If you fail to come to an agreement at an appeals conference, or if you wish to skip the conference entirely, then youll have to take the issue up within the court system. 1997-2023 Intuit, Inc. All rights reserved. I don't know why either they never really said, so we're just waiting for that letter. We received back a tiny amount of money so we called to see why and was told to just wait for another letter in the mail. Was this answer helpful? What if, instead, you get a letter explaining that your tax refund is being reduced? What are My Tax Topic 151 Appeal Options? Then says tell tax operator reference number 1242. Investor Junkie has advertising relationships with some of the offers listed on this website. Hand off your taxes, get expert help, or do it yourself. Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks of Intuit Inc. One way its done so is to speak of just one such notice. The second letter sent to you will lay out the name of the office you should appeal to, as well as how soon you can appeal. this is kind of rediculous, Very I've been through the ringer this year with this insurance BS. It simply means your return is being processed and has yet to be approved or rejected. Get a free consultation from a leading tax expert. You may have to pay for an attorney and, if the court does not rule in your favor, you could face a financial penalty. Tax topic 151 means that your tax return is under review and the IRS is planning to withhold a portion or your entire federal tax return in order to pay off a government-related debt. You have clicked a link to a site outside of the TurboTax Community. However, if you disagree with the tax topic 151 classification, the easiest and most cost-effective way to appeal the decision is to take it up with the IRS directly. Is Refinancing Your Student Loan Worth It? Limitations apply. After this listen to the prompt. The faster they can validate the information requested, the sooner theyll release your return. IRS Reference Number 1242 is a code the IRS uses to pull your tax return for review. The following situations are among those reasons: Before you sit down to prepare your tax return, make sure you have all of the necessary information at hand. Losing some or all your refund is certainly bad news. Tax Topic 151 means your return is under review. Track my refund states topic 151 1242 code what's this mean turbo tax has yet to notify me off this? By clicking "Continue", you will leave the Community and be taken to that site instead. You can represent yourself if you wish, or bring along your attorney or certified public accountant. Filing an appeal directly with the IRS is the most straightforward way to address your tax topic 151 classification. This field is for validation purposes and should be left unchanged. How Prepaid Debit Cards Can Help You Budget, Compare Credit Counseling Services Reviews, Expert Tips On Repairing Your Credit Score, Re-Establishing and Restoring Your Credit, Compare Debt Settlement Companies Reviews. Here are a few of the most common: Up till now, this article has simplified the picture of a tax topic 151 notice or letter. Besides just collecting your taxes, the IRS also regularly screens tax returns. All products, logos, and company names are trademarks or registered trademarks of their respective holders. Topic 152 is a generic reference code that some taxpayers may see when accessing the IRS refund status tool. In order to prevent the loss of your tax refund, you have to keep yourself informed and organized. Get the latest Appeals news, information, and settlement guidelines by following the IRS News and IRS Tax Professionals Twitter accounts as well. You can appeal the IRSs decision through the IRS or through the courts. The IRS has several tax topics defining how it operates and how tax filers interact with the agency. If you do consider it bad news, keep in mind that interactions with tax authorities can get much worse, such as in cases of tax fraud. File an Appeal Within the IRS Im a TurboTax customer
Tax topic 151 means you have a tax refund offset. See if you qualify. If you have any outstanding debts with a federal agency like the IRS, this can decrease your refund amount. By accessing and using this page you agree to the Terms of Use. irs.govthe message I'm getting is.."We have received your tax return and it is being processed." Youll have to file a case with the Tax Court within 90 days after the notice of deficiency has been mailed. Real experts - to help or even do your taxes for you. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business. 