reference 1242. I know what that means as what's being held back from what I can tell on my tax transcript is the CTC and EITC. My transcript also has code 846 refund issued 2-24-2002 and an amount. Take Action with Tax Topic 151 and ref #1242 means to look for a... Take Action with Tax Topic 151 and ref #1242 means to look for a letter from them in the mail to verify info... Tax Refund & Stimulus Help | I talk with a IRS rep this morning and found out that when checking your refund status 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 .Fast forward to today I have tax topic 151 and reference code 1241. After doing my research, I have a general gist of what tax topic 151 means, but it doesn’t seem like a lot of people are getting reference code 1241(I see more 1242).Mar 23, 2023 · The tool’s Refund Status section will show the reference number 1242 if the IRS flags your tax return for an additional review. In most cases, the section’s top segment will show ‘We have received your tax return, and it is being reviewed’ message, followed by the Tax Topic 152, Your Appeal Rights link. What does tax Topic 151 reference 1242 mean? According to the IRS manual, Code 1242 essentially means, your return was received but is frozen (from any further actions) and under review. Takedown request View complete answer on savingtoinvest.comThis is in reference to Tax topic 151 reference # 1242. If anyone can give advice on that aswell. Thanks. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A JC1812 TaxPro • ...Filed on 2/15 — form 1040 with $5,272 refund claimed ($2,215 withholdings + $3,057 EITC) Received partial refund 3/24: $2,215 (i.e. withholdings portion of refund, missing EITC portion). WMR tool says I need to “TAKE ACTION,” with a link to Tax Topic 151 info, and IRS phone number and saying to mention “reference number 1242.”. In this enlightening video, we unravel the intricacies of Tax Topic 151, shedding light on the essential details of your individual tax return transcript. Jo...In this video what is Topic 152. What is Topic 151 and what is IRS reference code 1242. What is Topic code 203 reduced refund. IRS notices cp05 and cp05A exp...Ref 9001 topic 151. ... "In refunding the tax. the code number 1242 means there has beed a..." 6. 4 These codes ... On refund status is tax topic 152 with a reference number 9001? What does refund status is tax topic 152 with a reference number 9001 mean . Post to Facebook .Feb 27, 2023 · 1061 - BFS part offset, direct deposit more than 1 week ago ( contact BFS at 1-800-304-3107) 1081 - IRS full or partial offset, paper check mailed more than 4 weeks ago. 1091 - IRS full or partial offset, direct deposit more than one week ago. 1101 - No data, taxpayer filed paper return more than 6 weeks ago. Jun 6, 2019 · Community: Discussions: Taxes: Get your taxes done: I received a message stating “TAKE ACTION” With the tax topic code 151 appeal Your Rights. Normally the WMR reference number 1242 means your return is possibly going to be audited, but it's a very targeted audit. They ask for documentation to prove you are entitled to the credits and it's all done by mail. ... I had tax topic 151, 1242 for a month I got a tax advocate guy from ny he got my refund within a week. I claimed covid sick ...The role of the Office of Appeals (Appeals) is to make an independent review of a tax dispute and to consider the positions taken by both the taxpayer and the IRS. Appeals strive to resolve tax disputes in a fair way and remain impartial to both parties. The IRS will send you a report and/or letter that will explain the proposed adjustments or ... I have topic 151 reference 1242 on where's my refund. My tax. I have topic 151 reference 1242 on where's my refund. ... WMR tool is giving me Take Action TC 151 ...Jun 6, 2019 · Level 1 I got the same thing exactly. Ive read around and the 151 means its being reviewed still and that you may owe something weather it be a student loan a traffic ticket etc.... The 1242 means they are going to need something from you like proof of a birth certificate on a dependent or foster care papers etc... I did filed my tax on 3/10/2020. Few mins later, i got accepted because i used Taxslayer to did the filing. Few days later, got code 152 tax topic. The tax topic 152 disappear and my status is now saying Still been procced that, a refund date will be provide when available. Till this moment, still saying the same thing. Is IRS scamming us?Reference code 1091 refers to topic 203: Topic 203 - Refund Offsets: For Unpaid Child Support, and Certain Federal, State and Unemployment Compensation Debts The Department of Treasury`s Financial Management Service (FMS), which issues IRS tax refunds, has been authorized by Congress to conduct the Treasury Offset Program. …Community: Discussions: Taxes: Get your taxes done: I received a message stating “TAKE ACTION” With the tax topic code 151 appeal Your Rights.Jun 6, 2019 · 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. IRS Tax Refund Messages: Tax Topic 151: Tax Topic 152: Refund Delays 2021#taxrefund#refunddelays#irsrefundTake Action with Tax Topic 151 and ref #1242 means to look for a... Take Action with Tax Topic 151 and ref #1242 means to look for a letter from them in the mail to verify info... Tax Refund & Stimulus Help | I talk with a IRS rep this morning and found out that when checking your refund statusJun 1, 2022 · Receiving a Tax Topic 151 letter is one of those consequences. Falling behind on your child support payments isn’t the only reason you might receive this important IRS notification, though. If you do get an IRS 151 letter in the mail, you need to understand what it is and what it means for your future. Below, learn more about what Tax Topic ... 