Code 150

  • This topic has 6 replies, 1 voice, and was last updated 10 years ago by andrea.
  • Topic Starter
  • #4103421
    andrea

      What does this code mean on your return transcript? I’ve never looked at one before and i’m so confused. I do have the refund issued code 846 and it’s for the full amount… but i was under the impression we’d have an offset… Help please :)

    Viewing 5 reply threads
    • Author
      Replies
      • #4103488
        andrea

          Well it shows nothing was taken out. that would be fantastic! :) guess i’ll know for sure when WMR updates. Thanks!!!

        • #4103485
          JDubb

            If 846 is the last code then you should be good!! Refund should be sent minus offset and offset should be shown as taken out

          • #4103453
            andrea

              The 846 is the last code on my transcript… I called the IRS dude was no help lol. i know there is an offset because state took our refund already. so i would assume federal would take the rest that’s owed, don’t you think? and when my husband calls it says there’s a current debt that could offset his refund… SO confused!

            • #4103450
              JDubb

                Ok but on the list of codes you have – is 846 the last one or 150. 150 is not a freeze – sorry it is tax on return ???

              • #4103447
                andrea

                  It’s before my refund amount.

                • #4103435
                  JDubb

                    That’s a hold / freeze on refund for further information. I have it as of this morning. Is it before or after you 846 code?

                Viewing 5 reply threads
                • The forum ‘2015 Tax Season’ is closed to new topics and replies.