I filed my taxes on 01/27/2022 and I was accepted the same day. Now the Tax Topic 570 is showing up on my tax transcript with a future date of 03/07/2022. What does the future date mean beside the 570 code? Does that date mean thats when my refund should be released to me?
The IRS explains TC 570 means a freeze code has been placed on the account that holds the refund from being issued. One of the reasons why this code could have been placed on your tax transcripts is if you submitted your tax return with missing income statements.
This code indicates additional verification is needed and your return processing is frozen until further resolution. You cannot do much until the IRS provides an update (via a formal notice) and/or reconciles the issue internally.
The IRS explains TC 570 means a freeze code has been placed on the account that holds the refund from being issued. One of the reasons why this code could have been placed on your tax transcripts is if you submitted your tax return with missing income statements.
This code indicates additional verification is needed and your return processing is frozen until further resolution. You cannot do much until the IRS provides an update (via a formal notice) and/or reconciles the issue internally.
Tax Topic 570 means your refund is on hold due to additional liabilities. Please see the thread here for more details discussing this topic and this Help Article as to why some refunds take longer than others.
Tax Topic 570 means that your refund is on hold due to additional liabilities. For more information on why some refunds take longer than others, please see the Help Article here.
Tax Topic 570 means your return is on hold due to pending liabilities. For more information on why some refunds take longer to process, please see the Help Article here.
Yea I KNOW WHAT TAX CODE MEANS! What I want to know what does the future date of 03/07/2022 beside the tax code 570 means!!!! Today my TurboTax account is saying payment completed, is that a hint that my refund is about to be direct deposited n my bank account?
Yea I KNOW WHAT TAX CODE MEANS! What I want to know what does the future date of 03/07/2022 beside the tax code 570 means!!!! Today my TurboTax account is saying payment completed, is that a hint that my refund is about to be direct deposited n my bank account?
If you paid your fees with your refund, that is what "payment completed" means. When you opt to have your TurboTax fees deducted from your refund, your refund is handled through the Santa Barbara Tax Products Group (SBTPG). For more information, see Who provides Pay With My Refund?
We cannot advise on what specific dates mean that are issued by the IRS via transcripts and WMR, as those are estimates. We do not receive details from the IRS concerning this once your return has been transmitted to them.