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posted Mar 21, 2022 3:54:30 PM

IRS TAX CODES

I need help!!! I was checking my IRS Account Transcript Codes and some codes mention have a negative numeric number and some codes have a positive numeric number. The codes that have a negative numeric number, are those numbers that will be deducted from my refund. 

 

One more question, the $1,400 stimulus check, are we paying that back with our refund?

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1 Replies
Level 15
Mar 21, 2022 3:58:06 PM

Negative numbers on a transcript represents positive amounts on your return usually credits or payments ... look at your return to see which lines are being represented.