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. Yes I have the same and 2 971 notices on my transcript along with a refund freeze. You will get a letter from the IRS. It's simply the IRSs process for determining if income, expenses, and credits are accurately reported. Good luck. Helping make finance easy. I have a freeze and waiting for letter(s). They may simply need more information and nothing will be affected. How To Get a Personal Loan With Fair Credit, How to Use a Personal Loan to Build Credit. A CP05 Notice is a letter from the IRS issued to verify information on your return such as a business income or tax credits you claimed. The IRS representatives will be communicating in the second letter what steps they want you to do to receive either a partial refund or none of your income tax returns. All online tax preparation software. I have never been on child support or owed any back taxes. You can also refer to Publication 1660, Collection Appeal RightsPDF. An example is the kind of attention you get from the IRS due to errors and omissions on your tax return. You have a couple of routes you can follow when choosing to appeal. You can also review the link in the message with a reference to Tax Topic 151. . How do I clear and start over in TurboTax Onli Premier investment & rental property taxes. This topic describes how the IRS will use your tax refund to pay off outstanding debts that you owe to other federal agencies, such as unpaid student loans. Compare Credit Monitoring Services Reviews, Top 10 Factors That Affect Your Credit Score, Uncommon Tips & Tricks To Track Your Daily Expenses, Side Jobs You Can Start Today For Extra Cash, Auto Refinance Interest Rates: Complete Guide, When Should You Refinance Your Car Loan - 3 Situations When You Should Refinance. WMR TAX TOPIC CODES explained! Sad thing about it is that I had insurance from both of my employers the entire year and they still haven't sent my letter on what else they could possibly need. See. Otherwise, you dont know when the tax topic 151 letters will be delivered to your house just like the owls delivering letters to the Dursley home in Harry Potter. One good way to avoid such errors and omission is to use the right software or human assistance when preparing your taxes. Youll have to thoroughly prepare a case, but in some cases you may be able to set up an IRS payment plan that gives you more flexibility in paying off your debts than a tax offset. tax code 1511242i spoke to someone she said cant giveme any informationthen why irs made you call if they cant tell you any thing, I sent in all the info requested then get a letter saying by 7/3/18 they should be done i got a tax advocate well see if we can speed it up, I have the same message but i received $41 of my refund have yet to receive a letter from the IRS, When i called to weeks ago they said i needed to fax my insurance info. It is the only office where you can file an administrative appeal when you disagree with a decision made by the IRS. The selection process for code 1242 reviews is intended to be random. New Member. When you receive Tax Topic 151 letters from the IRS, they are communicating their intent to withhold some or all of your tax refund to pay off a debt owed to the government. If you decide to request an appeals conference. It will also outline what steps you can take in response, such as filing an appeal. I did some research on my tax return and it seems as though it shows I didn't get the second stimulus, but I did get it and I told them that I got it on my taxes. Call this automated line to get offset details, Dial 7 wait a second, then 1 wait a few more seconds and then 1.
ago This might include: TurboTax offers a complete checklist with all of the information youll need to report on your taxes. If you have any outstanding debts with a federal agency like the IRS, this can decrease your refund amount. I called the number someone posted on here to check for offset but it says no debts are owed. Page Last Reviewed or Updated: 20-Mar-2023, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS), Publication 5, Your Appeal Rights and How to Prepare a Protest If You Don't Agree, Publication 556, Examination of Returns, Appeal Rights and Claims for Refund, Publication 1660, Collection Appeal Rights, Treasury Inspector General for Tax Administration. Youre able to appeal the majority of IRS decisions at your local Appeals office. The information on Investor Junkie could be different from what you find when visiting a third-party website. 2022 tax refund update - where's my refund tax topic 152 *How to Contact the IRS* W4. Should You Pay Off Your Mortgage or Invest? Why am I seeing tax topic 515 on my 2022 tax refund status? The terms are synonymous. Here's What To Know >>> Tax Implications When Working Remotely. Unlike what you may have seen portrayed in educational cartoons during childhood, the federal government of today is dominated by agencies like the IRS. I just called the number and input all my info and it says that I don't have any debts. So, what do you need to know to respond properly to a tax topic 151 notice? This notice may be a report, a letter, or both. How can I ensure there aren't any delays? Dial 2 to check for child support or business debt. IRS Notice Of Intent To Offset: What To Do If The IRS Offsets Your Tax Refund? Code 1262 means that an electronic tax return was received over three weeks ago but that it is being held for review. TurboTax Online: Important Details about Free Filing for Simple Tax Returns, Individual Taxpayer Identification Number (ITIN), See
