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What is Topic 151. Topic 151 – Your Appeal Rights. The IRS has an administrative appeals process that works with taxpayers to try to settle tax disputes in an effort to avoid formal court hearings. The role of Appeals is to make an independent review of a tax dispute and to consider the positions taken by both the taxpayer and the IRS.I called last week. They said I might want to go over my returns and amend if necessary. It’s not necessary. Tax topic 151. Reference 1242. My transcript looks the EXACT same. I've never had an issue with my taxes and this year we need it the most 😭. Exact same situation. Codes as shown plus the 810, and the 151.1242 irs reference number December 25, 2020 - Less than a minute readWe would like to show you a description here but the site won't allow us.Key Takeaways: Tax Topic 151 involves the right to appeal when the IRS withholds or reduces a tax refund. Reference 1242 indicates that a tax return has been received but is currently under review and cannot be processed further. A Tax Topic 151 notice informs taxpayers that their refund is being reduced or withheld.That tax topic code 151 means your refund will be offset if you owe any money to them, so if you owe them they will take it out your refund and readjust your refund amount . If you owe them more than what your getting back, they take your whole refund. So basically you gotta wait until there done adjusting it to get your refund.Tax Topic 151 is part of the IRS's effort to inform taxpayers of their rights and options when they disagree with an IRS decision. Typically, it accompanies notices or …tax topic 151 reference 1242 take action. Posted in how much did the macy's fireworks cost 2019. tax topic 151 reference 1242 take action. Posted by ...A taxpayer filing as a single filer for the 2022 tax year contributes $25,000 to one beneficiary's qualified state tuition program account and $15,000 to another beneficiary's qualified state tuition program account. Because of the limitation, the taxpayer may claim a subtraction for no more than $20,000 of contributions made to each ...Usually means an offset usually either child support or back taxes. Call this automated line to get offset details. 18003043107. Dial 7 wait a second, then 1 wait a few more seconds and then 1. After this listen to the prompt. Dial one to check for taxes. Dial 2 to check for child support or business debt.Receiving a Tax Topic 151 letter is one of those consequences. Falling behind on your child support payments isn’t the only reason you might receive this important IRS notification, though. If you do get an IRS 151 letter in the mail, you need to understand what it is and what it means for your future. Below, learn more about what Tax Topic ...227K subscribers in the tax community. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U.S. and…The primary purpose of IRS reference number 1242 is to inform taxpayers that their tax return processing will be frozen until the issue is resolved. The IRS system mainly uses the random sampling method when flagging and selecting tax returns for review. Hence, the reference number 1242 doesn’t indicate whether a taxpayer has filed a return ...Tax topic 151 is an IRS letter that informs taxpayers that some or all of their tax refund has been offset to pay for something else they owe, and therefore, they will not be receiving their full tax refund for the current tax year.What does Tax Topic 151 reference number 1242 mean? Topic 151 reference number 1242 indicates that your return is elected for view and will remain frozen for the review period. Once the review is done, the tax return may or may not be processed.I have two tax returns one from 2020 one from 2021 the one from 2021 I claim rebate recovery tax and I ended up on 172 the second tax return that I have is for 2021 and my return is $26,000 I have the code 151- 1242 and they say that it is frozen I don't know why they took my 2020 returns and offset it doesn't even tell me what it was offset for in addition to that my 2021 return it's just ...What does tax Topic 151 and reference 1242 mean? Code 1242 simply means that your return was e-filed 3 weeks ago and your refund is frozen while the IRS asks for more information such as a birth certificate for a dependent, etc. Tax Topic 151 means your return is under review.810 freeze / tax topic 151 timeline thread. Tax Refund/ E-File Status Question. So I know a bunch of you were close to meeting your 120 days of the freeze and I have been scouring the threads to see what everyone heard , be it a resolution or request for additional documentation. My 120 days is 12/30 But I saw there were a bunch of …do anybody with a tax topic 151 reference 1242 get a tax advocate? or a date???After submitting your tax return you may see the following message with reference to code 1242 and Tax Topic 151 when you check your IRS refund status. ... Don't feel bad I'm still waiting on my 2019,2020,2021 and 2022 refunds for this very thing. I call about once a week to insure and I'm told the same thing give us another 180 days were ...Tax Topic 151. Has anyone received an update with this topic 151 and reference code 1242? Yes this is for taxes filed using COVID-19 credits. Well I haven’t seen any movement with people claiming those credits at all someone posted a letter on FB from Irs asking for supported documents they needed so idk .

I wanted to know did it say like take action reference 1242 ? Reply reply more reply More replies. More replies. More replies. More replies. More replies. Cultural-Homework-25 • Were you in tax topic 151? Reply reply Ok_Card4894 • Guess they needed to review it because my amount was high so they wanted to make sure my numbers were correct ...December 30, 2024. January 3, 2025. December 30, 2024. January 6, 2025. January 10, 2025. The estimated IRS refund payment dates in the chart above should not be construed as official IRS payment dates. To get the exact date of your refund payment check the IRS' Where is My Refund ( WMR) site or your IRS transcript.Mar 1, 2022 · What Does “Tax Topic 151” Mean, and What To Do if This Is Your Refund Status. ... Mar. 1 2022, Published 9:38 a.m. ET. Source: Pexels. After filing their income tax returns, ...Return accepted on Jan 29th. Same codes 150, 806 and 810 refund freeze placed on my transcript. Spoke with IRS yesterday and they could not provide me any definitive information. Very strange how wmr prompts you to call and provide reference numbers 1242 but then the IRS has no information to share with you to help resolve the matter.

this weekend my status on wmr changed to take action 151 with reference code 1242 . upon accessing the irs.gov website the dialogue box showing my status had completely disappeared and there are no notices or letters in my inbox. i can view my tax transcript and account transcript. when reviewing the account transcrips it shows i have a freeze ...Probably the Child Tax Credit. Check your Form 1040, page two, line 28. 2. STFU_Am-Me. • 2 yr. ago. You got your refund already. 1. 85K subscribers in the IRS community. Get help with your taxes from experts and fellow taxpayers.pitted keratolysis tea tree oil. MENU. Bienvenidos (as) a Reconstructa…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. In this video what is Topic 152. What is Topic 1. Possible cause: June 4, 2019 6:44 PM. I got topic 1541 and 1242 "We received... it's being review.