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After reading through a lot of posts here, I see a lot of speculation and needless worrying that wont help ANYONE get their refunds any quicker.
Instead, read the following..
If you have a 570 code on your transcripts, it means one of three things that I’ve seen:
1. You’re an early filler, and your employer hasnt sent one of your W2s, so they have to wait on them to send it before they can release your hold.
Instead of blaming the IRS, CALL YOUR EMPLOYER and ensure that they send your W2. Just because you filed the first moment you could doesnt mean your employer did. Yes, the IRS will eventually contact your employer, but do you really want to wait on their schedule? (A 60 day period that many of you talk about)
2. Make sure that you correctly filed your return. If there are any errors, you’ll get put on a hold and will have to wait until the system arbitrarily decides to automatically correct your mistake, unless the error is too big to be self corrected, resulting in a letter being mailed out that explains what they will need from you.
3. You claimed the EITC or ACTC. The IRS specifically stated on their website since January that people claiming these credits wouldnt see their returns until the first week of March, which a lot of people have started to receive.
I guarantee a lot of you havent ensured the first 2 criteria were met. Hope this helps someone.
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