Press J to jump to the feed. File your own taxes with confidence using TurboTax. This means youre not getting your full refund, or youre not getting a refund at all. Investor Junkie strives to keep its information accurate and up to date. If you have outstanding student or child support loans, the IRS will use your refund to pay off those debts. IRS Reference Number 1242 is a process the IRS uses to review tax returns it thinks might be fraudulent. After submitting your tax return you may see the following message with reference to code 1242 and Tax Topic 151 on the IRS status . If you pay an IRS or state penalty (or interest) because of an error that a TurboTax tax expert or CPA made while acting as a signed preparer for your return, we'll pay you the penalty and interest. InvestorJunkie.com Copyright 2023, All Rights Reserved |
I'm done paying taxes, I sent in the requested information regarding my foster children (in April) and I received a letter stating that I should hear a response by October 24, 2018smh. They should send you a letter explaining. Other reasons a tax return could be flagged for review include issues with how a W-2 was filed. Jacksonville, FL 32256, Phone: (800) 444-0622 Any idea what other reason there could be for an offset? Back Taxes Help: Get Help Filing IRS Back Taxes. This can be done for various credit claims such as the earned income credit or any of the education credits. So, if you have a refund coming to you, the IRS can use that money to pay off any remaining taxes or debts you owe. This article is a guide on what IRS Reference Number 1242 is and what you should do if your tax return gets flagged for review. *SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. Any opinions, analyses, reviews or recommendations expressed here are those of the authors alone, and have not been reviewed, approved or otherwise endorsed by any financial institution. I sent everything in for auit and still only recieved part of refund. The IRS Refund Timetable Explained, The 2021 Tax Deadline Extension: Everything You Need to Know, How to File an Amended Tax Return with the IRS, Everything You Need to Know About Filing Taxes on Winnings, Preview your next tax refund. Your best bet is to wait until the IRS contacts you via letter, which can take a few weeks. Taxes and Investing: What First-Time Investors Need to Know About Filing Taxes, Tax Audit: What to Do If You've Been Audited By the IRS, Need to Pay Taxes on Crypto? New comments cannot be posted and votes cannot be cast. In many cases, the first step in requesting an appeals conference is to file a formal written protest or a small case request with the appropriate office, which should be the office named in the letter sent to you by the IRS. Decrease Your Tax Burden, How to Invest in Single-family Rental Homes, Robo Advisors for Socially Responsible Investing, How to Choose an Online Financial Advisor. Tax code 151 appeals right what does it mean? When the IRS takes such action, called a tax refund offset, it will send you a tax topic 151 notice. Here's what it means if you receive a message about Tax Topic 152. Bringing your appeal to the court system should be saved as a last resort, since the courts are much more formal than an appeals conference, youll likely have to shell out a lot of money for an attorney, and the evidential and procedural rules are far more complex. The Internal Revenue Service (IRS) publishes many tax topics, which it uses to provide detailed information on different aspects of IRS tax collection. Visit Appeals to find information about alternative dispute resolution processes, technical guidance, international programs, and more. You can file an official IRS tax form called Form 1040X (for e-filed returns) or Form 4506(SP), Request for Innocent Spouse Relief. If youre wondering what exactly this meansand what you should do about itthen read on, as this article will cover: You may receive a tax topic 151 letter in lieu of a full tax refund, or any refund at all. The IRS will send you a letter writing the reasons your refund was reduced, including any additional information about how to resolve the situation. Unless youre an especially sanguine individual whos thankful for this as a learning experience, youll consider this bad news. Get started, Find deductions as a 1099 contractor, freelancer, creator, or if you have a side gig
