Explore tax tools, get tips, and read reviews. ... 1/30 then all this time it was saying being processed an then saturday i ck it an it has being reviewed with that 151 topic an code 1242 im so stressed has this happen to anyone else. February 25, 2019 11:24 PM. 0 1,011Take Action!! 151 Tax topic Ref 1242. Tax Question. Filed 2/12 been waiting since, on 04/09 checked WMR had message, We have received your refund and is being reviewed. called Irs today on the phone 1hr.25m constantly placed on hole to check my issue . only to come back and say wait for a letter 30 days from 04/08. anyone in this situation and ...TikTok video from Simplistic Motivation (@simplisticmotivation): "TAX TOPIC 152 and TAX TOPIC 151 reference code 1242 #irs #taxtopic152 #taxtopic151 #taxtopic203 #foryoupage #fyp #viral #tiktok #2022taxrefund". IRS TAX TOPICS Aesthetic - Tollan Kim.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 FreezeReference number codes are how the IRS systems classify informational or processing actions, much like tax transcript codes. According to the IRS manual, Code 1242 essentially means, your return was received but is frozen (from any further actions) and under review. So while this does create a sense of panic, don't get overly stressed as the ...Www irs gov what does 1242 mean . Community Experts online right now. Ask for FREE. Ask Your Question Fast! Categories ...Key Takeaways: Tax Topic 151 involves the right to appeal when the IRS withholds or reduces a tax refund. Reference 1242 indicates that a tax return has been received but is currently under review and cannot be processed further. A Tax Topic 151 notice informs taxpayers that their refund is being reduced or withheld.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.lilmispunk69. Level 1. I got the same thing exactly. Ive read around and the 151 means its being reviewed still and that you may owe something weather it be a student loan a traffic ticket etc.... The 1242 means they are going to need something from you like proof of a birth certificate on a dependent or foster care papers etc...Talk to a human by calling with Claimyr. Get your IRS questions answered in seconds by hundreds of thousands of experts, tax payers, claimants, and moderators.The normal time for the return processing is 6-8 weeks for paper filing. However, if you have filed an electronic return, it should take less than three weeks. However, if the tax code 152 appears on the return, it will take more time than usual. There are multiple reasons that lead to the appearance of tax topic 152.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.Tax topic 151 reference 1242 Tax topic 151 mean Topic 151 Tax topic 151 . Community Experts online right now. Ask for FREE. Ask Your Question Fast! Categories Arts & Humanities ... We have received your tax return and it is being reviewed take action tax topic 151.Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in processing - everything. Don't post questions related to that here, please. ... Tax topic 151 reference number 1242 ...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 .What does the IRS reference number 1242 mean? With the IRS, the reference number 1242 means that the IRS put a freeze on your account. This typically occurs when they are waiting for additional information from you. Wiki User ∙ 2014-06-04 22:34:04.Reference number 1242 . Community Experts online right now. Ask for FREE. Ask Your Question Fast! ...Usually, when Where Is My Refund shows Tax Topic 152, it also shows the expected amount of your refund on the left side of the page. If the refund amount is gone, it doesn't mean that the IRS has changed your refund. Again, it simply means that the IRS is processing your tax return. In some cases, the refund amount may disappear for months and ...810 freeze / tax topic 151 timeline thread. Tax Refund/ E-File Status Question. So I know a bunch of you were close to meeting your 120 days of the freeze and I have been scouring the threads to see what everyone heard , be it a resolution or request for additional documentation. My 120 days is 12/30 But I saw there were a bunch of users who ...After I verified a week later my transcript updated with tax codes150 and 766. Today on where’s my refund has updated to under review with code 151 reference number 1242. What does this mean because I owe no tax debts or anything?We make a living by what we get, but a life by what we give. GIVE NOW. Toggle Navigation. HOME; WHO WE ARE; NEWS; CONTACTEconomists are skeptical of cities taxing "overpaid" CEOs. But until the federal government takes action, they say it's worth a try. Last week, voters in San Francisco passed a be...carol city high school football state championships » minecraft bedrock hacks » is tax topic 151 bad. is tax topic 151 bad. is tax topic 151 bad ...What is irs form 1242 - Answered by a verified Tax Professional. ... When I check WMR i see topic 151 and reference 1242 the 810 was applied 2/10/24 but I have n ot recieved a letter ... I filed back in January and when I go to check my status it says