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Level 3
posted May 8, 2021 5:45:22 PM

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? 

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1 Best answer
Expert Alumni
May 9, 2021 7:26:33 AM

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.

 

2 Replies
Expert Alumni
May 9, 2021 7:26:33 AM

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.

 

Level 15
May 9, 2021 7:34:25 AM

If they were to mail a notice they may not be able to do so ...   https://money.yahoo.com/irs-employees-say-out-of-ink-printers-are-delaying-tax-returns-171522801.html