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 ...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. SaveUsBatman • 1 yr. ago.What do tax topic 151 and reference 1242 mean? Tax topic 151 means you have a tax refund offset. Reference 1242 means your refund is frozen and the IRS needs more information from you. What is tax Topic 151 take action? Tax Topic 151 Letters communicate the IRS's intent to withhold a portion or all of your tax refund to satisfy a …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, …Topic No. 151, Your Appeal Rights The IRS works with taxpayers to try to settle tax disputes in an effort to avoid court proceedings through an administrative …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. SaveUsBatman • 1 yr. ago.Sep 6, 2023 · Topic No. 151, Your Appeal Rights English Español 中文 (繁體) 한국어 Русский Tiếng Việt The IRS works with taxpayers to try to settle tax disputes in an effort to avoid court proceedings through an administrative appeals process. brittanybost117. New Member. @mike202525 Well I figured out what was going on - apparently something from 2015 has come up and bit me after all these years . No mail no nothing .. Taking my WHOLE return . Originally they sent this 151 1424 code needing my sons birthday certificate .Tax Topic 152 means you're getting a tax refund. That's it! The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing. The IRS works weekends during tax season, so it's 21 days, not "business days". However, if you mail your tax return, your 21 days of processing starts when the IRS gets ...Tax topic 151 reference number 1242 . ... I filed 1/27,was received the next day and it's been saying 151 since mid February. I claimed one child and don't owe money ...Sep 8, 2023 · Understanding the Two IRS Letters. The first Tax Topic 151 letter you will receive is simply a courtesy notification. The IRS is letting you know that it is reviewing your tax return and that your refund might be affected due to outstanding debts that you owe. In around four weeks, you should receive a follow-up letter from the IRS. IRS Reference Number 1242 – IRS CP05 & CP05A NoticesIRS reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or third parties. In most instances, an IRS CP05 Notice is issued in which the IRS notifies the taxpayer in wri...Tax Topic 151, Reference # 1242 Hello. When I go to check my return, tax topic 151 and a reference number shows up, (#1242). I filed my return in July, I got in touch with the IRS to check on my return and verified my identity in August. Has anyone gotten paid that has received these same two? I did claim the COVID-19 sick leave.Hi, let me see if I can assist. Topic 151 indicates that the return is under review and an offset will take place. This means the refund will be reduced. If you have this set for direct deposit the net amount, if any, will be in the bank. Do give about 4 to 6 weeks from the date of this latest update to allow for processing.WMR Tax Topic 151. My WMR updated and it now has Tax Topic151 and a reference number 1242. Spoke to rep and said i have to wait for letter in the mail. Anyone else received this update? Usually means an offset usually either child support or back taxes. Dial 7 wait a second, then 1 wait a few more seconds and then 1. Until you receive the actual notice from the IRS indicating what they are reviewing, you will not know exactly what the issue is. When you receive the notice it should tell you exactly what the IRS is challenging and what documents you need to supply to show that what you claimed is accurate.Mar 23, 2023 · The tool’s Refund Status section will show the reference number 1242 if the IRS flags your tax return for an additional review. In most cases, the section’s top segment will show ‘We have received your tax return, and it is being reviewed’ message, followed by the Tax Topic 152, Your Appeal Rights link. 15 jul 2022 ... ... Tax Topic 151 means and what to do if you get this IRS notification. What Is a Tax Topic 151 Letter? Are you still waiting on your tax refund?” IRS online tool and you see Tax Topic 152, it’s just a generic reference code. Your return is still being processed and has yet to be approved or rejected.Tax Topic 152 means you're getting a tax refund. That's it! The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing. The IRS works weekends during tax season, so it's 21 days, not "business days". However, if you mail your tax return, your 21 days of processing starts when the IRS gets ...My Tax Return Is Being Reviewed (topic 151), But Has A Code 846 With A Date Of 2-24-2022. My return is being reviewed with topic 151 and reference 1242. I know what that means as what's being held back from what I can tell on my tax transcript is the CTC and EITC. My transcript also has code 846 refund issued 2-24-2002 and an amount.