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IRS transaction codes: How do I know when my return is considered finalized by the IRS?
I submitted my return electronically via TurboTax. I had a small balance due (no refund). On the IRS account website, it shows transaction codes 610 (payment with return), 806 (W-2 or 1099 withholding), and 150 (tax return filed). It also shows a processing date of 3-30-2020. But does the fact that it was "processed" mean that the IRS is completely done with the return, i.e. they consider it complete and correct and approved and they won't be doing anything further with it? Or will there be any further transaction codes indicating when they are "done" with it? Thanks.
‎April 3, 2020
6:59 AM