Figuring out reason for 570?

Home Forums General Discussion 2018 Tax Season Figuring out reason for 570?

  • This topic has 0 replies, 1 voice, and was last updated 6 years ago by Loni.
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    Loni
      @loni7

      In case this helps anyone – When I pulled my transcript yesterday, I saw the 570 and 971 codes. But I also saw a line on there (don’t remember what the code was) that was a credit to my previous tax for a couple hundred dollars. This morning, I show a 571 and a DDD for the remaining amounts. You may want to check your transcripts to see if you can see what the reason is for your 570. I filed on 2/15 with itemized deductions, didn’t qualify for credits (I think they also removed childcare expenses. Although TaxAct added it in for me from my info, either IRS may not have received correlating doc from providers or I was beyond the threshold not sure which). My DDD amounts reflect my refund amount less the prior year tax from an amendment and child care expense credit. DDD is 3/7.

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