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?IRS Reference Number 1242 – IRS CP05 & CP05A NoticesIRS reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or third parties. In most instances, an IRS CP05 Notice is issued in which the IRS notifies the taxpayer in wri...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 Reference code 1242 to irs I filed my taxes back feb 9, 2015. spoke with a representative in april saying i would receive my on 5/20 now there is a code 1242 asking me to call,Fast forward to today I have tax topic 151 and reference code 1241. After doing my research, I have a general gist of what tax topic 151 means, but it doesn’t seem like a lot of people are getting reference code 1241(I see more 1242).Community Experts online right now. Ask for FREE. ... Ask Your Question Fast!I want a topic for my evs project. not a school level topic. a good standard topic? Irs tax topic 151 reference code 1242 what do this mean. I want to know if i will receive my tax refund after a tax topic 151 review code 1242? I just got a topic 152 on my tax refund info. should i be worried?Tax topic 151 and reference code 1242 but no additional information needed? I received the tax topic 151 and then they added tax code 1242. I called the 1 800 number they provided me with and was told by the rep that no additional information is needed at this time. I am so confused Jun 1, 2023 · Tax Topic 152 means you're getting a tax refund. That's it! The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing. The IRS works weekends during tax season, so it's 21 days, not "business days". However, if you mail your tax return, your 21 days of processing starts when the IRS gets ... 1 0 Whenever the IRS owes money, they take their time paying, some people have waited for years, but if you owe them, they will not wait years to get their money, they`d take immediate action with wage garnishments, seizures of property, and put people in jail. Was this answer helpful? Yes | No Comment ReportTax 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.Please read the following information related to your tax situation: Tax Topic 151, Your Appeal Rights. Accountant's Assistant: Which tax year is the refund for? 2019 We received your tax return and it is being reviewed. You will receive a notice from us requesting you to provide additional information within 30 calendar days.Tax Topic 151, Reference # 1242. Hello. When I go to check my return, tax topic 151 and a reference number shows up, (#1242). I filed my return in July, I got in touch with the IRS to check on my return and verified my identity in August. Has anyone gotten paid that has received these same two?Community Experts online right now. Ask for FREE. ... Ask Your Question Fast!Tax topic 151 is an IRS letter that informs taxpayers that some or all of their tax refund has been offset to pay for something else they owe, and therefore, they will not be receiving their full tax refund for the current tax year. The most common reasons that someone will receive a tax topic 151 letter in the mail are due to unpaid tax debt ...Normally the WMR reference number 1242 means your return is possibly going to be audited, but it's a very targeted audit. They ask for documentation to prove you are entitled to the credits and it's all done by mail. ... I had tax topic 151, 1242 for a month I got a tax advocate guy from ny he got my refund within a week. I claimed covid sick ...The u/Dear_Bobcat5124 community on Reddit. Reddit gives you the best of the internet in one place.Jan 13, 2021 · 00:00 - Is Tax Topic 151 a audit?00:38 - What happens when Tax Topic 151 Reference 1242?01:11 - How do you know if IRS is auditing you?01:41 - Does the IRS r... 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. Please read the following information related to your tax situation: Tax Topic 151, Your Appeal Rights If you have questions or need additional information, please have the following on hand when you call: ... I got tax topic 151 reference 1242. All my credits say credited but it shows a freeze. On 8/4 it went from still processing to being ...There is something on the return that is being disputed, such as which credits were claimed. The IRS will contact you by letter. While waiting for the Notice, to see more about why this is happening, create or login to your account at the IRS here: View Your Tax Account. For more information, see: IRS: Topic No. 151 Your Appeal Rights. 