What Is Code 1242 With The Irs

Tax topic 151 code 1242 verified in person last month now it’s saying

What Is Code 1242 With The Irs. Web irfof code 1242 suggests your return has been processed, and the refund held for possible audit. The sections of the irc can be found in title 26 of the united states code.

Tax topic 151 code 1242 verified in person last month now it’s saying
Tax topic 151 code 1242 verified in person last month now it’s saying

Web what is reference 1242 mean? Direct rollover and direct payment to a qualified plan, 401(b), governmental 457(b), or ira; This code means that the irs froze your account while they are waiting for additional information. Web a code 1242 is a common code for an irs error. Web what is code 151 on tax transcript? I have no idea when you will receive the notice from the irs. The irs code 150 only confirms that your tax return was accepted. Iv called over and over and no where did anyone ask for a reference. Refer to document 6209, section 8a.4, master file freeze codes and idrs status 48, for a complete listing of freeze. Web irs reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or third.

Web the code 846 refund issued code suggests that the irs finished processing your tax return and approved a refund. Web a code 1242 is a common code for an irs error. Direct rollover and direct payment to a qualified plan, 401(b), governmental 457(b), or ira; This line represents your liability to the irs, based on your filing. Refer to document 6209, section 8a.4, master file freeze codes and idrs status 48, for a complete listing of freeze. Web the code 846 refund issued code suggests that the irs finished processing your tax return and approved a refund. In most cases, this code indicates that the irs. Web irfof code 1242 suggests your return has been processed, and the refund held for possible audit. This code means that the irs froze your account while they are waiting for additional information. Transcript code 150 vs tax topic 151 and 152. Web irs reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or third.