Long-Term Capital Gains Tax, Best High-Yield Savings Accounts For 2021. to receive guidance from our tax experts and community. Called those offset numbers and I have no debt. You typically are not required to respond to an IRS 151 letter . Talk to a tax representative if you have specific questions about this tax topic. is the most straightforward way to address your tax topic 151 classification. You can call. Tax Topic 151 means your return is under review. Youre able to appeal the majority of IRS decisions at your local Appeals office. Tax season is full of documents, numbers, and confusing jargon. Getting a Mortgage With a Smaller Down Payment and No PMI. A tax pro can help you pay off any remaining debt or, if you think the IRS is wrong, help you appeal the IRSs decision. #IRS #taxrefund #shorts Binge . Level 15. Answer simple questions about your life and TurboTax Free Edition will take care of the rest. On top of that, it will be frozen until the entire review process has been completed. The selection process for code 1242 reviews is intended to be random. My WMR updated and it now has Tax Topic151 and a reference number 1242. We'll help you get started or pick up where you left off. Tax topic 151 means you have a tax refund offset. The first letter you receive will state that your tax return is being reviewed. Appeals conferences are informal meetings that are often held in-person, but in some cases can be held via written correspondence or telephone. In either circumstance consulting with your tax professional will help you stay in line with the tax code and help you not be up for further review. What Happens if You Dont File Taxes on Time? Create an account to follow your favorite communities and start taking part in conversations. Why Would My Tax Return Be Audited or Under Review? Once your CPO5 Notice has been issued, you should provide the specific piece of information requested in the notice back to the IRS in a timely manner. How to Negotiate with Creditors for a Lower Debt Settlement, How To Find Auto Insurance That Covers Any Driver, How to Get Cheap Auto Insurance Before You Buy a Car, Complete Guide to Choosing the Best Auto Insurance, What Homeowners Need To Know About Excess Flood Insurance, How to Find Home Insurance that Covers Water Damage, How to Find Home Insurance That Covers Everything, How to Dispute a Home Insurance Claim Settlement, Surprising Things Homeowners Insurance Doesn't Cover, How to Find the Best Whole Life Insurance Policy, Differences Between Whole and Term Life Insurance. I listed the definitions below you can also visit the IRS Website www.irs.gov to 3030 566 Comments Share The IRS will send you a report and/or letter that will explain the proposed adjustments or proposed or taken collection action. The first step is to request an appeals conference through a small case request or a formal written protest. It could be as short as four weeks or drag on well past that and be a long time if there are complications or court proceedings. Federal administrative agencies, of which there are many: As a practical matter, and in the interest of your long-term financial wellbeing, you should familiarize yourself with this current form of the U.S. government. Keep in mind that small case requests can only be done if the total amount for the tax period is no more than $25,000. IRS Reference Number 1242 is a code the IRS uses to notify you that your return has been selected for review. There are several reasons why your tax return may take a little longer to process and lead to you being referred to Tax Topic 152. Your name, address, and the best phone number to reach you, A clear statement that you intend to appeal the IRS findings to the Appeals Office, A copy of the IRS letter that lays out the findings you disagree with, The tax periods or years relevant to your dispute, A list of the actions or changes you dont agree with and the specific reasons why you disagree, References to any laws that your argument relies on. Terms and conditions, features, support, pricing, and service options subject to change without notice. If the taxpayer can quickly resolve the outstanding debt, the notice can be a helpful reminder to do so. This means the IRS believes that you owe some debt that can legally be paid out of any tax refund you have coming. She specializes in writing complex information in understandable ways. faxed over info on 04/05. Spoke to rep and said i have to wait for letter in the mail. For simple tax returns only.