26 jul 2022 ... IRS reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or ...I have topic 151 reference 1242 on where's my refund. My tax. I have topic 151 reference 1242 on where's my refund. My tax transcript has codes 806 ... Hi I filed my taxes on Jan 26 accepted the same day but WMR tool is giving me Take Action TC 151 reference 1242 ...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, but if your don`t want to wait for the letter you can give the IRS a call.The u/Dear_Bobcat5124 community on Reddit. Reddit gives you the best of the internet in one place.Tax topic 151 how long does this take. My refund is under review 1242 topic 151 my eic headofhoushold and child tax credit i sent them the documents they needed they said it will be up t... My ceo delayed the topic of my salary increase when i opened the topic saying that he will check the finances to discuss this on monday. how can i opeWMR Tax Topic 151. My WMR updated and it now has Tax Topic151 and a reference number 1242. Spoke to rep and said i have to wait for letter in the mail. Anyone else received this update? Usually means an offset usually either child support or back taxes. Dial 7 wait a second, then 1 wait a few more seconds and then 1.Tax topic 151 reference number 1242 . ... Additional comment actions. I filed on 1/12 and still waiting mine has the reference 1242 also it can be an offset if not proof of dependents or your just plain under review does it say take action on wmr and when did you file and does it say it's being reviewedTax topic 151 and reference code 1242 but no additional information needed? I received the tax topic 151 and then they added tax code 1242. I called the 1 800 number they provided me with and was told by the rep that no additional information is needed at this time. I am so confused Appliance depreciation refers to the calculation that determines the loss of value of an appliance, usually on an annual basis. Depreciation can be claimed by individuals and businesses who own rental properties as a business deduction on t...Got the same thing. Filed in Jan. Got a letter in feb wanting proof my son has lived with us all year. He has his whole life nothing has changed.The u/BigMark215 community on Reddit. Reddit gives you the best of the internet in one place.An IRS review is the IRS’s way of saying “ we have received your tax return and it is being reviewed.”. It means that your return is pending because IRS is verifying information on your tax return. Although similar, we can find a lot of differences when we compare an IRS review vs audit. A review is usually simpler.What does IRS tax topic 151 means? Why am I seeing tax topic 515 on my 2022 tax refund status? 2022 tax refund update - where's my refund tax topic 152**How ...What is the reference 1242 for tax topic 151? What does Reference Number 1242 mean for refund status? – Reference number codes are how the IRS systems classify informational or processing actions, much like tax transcript codes, According to the IRS manual, Code 1242 essentially means, your return was received but is frozen (from any further ...Sep 6, 2023 · Topic No. 151, Your Appeal Rights English Español 中文 (繁體) 한국어 Русский Tiếng Việt The IRS works with taxpayers to try to settle tax disputes in an effort to avoid court proceedings through an administrative appeals process. Tax topic 151 reference number 1242 . ... I filed 1/27,was received the next day and it's been saying 151 since mid February. I claimed one child and don't owe money ...Topic 152 is a generic reference code that some taxpayers may see when accessing the IRS refund status tool. Unlike other codes that a taxpayer might encounter, Tax Topic 152 doesn't require any additional steps from the taxpayer. According to the IRS, 9 out of 10 tax refunds are processed in their normal time frame of fewer than 21 days.Ffxiv faerie apple, Consumer cellular link ii reviews, 9news sports anchor fired, Best nature for volcarona, Riding trainer silvermoon, Baggot street mercy login, Newsroom folks for short nyt crossword, Reboot levelling guide, Applitrack hcps, 88 books of the ethiopian bible, Corn flower eso, D181 skyward, Discontinued hanamint patio furniture, Craigslist waco cars for sale by owner
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 What does IRS Reference Code 1242 mean?. Lake gaston foreclosures bank owned
