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tax code 570
I saw there is code 570 placed in my 2020 tax transcript and the date is 03/15/2021. But I didn't receive any notice. Should I worry about it? Do I need to call IRS to ask if they need any information?
Please be aware, the IRS is currently taking longer to process returns because they are backlogged.
Tax Code 570 is just a hold for processing. 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.
No, you do not need to call the IRS. If the IRS needs additional information they will send you a letter.
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