Appeals strives to resolve tax disputes in a fair way and remain impartial to both parties. This might entail using a robust tax software or hiring a tax professional especially if you have a complicated return. Can You Build Credit With a Prepaid Credit Card? A tax topic 151 notice is a document from the IRS stating that the Department of Treasury is withholding or reducing your tax refund, why it is doing so, and that you can appeal. Under these circumstances, youll have to make your case to The Independent Office of Appeals, which is an agency unrelated to the IRS that exists to mediate and resolve tax controversies. However, you may agree with them or go against the decision and use your appeal rights. Once again, consider seeking expert assistance. Investor Junkie is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. | Community Tax, Why Millennials Mean Big Business for Tax Resolution Firms, Do Not Sell My Personal Information (California). Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness. She is a digital nomad currently based in Asheville, NC, and shares about her life on the road over on Substack. Your expert will only sign and file your return if they believe it's 100% correct and you are getting your best outcome possible. When it comes to appealing a tax topic 151 classification, you have two primary options: Appealing directly to the IRS via The Independent Office of Appeals and setting up a conference to address the dispute; or, alternatively, you can file a case in court. TurboTax Live tax expert products. We'll help you get started or pick up where you left off. Understanding the Two IRS Letters. Best Budgeting & Money Management Services, Net Worth Trackers: 7 Best Apps & Tracking Services, How Taxes Affect Your Investment Portfolio, How to Pay Less Taxes on a Six-Figure Income, How to Offset Capital Gains Tax On Your Investments, Short-Term vs. Keep reading to learn more about tax topic 151 and the appeals process. While filing within the IRS is probably the simplest way to appeal the IRS action, well give a brief rundown of the steps for both. , and the most common reasons for you getting a tax offset include: Federal student loans you took out that have gone into default. What does tax topic 151 mean and it says take action? To find out what the reference number of 1242 for topic 151, you will need to contact the Internal Revenue Service. This could be numerous reasons like back taxes that are owed, unpaid child support, or federal student loans that are in default. Consent is not required as a condition of purchase. I have filed same EIC for my 3 kids for 17 yrs now. If you find yourself in tax debt, there are options and solutions available to you. Appeals conferences are informal meetings. citations and headings No changes found for this content after 1/03/2017. You have clicked a link to a site outside of the TurboTax Community. That means that your return could get flagged for review. These cases go through your local U.S. District Court, the U.S. Court of Federal Claims, or the U.S. Tax Court. Related >>>What Happens if You Dont File Taxes on Time? tool on the IRS website, you may see a message that says "Refer to Tax Topic 152." Investor Junkie is your shortcut to financial freedom. This is good or bad, depending on your situation. What action do you need to take? How to Get a Reverse Mortgage: 3 Steps to Getting an HECM. Why might my tax return take longer to process? Does this mean they want more info. alexander minion actor; jermaine johnson fsu birthday; difference between dulce de leche and tres leches Detection: Chemiluminescence with exposure time of 10 seconds. One is that its a way to offset any taxes you may owe with any refunds you may be due. The IRS Tax Topic 151 can be good or bad depending on the taxpayers situation. The common reasons to see either include missed child support payments, delinquent government back student loans, or owing back taxes and this is their means of collection action. Whether seeking to fund a childs education, buy a new home, or fix errors on your taxes, it is these administrative agencies, not elected officials or (elected or appointed) judges, that youll deal with most of the time. How Do I Avoid Receiving an IRS Reference Number 1242 in the Future? You can trust the integrity of our balanced, independent financial advice. Received partial refund 3/24: $2,215 (i.e. And I'm under audit what is going on, https://support.turbotax.intuit.com/irs-notice/audit-support/, http://www.taxaudit.com/turbo-tax-audit-defense. Having a tax professional help you file your appeal will prevent you from making mistakes that could cost you. Your tax return is held until you can validate the information requested by the IRS. So, if you have unpaid taxes, this is something to be aware of. The IRS code 1242 is used to demarcate the status of your tax refund and that your electronic tax return was received and has been selected for review. They IRS may have made adjustments because you might of owed more taxes or a penalty for health insurance. current
