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dawnchappel1
Returning Member

Recovery rebate

I requested a payment trace last summer got no response. I filed my 2021 taxes claimed the recovery rebate credit and was denied ive already received my taxes. Recently i contacted a tax advocate to find out about my stimulus and they put me through to irs. Finally a payment trace has been initiated on my transcripts the code 841 and 767 have recently posted to my account does this mean ill get my stimulus finally? And if so do i have to amend my taxes since they denied my recovery rebate and deducted the amount from my tax check?

1 Best answer

Accepted Solutions
bluedeb
Level 15

Recovery rebate

 
Transcript Code (TC) 841 – This code is officially described as “Cancelled Refund Check Deposited” and means that the financial institution the IRS sent your refund to rejected the payment because the account details the IRS sent them does not match what they have on their systems.

 

 

Code 767 Generated Reversal of Refundable Credit Allowance

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2 Replies
bluedeb
Level 15

Recovery rebate

 
Transcript Code (TC) 841 – This code is officially described as “Cancelled Refund Check Deposited” and means that the financial institution the IRS sent your refund to rejected the payment because the account details the IRS sent them does not match what they have on their systems.

 

 

Code 767 Generated Reversal of Refundable Credit Allowance

bluedeb
Level 15

Recovery rebate

To add to my post above, you don't have to amend your return for the Recovery Rebate.  The IRS has corrected your information.  You should get a letter from the IRS, the letter can take 4 to 6 weeks to receive.

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