topic 151, appeal, take action but I can't seem to figure out what I'm supposed to take action ...How Tax Returns Are Selected for Review. The most common reason for the IRS to review a tax return is something called the Discriminant Function System (or DIF) score. The IRS uses a computerized scoring model that evaluates your return and gives it a score based on the likelihood that it will need to be changed.When you encounter the message "Tax Topic 151: Appeal Your Rights" while checking your refund status on Where's My Refund, it indicates a tax offset. A tax offset occurs when the Department of …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 DependentsCommunity Experts online right now. Ask for FREE. ... Ask Your Question Fast!In this enlightening video, we unravel the intricacies of Tax Topic 151, shedding light on the essential details of your individual tax return transcript. Jo...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.Last Update on. 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.Taxes may not be the most exciting financial topic, but they’re definitely important. In the United States, federal and state governments need money to provide certain services and...Refer to Topic 204, Offer in Compromise, for additional information It is important to contact us and make arrangements to pay the tax due voluntarily. If you do not we may take action to secure payment. Some of the actions we may take to collect taxes include: Filing a Notice of Federal Tax Lien, Serving a Notice of Levy; or1242 - 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.According to the IRS, 9 out of 10 tax refunds are processed in their normal time frame of fewer than 21 days. But if you come across a reference to Tax Topic 152, your return may require further review and could take longer than the typical 21 days. Keep in mind this tax topic doesn't mean you made a mistake or did anything wrong when filing.Overview of IRS examination/audit process. Once of the more worrying or concerning IRS transactions are potential audit codes related to Tax Codes 424 (TC 424) and 420 (TC 420).You will generally see these codes on your tax transcript (under the Explanation of Transactions section) once your return has been through initial system processing by the IRS.Action Movies & Series; Animated Movies & Series; Comedy Movies & Series; Crime, Mystery, & Thriller Movies & Series ... I haven't seen anything just tax topic 151 and 1242. In review until they look at my CTC and EIC . Rant . In review since 1/18 Archived post. New comments cannot be posted and votes cannot be cast. ... Tax Topic 152, file ...While an IRS tax return transcript can be requested for verification purposes, an actual tax return is what you file. It is used to determine your tax liability and any refunds or amounts owed to the IRS. Further Reading: Take Action on Your IRS Refund Status: No Tax Code? Resolve Tax Topic 151 Ways to Obtain Your IRS Tax TranscriptWhat is tax Topic 151 Reference 1242? What Is IRS Reference Number 1242? IRS Reference Number 1242 is a code the IRS uses to notify you that your return has been selected for reviewIf 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 …I have my return tax transcript showing codes 150 766 768 846 and 841. Told I am under review. Any insight as - Answered by a verified Tax Professional. We use cookies to give you the best possible experience on our website. ... I have topic 151 reference 1242 on where's my refund.I have topic 151 reference 1242 on where's my refund. My tax transcript has codes 806, 766, 768, 810, 811 826 and 971, - Answered by a verified Tax Professional We use cookies to give you the best possible experience on our website.Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in processing - everything. Don't post questions related to that here, please. ... Tax topic 151 reference number 1242 ...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 ...Tax topic 151 reference number 1242 . Has anyone gone through this,have any info on this Like how long is this process?I need some answers please This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A these-things-happen • ...Community Experts online right now. Ask for FREE. ... Ask Your Question Fast!It is a routine review. It could be related to any credits being claimed. To check if more details are available, create or log in to your account to check for any IRS messages: IRS View Your Tax Account. The IRS only provides this, which a general overview: Topic No. 152 Refund Information. @Pr3tty.サンシンは、液体充填機・除菌水生成装置・乾燥機・酒燗機を自社製造・販売するメーカーです。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 ...• 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. …Could not connect to mysqlFiled on 2/15 — form 1040 with $5,272 refund claimed ($2,215 withholdings + $3,057 EITC) Received partial refund 3/24: $2,215 (i.e. withholdings portion of refund, missing EITC portion). 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.”.