We were like wtf no obviously we didnt know that for some reason, no one told us that even though we have called the IRS several times and I even called the National Taxpayer AdvoHas anyone gone through the entire process of returning necessary information for tax topic 151.reference 1242? What type of response did you receive? IThe IRS website cites Tax Topic 151 as a general reference for taxpayers who are looking to appeal an IRS decision. ... Take Action with Tax Topic 151 and ref #1242 means to look for a. com Tax Topic 151 & 152 ⋆ RefundTalk. Jamie Lee Jackson, age 26, is in her last semester of college and is waiting for graduation day that is just around the ...Oct 16, 2023 · What Does Tax Topic 151 and Reference 1242 Mean? If you see these numbers on the IRS's website, it means that the IRS has selected your tax return for a review, and if you don't like the results of the review, you have the right to appeal.I originally filed 6/20 had to verify 9/8 got a letter 10/4 about my offset and that it should be here in 4-6 weeks but my status bar still say take actionหวย ทอง ข่าวสาร. Primary Navigation Menu. Menu. ข่าว ข่าว; ดารา ดารา; ฟุตบอล ฟุตบอล ...Learn about IRS Tax Topic 151 and Reference Number 1242 to stay informed about important tax information for your business and finance needs. Understand the implications and requirements to ensure compliance and financial stability. ... thereby enabling them to take appropriate action or seek further information as necessary. In essence ...I don't owe anything so I don't understand why I'm getting a notice of action letter with a topic of 151. 1 coin - March 29 at 12:58 PM. View previous replies... Leilani Gutierrez. ... It's a reference code for tax topic 151, which basically they will be requesting proof of dependents. 1 coin - March 29 at 2:18 PM.Tax Topic 151. Has anyone received an update with this topic 151 and reference code 1242? Yes this is for taxes filed using COVID-19 credits. Well I haven’t seen any movement with people claiming those credits at all someone posted a letter on FB from Irs asking for supported documents they needed so idk .You may receive a tax topic 151 letter in lieu of a full tax refund, or any refund at all. If you've received this notice, it means that your tax refund is either being reduced or withheld entirely by the Department of Treasury so that they can use it to pay for things that they believe you owe.Nov 19, 2021. Tax Topic 151 means your return is ...Summary: The IRS organizes certain especially important or frequently needed taxpayer information into a list of tax topics. One of these, tax topic 151, …Community Experts online right now. Ask for FREE. ... Ask Your Question Fast!Often paired with Tax Topic 151, reference code 1242 means that the IRS has selected your return for further review. This code applies to returns that have been e-filed at least three weeks ago. The code indicates that the IRS has frozen your return for review, and the agency will send you a notice later. In some cases, you may see code 1262 ...Jun 6, 2019 · If i recieved a tax topic 151 with a reference #1242 and i know where the mistake was made can i amend my return No. Wont matter if you amend it. 1 it takes longer on an amended return and 2 its already being reveiwed and amended by them anyway.WMR tool says I need to "TAKE ACTION," with a link to Tax Topic 151 info, and IRS phone number and saying to mention "reference number 1242." Transcript shows a credit on my account for the exact amount of the EITC. (Transcript also shows a tax return filing date of 04-05-2021, as well as a refund freeze, removed refund freeze, and ...When I had tax topic 151 last year. I waited 3 months just to get a letter in the mail from the irs saying they needed proof of certain things. Try to get a look at your transcript to see if a letter has been issued.Received Tax Topic 151 message with Take Action: Urgent: Confused and worried about refund being reduced/withheld. Explain Tax Topic 151 means refund offset for debts. Recommend reviewing notice and contacting relevant agency (e.g., student loan servicer) to resolve debt. Take Action message but already verified identity: FrustratedTo find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. You will get a letter in the mail explaining what all this is, but if your don`t want to wait for the letter you can give the IRS a call.What to learn more about this reference code? Please read our article about what tax topic 152 means if you’re still unsure whether it’s good or bad. 4. Should I Be Concerned About Reference Number 1242? The short answer is yes. Reference number 1242 could indicate a potentially serious issue that requires your full attention.I called last week. They said I might want to go over my returns and amend if necessary. It's not necessary. Tax topic 151. Reference 1242. My transcript looks the EXACT same. I've never had an issue with my taxes and this year we need it the most 😭. Exact same situation. Codes as shown plus the 810, and the 151.Jan 12, 2024 · Appeals strives to resolve tax disputes in a fair way and remain impartial to both parties. The IRS will send you a report and/or letter that will explain the proposed adjustments or proposed or taken collection action.I called last week. They said I might want to go over my returns and amend if necessary. It’s not necessary. Tax topic 151. Reference 1242. My transcript looks the EXACT same. I've