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Is the refund amount next to code 846 accurate

I received the 846 code and the amount doesn’t match my refund amount but I didn’t receive any codes on my transcript that shows any deductions being made and where’s my refund app still says my return is being delayed processing…??? What does this mean ??

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1 Reply
JohnB5677
Employee Tax Expert

Is the refund amount next to code 846 accurate

Yes, IRS code 846 means a refund, plus any interest, has been approved by the IRS.

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