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.57K subscribers in the IRS community. Get help with your taxes from experts and fellow taxpayers. Stay ahead of the curve with news and updates. Find…That tax topic code 151 means your refund will be offset if you owe any money to them, so if you owe them they will take it out your refund and readjust your refund amount . If you owe them more than what your getting back, they take your whole refund. So basically you gotta wait until there done adjusting it to get your refund.Efiled 2019 and 2020 1040X Amended returns have been getting a message on the Where's My Amended Return Tool on the IRS Website: Take Action: Your Welcome back! Ask questions, get answers, and join our large community of tax professionals.This process can take some time, and the IRS updates the status of your refund periodically. Tax Topic 152 is one of the status updates you may see if you check the status of your refund online using the "Where's My Refund?" tool. You might also hear this term if you call the IRS to check on the status of your refund.Notice Overview. The CP05 A notice is mailed to taxpayers to notify them that the IRS is holding their refund until the accuracy of the tax credits, income tax withholding or business expenses has been verified. This notice or letter may include additional topics that have not yet been covered here. Please check back frequently for updates.Am I supposed to do something? "additional account action pending" sounds like I do Share Add a Comment. Sort by: Best ... Save time and money by learning from others who have been there before. Subscribe today and start dreading tax compliance less! Members Online. Code 846, 841, 570 on transcripts ... tax topic 151, reference 1242One your tax return processing resumes, you should see your refund in 10 to 14 days.Tax Topic 846 on your transcript will indicate payment, along with your WMR status going to refund paid.. When happens after Tax Topic 152 processing (Topic 151)? If the Tax topic code changes to 151, then it means your return is under a potential audit or held for further examination.Tax Topic 151 means that your return is under review. There is something on the return that is being disputed, such as which credits were claimed. The IRS will contact you by letter. While waiting for the Notice, to see more about why this is happening, create or login to your account at the IRS here: View Your Tax Account.Bookmark Icon. mariadcrespo. New Member. I sent my documents on 2/27 and received a letter today that I should hear back by SEPTEMBER 5th, either by receiving the refund in my account if allowed or by receiving another detailed letter of disallowed.Dad died in early April 2023. Filled out form 56 and form 1310 with help of local IRS office for dad's 2022 tax return. Filled out form 1310 for dad's 2023 tax return with help of local IRS office. IRS tells me yesterday that 2023 tax refund was mailed to address on tax return, not address on form 1310.General Employers (Forms 941/944) Heavy Highway Vehicle Use Tax Return (Form 2290) Household Employment Taxes for Wages. Individual Retirement Accounts (IRA) Individual Taxpayer Identification Number (ITIN) Injured Spouse. Innocent Spouse. Interest Income. Medical and Dental Expenses.Receiving a Tax Topic 151 letter is one of those consequences. Falling behind on your child support payments isn’t the only reason you might receive this important IRS notification, though. If you do get an IRS 151 letter in the mail, you need to understand what it is and what it means for your future. Below, learn more about what Tax Topic ...The instructions will guide you on the specific actions you need to take, such as providing the requested information or contacting the IRS for further assistance. Contact the IRS if needed: If you have questions or need clarification about tax topic 151, it is advisable to contact the IRS directly. They can provide guidance on the specific ...In this video what is Topic 152. What is Topic 151 and what is IRS reference code 1242. What is Topic code 203 reduced refund. IRS notices cp05 and cp05A exp...New Member. jp4343 Thanks for adding that extra tid bit of info. Definitely helps to know that you had the tax topic 152 on there. I believe that code can mean a variety of different things. I only filed yesterday and was approved thru TT however on WMR it just shows one bar "processing" and the Tax Code 152 at the bottom.In this video what is Topic 152. What is Topic 151 and what is IRS reference code 1242. What is Topic code 203 reduced refund. IRS notices cp05 and cp05A exp...What Does Tax Topic 151 Mean? When you encounter the message "Tax Topic 151: Appeal Your Rights" while checking your refund status on Where's My Refund, it indicates a tax offset. A tax offset occurs when the Department of Treasury withholds your refund to cover outstanding debts.1. [deleted] • 3 yr. ago. I also read that tax topic 151 means and this is coming straight from google "with tax topic 151 you will receive a portion of your refund and they will hold the rest until they can verify that you CAN claim the credits". I talked to a lot of people it happens to my sister