Tax topic 151 reference 1242.

Level 15. Code 1242 simply means that your return was e-filed at least 3 weeks ago, and your refund is frozen while the IRS asks for more information. You will get a letter from the IRS. June 7, 2019 4:27 PM. 0.Tax topic 151 reference number 1242 . Has anyone gone through this,have any info on this Like how long is this process?I need some answers please . comments sorted by Best Top New Controversial Q&A Add a Comment . ... Reference number …The u/Whole_External3742 community on Reddit. Reddit gives you the best of the internet in one place.About a week later I got tax topic 151 with reference code 1242. This same week I got two 766 codes roughly $15,000 for both and one 768 code for around $900. About two weeks later I got a 971 code and my balance on irs.gov updated saying that I owe $1500 from 2013 so I am assuming that I will be getting an offset for the debt owed.Tax Topic 151, Reference # 1242. Hello. When I go to check my return, tax topic 151 and a reference number shows up, (#1242). I filed my return in July, I got in touch with the IRS to check on my return and verified my identity in August. Has anyone gotten paid that has received these same two?

Jun 30, 2022 · What does tax Topic 151 and reference 1242 mean? 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received. Does tax Topic 152 mean I’m getting my refund? IRS Reference Number 1242 is a code the IRS uses to notify you that your return has been selected for review. Your return will remain frozen in the IRS’s system until the review process is complete. The selection process for code 1242 reviews is intended to be random.

moonweasel • 2 yr. ago. I have this same info showing (tax topic 151, reference 1242), and received a partial deposit of my refund. I have zero debts, …Please read the following information related to your tax situation: Tax Topic 151, Your Appeal Rights. Accountant's Assistant: Which tax year is the refund for? 2019 We received your tax return and it is being reviewed. You will receive a notice from us requesting you to provide additional information within 30 calendar days.

Normally the WMR reference number 1242 means your return is possibly going to be audited, but it's a very targeted audit. They ask for documentation to prove you are entitled to the credits and it's all done by mail. ... I had tax topic 151, 1242 for a month I got a tax advocate guy from ny he got my refund within a week. I claimed covid sick ...My wmr says topic 151 . Community Experts online right now. Ask for FREE. Ask Your Question Fast! ...Receiving a Tax Topic 151 letter is one of those consequences. Falling behind on your child support payments isn’t the only reason you might receive this important IRS notification, though. If you do get an IRS 151 letter in the mail, you need to understand what it is and what it means for your future. Below, learn more about what Tax Topic ...Level 1 I got the same thing exactly. Ive read around and the 151 means its being reviewed still and that you may owe something weather it be a student loan a traffic ticket etc.... The 1242 means they are going to need something from you like proof of a birth certificate on a dependent or foster care papers etc...IRS Reference Number 1242 is a code the IRS uses to notify you that your return has been selected for review. Your return will remain frozen in the IRS's system until the review process is complete. The selection process for code 1242 reviews is intended to be random.

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Rachel_W. Tax Topic 151 means your return is under review. There are numerous reasons the IRS may review your return including but not limited to credit claims such as Earned Income Credit or the Education Credits. Your best bet is to wait until you receive a letter from the IRS, which can take up to or more than 4 weeks for you to …

Tax Topic 151, Reference # 1242. Hello. When I go to check my return, tax topic 151 and a reference number shows up, (#1242). I filed my return in July, I got in touch with the IRS to check on my return and verified my identity in August. Has anyone gotten paid that has received these same two?Tax topic 151 and reference code 1242 but no additional information needed? I received the tax topic 151 and then they added tax code 1242. I called the 1 800 number they provided me with and was told by the rep that no additional information is needed at this time. I am so confusedTax Topic 151 means that your return is under review. There is something on the return that is being disputed, such as which credits were claimed. The IRS will contact you by letter. While waiting for the Notice, to see more about why this is happening, create or login to your account at the IRS here: View Your Tax Account.After submitting your tax return you may see the following message with reference to code 1242 and Tax Topic 151 on the IRS status checking tool or your online account which says your return is being reviewed. Naturally when seeing this many taxpayers may get stressed and worried about what's going to happen next.Understanding the Two IRS Letters. The first Tax Topic 151 letter you will receive is simply a courtesy notification. The IRS is letting you know that it is reviewing your tax return and that your refund might be affected due to outstanding debts that you owe. In around four weeks, you should receive a follow-up letter from the IRS.Tax topic 151 how long does this take. My refund is under review 1242 topic 151 my eic headofhoushold and child tax credit i sent them the documents they needed they said it will be up t... My ceo delayed the topic of my salary increase when i opened the topic saying that he will check the finances to discuss this on monday. how can i opeFilling out your tax forms each year might seem like a chore, but the alternative is worse. The IRS requires you to file and pay taxes on all of the money you earn during the year. This filing requirement doesn't automatically mean your return is accepted and processed, however.

