Anyone else have 520 tax code, and told to wait 60 days for review. Let's update each other here.
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Tax Code 570 is just a hold for processing. This could be because you filed in between acceptance dates or because you filed during a very busy time. IRS Transcript Code 570 doesn’t mean you are being audited or any other negative reason. It will just take a little longer for your tax return to be processed.
Code 570: Additional Liability Pending/or Credit Hold - Per IRS Transaction Codes
The IRS is in the process of matching forms they received from you and the ones you reported.
"JulieR New Member"
I know what it means. I stated other members could update each other on their process. But thank you for your response.
I have the same code, along with the 971 for a notice. I called the IRS this morning and the lady told me they are verifying my wages and to give them 45 days. I will give updates as I get them, but I guess the notice doesn't go out in the mail till March 9th.
I will be sure to update as well.
Yes got letter redid my taxes evrything checked out i think its because we got 10k coming back
You may be right. Hopefully you get an update this weekend.
Where do you see these codes will they just pop up when you go to the where's my refund page?
No. I get my transcrpits online. Go to irs transcrpits and make an account.
I have the code 570 on my transcript with a date of 3/9/2020 but no 971 code. I filed on 1/29 and exceptef the same day. Do I need to be worried?
971 mean they sent out a letter.
The IRS will send out a letter. You can always contact the IRS for more information.
How do I contact the Internal Revenue Service (IRS)? https://ttlc.intuit.com/replies/3301592
Still no update.
Do you have any updates to your account? Did you get your refund or any other updates?
I received a letter on 2/13/20. I still have not heard anything and can not contact them until 4/13/20. And TurboTax made sure they took their payment out of my account without me receiving may taxes yet. Very dissatisfied with the service this year.
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