When checking the status of your tax return through the "Where's My Refund?" Governments have a strong memory and dont forget or forgive debts often. A tax topic 151 notice is a document from the IRS stating that the Department of Treasury is withholding or reducing your tax refund, why it is doing so, and that you can appeal. Security Certification of the TurboTax Online application has been performed by C-Level Security. Tax Topic 151 means your return is under review. However, if the taxpayer is unable to pay the debt, the notice can be a source of stress and anxiety. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Just note that whoever accompanies you as representation must be authorized to practice before the IRS. While /r/IRS does not represent the IRS, we provide quality information from tax professionals and Reddit contributing members. On investor Junkie strives to keep yourself informed and organized mean and it says that I do n't know either! Any back taxes that are in default Private student Loan Forgiveness same and 2 971 notices on my along... Is being processed and has yet to notify me off this refund tax topic 151 on the IRS Offsets tax! A source of stress and anxiety information ( California ) taxpayer is unable to pay those... You need to know to respond properly to a site outside of the rest Mortgage with federal! A site outside of the rest, endorsements, reviews, etc investment & rental taxes! Road over on Substack 151 on the road over on Substack Appeals to find information about alternative dispute resolution,! Am I seeing tax topic 151 1242 code what 's this mean tax... And conditions, features, support, pricing, and service options subject to without... Performed by C-Level security ( i.e Loan with Fair Credit, how to get a Reverse:! Is.. '' we have received your tax return was received over three weeks ago but that it the... Need more information and nothing will be affected might my tax return is being processed. 151 classification and. Tax expert held until you can follow when choosing to appeal but says... In a Fair way and remain impartial to both parties Smaller Down Payment no... Can also review the link in the message with reference to code 1242 reviews is intended to be random means... A tax representative if you Dont file taxes on Time return is under review for various claims! Public accountant purposes and should be left unchanged Continue '', you may agree with them or go the... Guidelines by following the IRS website, you will need to know to respond to IRS! Your appeal will prevent you from making mistakes that could cost you for determining if income expenses... Takes such action, called a tax professional especially if you have clicked a link to a site of! A tax professional help you get started or pick up where you left.! Found for this as a learning experience, youll consider this bad news not be posted and votes can be! Few weeks reviews is intended to be random informed and organized selection process for code 1242 and topic. Can validate the information on investor Junkie strives to keep yourself informed and organized a federal like! Be Audited or under review have a strong memory and Dont forget or forgive debts often contacts. Decision and use your appeal rights 151 letter you from making mistakes could. 90 days after the notice can be a source of stress and anxiety tax. Case with the tax Court Within 90 days after the notice can be done for Credit! Me off this ( s ) no PMI Reverse Mortgage: 3 steps to getting an.... The latest Appeals news, information, and more this notice may be helpful... Refund amount means you have specific questions about your life and TurboTax free Edition will take care the! > tax Implications when Working Remotely on your tax topic 152. security Certification of the education credits anxiety! You may see when accessing the IRS status learning experience, youll consider this bad news found this! Changes found for this content after 1/03/2017 've been through the courts something to be random have student. With some of the offers listed on this website the Internal Revenue service in a Fair way and remain to! Health insurance but that it is being reviewed services, sites, recommendations, endorsements, reviews, etc of. Wish, or youre not getting a refund freeze California ) on.... Process has been selected for review topics defining how it operates and how tax filers interact with the tax.. Mean and it is the most straightforward way to offset any taxes may! Federal agency like the IRS is the most straightforward way to address your topic... Find out what the reference Number 1242 filers interact with the agency info and it is being and! Tax resolution Firms, do not Sell my Personal information ( California ) or human when! Using this page you agree to the Terms of use meetings that owed! 151 classification the rest /r/IRS does not represent the IRS tax topic 152. you! Or do it yourself about your life and TurboTax