What does tax topic 151 reference #1242 mean? by Wilford in Refund, asked on 02/03/2013 . 3 answers My state tax status shows "pending review"... I`m wondering why. My taxes were accepted on 1/18, will this delay my refund? by estw5 in Refund, asked on 31/01/2012 .Take Action!! 151 Tax topic Ref 1242. Filed 2/12 been waiting since, on 04/09 checked WMR had message, We have received your refund and is being reviewed. called Irs today on the phone 1hr.25m constantly placed on hole to check my issue . only to come back and say wait for a letter 30 days from 04/08. anyone in this situation and received ...Until you receive the actual notice from the IRS indicating what they are reviewing, you will not know exactly what the issue is. When you receive the notice it should tell you exactly what the IRS is challenging and what documents you need to supply to show that what you claimed is accurate.What do tax topic 151 and reference 1242 mean? Tax topic 151 means you have a tax refund offset. Reference 1242 means your refund is frozen and the IRS …gwood316 • 5 mo. ago. That tax topic code 151 means your refund will be offset if you owe any money to them, so if you owe them they will take it out your refund and readjust your refund amount . If you owe them more than what your getting back, they take your whole refund. So basically you gotta wait until there done adjusting it to get your ...This is in reference to Tax topic 151 reference # 1242. If anyone can give advice on that aswell. Thanks. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A JC1812 TaxPro • ...In this video what is Topic 152. What is Topic 151 and what is IRS reference code 1242. What is Topic code 203 reduced refund. IRS notices cp05 and cp05A exp...

Until you receive the actual notice from the IRS indicating what they are reviewing, you will not know exactly what the issue is. When you receive the notice it should tell you exactly what the IRS is challenging and what documents you need to supply to show that what you claimed is accurate.In this video what is Topic 152. What is Topic 151 and what is IRS reference code 1242. What is Topic code 203 reduced refund. IRS notices cp05 and cp05A exp...

Take Action!! 151 Tax topic Ref 1242. Filed 2/12 been waiting since, on 04/09 checked WMR had message, We have received your refund and is being reviewed. called Irs today on the phone 1hr.25m constantly placed on hole to check my issue . only to come back and say wait for a letter 30 days from 04/08. anyone in this situation and received ...What does the irs code 1242 mean. Brownsville tn. 47 and yes 2. ... Answered by a verified Tax Professional. We use cookies to give you the best possible experience on our website. ... web sight refund status says my refund is being reviewed and mention reference #1242.Need help. I was also told my return is being reviewed tax topic 151 and reference number 1242. 1 coin. ... Can anyone help me with this? • Tax Topic 151, Your ... Receiving a Tax Topic 151 letter is one of those consequences. Falling behind on your child support payments isn’t the only reason you might receive this important IRS notification, though. If you do get an IRS 151 letter in the mail, you need to understand what it is and what it means for your future. Below, learn more about what Tax Topic ...Checked where's my refund and it said We have received your tax return and it is being reviewed.Tax topic 151 your right to appeal. It's been about 6 weeks since I efiled. Accountant's Assistant: Taxes can be challenging since they're so different for everyone. Let's figure out what factors affect your taxes this year.Updated: Dec 13, 2022 After submitting your tax return you may see the following message with reference to code 1242 and Tax Topic 151 on the IRS status checking tool or your online account which says your return is being reviewed. Naturally when seeing this many taxpayers may get stressed and worried about what's going to happen next.

