IRS Reference Code 1061 – FMS part offset, direct deposit more than 1 week ago See IRM 21.4.1.3.2., Return/Refund Located

What does IRS Reference Code 1061 mean?

This code means that a portion of your refund has been taken due to the Treasury Offset Program.  Treasury Offset Program is a centralized offset program, administered by the Financial Management Service’s (FMS) Debt Management Services (DMS), to collect delinquent debts owed to federal agencies and states (including past-due child support), in accordance with 26 U.S.C.  The balance of your refund was direct deposited more than 1 week ago.

What to do next if you see IRS Reference Code 1061?

Determine if you have any debt that would be subject to a Treasury Offset. If you do owe a debt and your know which agency created the offset, you will likely want to make arrangements with that federal or state agency to make a payment arrangement.  If you do not know which federal or state agency(s) created the offset, you will want to contact the IRS or seek representation.

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