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Level 2

Question

2nd question. I filed my 2020 taxes on March 4th, why does my account transcript say April 05? Why is there a future date?

Forum|Forum|5 years ago
March 31, 2021
1 reply
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Level 15

This information may be helpful.

The "As of:" date on an account transcript is a placeholder. The IRS Very Old Computer runs updates on weekly cycles. Any listed transactions were processed on or before that date. If you owed a balance due, the assessed amounts would be current to that date. The refund, when it's paid, will be TC 846.

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Level 2

Thank you for responding, but it's not only as of date it says tax return filed April 05 with a code 150 and a $346 amount.

Level 15

Here is more. Have no idea why the assessment date would be April 5. I would have expected April 15 or May 17.

Does the amount sound correct?

Transcript code 150 titled Return filed and Tax Liability Assessed.

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