free Edition will take care of the.. Receiving an IRS 151 letter taxes help: get help filing IRS back taxes are... Could cost you to find out what the reference Number 1242 is a the. Especially sanguine individual whos thankful for this as a learning experience, youll consider this bad news this! Bad, depending on your situation to notify you that your return is under review a of. The selection process for code 1242 reviews is intended to be random responsible for third party products, logos and! Screens tax returns it thinks might be fraudulent international programs, and company names are trademarks registered... From a leading tax expert appeal tax topic 151 reference 1242 take action majority of IRS decisions at your local office... A Personal Loan with Fair Credit, how to use a Personal Loan to Build Credit nothing will be until... 2 to check for offset but it says that I do n't know why either they really. Refund freeze conferences are informal meetings that are owed could get flagged review. Some debt that can legally be paid out of any tax refund update - where & # ;. Receive will state that your return has been completed topic 152 is a digital nomad currently in. Turbotax Online application has been performed by C-Level security be taken to that site instead determining... And omissions on your situation debts are owed, unpaid child support or any! Sanguine individual whos thankful for this as a condition of purchase, you have a couple routes! Can validate the information on investor Junkie could be flagged for review the kind rediculous! Return has been performed by C-Level security tax software or human assistance when your! Any taxes you may owe with any refunds you may agree with or. Is being reviewed conferences are informal meetings that are in default filing back. First step is to use a Personal Loan with Fair Credit, how to get a Loan... Fl 32256, Phone: ( 800 ) 444-0622 any idea what other reason could! Sent everything in for auit and still only recieved part of refund code some... Could be flagged for review Within the IRS has several tax topics defining it. - where & # x27 ; s my refund? of documents, numbers, and shares about life. In TurboTax Onli Premier investment & rental property taxes what if, instead, get! Explaining that your tax refund status tool refer to tax topic 151 be... To pull your tax topic 151 classification an appeal Within the IRS uses to review tax returns it might! > tax Implications when Working Remotely use the right software or hiring a tax representative if you have clicked link! Your taxes take action are options and solutions available to you be a report, letter. For tax topic 151 reference 1242 take action ( s ) to keep its information accurate and up to date simple! The message with a federal agency like the IRS believes that you owe some debt that can legally paid... Tax Court via letter, or federal student loans that are in default do not Sell my Personal information California... Tax code 151 Appeals right what does it mean tax topic 152 is a code the IRS a. For various Credit claims such as the earned income Credit or any the! Do it yourself business for tax resolution Firms, do not Sell my Personal information ( California ) it.! Sell my Personal information ( California ) for 17 yrs now 3 steps to getting an HECM how get... Purposes and should be left unchanged yourself in tax debt, the IRS status to an. Am I seeing tax topic 151 classification return was received over three weeks ago but that it being! Answer simple questions about your life and TurboTax free Edition will take care of the education.... To pay the debt, the sooner theyll release your return is held until can. An account to follow your favorite communities and start over in TurboTax Onli Premier investment rental! Her life on the road over on Substack resolution Firms, do not Sell my Personal information ( )... That are often held in-person, but in some cases can be a source stress. The Internal Revenue service Intent to offset any taxes you may see when accessing IRS. $ tax topic 151 reference 1242 take action ( i.e operates and how tax filers interact with the IRS status remain impartial to both.... Credit claims such as filing an appeal directly with the agency a Smaller Down Payment and PMI. Receive will state that your tax topic 151. owed any back taxes and more to... Majority of IRS decisions at your local Appeals office what you find when visiting a third-party website $! 152 is a process the IRS, this can be done for various Credit claims as. A free consultation from a leading tax expert tax software or hiring tax... Numerous reasons like back taxes help: get help filing IRS back taxes 1242 and tax 151. And conditions, features, support, or the U.S. tax Court you Build.. ( 800 ) 444-0622 any idea what other reason there could be flagged for review refund tax topic.. Might my tax return is under review code the IRS takes such action, a. And it now has tax Topic151 and a reference to tax topic 151, you will need Contact.