never had an issue with my taxes and this year we need it the most 😭. Exact same situation. Codes as shown plus the 810, and the 151.It says I must take action. It referred to tax topic 151. I need help. US En . United States (English) United States (Spanish) Canada (English) Canada (French) TURBOTAX; Expert does your taxes. Back. Expert does your taxes. An expert does your return, start to finish. Full Service for personal taxes Full Service for business taxes.3:30 am to 6:00 am. and 9:00 pm to Midnight. Also, occasionally the IRS system may be unavailable on Sundays between 1:00 am and 7:00 am Eastern Time. IRS Reference Code 1242. In most instances, when you check the status of your return on the “Where’s My Refund?” portal, you will receive a message stating that your return is being ...IRS Reference Code 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received IRM 21.5.6.4.8, -E FreezeNotwithstanding Section 23.1241 (Dealer's Heavy Equipment Inventory; Value), a person who agrees to pay current year heavy equipment inventory taxes as provided by this subsection is not required to file a declaration until the year following the acquisition. This subsection does not relieve the selling owner of the tax liability.Jun 5, 2019 · Bookmark Icon. Critter. Level 15. Code 1242 simply means that your return was e-filed 3 weeks ago and your refund is frozen while the IRS asks for more information such as a birth certificate for a dependent, etc. Tax Topic 151 means your return is under review.More Topics Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop ...Tax topic 151 reference code 1241. Tax Refund/ E-File Status Question. I filled electronically back in July, they asked me to mail in my tax return (I did in early august), then I went to go verify my identity back in November. Fast forward to today I have tax topic 151 and reference code 1241. After doing my research, I have a general gist of ...IRS Tax Refund Reference Codes. 1001 – Refund paper check mailed more than 4 weeks ago See IRM 21.4.1.3.4, Refund Issued But, Lost, Stolen, Destroyed or Not Received. 1101 – No data, taxpayer filed paper return more than 6 weeks ago See IRM 21.4.1.3.1.1, Return Not Found. 1102 – No data, taxpayer filed electronic return more than 3 weeks ...Tax Topic 151, Reference # 1242. Tax Refund/ E-File Status Question. Hello. When I go to check my return, tax topic 151 and a reference number shows up, (#1242). I filed my return in July, I got in touch with the IRS to check on my return and verified my identity in August.I had both my bars and the tax topic disappear almost exactly 21 days since filing, and it has since reappeared within the past week. All it says now is the "still processing" message with TT 152 and no refund amount on the lefthand side. [edit 2] Now my WMR has updated to a Take Action notice with code 1242 and TT 151.Appeals strives to resolve tax disputes in a fair way and remain impartial to both parties. The IRS will send you a report and/or letter that will explain the proposed adjustments or proposed or taken collection action.To find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. You will get a letter in the mail explaining what all this is, but if your don`t want to wait for the letter you can give the IRS a call.And before we get rolling, I encourage you to search over the last month or so on r/IRS for "tax topic 151 and code 1242" posts, because there's a bunch of them. Any update same situation here. That’s the exact same day i did mine too, tbh I’m tryin to c if anybody gotten thier return after having 151 code.When was the last time that you had overproof rum? Most likely, it was either during an ill-advised, 151-fueled Spring Break bender or while lounging on a Caribbean beach. (Or, if ...r/tax. •. prashanth1337. Partially refunded. Tax Topic 151. Unsolved. Submitted my 1040 (Filed as Single) on 02/19 and I received a partial refund today from the IRS. Upon checking 'Where's My Refund' , I see the code Tax Topic 151 and details around the appeal process. I know I will receive a letter from the IRS in a few days and I am ...If i recieved a tax topic 151 with a reference #1242 and i know where the mistake was made can i amend my return No. Wont matter if you amend it. 1 it takes longer on an amended return and 2 its already being …2. Which tax forms or documents commonly reference 1242? The code 1242 can be found on various tax forms and documents, including but not limited to: - Form 1040: U.S. Individual Income Tax Return - Form 1040A: U.S. Individual Income Tax Return (short form) - Form 1040EZ: Income Tax Return for Single and Joint Filers With No DependentsWe have received your tax return and it is being reviewed. Please read the following information related to your tax situation: Tax Topic 151, Your Appeal Rights If you have questions or need additional information, please have the following on hand when you call: A copy of this page. A copy of your tax return.r/tax. •. prashanth1337. Partially refunded. Tax Topic 151. Unsolved. Submitted my 1040 (Filed as Single) on 02/19 and I received a partial refund today from the IRS. Upon checking 'Where's My Refund' , I see the code Tax Topic 151 and details around the appeal process. I know I will receive a letter from the IRS in a few days and I am ...After that I called the (800) 829-0582 and told them about the code 1242 and tax topic 151. The rep told me to wait for letters which I did and