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Level 1
posted Apr 16, 2022 11:22:19 PM

I looked at my transcript and their is a code 570.!usually my taxes are here fast but this year it’s taking longer. how do I fix the issue. Got my state taxes.

The irs took the payment I owed them out my bank account causing a overdraft. Could this be the reason. The 570 code is under the code for payment

0 4 846
4 Replies
Expert Alumni
Apr 17, 2022 4:37:25 AM

Code 570 on your tax transcript means that the IRS has put on hold the processing of your return. This could be due to a number of reasons: 

 

This IRS guide describes code 570 as Additional Liability Pending/or Credit Hold.

 

This code will be reversed by code 571 when the IRS resumes processing your return.

Level 15
Apr 17, 2022 5:25:51 AM

If you owe the IRS money, why do you think you are getting a refund?

Level 1
Apr 18, 2022 9:07:20 AM

I owed $31 it was paid so I owe nothing

Level 1
Apr 18, 2022 9:10:15 AM

Thanks. But I can’t reach the IRS to discuss this issue. My transcript showed they took their $31 I owed and then under it I see a 570 code. That’s why I was asking if the bank account being overdrawn was what caused it. They still got their $31 I just got stuck with a overdraft payment. It came out 2 days before payday imagine that