What Is 1242 Irs Code. (1) a loss is on stock in a small business investment company operating under the small business investment act of 1958, and. I have no idea when you will receive the notice from the irs.
Taxation of your benefit MTRS
Web a code 1242 is a common code for an irs error. Web irs reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or third. Web a code 1242 is a common code for an irs error. Revocation of being taxed as a small business. What does it mean when it says to use reference number 1242 when u call. Web for vacation homes that are classified as rental properties, you must allocate mortgage interest, property taxes, and other expenses between rental and personal use,. Web the 1242 code suggests the return was selected for examination. Web what is reference 1242 mean? A master file entity was created from your return and tax liability. I have no idea when you will receive the notice from the irs.
(2) such loss would (but for this section) be. Web according to the irs manual, code 1242 essentially means, your return was received but is frozen (from any further actions) and under review. Adds or changes spouse ssn. This code means that the irs froze your account while they are waiting for additional information. Web for vacation homes that are classified as rental properties, you must allocate mortgage interest, property taxes, and other expenses between rental and personal use,. (2) such loss would (but for this section) be. Code 971 on your transcript using transcript codes and irs. Web the 1242 code suggests the return was selected for examination. Web what is reference 1242 mean? Web irs reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or third. Iv called over and over and no where did anyone ask for a reference.