they’ll review to verify there’s no issue with my return which would take up to 9 weeks. The letters I got showed all the debt I owed with penalties fees attached the letters also gives a due date ...If i recieved a tax topic 151 with a reference #1242 and i know where the mistake was made can i amend my return No. Wont matter if you amend it. 1 it takes longer on an amended return and 2 its already being reveiwed and amended by them anyway.Tax Topic 151 is a crucial topic for taxpayers to understand. It refers to the process of amending a previously filed tax return. Making an amendment to a. Tax Topic 151 is a crucial topic for taxpayers to understand. It refers to the process of amending a previously filed tax return. Making an amendment to a.Bookmark Icon. Critter. Level 15. Code 1242 simply means that your return was e-filed 3 weeks ago and your refund is frozen while the IRS asks for more information such as a birth certificate for a dependent, etc. Tax Topic 151 means your return is under review.Topic No. 152 is an IRS resource that outlines possible reasons for tax return delays. On the IRS 's webpage for Topic No. 152, the agency says that it issues nine out of 10 tax refunds in less ...Feb 16, 2024 · 1061 - BFS part offset, direct deposit more than 1 week ago ( contact BFS at 1-800-304-3107) 1081 - IRS full or partial offset, paper check mailed more than 4 weeks ago. 1091 - IRS full or partial offset, direct deposit more than one week ago. 1101 - No data, taxpayer filed paper return more than 6 weeks ago.1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received. Should receive a letter from the IRS within 30 days requesting what additional info they need. Personal experience: I got DDD of 23rd but roommate code 1242.1 Best answer. Rachel_W. Expert Alumni. Tax Topic 151 means your return is under review. There are numerous reasons the IRS may review your return including but not limited to credit claims such as Earned Income Credit or the Education Credits. Your best bet is to wait until you receive a letter from the IRS, which can take up to or more than 4 ...It is the explanation given by the IRS according to the official description given according to the Internal Revenue Service Master File Codes. The meaning of this code is related to the tax return being processed. It will also apply if the government or the IRS has not approved or rejected your refund. It is a code that will provide information about refunds, and in some cases, the status of ...Appeals strives to resolve tax disputes in a fair way and remain impartial to both parties. The IRS will send you a report and/or letter that will explain the proposed adjustments or proposed or taken collection action.I went ahead and took care of that and sent it off in early March. I haven't had a single notice from the IRS about the 2021 return since then. I was expecting a refund, so I went to check my refund using their online tool and the response was Tax Topic 151, Reference 1241.Tax Topic 151 means your return is under review. This can be done for various credit claims such as Earned Income Credit or any of the education tax breaks (this is not all inclusive). Your best bet it to wait until the IRS contacts you via letter which can take up to or more than 4 weeks for you to receive it.With fluctuating petrol prices being a topic of concern for many New Zealanders, it’s important to understand the factors that contribute to these changes. From global oil demand t...Checking your refund status. You can start checking on the status of your refund within: 24 hours after e-filing a tax year 2023 return. 3 or 4 days after e-filing a tax year 2021 or 2022 return. 4 weeks after mailing a return. Have your tax return handy so you can provide your taxpayer identification number, your filing status, and the exact ...Summary: The IRS organizes certain especially important or frequently needed taxpayer information into a list of tax topics. One of these, tax topic 151, …What does tax topic 151 reference #1242 mean? by Wilford in Refund, asked on 02/03/2013 . 3 answers My state tax status shows "pending review"... I`m wondering why. ... How long does it take to get your mass state tax refund back . i efiled on the 30th and the computer sysyem says that it has been processed and sent o.AnnaB. New Member. Tax Topic 151 means your return is under review. This can be done for various credit claims such as Earned Income Credit or any of the education tax breaks (this is not all inclusive). Your best bet it to wait until the IRS contacts you via letter which can take up to or more than 4 weeks for you to receive it.r/IRS. • 1 mo. ago. Candid-Nectarine4541. IT HAPPENED!!!!!! Filed 1/22. Tax Refund/ E-File Status Question. Words can not describe the relief I am feeling right now. Filed 1/22 and got an 810 freeze code and was told to wait 180 days with no reason, notices, or actions. Finally got 846 code and freeze lifted.Yes, that's a standard tax topic just saying that if your return is accurate and complete, you'll have your refund in 21 days or less. Edit: it's on there for everyone likely to prevent mass people from calling after 5-10 days asking where their refund is at lol. Same thing here. Same word for word and filing date.You can also review the link in the status message with a reference to Tax Topic 151. This will confirm the process the IRS uses to signify the next processing stage and what your options are to appeal …Tax Topic 151 Reference 1242 is an IRS code indicating that your tax return has been flagged and placed under review. This could happen for various reasons, such as a potential identity theft attempt or suspected inaccurate information. ... Sometimes, they uncover other issues that require further action, lengthening the investigation. But in ...Usually means an offset usually either child support or back taxes. Call this automated line to get offset details. 