Did anyone else get a code 971 on their transcripts when it just updated? I have the 971 code and 570 code. But out to the side of the 570 code it says $0. So I am confused on what it means. Do they just randomly chose people to give the 971 code.
@Jdawg2119 I strongly urge you to call the IRS for more details. If you’re not getting definitive answers from them, then call a Tax Advocate. This could be something minor or something that will hold your refund up for months. But, act on it ASAP.
@Jdawg2119 Very welcome! I’m in NC, as well. I’ve dealt with those codes for years now and there are several meanings for both codes. I’ve seen minor issues that were resolved in days, issues that resolve themselves, or issues that last all year. Here’s a link for Tax Advocate Services, just in case: https://www.irs.gov/advocate/local-taxpayer-advocate
@Jdawg2119 I hope it resolves itself, as well. Trust me, I know the feeling. Why me?!?! But, you will receive a letter very soon (971) explaining what happened. I hope it was something minor and all is well. Keep us updated and @ me if there’s anything I can help with.