pueblo car auctionFeb 25, 2020 · 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 My wmr says topic 151 . Community Experts online right now. Ask for FREE. Ask Your Question Fast! ...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 receiveTax Topic 152 means you're getting a tax refund. That's it! The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing. The IRS works weekends during tax season, so it's 21 days, not "business days". However, if you mail your tax return, your 21 days of processing starts when the IRS gets ...Tax Topic 151 means your return is under review. This can be done for various credit claims such as the earned income credit or any of the education credits . Your best bet is to wait until the IRS contacts you via letter, which can take a few weeks.Topic Number 152 - Refund Information: It simply means that your e-filed return is being processed and that the government hasnt approved or rejected it yet. Once that parts done, the government approves your refund, which means its ready to be deposited or sent. People also ask, does Tax Topic 151 mean audit?Tax Topic 151 means your return is …Tax code 151 1242 means the IRS is reviewing your refund and may need more information from you, such as proof of birth certificate or foster care papers. See how other users received this code and what they did next in this forum thread.Yes for 4-5-2021 I was assuming it was the letter saying I already received the eip3. these-things-happen • 2 yr. ago. The TC420 is an examination indicator. The partial refund may only be the withholding you claimed on the return (TC806). The TC 971 notice is probably the CP75: After submitting your tax return you may see the following message with reference to code 1242 and Tax Topic 151 on the IRS status checking tool or your online account which says your return is being reviewed. Naturally when seeing this many taxpayers may get stressed and worried about what's going to happen next.Tax topic 151 reference number 1242 Irs reference number 1242 Irs gov tax topic 151 Tax topic 151 turbo . Community Experts online right now. Ask for FREE. Ask Your Question Fast! Categories ...The role of the Office of Appeals (Appeals) is to make an independent review of a tax dispute and to consider the positions taken by both the taxpayer and the IRS. Appeals strive to resolve tax disputes in a fair way and remain impartial to both parties. The IRS will send you a report and/or letter that will explain the proposed adjustments or ...My Tax Return Is Being Reviewed (topic 151), But Has A Code 846 With A Date Of 2-24-2022. My return is being reviewed with topic 151 and reference 1242. I know what that means as what's being held back from what I can tell on my tax transcript is the CTC and EITC. My transcript also has code 846 refund issued 2-24-2002 and an amount.Receiving a Tax Topic 151 letter is one of those consequences. Falling behind on your child support payments isn’t the only reason you might receive this important IRS notification, though. If you do get an IRS 151 letter in the mail, you need to understand what it is and what it means for your future. Below, learn more about what Tax Topic ...Tax Topic 151 is a notice that the IRS may withhold your federal tax refund to pay off outstanding debts, such as unpaid student loans. Learn what this means, how to appeal it, and what to do if you have any issues with your refund.Tax topic 151 how long does this take. My refund is under review 1242 topic 151 my eic headofhoushold and child tax credit i sent them the documents they needed they said it will be up t... My ceo delayed the topic of my salary increase when i opened the topic saying that he will check the finances to discuss this on monday. how can i opeGross pay refers to the amount of money you receive before any deductions are taken out of your paycheck, while net pay is the amount of your pay after all your deductions, taxes, and payroll contributions have come out.I think mainly due to the 2nd stimulus check disbursement. My return was received but has been under review since the end of January. I finally got a tax code 151 appeals hearing. The message went on to state that I would receive a letter in the mail explaining why my refund is under review and any further explanation . 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, but if your don`t want to wait for the letter you can give the IRS a call.Mar 9, 2023 · 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. Tax topic 151 is an IRS letter that informs taxpayers that some or all of their tax refund has been offset to pay for something else they owe, and therefore, they will not be receiving their full tax refund for the current tax year. The most common reasons that someone will receive a tax topic 151 letter in the mail are due to unpaid tax debt ... this weekend my status on wmr changed to take action 151 with reference code 1242 . upon accessing the irs.gov website the dialogue box showing my status had completely disappeared and there are no notices or letters in my inbox. i can view my tax transcript and account transcript. when reviewing the account transcrips it shows i have a freeze ...