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Transcript update 971 code?

Home Forums General Discussion 2023 Tax Season Transcript update 971 code?

  • This topic has 2 replies, 2 voices, and was last updated 1 month ago by Kat.
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  • #4527800 Reply
    Lexus
      @lexmex

      I checked my transcript this morning and it updated with code 971 with 0.00 amount.my refund is supposed to be 6522 but I owe 1754 to irs.is this a bad or good thing?I didn’t get a refund last year because they took it .any body else have an update with 971 code?

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    • #4527896 Reply
      Kat

        Sorry I can’t read apparently, you said you owe. Maybe you owe more than you think, or maybe the $0 just hasn’t updated to your new amount. I wouldn’t worry yet.

        #4527895 Reply
        Kat

          Just means they had to make a correction/adjustment to your refund amount. Maybe you owed money?

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        Reply To: Transcript update 971 code?
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