I have been trying to get an answer to this and nobody is answering. I looked it up on the IRS website. It seems like it means the return is being reviewed. If they IRS verifies the information that the need to then the code will be removed and the refund released. If not you will be notified, usually by a letter in the mail about what information…[Read more]
Does the 570 code mean that your refund will be delayed?
Also, where do you find the code 570? Is in on the account transcript?
If you have 896/570 on your account transcript you are in the same boat as me. there is a thread further down in which it is explained! it does not mean your being reviewed in most cases. It was their way of making sure that treasury needed to take their money out for the penalty. It should? Drop off in the next few days and 846 should be put on…[Read more]
I am wondering the same thing. My last 3 cycles have ended in 05. I was told in this group yesterday that the numbers had nothing to do with daily or weekly. But today I am seeing it all over the boards that if you end in 05 you are weekly. Hope somebody will be able to shed some light on this for us.
How often are the transcripts updated? Is it only once daily or does it happen throughout the day?
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