Transaction Codes on IRS Account Transcript

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Transaction Code Overview

Transaction Codes (TC) sometimes called transcript codes consist of three digits and appear on your IRS account transcript. A transaction code is used to identify when an action posted to your tax account Master File while your tax return is being processed. They help to show a history of actions taken by the IRS. Every transaction processed must have a transaction code; however, they are not all visible on an account transcript.

Transcript Transaction Codes Perform Actions on Tax Accounts

  • Issue Tax Refunds
  • Freeze Tax Refunds
  • Create offsets to tax refunds
  • Adjust credit and debits to tax accounts
  • Issue Notices/Correspondence

This list is not all inclusive but they are the common uses of transcript transaction codes. Some actions taken by the IRS are not visible to taxpayers.

How to Read your IRS Account Transcript

Are you trying to decipher what a transcript transaction code means? Many people are looking for transaction code 846. Transaction code 846 indicates a refund has been issued. TC 570 and TC826 on your account transcript are other common codes.

IRS Transcript Code 846 Refund of Overpayment is the transcript code that signals the time for a happy dance and that a refund is forthcoming.

IRS Transcript Code 570 Additional Liability Pending/or Credit Hold is a code that can mean different things for different people and your refund could be delayed. But don’t worry, it doesn’t mean you are being audited. Let’s call it the Bump in the Road code.

IRS Transcript Code 826 Overpayment Transferred is a code that means that a refund will be used to pay old IRS debts (offset).

IRS Transcript Code 898 FMS TOP Offset is a code that means that a refund will be offset and used to pay other non-IRS tax debt.

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Common Transcript Transaction Codes

The next section are also some common codes. The complete list of IRS transcript codes are at the bottom of this page. You can use the transcript search tool and see what other codes mean on your IRS account transcript.

150

Tax Return Filed

424

Examination Request Indicator

425

Reversed TC 424

570

Additional Account Action Pending

766

Generated Refundable Credit Allowance, IRS TOP Offset Reversal   w/OTN

768

Earned Income Credit

826

IRS Code 826 is a code that mean Overpayment Transferred and the refund will be used to pay old debts. (offset)

810

Refund Freeze

811

Reverse Refund Freeze

846

IRS Code 846 signals a refund has been issued and it is time to do a happy dance.

971

IRS Code 971 is a code meaning Miscellaneous Transaction. It usually signals that you will be getting a letter in the mail with more information about your tax return.

9001

IRS Reference Code 9001 is on the WMR, not transcripts. It is a code meaning there was an attempt to access information using the wrong Social Security number or TIN. We have a list of more WMR Reference Codes

Transcript Cycle CodesUpdate Cycle for Transcripts and WMRIRS Get Transcript

Search All IRS Transaction Codes and Error Codes

Search the complete list of IRS transaction codes from the official Internal Revenue Manual below.

