The Transaction Code TC 570 Additional Account Action Pending is a Freeze Code the IRS uses that will hold/stop a refund from being issued until the impact of the action being taken on the account and the refund is determined and processed. We know this can be stressful for you, but there are reasons for…
Category Archives: Tax Transcripts
2020 Tax Transcript Cycle Code Charts
A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your account posted to the IRS Master File. This date indicates the 4 digits of the current cycle year, two-digit IRS cycle week, and two-digit processing day of the week. Cycle Code Breakdown Example: 20190604 =…
How To Get A Copy Or Transcript Of Your U.S. Tax Return
There are different ways to obtain tax return information. Most requests can be satisfied with a computer printout of your return information called a transcript. However, sometimes you need an exact copy of a previously filed and processed tax return with all attachments (including Form W-2). Copies are generally available for returns filed for the…
Changes to Tax Transcript Availability
The IRS said that on June 28, 2019, it will stop faxing tax transcripts to taxpayers, tax professionals, and third parties to protect against identity theft (IR-2019-101). The IRS will also stop mailing tax transcripts to third parties. The new policy covers individuals and businesses. Once this change goes in effect, individual taxpayers will be…
How To Obtain Prior Years IRS Tax Returns
The Internal Revenue Service reminded taxpayers who need their prior-year tax records to either complete their tax return or to validate their income and use Get Transcript Online or Get Transcript by Mail. Taxpayers often call or visit the IRS seeking their prior-year tax transcript, which is a record of their tax return. But the…
Get Transcript Changes for 2019
A new transcript format is now in place to better protect your information from identity theft. This new transcript partially masks the personally identifiable information of everyone listed on the tax return. All financial entries will remain fully visible to assist with tax preparation, tax representation, and income verification. The IRS is taking this action…
IRS Changing Format of Tax Transcripts
A new transcript format is now in place to better protect your information from identity theft. This new transcript partially masks the personally identifiable information of everyone listed on the tax return. All financial entries will remain fully visible to assist with tax preparation, tax representation and income verification. The IRS is taking this action…
2019 Tax Transcript Cycle Code Charts
A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your account was posted to the IRS Master File. This date indicates the 4 digits of the current cycle year, two-digit IRS cycle week, and two-digit processing day of the week. Cycle Code Breakdown Example: 20190604…
What Is An IRS Tax Transcript And How Can I Get A Copy
What Is an IRS Tax Transcript? An IRS tax transcript serves as a record of an individual’s tax-related information. This document contains details about one’s previous tax returns, with information such as the type of tax return filed in the past and the adjusted gross or taxable income. How Is an IRS Tax Transcript Different…
2018 Tax Transcript Cycle Code Chart
If your Where’s My Refund? Status Bars Have Disappeared PLEASE READ! One way to determine what is going on with your tax return is to go to the IRS website and request an Account Transcript. The IRS has made the “Get Transcript Tool” available for users to be able to instantly view their transcripts Online…