Earned Income Credit

[tommyg2007]

Hello,

There is a negative balance on my IRS account transcript stating -$3733. I checked and that is the code 768 earned income credit. My refund issued did not include that when it was issued to my bank account.

What does that mean? Will I get it soon I filed on 3/26/2023 and received only partial federal refunds because of the Earned Income Credit? Or was I disqualified? 

Thank you for the help!

[bluedeb · Accepted solution]

The amount that appears next to IRS code 768 on your tax transcript indicates the amount that you will be receiving in your tax refund from the Earned Income Credit. The dates next to this amount correspond to the date that the credits became effective within your file. It is up to the IRS when they issue you the refund for the Earned Income Credit.

[tommyg2007]

Thank you for your reply.

The date next to code 768 Earned Income Tax is 4/15/2023. Will that make I will get it on that day or you not sure? Even though I already received my federal refund on 4/5/2023.

[tommyg2007]

here is the information