wdt_ID Transaction Code Description
1 000 Establish an Account or Plan
2 001 Resequence an Account due to a TIN Change
3 001 Resequence due to Plan  Number change
4 001 Resequence an Account
5 001 TIN Change Failed to Resequence
6 002 Resequence EPMF Merge-Fail
7 003 Duplicate Tax Modules are not Resequenced
8 003 BMF Partial Merge
9 004 BMF Partial Merge
10 005 Resequenced Account or Plan for Merge
11 006 Account Resequenced to Master File Location
12 006 Merge Plan Resquenced
13 007 Carrier Transaction
14 008 IMF/BMF Complete Merge
15 011 Change EIN or SSN
16 011 Change Plan Number
17 012 Reopen Entity Account or Plan
18 013 Name Change
19 013 Plan Name Change
20 014 Address Change
21 015 Location and/or   ZIP Code
22 016 Miscellaneous Change Entity Codes
23 017 Spouse SSN
24 017 Change File Folder Number
25 018 Release Undeliverable Refund Check Freeze
26 019 ZIP Code/Area Office Change
27 020 Closes Account or Deactivates Account or Delete a Plan
28 022 Delete EO Submodule
29 023 Reverse the election to lobby
30 024 Election to Lobby
31 025 No Resequence-SSN
32 026 Delete Changed TIN or Old Plan Data
33 026 IMF/BMF Complete Merge
34 030 Update Location Codes Out-of- Campus
35 040 Directs Change to Valid SSN
36 041 Directs Change to Invalid SSN
37 052 Reversal of TC 053, 054, 055
38 053 Plan Year Ending Month Change
39 054 Retained FYM
40 055 Change or Adopt New FYM
41 057 Reversal of TC 054, 055
42 058 Rejection of Form 8716
43 059 Rejection of Form 1128
44 060 Elect Foreign Sales Corporation (FSC)
45 061 Revoke Reverses TC 060, 063, 064, or 065
46 062 Erroneous
47 063 FSC Election Received
48 064 FSC Election Denied
49 065 FSC Revocation Received
50 066 Terminate FSC Received
51 070 Church Exemption from Social Security Taxes
52 071 Revocation of Church Exemption from Social Security Taxes
53 072 Deletion of TC 070 Input in Error
54 073 Correction of Erroneous Revocation / Termination
55 076 Indicate acceptance of Form 8832
56 077 Reversal of TC 076
57 078 Rejection of Form 8832, Entity Classification Election
58 079 Revocation of Form 8832, Entity Classification Election
59 080 Validates Spouse’s SSN
60 082 Acceptance of Form 8869
61 083 Reversal of TC 082
62 084 Termination of Form 8869
63 085 Reversal of TC 084
64 086 Effective date of revocation
65 087 Reversal of TC 086
66 090 Small Business Election
67 091 Terminate Small Business
68 092 Reverses TC 090, 093, 095,097
69 093 Application for Small Business Election
70 094 Application for Small Business Denied
71 095 Application for Small Business Pending
72 096 Small Business Election Terminated
73 097 Application for Small Business Pending National Office Approval
74 098 Establish or Change in a Fiduciary Relationship
75 099 Termination of Fiduciary Relationship
76 100 Acceptance of Qualified Subchapter S Trust (QSST)
77 101 Revocation of Qualified Subchapter S Trust (QSST)
78 102 Acceptance of Electing Small Business Trust (ESBT)
79 103 Revocation of Electing Small Business Trust (ESBT)
80 110 Designates Windfall Profits Tax Return to GMF Unpostable System
81 120 Account Disclosure Code
82 121 Employee Plan Characteristics
83 122 Reversal of Employee Plan Characteristics
84 123 Update of Employee Plan Characteristics
85 125 Plan Termination
86 126 Reversal of Termination
87 127 Administrator Data Change
88 128 Administrator Data Change
89 129 HHS Request
90 130 Entire Account Frozen from Refunding
91 131 Reversal of TC 130 Refund Freeze
92 132 Reversed TC 130
93 136 Suppress FTD Alert
94 137 Reverse Supress
95 140 IRP Delinquency Inquiry
96 141 Delinquency Inquiry
97 142 Delinquency Investigation
98 148 Issuance of TDA or   Assembly
99 149 Reversal of TC 148
100 150 Return Filed & Tax Liability Assessed
101 150 Entity Created by TC 150
102 151 Reversal of TC 150 or 154
103 152 Entity Updated   by TC 150
104 154 Posting F5330 Data
105 155 1st Correspondence Letter Sent
106 156 Subsequent Correspondence Sent
107 157 Schedule A
108 157 Form 5578, Non- Discrimination Certification
109 159 Settlement Data
110 160 Manually Computed Delinquency Penalty
111 161 Abatement of Delinquency Penalty
112 162 Failure to File Penalty Restriction Deletion
