The meanings of the codes are shown below. The IRS has so many codes and it can be difficult to decipher.
An IRS Code 971 indicates that the IRS has sent you a second notice to let you know the review has concluded.
An IRS Code 846 indicates that the IRS has finished processing your return and approved a refund on your tax return. This means the steps are in place to prepare and send your refund from your amended return. It is not necessarily the actual date the check was printed and mailed.
An IRS Code 776 indicates you will see negative entries to signify the payment back to the IRS.
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