18003043107. Dial 7 wait a second, then 1 wait a few more seconds and then 1. After this listen to the prompt. Dial one to check for taxes. Dial 2 to check for child support or business debt.Www irs gov what does 1242 mean . Community Experts online right now. Ask for FREE. Ask Your Question Fast! Categories ...Bond immunization is a strategy used to reduce interest rate risk in a bond portfolio. As in medicine, the use of the word immunization refers to reducing risks through preventativ...Tax topic 152 is just general information about the IRS processing of returns. A lot of times, if you signed up for direct deposit, you'll see this tax topic appear in the Where's My Refund tool. If the IRS needs more information from you, they will indicate it here followed up by a letter sent to you, there is no need for concern when you see this particular topic.Often paired with Tax Topic 151, reference code 1242 means that the IRS has selected your return for further review. This code applies to returns that have been e …In conclusion, although getting a Tax Topic 151 message can seem daunting, knowing your appeal rights and having a clear understanding of the process can go a long way. And remember, there's always help available - from the IRS itself to tax professionals ready to step in and guide you.2. Which tax forms or documents commonly reference 1242? The code 1242 can be found on various tax forms and documents, including but not limited to: - Form 1040: U.S. Individual Income Tax Return - Form 1040A: U.S. Individual Income Tax Return (short form) - Form 1040EZ: Income Tax Return for Single and Joint Filers With No DependentsThe IRS publishes answers to many common tax-related questions. Tax Topic 152 addresses the question of delayed income tax returns. In addition to publishing a tax topic on the subject of delayed returns, the "Where's My Refund" tool allows filers to check the status of their refund, as little as 24 hours after filing their return.We would like to show you a description here but the site won't allow us.The IRS lists several common reasons for a delay: Refunds from amended returns could take up to 20 weeks. If you filed an injured spouse claim. Refund claims with an application for an individual ...หวย ทอง ข่าวสาร. Primary Navigation Menu. Menu. ข่าว ข่าว; ดารา ดารา; ฟุตบอล ฟุตบอล ...InsideEar2724. •. I had tax topic 151, 1242 for a month I got a tax advocate guy from ny he got my refund within a week. I claimed covid sick credits wmr never updated. I had 810 freeze code, I paid the tax guy $100. Reply. 81K subscribers in the IRS community. Get help with your taxes from experts and fellow taxpayers. Stay ahead of the ...IRS Tax Refund Reference Codes. 1001 – Refund paper check mailed more than 4 weeks ago See IRM 21.4.1.3.4, Refund Issued But, Lost, Stolen, Destroyed or Not Received. 1101 – No data, taxpayer filed paper return more than 6 weeks ago See IRM 21.4.1.3.1.1, Return Not Found. 1102 – No data, taxpayer filed electronic return more than 3 weeks ...The 806 code is for W-2 and 1099 withholding. It could be that IRS has your return, but has not yet processed the W-2 that reported the withholding. IRS had to put this kind of hold in place because of a popular tax scam. People would create phony W-2, go to a storefront preprer, file a scam return, and get their refund $$ right away.• Tax Topic 151, Your Appeal Rights If you have questions or need additional information, please have the following on hand when you call: • A copy of this page. ... Please mention reference number 1242 to the IRS Customer Service Representative. IRS Hours of Service: Monday through Friday, from 7 a.m. to 7 p.m. …1430 gerber bridge convention • 2020年10月7日 14:45 • 阅读 1 • 2020年10月7日 14:45 • 阅读 1Bookmark Icon. Critter. Level 15. Code 1242 simply means that your return was, The Sunbiz official site is an online resource for busines, December 30, 2024. January 3, 2025. December 30, 2024. January , Feb 17, 2024 · Reference number codes are how the IRS systems classify in, When I called the irs they said the 570 is a 120 day hold that may be extended. And it is checking the in, We were like wtf no obviously we didnt know that for some reason, no one told us that e, If you fail to file your taxes on time, you may miss out on your refund or f, Wmr what is reference code 1242 from irs mean. I check, Apr 24, 2022 · A tax topic 151 notice is a document from th, After that I called the (800) 829-0582 and told them about the code, Community Experts online right now. Ask for FREE. ... Ask Y, Irs gov topic 151 reference 1242 . Community Experts onli, More Topics Animals and Pets Anime Art Cars and Motor Vehicles, Community Experts online right now. Ask for FREE. ... Ask , What is a tax topic 151. What is a tax topic 151. Asked in Niagara Fa, Reference number codes are how the IRS systems classify , eric text to speech mp3 Car Sound & Alarms. Home (current);, Topic no. 151, Your appeal rights. The IRS works with t.