Irs Code 971 With Future Date - In contrast to the celebratory 846, a 971 code on your transcript means the irs sent you a notice in the mail. Seeing code 971 is usually no cause for panic. But you should review. Different dates between these codes usually. Cycle codes ending in 01, 02, 03, 04 are daily accounts. Cycle codes ending in 05 are generally weekly accounts. A full table of 2025 cycle codes and calendar dates is shown. Whenever an adjustment is made, you are issued a 971 code( letter to inform) and your refund is on hold (570 code) for 7 to 10 days to give you time to agree or disagree. If you do nothing,. Fortunately most tax and transaction codes (tc) or numbers are just informational or updating status and the key is wait and follow the official instructions you get form the irs. In contrast to the celebratory 846, a 971 code on your transcript means the irs sent you a notice in the mail. Seeing code 971 is usually no cause for panic. But you should review. Different dates between these codes usually.
In contrast to the celebratory 846, a 971 code on your transcript means the irs sent you a notice in the mail. Seeing code 971 is usually no cause for panic. But you should review. Different dates between these codes usually.