IRS Transcript Code 971: Injured Spouse Allocation

2 years ago

Tax season can be a stressful time, especially for couples who file joint tax returns. If one spouse has outstanding…

IRS Transcript Code 766: Understanding the Credit to Your Account

2 years ago

Tax season can be a stressful time, filled with complicated forms, calculations, and endless paperwork. If you've recently requested an…

Reducing Unprocessed Tax Returns and Amended Returns in 2023

2 years ago

The Internal Revenue Service (IRS) has been working diligently to address the backlog of unprocessed tax returns and amended returns.…

IRS Cycle Code: Understanding and Locating Your Processing Cycle Code

2 years ago

When it comes to deciphering the inner workings of the Internal Revenue Service (IRS), understanding the cycle code can be…

The As Of Date on IRS Tax Transcripts: Understanding its Significance

2 years ago

When obtaining IRS Tax Transcripts, you may come across an As Of Date mentioned on the document. This date holds…

How Tax Refund Checks Are Distributed and Delivered

2 years ago

As taxpayers, we eagerly anticipate the arrival of our tax refund checks. But have you ever wondered how the IRS…

Tax Refund Status: “We Have Received Your Tax Return and It Is Being Processed” vs. “Your Tax Return Is Still Being Processed”

2 years ago

Filing taxes can be an anxious time, and waiting for your tax refund can add to the anticipation. When checking…

Tax Transcript Codes 570 and 971: Understanding Additional Account Action Pending and Notice Issued

2 years ago

Tax season can often bring confusion and anxiety, especially when encountering unfamiliar codes on your tax transcript. Two common codes…

Decoding Tax Transcript Code 150: Understanding its Significance

2 years ago

Tax season can often leave us puzzled by the numerous codes and terminologies we encounter. One such code is "150"…

Tax Transcripts: A Step-by-Step Guide to Break Down and Understand Them

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Tax transcripts are essential documents that provide a detailed summary of your tax return information. While they may appear complex…

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