113 166 Delinquency Penalty
114 167 Abate Delinquency Penalty
115 170 Estimated Tax Penalty
116 171 Abatement of Estimated Tax Penalty
117 176 Estimated Tax Penalty
118 177 Abatement of Estimated Tax Penalty
119 180 Deposit Penalty
120 181 Deposit Penalty Abatement
121 186 FTD (Deposit) Penalty Assessment
122 187 Abatement of FTD Penalty Assessment
123 190 Manually Assessed Interest Transferred In
124 191 Interest Abatement
125 196 Interest Assessed
126 197 Abatement of Interest Assessed
127 200 Taxpayer Identification Number Penalty Assessment
128 201 Taxpayer Identification Number Penalty Abatement
129 234 Assessed Daily Delinquency Penalty
130 235 Abates Daily Delinquency Penalty
131 238 Daily Delinquency Penalty
132 239 Abatement of Daily Delinquency Penalty
133 240 Miscellaneous Penalty
134 241 Abate Miscellaneous Civil Penalty
135 246 Form 8752 or 1065 Penalty
136 247 Abatement of 1065 Penalty
137 270 Manual Assessment Failure to Pay Tax Penalty
138 271 Manual Abatement of Failure to Pay Tax Penalty
139 272 Failure to Pay Penalty Restriction Deletion
140 276 Failure to Pay Tax Penalty
141 277 Abatement of Failure to Pay Tax Penalty
142 280 Bad Check Penalty
143 281 Abatement of Bad Check Penalty
144 286 Bad Check Penalty
145 287 Reversal of Bad Check Penalty
146 290 Additional Tax Assessment
147 291 Abatement Prior Tax Assessment
148 294 Additional Tax Assessment with Interest Computation Date
149 295 Abatement of Prior Tax Assessment with Interest Computation Date
150 298 Additional Tax Assessment with Interest Computation Date
151 299 Abatement of Prior Tax Assessment Interest Computation Date
152 300 Additional Tax or Deficiency Assessment by Examination Div. or Collection Div.
153 301 Abatement of Tax by Examination or Collection Div.
154 304 Additional Tax or Deficiency, Assessment by Examination, Div.with Interest Computation Date
155 305 Abatement of Prior Tax Assessment by Examination Div. with Interest Computation Date
156 308 Additional Tax or Deficiency Assessment by Examination or Collection Div. with Interest Computation Date
157 309 Abatement of Prior Tax Assessment by Examination Div. with Interest Computation date
158 310 Penalty for Failure to Report Income from Tips
159 311 Tip Penalty Abatement
160 320 Fraud Penalty
161 321 Abatement of Fraud Penalty
162 336 Interest Assessment on Additional Tax or Deficiency
163 337 Abatement of Interest Assessed on Additional Tax or Deficiency
164 340 Restricted Interest Assessment
165 341 Restricted Interest Abatement
166 342 Interest Restriction Deletion
167 350 Negligence Penalty
168 351 Negligence Penalty Abatement
169 360 Fees & Collection Costs
170 361 Abatement of Fees & Collection Costs
171 370 Account Transfer-In
172 380 Overpayment Cleared Manually
173 386 Clearance of Overpayment
174 388 Statute Expiration Clearance to Zero Balance and Removal
175 389 Reversal of Statute Expiration
176 400 Account Transfer-out
177 402 Account Re-Transferred-In
178 420 Examination Indicator
179 421 Reverse Examination Indicator
180 424 Examination Request Indicator
181 425 Reversed TC 424
182 427 Request Returns from SERFE file
183 428 Examination or Appeals Case Transfer
184 429 Request AIMS Update from MF
185 430 Estimated Tax Declaration
186 430 Entity Created by TC 430
187 432 Entity Updated   by TC 430
188 446 Merged Transaction Indicator
189 450 Transferee Liability Assessment
190 451 Reversal of TC 450
191 459 Prior Quarter Liability, Forms 941 and 720
192 460 Extension of Time for Filing
193 462 Correction of a TC 460 Transaction Processed in Error
194 463 Waiver to File on Mag Tape
195 464 Reversal of TC 463
196 468 Extension of Time to Pay Estate Tax
197 469 Reversal of TC 468
198 470 Taxpayer Claim Pending
199 471 Reversal of Taxpayer Claim Pending
200 472 Reversal of Taxpayer Claim Pending
201 474 Interrupts Normal Delinquency Processings
202 475 Permits TDI Issuance
203 480 Offer-in-Compromise Pending
204 481 Offer-in-Compromise Rejected
205 482 Offer-in-Compromise Withdrawn/Terminated
206 483 Correction of Erroneous Posting of TC 480
207 488 Installment and/or Manual Billing
208 489 Installment Defaulted
209 490 Mag Media Waiver
210 494 Notice of Deficiency
