Your tax refund might be delayed for being resequenced. The Where’s My Refund (WMR) tool might tell you that “Your tax return is still being processed. A refund date will be provided when available.” Resequenced circumstances happen behind the scenes while your tax return is being processed and can sometimes cause a delay of your … Read more
Tax refunds can be delayed for being resequenced or unpostable. Where’s My Refund (WMR) tool on irs.gov might tell you that “Your tax return is still being processed. A refund date will be provided when available.” Resequenced or unpostable circumstances happen behind the scenes while your tax return is being processed. Resequenced Resequencing involves correction … Read more
Unpostable Overview Below are specific procedures how the IRS processes unpostable tax return transactions. It is directly from the IRS manual and is only for reference because it is complex. The easiest way to understand unpostables is to read more about How to Resolve Unpostable Tax Return, Resolution Time, Responding to Taxpayer Inquiries to see … Read more
Transaction Code 570 Sometimes it can seem like the tax season is moving at a slower pace than prior years. You see other people getting their tax refunds quickly, but here you sit wondering why you haven’t received your tax refund yet. Usually, around two weeks into the opening of tax season, we notice an … Read more
Explain it like I’m 5… Tax returns are processed by the IRS in cycles based on the “type” of account they have. For many people, transactions can be processed any day of the week. But for some people the IRS only processes and posts to the IRS master file (IMF) once per week. This is … Read more
Transaction Code Overview Transaction Codes (TC) sometimes called transcript codes consist of three digits and may 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 … Read more
What is an IRS transcript? IRS transcripts provide information about your tax account, your tax returns, wage and income and if you filed a tax return. They provide line by line information about your tax account and tax returns. You can also see critical dates when an action has been taken on your account. Actions … Read more
The Truth About Topic 152 Tax Topics are displayed when people check Where’s My Refund on the IRS website. The most common is Tax Topic 152. These tax topics are a way that the IRS communicates with taxpayers about the status of their tax refund. Rest assured, Tax Topic 152 is not something to be … Read more
IRS Transcript Service There are three ways to get an IRS transcript. You can use the online, phone or mail request. You can order copies of tax records for past tax returns, account information, wage and income statements and verification of non-filing letters. The easiest and fastest way to get a transcript is to access … Read more