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 Reference code 1242 to irs I filed my taxes back feb 9, 2015. spoke with a representative in april saying i would receive my on 5/20 now there is a code 1242 asking me to call,Track my refund states topic 151 1242 code what's this mean turbo tax has yet to notify me off this? Oct 16 is the IRS deadline –file confidently with expert help. File Now. I got the same and the IRS lady said I would get a partial refund but letter for rest. I have filed same EIC for my 3 kids for 17 yrs now.Tax topic 151 means you have a tax refund offset. Reference 1242 means your refund is frozen and the IRS needs more information from you. What does your return ...In this video what is Topic 152. What is Topic 151 and what is IRS reference code 1242. What is Topic code 203 reduced refund. IRS notices cp05 and cp05A exp...Jun 6, 2019 · Full Service for personal taxes Full Service for business taxes. Do business taxes with expert help. Tax bracket calculator W-4 withholding calculator. TurboTax online guarantees. TurboTax security and fraud protection. Tax forms included with TurboTax. TurboTax en español. TurboTax Live en español. Self-employed tax center. Topic Number 152 - Refund Information: It simply means that your e-filed return is being processed and that the government hasnt approved or rejected it yet. Once that parts done, the government approves your refund, which means its ready to be deposited or sent. People also ask, does Tax Topic 151 mean audit?Tax Topic 151 means your return is …Mar 28, 2021 · March 28 2021 • Jacob Dayan Back Taxes Help After filing your taxes you, like many others, may be eagerly awaiting your tax refund. Maybe you’re frequently walking out to check your mailbox, or you’re visiting the IRS website on a daily basis to check on the status of your tax refund. Irs reference code 1242 mean . Community Experts online right now. Ask for FREE. Ask Your Question Fast! ...Jun 30, 2022 · The code or tax topic indeed indicates that you should take action, but that should not be a bother. What does tax Topic 151 and reference 1242 mean? 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received. What is the difference between tax Topic 151 and 203? About a week later I got tax topic 151 with reference code 1242. This same week I got two 766 codes roughly $15,000 for both and one 768 code for around $900. About two weeks later I got a 971 code and my balance on irs.gov updated saying that I owe $1500 from 2013 so I am assuming that I will be getting an offset for the debt owed. Tax topic 151 ref 1242 So I have been waiting patiently for an update on my transcript or my WMR. I was sent a letter from the IRS saying I needed to verify my identity in the office on July 15ish . I went to the office with my tax return on July 19th the guy there review everything and said everything looks good.IRS Tax Refund Messages: Tax Topic 151: Tax Topic 152: Refund Delays 2021#taxrefund#refunddelays#irsrefundFeb 15, 2023 · Tax Topic 151 and 152; Tax Topic Codes 203 and 898 – Reduced Refund (Offset by BFS) Code 570 (Return Reconciliation Errors) Reference Number 9021 (math error) Transcript Codes 420, 421 & 424 (IRS further examination/audit) Code 846 Refund of Overpayment – Refund Issued! Reference Code Number 1121 and 1242 – Return Under review 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...The Sunbiz official site is an online resource for business owners and entrepreneurs in the state of Florida. It provides information about registering a business, filing taxes, and other important topics related to running a business in th...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 receiveOkay. 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. Topic Number 152 - Refund Information: It simply means that your e-filed return is being processed and that the government hasnt approved or rejected it yet. Once that parts done, the government approves your refund, which means its ready to be deposited or sent. People also ask, does Tax Topic 151 mean audit?Tax Topic 151 means your return is …Tax topic 151 reference number 1242 by Beautiful-Ad378 in IRS. Frequent_Agent5148 0 points 1 point 2 points 6 months ago . u had ref 1242 with the tax topic 151??? permalink; save; context; full comments (18) report;WMR Tax Topic 151. My WMR updated and it now has Tax Topic151 and a reference number 1242. Spoke to rep and said i have to wait for letter in the mail. Anyone else received this update? Usually means an offset usually either child support or back taxes. Dial 7 wait a second, then 1 wait a few more seconds and then 1.Track my refund states topic 151 1242 code what's this mean turbo tax has yet to notify me off this? Community Discussions Taxes After you file hollywoofspetspa New Member I got the same and the IRS lady said I would get a partial refund but letter for rest. I have filed same EIC for my 3 kids for 17 yrs now. Not sure what can be the issueTax reference code 1242 with tax topic 151. When i save a new contact it updates the call log but i cannot find in my contact list? I filed my taxes back feb 9, 2015. spoke with a representative in april saying i would receive my on 5/20 now there is a code 1242 asking me to call, Tax topic 151 with reference code 1242 Unpaid taxes Unpaid child support payments Federal student loans you took out that have gone into default In this case, the IRS will simply send a letter explaining …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.The code or tax topic indeed indicates that you should take action, but that should not be a bother. What does tax Topic 151 and reference 1242 mean? 