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New Member
posted Jun 10, 2022 3:47:35 PM

What does code 766 mean with date of 06272022

I have a an amount of minus with code 766 on transcript.what does this mean?

0 2 415
2 Replies
Level 15
Jun 10, 2022 3:51:59 PM

Transaction Code 766 issued on your transcript indicates a credit to your account. It is generally a refund, but it can be a credit toward taxes in a prior year if you have those.

Level 15
Jun 10, 2022 4:46:21 PM

 

Code 806 is simply an acknowledgement that your electronically filed tax return was received.  

 

Code 766 indicates a credit to your account (generally, a refund - but it can be a credit toward taxes in a prior year, if you have those).

 

Code 768 indicates an earned income credit amount.  

 

The dates on the transcript indicate the date those credits are effective in your file, which doesn't necessarily correspond with a deposit date or the date a check is mailed, but deposit or mail dates are typically within a few days (on either side) of those dates.