What is transaction code 152?

152. Original transaction found, but response not yet available.

What is code 152 on IRS transcript?

Keep in mind this tax topic doesn't mean you made a mistake or did anything wrong when filing. It simply means your return is being processed and has yet to be approved or rejected.

Does tax topic 152 mean my refund will be delayed?

Receiving a notice to refer to Tax Topic 152 might be a sign that your refund is being delayed. If you receive this notice, you can use the IRS “where's my refund?” tool to check on the status of your refund.

How long can tax topic 152 take?

The IRS issues more than 9 out of 10 refunds in the normal time frame: less than 21 days. However, it's possible that some tax returns may require further review and could result in the refund being delayed. Some common issues which may extend processing times: You filed your return on paper.

What is Topic 152 IRS delay?

Tax Topic 152 does not mean that your refund has been approved or that it is on its way. It also doesn't mean that you've done anything wrong when completing your tax return. It simply means that the IRS has received your tax return and is processing it.

Does tax Topic 152 mean refund soon?

What is the tax topic 152 for 3 months?

What Does Tax Topic 152 Mean? Tax Topic 152 means you're getting a tax refund. That's it! The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing.

What is tax topic 152 stimulus?

Although the Where's My Refund tool typically shows a status of Received, Approved or Sent, there are a variety of other messages some users may see. One of the most common is Tax Topic 152, indicating you're likely getting a refund but it hasn't been approved or sent yet.

Does tax topic 152 mean offset?

Observing Tax Topic 152 on your tax return doesn't automatically mean that you made a mistake in filling out your tax return. Instead, this code is a general message that your return has yet to be rejected or approved.

How long can the IRS hold your refund for review?

After 60 days, you'd need to file an amended return to reverse any errors and get your refund back. If the IRS thinks you claimed erroneous deductions or credits, the IRS can hold your refund.

What does tax topic 152 mean reddit?

TT 152 is a general message about refunds, it always says that on WMR while your return is being processed.

Is tax topic 152 good or bad?

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.

Why did my topic 152 disappear?

Every tax situation and tax return are different and it is not possible to provide a reason for why they removed a topic message. It may just be that your return is moving through the system as it processes. Keep checking the IRS Where's My Refund?

How do I know if my refund is delayed?

How to Check the Status of Your Refund. You can use the IRS' Where's My Refund? tool to check the status of your refund within 24 hours of e-filing. If you filed a paper return, you may not be able to check on the status until four weeks after filing or later.

Do you get your refund on the deposit date?

Depending on IRS security procedures, the tax refund date could take up to 21 days after the IRS tax return acceptance date or as early as 7 days via the bank direct deposit method. Certain tax credits may delay the issuing of your refund.

What day of the week does IRS deposit refunds?

The IRS generally issues tax refunds through direct deposit within 21 days of processing your tax return. While the exact day of the week that your refund will be deposited can vary, the IRS typically issues refunds on weekdays, Monday through Friday.

What time of day does IRS update refund status?

The “Where's My Refund?” tool updates once every 24 hours, usually overnight. Remember, refunds that include the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) cannot be issued before mid-February.

What happens when your refund is under review?

When the IRS officially places your return under review, you will receive a CP05 notice, and the processing of your refund will be delayed until the review is complete.

Why would my tax refund be under review?

It's an alert, and nothing else. The IRS may be reviewing your income, your tax withholding, tax credits you may have claimed on your return (such as Earned Income Tax Credit or Additional Child Tax Credit), or even Schedule C business income.

Why is my refund stuck on approved?

Reasons Your Tax Refund Can Be Delayed

Errors such as an incomplete filing status. Missing information. A need for additional review. Possible identity theft or tax fraud.

Does everyone get tax code 152?

Tax Topic 152 is a reference code taxpayers see if their return is under review and could take a bit longer to be processed. It does not indicate a significant issue or error with your tax return or that you may not receive a refund, so there's no need to panic.

What is the difference between tax topic 152 and 151?

Tax Topic 151

If you purchased Audit Defense, you should contact them first. If you don't contact them at the first notice, then they may not be able to assist you with the most beneficial outcome. Tax Topic 152 is generic payout information generally seen if you have chosen direct deposit of your funds.

Why is my refund being offset?

The amount of my federal payment (e.g., income tax refund) has been reduced ("offset"). Why? If an individual owes money to the federal government because of a delinquent debt, the Treasury Department can offset that individual's federal payment or withhold the entire amount to satisfy the debt.

Why is my refund still processing after 21 days?

This includes: Your tax filing has errors or is incomplete, which means the IRS cannot validate or match your data to their records. Especially for key items like your or your spouse's SSN, dependent data or missing fields needed to process your return (e.g income).

Is still being processed a good thing?

So if you see the message above it just means you should wait and check back a day or two later. Nothing is wrong and your return/refund will follow the normal IRS refund schedule.

What is the tax topic 151 refund?

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.