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Level 3
posted Feb 7, 2020 7:08:17 PM

Decipher Transcript

Can anyone decipher this information from my transcript?

 

Processing date: February 24, 2020
Code 150 cycle date: 20200605 date: 02/24/20
Code 806 w-2 or 1099 04/15/20 $-961
Code 766 credit to your account 04/15/20 $ -4200
Code 424 examination request 01/30/20. $0.00
768 Earned income credit 04/15/20 $-2,533.00
Code 810 Refund freeze 02/24/20 $0.00
Code 811 removed refund freeze 02/24/20 $0.00
Code 911 Notice issued 02/24/20 $0.00

 

I claimed the EIC and CTC does this have anything to do with that? I also had to file an 8862 for my EIC, is this standard practice when you file that?
Any insight would be helpful, thank you!

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1 Replies
Intuit Alumni
Feb 8, 2020 1:22:05 PM

Please see the information below about the EIC to possibly explain the process and more information:

https://www.cpapracticeadvisor.com/tax-compliance/news/21123770/chart-shows-estimated-irs-income-tax-refund-dates-for-2020