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received. What is the difference between tax Topic 151 and 203?The tool's Refund Status section will show the reference number 1242 if the IRS flags your tax return for an additional review. In most cases, the section's top segment will show 'We have received your tax return, and it is being reviewed' message, followed by the Tax Topic 152, Your Appeal Rights link.What do tax topic 151 and reference 1242 mean? Tax topic 151 means you have a tax refund offset. Reference 1242 means your refund is frozen and the IRS needs more information from you. Does tax Topic 151 mean audit? Tax Topic 151 means your return is under review. There are numerous reasons the IRS may review your return …A tax topic 151 notice is a document from the IRS announcing that the IRS is withholding or reducing your tax refund. It explains why this action is taking, what information it is based on, and how to appeal if it is in error.About a week later I got tax topic 151 with reference code 1242. This same week I got two 766 codes roughly $15,000 for both and one 768 code for around $900. About two weeks later I got a 971 code and my balance on irs.gov updated saying that I owe $1500 from 2013 so I am assuming that I will be getting an offset for the debt owed.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.The tool's Refund Status section will show the reference number 1242 if the IRS flags your tax return for an additional review. In most cases, the section's top segment will show 'We have received your tax return, and it is being reviewed' message, followed by the Tax Topic 152, Your Appeal Rights link.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.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 Take Action!! 151 Tax topic Ref 1242. Filed 2/12 been waiting since, on 04/09 checked WMR had message, We have received your refund and is being reviewed. called Irs today on the phone 1hr.25m constantly placed on hole to check my issue . only to come back and say wait for a letter 30 days from 04/08. anyone in this situation and received ...To calculate operating profit, subtract operating expenses from gross profit. Also referred to as operating income, operating profit represents the total profits, before taxes, that a business generates from its operations.Tax Topic 151 refers to the reduction or withholding of an individual’s tax refund to cover money the taxpayer allegedly owes the government. This might include: If the IRS takes your tax refund to satisfy one of these debts, it will send you a Tax Topic 151 letter to explain why. You typically are not required to respond to an IRS 151 letter ...Filed on 2/15 — form 1040 with $5,272 refund claimed ($2,215 withholdings + $3,057 EITC) Received partial refund 3/24: $2,215 (i.e. withholdings portion of refund, missing EITC portion). WMR tool says I need to “TAKE ACTION,” with a link to Tax Topic 151 info, and IRS phone number and saying to mention “reference number 1242.”.brittanybost117. New Member. @mike202525 Well I figured out what was going on - apparently something from 2015 has come up and bit me after all these years . No mail no nothing .. Taking my WHOLE return . Originally they sent this 151 1424 code needing my sons birthday certificate .Track my refund states topic 151 1242 code what's this mean turbo tax has yet to notify me off this? Community Discussions Taxes After you file Oct 16 is the IRS deadline –file confidently with expert help. File Now hollywoofspetspa New Member I got the same and the IRS lady said I would get a partial refund but letter for rest.Tax Topic 151 and 152; Tax Topic Codes 203 and 898 – Reduced Refund (Offset by BFS) Code 570 (Return Reconciliation Errors) Reference Number 9021 (math error) Transcript Codes 420, 421 & 424 (IRS further examination/audit) Code 846 Refund of Overpayment – Refund Issued! Reference Code Number 1121 and 1242 – Return Under reviewOkay. 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.About a week later I got tax topic 151 with reference code 1242. This same week I got two 766 codes roughly $15,000 for both and one 768 code for around $900. About two weeks later I got a 971 code and my balance on irs.gov updated saying that I owe $1500 from 2013 so I am assuming that I will be getting an offset for the debt owed.Track my refund states topic 151 1242 code what's this mean turbo tax has yet to notify me off this? Community Discussions Taxes After you file hollywoofspetspa …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.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. IRS Reference Code 1242 is a code the IRS uses to notify the taxpayer that the tax return has been frozen and selected for further review.. 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