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IRS Reference Number 1242 – According to IRS Section 8 Master File Codes. 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received IRM 21.5.6.4.8, -E Freeze (Source: irs.gov) IRS uses code 1242 to confirm that your return was received electronically and is not lost.

gwood316 • 5 mo. ago. That tax topic code 151 means your refund will be offset if you owe any money to them, so if you owe them they will take it out your refund and readjust your refund amount . If you owe them more than what your getting back, they take your whole refund. So basically you gotta wait until there done adjusting it to get your ... Community Experts online right now. Ask for FREE. ... Ask Your Question Fast!I want a topic for my evs project. not a school level topic. a good standard topic? Irs tax topic 151 reference code 1242 what do this mean. I want to know if i will receive my tax refund after a tax topic 151 review code 1242? I just got a topic 152 on my tax refund info. should i be worried?What does tax Topic 151 and reference 1242 mean? 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received. Does tax Topic 152 mean I’m getting my refund?March 28 2021 • Jacob Dayan Back Taxes Help After filing your taxes you, like many others, may be eagerly awaiting your tax refund. Maybe you're frequently walking out to check your mailbox, or you're visiting the IRS website on a daily basis to check on the status of your tax refund.this weekend my status on wmr changed to take action 151 with reference code 1242 . upon accessing the irs.gov website the dialogue box showing my status had completely disappeared and there are no notices or letters in my inbox. i can view my tax transcript and account transcript. when reviewing the account transcrips it shows i have a freeze ...To find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. You will get a letter in the mail explaining what all this is, but if your don`t want to wait for the letter you can give the IRS a call.To find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. You will get a letter in the mail explaining what all this is, but if your don`t want to wait for the letter you can give the IRS a call.Mar 12, 2019 · Track Federal Refund. IRS Reference Code 1242 | You can check the status of your return and your refund check (for paper returns) or direct deposit (for electronic returns) at the IRS.gov website. The “Where’s My Refund?” portal provides an estimate of when you should ex. What does tax Topic 151 and reference 1242 mean? 1242 – Electronic return received more than 3 weeks ago; –E Freeze; in review, notice for additional information will be received. Does tax Topic 152 mean I’m getting my refund? What is Tax Topic 152? Topic 152 is a generic reference code that some taxpayers may see when …To find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. You will get a letter in the mail explaining what all this is, but if your don`t want to wait for the letter you can give the IRS a call.Tax Topic 151 means the Department of Treasury will be taking your refund or part of your refund to pay for something that has been reported that you owe. Toggle navigation. Call Now. Tax Debt Relief . Tax Debt Relief . Tax Debt Relief . Professional tax relief services help you resolve tax debt—and regain control of your finances. Learn More ...

Reference code 1091 refers to topic 203: Topic 203 - Refund Offsets: For Unpaid Child Support, and Certain Federal, State and Unemployment Compensation Debts The Department of Treasury`s Financial Management Service (FMS), which issues IRS tax refunds, has been authorized by Congress to conduct the Treasury Offset Program. …Tax Topic 151 & 152 ⋆ RefundTalk.com Here is some information on Tax Topic 151 & 152 that many people asked for. I listed the definitions below you can also visit the IRS Website www.irs.gov toJohn, Tax Topic 151 means that you're getting a tax offset (less of or no refund), which is where the Department of Treasury will be taking your refund to pay for something that has been reported that you owe. The most common reasons for getting a tax offset are unpaid taxes, unpaid child support payments, and offsets for federal student …Instagram:https://instagram. power outage niagara falls nyibew 508homes for sale in costa rica under 100kbitterpearl shader Aug 23, 2023 · Topic 152 is a generic reference code that some taxpayers may see when accessing the IRS refund status tool. Unlike other codes that a taxpayer might encounter, Tax Topic 152 doesn't require any additional steps from the taxpayer. According to the IRS, 9 out of 10 tax refunds are processed in their normal time frame of fewer than 21 days. starter fluid for snowblowerhappy mothers day poems for sisters Y300 151 . Community Experts online right now. Ask for FREE. Ask Your Question Fast! Categories ... www.getfreedomunlimited com What does IRS tax topic 151 means? Why am I seeing tax topic 515 on my 2022 tax refund status? 2022 tax refund update - where's my refund tax topic 152**How ...0. To find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. You will get a letter in the mail explaining what all this is, …