211 495 Closure of TC 494 or correction of TC 494 processed in error
212 500 Military Deferment
213 502 Correction of TC 500 Processed in Error
214 503 TC 500 changed to 503 when posting TC 502
215 510 Releases Invalid SSN Freeze on Refunds
216 520 IRS Litigation Instituted
217 521 Reversal of TC 520
218 522 Correction of TC 520 Processed in Error
219 524 Collateral Agreement Pending
220 525 Collateral Agreement No Longer Pending
221 528 Terminate Stay of Collection Status
222 530 Currently not Collectible Account
223 531 Reversal of a Currently not Collectible Account
224 532 Correction of TC 530 Processed in Error
225 534 Expired Balance Write-off, accrued or assessed
226 535 Reversal of Expired Balance Write-off
227 537 Reversal of Currently not Collectible Account Status
228 538 Trust Fund Recovery Penalty Cases
229 539 Trust Fund Recovery Penalty Case Reversal
230 540 Deceased Taxpayer
231 542 Correction to TC 540 Processed in Error
232 550 Waiver Extension of Date Collection Statute Expires
233 560 Waiver Extension of Date Assessment Statute Expires
234 570 Additional Liability Pending/or Credit Hold
235 571 Reversal of TC 570
236 572 Correction of TC 570 Processed in Error
237 576 Unallowable Tax Hold
238 577 Reversal Of TC 576
239 582 Lien Indicator
240 583 Reverse Lien Indicator
241 586 Transfer/revenue receipt cross ref. TIN
242 590 Satisfying Trans. Not liable this Tax period
243 591 Satisfying Trans. No longer liable for tax for same MFT if not already delinquent
244 592 Reverse 59X Trans.
245 593 Satisfying Trans. Unable to locate taxpayer
246 594 Satisfying Trans. Return previously filed
247 595 Satisfying Trans. Referred to Examination
248 597 Satisfying Trans. Surveyed satisfies this module only
249 598 Satisfying Trans. Shelved- satisfies this module only
250 599 Satisfying Trans. Returned secured-satisfies this module only
251 600 Underpayment Cleared Manually
252 604 Assessed Debit Cleared
253 605 Generated Reversal   of TC 604
254 606 Underpayment Cleared
255 607 Reversal of Underpayment Cleared
256 608 Statute Expiration Clearance to Zero Balance and Remove
257 609 Reversal of Statute Expiration
258 610 Remittance with Return
259 611 Remittance with Return Dishonored
260 612 Correction of 610 Processed in Error
261 620 Initial Installment Payment: Form 7004, MFT 02+33
262 621 Installment Payment Check Dishonored
263 622 Correction of TC 620 Processed in Error
264 630 Manual Application of Appropriation Money
265 632 Reversal of Manual Application of Appropriation Money
266 636 Separate Appropriations Refundable Credit
267 637 Reversal of Separate, Appropriations Refundable Credit
268 640 Advance Payment of Determined Deficiency or Underreporter Proposal
269 641 Dishonored Check on Advance Payment
270 642 Correction of TC 640 Processed in Error
271 650 Federal Tax Deposit
272 651 Dishonored Federal Tax Deposit
273 652 Correction of FTD Posted in Error
274 660 Estimated Tax
275 660 Federal Tax Deposit
276 661 ES payment or FTD Check Dishonored
277 662 Correction of TC 660 Processed in Error
278 666 Estimated Tax Credit Transfer In
279 667 Estimated Tax Debit Transfer out
280 670 Subsequent Payment
281 671 Subsequent Payment Check Dishonored
282 672 Correction of TC 670 Processed in Error
283 673 Input of a TC 672 Changes an existing TC 670 to TC 673
284 678 Credits for Treasury Bonds
285 679 Reversal of Credits for Treasury Bonds
286 680 Designated Payment of Interest
287 681 Designated Payment Check Dishonored
288 682 Correction of TC 680 Processed in Error
289 690 Designated Payment of Penalty
290 691 Designated Payment Check Dishonored
291 692 Correction of TC 690 Processed in Error
292 694 Designated Payment of Fees and Collection Costs
293 695 Reverse Designated Payment
294 700 Credit Applied
295 701 Reverse Generated Overpayment Credit Applied
296 702 Correction of Erroneously Applied Credit
297 706 Generated Overpayment Applied from Another Tax Module
298 710 Overpayment Credit Applied from Prior Tax Period
299 712 Correction of TC 710 or 716 Processed in Error
300 716 Generated Overpayment Credit Applied from Prior Tax Period
301 720 Refund Repayment
