What does it mean when the IRS gives you a reference number?

What does it mean when the IRS gives you a reference number?

Your TIN is an identification number used by the IRS to identify you, issued either by the Social Security Administration (SSA) or the IRS itself. In fact, most people have more than one potential TIN, as your TINs can include your: Social Security Number (SSN)

What is reference number 9021?

Reference 9021 is the IRS code for math errors. This code means that the IRS has found a math error in your return and will adjust your refund (or tax due).

What does code 1121 mean with the IRS?

Code 1121 means that your tax return is being reviewed. The automated system has flagged something as being out of the ordinary, and your return is being queued for review by a human. This may or may not result in further investigation by the IRS.

What does IRS reference number 9022 mean?

IRS uses code 9022 to indicate there is a math error on the paper filed return and the IRS processed the return after correcting the math error.

What does IRS code 766 mean?

Code 766 indicates a credit to your account (generally, a refund – but it can be a credit toward taxes in a prior year, if you have those) Code 768 indicates an earned income credit amount.

Does tax Topic 152 mean I will get my refund soon?

One of the more common questions refers to Topic 152, and this simply means that you are going to get a refund. The IRS has said in their guidelines that 90% of tax filers should get their refund within 21 days of filing this year, and it’s worth bearing in mind that these are normal days, not ‘business days’.

What does IRS Code 766 mean?

What is reference number 1121 to the IRS 2021?

The Internal Revenue Service reference code 1121 means that your tax return is being reviewed. What that means is that the IRS system has identified something out of the ordinary, and hence your tax return is being queued for a review. As you can see, the 1121 code simply means there is a problem.

What is IRS reference number 109?

IRS EIN Reference Number 109 means the EIN Online Assistant is experiencing technical difficulties. It could also mean you`ve accessed the EIN online Assistant outside the hours of operation or one of your entries doesn`t meet the eligibility requirement to obtain an EIN.

What does IRS Code 767 mean?

Common Tax Transcript Codes Results from the appropriate line item adjustment of an Examination or DP Tax Adjustment with item reference 334 (199312-199411 only) for an installment of 1993 additional taxes. Code 767 Generated Reversal of Refundable Credit Allowance.

What are IRS cycle codes?

So another way, as discussed in this article, is to check your IRS tax transcript (free from your IRS account) that shows what is called a “cycle code.” This is an eight digit number that indicates when your tax return posted to the IRS Master File (IMF).

Is Topic 152 good?

Tax Topic 152 2021 is excellent because it attempts to notify a taxpayer who has applied for a refund that the claim has been approved and that the refund will be sent to the user through direct deposit, check, or letter as soon as possible.