one time and it was cuz she claimed a ...Scan this QR code to download the app now. Or check it out in the app stores Visitors to this page also searched for: Tax topic 151 refund information 2016 Tax topic 151 what does it mean Tax topic 151 no reference code Take action it s topic 151 Tax topic 151 what does it mean Tax topic 151 no reference code Take action it s topic 151A euphemism is a good example of semantic slanting. Semantic slanting refers to intentionally using language in certain ways so as to influence the reader’s or listener’s opinion o...Acheter La Grande Dame Veuve Clicquot Ponsardin Brut 2006 (lot: 14113) Chêne Déformation Aléatoire la grande dame rosé 2006 méthodologie Le banquet modèle.Tax Topic 151 means that your return is under review. There is something on the return that is being disputed, such as which credits were claimed. The IRS will contact you by letter. While waiting for the Notice, to see more about why this is happening, create or login to your account at the IRS here: View Your Tax Account.The normal time for the return processing is 6-8 weeks for paper filing. However, if you have filed an electronic return, it should take less than three weeks. However, if the tax code 152 appears on the return, it will take more time than usual. There are multiple reasons that lead to the appearance of tax topic 152.1061 - 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.The concept of the rapture has been a topic of fascination and debate among theologians and believers for centuries. While the term “rapture” itself does not appear in the Bible, i...u/Few-Employer-2774. Scan this QR code to download the app nowIRS 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 ...Topic Number 152 - Refund Information: It simply means that your e-filed return is being processed and that the government hasnt approved or rejected it yet. Once that parts done, the government approves your refund, which means its ready to be deposited or sent. People also ask, does Tax Topic 151 mean audit?Tax Topic 151 means your return is under review. There are numerous reasons the IRS ...4. You are appealing a tax assessment or decision. The IRS Reference Number 1242 will appear on the notice of appeal you receive from the IRS. Understanding what an IRS Reference Number 1242 is and knowing how to respond can help ensure that your taxes are paid in full and on time, allowing you to avoid costly penalties or interest charges.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.Tax topic 152 is a generic tax code indicating that the IRS is currently processing your tax refund. The IRS indicates that they try to process 90% of all tax refunds within their standard turnaround time of 21 days or less. However, there's a 10% chance that the IRS may need more than 21 days to process your refund.Did we pay more taxes in the past? Read about taxes in history compared to the taxes we pay today. Advertisement Thanks to Occupy Wall Street and frustration about the floundering ...An IRS Code 766 on your account means that you have received a credit on your account from the IRS. A credit on your account is a dollar-for-dollar reduction in your tax liability. If you have more credits than your tax liability, you will receive a refund for the overpayment. If your credits do not cover your balance due, you will need to make ...The tax refund topic 152 refers to the ways you are to receive your funds. Depending on which method you chose to receive your refund, topic 152 covers the three ways it will arrive to you. First method is Direct Deposit to your bank account. If you chose this method when you filed, and have the account info submitted, the deposit will be sent automatically when it`s ready.tax topic 151 reference 1242 take action; 2023.04.20; zupas keto menu; tax topic 151 reference 1242 take action ...Skip to main content. Open menu Open navigation Go to Reddit Home. u, Tax topic 151 is your appeal rights if you disagree with a decision the IRS has made, and often means your refu, Has anyone gone through the entire process of returning necessary infor, Notice Overview. The CP05 A notice is mailed to taxpayers to notif, After that I called the (800) 829-0582 and told them about the code 1242 and , Tax topic 151 reference 1242 Tax topic 151 mean Topic 151 Tax topic 151 . Community Experts online right n, Irs tax topic 151 reference number 1242. What does it mean when my refund s, That tax topic code 151 means your refund will be offset if yo, Feb 16, 2024 · 1061 - BFS part offset, direct deposit more than 1 we, Hi. My brother claimed my kids as dependents in hi, The normal time for the return processing is 6-8 weeks for p, Jun 30, 2022 · The code or tax topic indeed indicates th, Discover what does Tax Topic 151 letter mean and learn the, When I had tax topic 151 last year. I waited 3 months just to ge, Take Action!! 151 Tax topic Ref 1242 Tax Question Filed 2/12 bee, What does tax Topic 151 and reference 1242 mean? ... The IR, My IRS transcript shows a 810 refund freeze from 50ish days ago. , Could not connect to mysql.