302 721 Refund Repayment Check Dishonored
303 722 Correction of TC 720 Processed in Error
304 730 Overpayment Interest Applied
305 731 Reverse Generated Overpayment Interest Applied
306 732 Correction of TC 730 Processed in Error
307 736 Generated Interest Overpayment Applied
308 740 Undelivered Refund Check Redeposited
309 742 Correction of TC 740 Processed in Error
310 756 Interest on Overpayment Transferred from IMF
311 760 Substantiated Credit Payment Allowance
312 762 Correction of TC 760 Processed In Error
313 764 Earned Income Credit
314 765 Earned Income Credit Reversal
315 766 Generated Refundable Credit Allowance
316 766 IRS TOP Offset Reversal   w/OTN
317 767 Generated Reversal of Refundable Credit Allowance
318 767 Rejected TOP Offset Reversal w/OTN
319 768 Earned Income Credit
320 771 Interest Reversal Prior to Refund Issuance
321 772 Correction of TC 770 Processed in Error or interest netting
322 776 Generated Interest Due on Overpayment
323 777 Reverse Generated Interest Due Taxpayer or interest netting
324 780 Master File Account Compromised
325 781 Defaulted Account Compromise
326 782 Correction of TC 780 Processed in Error
327 788 All Collateral Conditions of the Offer Completed
328 790 Manual Overpayment Applied from IMF
329 792 Correction of TC 790 Processed in Error
330 796 Overpayment Credit from IMF
331 800 Credit for Withheld Taxes
332 802 Correction of a TC 800 Processed in error
333 806 Credit for Withheld Taxes & Excess FICA
334 807 Reversed Credit for Withheld Taxes
335 810 Refund Freeze
336 811 Reverse Refund Freeze
337 820 Credit Transferred
338 821 Reverse Generated Overpayment Credit Transferred
339 822 Correction of an Overpayment Transferred In Error
340 824 Overpayment Credits Transferred to Another or to Non-MF Accounts
341 826 Overpayment Transferred
342 830 Overpayment Credit Elect (Transferred) to Next Periods Tax
343 832 Correction of Credit Elect
344 836 Overpayment Credit Elect Transferred to Next Periods Tax
345 840 Manual Refund
346 841 Cancelled Refund Check Deposited
347 842 Refund Deletion
348 843 Check Cancellation Reversal
349 844 Erroneous Refund
350 845 Reverse Erroneous Refund
351 846 Refund of Overpayment
352 850 Overpayment Interest Transfer
353 851 Reverse Generated Overpayment Interest Transfer
354 852 Correction of TC 850 Processed in Error
355 856 Overpayment Interest Transfer by Computer
356 860 Reverses Erroneous Abatement
357 876 Interest on Overpayment Transferred to BMF
358 890 Manual Transfer of Overpayment Credits to BMF
359 892 Correction of TC 890 Processed in Error
360 896 Overpayment Credit Offset
361 897 DMF Offset Reversal
362 898 FMS TOP Offset
363 899 FMS TOP Offset reversal or Agency Refund/Reversal
364 901 Delete IDRS Indicator
365 902 Campus IDRS Indicator
366 903 Master File IDRS Entity Delete
367 904 Notify IDRS Entity or Module not Present
368 920 IDRS Notice Status
369 922 IRP Underreporter
370 924 IRP Communication
371 930 Return Required Suspense
372 932 Reverse Return Required Suspense
373 960 Add/Update Centralized Authorization File Indicator Reporting Agents File; acknowledgment for Power of Attorney
374 961 Reverse Centralized Authorization File Indicator
375 970 F720 Additional Schedules; or F945 liability amounts from F945-A and related dates, F941 liability amounts from Schedule B and related dates
376 971 Miscellaneous Transaction
377 972 Reverses Amended/ Duplicate Return XREF TIN/ Tax Period Data
378 973 Application for Tentative Refund F1139 Processed Return Filed-8038 Series Return and Additional Filing of Form 5330
379 976 Posted Duplicate Return
380 977 Posted Amended Return Posted Consolidated Generated Amended, Late Reply, or DOL Referral
381 980 W-3/1096 Transaction
382 982 CAWR Control DLN Transaction
383 984 CAWR Adjustment Transaction
384 986 CAWR Status Transaction
385 990 Specific Transcript
386 991 Open Module Transcript
387 992 Complete or TaxClass Transcript
388 993 Entity Transcript
389 994 Two Accounts Failed to Merge/ Transcript Generated
390 995 Difference in Validity Status/ Transcript Generated
391 996 Follow-up on Uncollectible
392 998 Update Entity Information

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