152 is an IRS resource that outlines possible reasons for tax return delays. https://www.irs.gov/individuals/get-transcript 3 [deleted] 2 yr. ago My answer is be patient, look into the above steps and contact a tax advocate or tax professional if you get nowhere with the IRS. This year I got that saying 151 & the reference number 1242 what does that mean? for 33 years. Despicable. But they owe us money and we pay them so why cant we charge them interest on holding our money. Ill vote for my dog next time at least shes smart. Will they just take out what I owe and send the rest? This is just absurd my boyfriend and i filed same day and he got his return in 5 days! Is it because were on the lower financial end and we cant afford lawyers so they keep the refunds? Kevin, thanks so much for posting this, its very helpful to me. The business research group's present situation index which measures consumers' assessment of current business and labor market conditions ticked up to 152.8 from 151.1 last month. 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. You will get a letter from the IRS explaining this offset to your federal refund and why itdiffers from what was estimated in your filed return. I put my return in the mail on March 4th, that was 25 weeks ago yesterday. How to amend (change or correct) a return you' How do I fix e-file reject IND-031-04 or IND-0 Premier investment & rental property taxes. If you have questions regarding the offset of your refund you can call the Treasury Offset Program (TOP) on800-304-3107. This questionused to come up a lot, but is not very relevant since you can request a tax transcript online via your IRS account. I filed march 4th needed to file by paper due to itin number not being sent to me at new address they waited untill may 30 th to even release my refund for processing now I have to wait another 9 weeks . 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. Still nothing for the IRS!! SMH. 104 Taxpayer Advocate Service Your Voice at the IRS. When it comes to tax seasonI receive a lot of reader questions, many tinged with a hint of desperation, around why IRS tax refunds are taking so long to be processed and what can be done to get their money sooner rather than later. . March 3 accepted June 5th still being processed and I got my state within a few weeks, My exact issue, filed March 20th still processing today June 18 . Today is 60 days and I havent heard from the IRS. However last week I only received a small portion of the return so I tried calling all day finally after 10 hours got through and the IRS rep could not tell me anything more. We filed 1/17/2019 it was accepted 1/21/2019 and had to verify our identity, done, told 9 weeks more or less, then got a letter saying 60 days, waited and nothing, called and told 30 days, waited, nothing. #SMDH. PATH Act, Tax Topic 152 and 151 Two of the most common refund related messages showing up on the WMR tool after your tax return is submitted are the PATH message and to Refer to Tax Topic 152. Corporations making cash contributions for 2020 and 2021 have an increased limitation to 25% from 10%. You can also learn more about the Appeals process by reviewing the Appeals Process: Exam Issues YouTube video. Soooooo. Does anyone know about them taking a long vacation? @dcscf136 If your login issue is regarding IRS website, then you will need to contact them directly regarding that matter; contact details can be foundhere. Im over 60 and receive Social security. IRS Topic 151, which stands for Offset of Your Refund, refers to the offset or reduction of your federal tax refund based on the money you owe to a federal agency. Guess Ill get my refund toward the middle of summer (its still Spring FYI ), In case this helps someone that may be in a similar situation: Okay people, heres what I just got from a local IRS person that was originally going to schedule an appointment for us to go into an office that wasnt even local because there werent any open local appointments. The correspondence also tells you of your right generally to request a conference with an Appeals or Settlement Officer, as well as how to make your request for a conference. Notify me of follow-up comments by email. To avoid receiving a Notice of Intent to Offset, and avoid a tax offset altogether, youll need to pay off all of your debts, along with any interest or penalties you may have accrued. Those who filed paper based or amended returns, will likely face even longer delays in getting any refunds and will likely see the Return Processing Has Been Delayed Beyond The Normal Timeframe WMR message for extended periods and ongoing notices from the IRS around additional 60 day review periods. We looked over our return and found that it was intentionally left blank because it was supposed to bewe didnt qualify to have something on that line. Have you resolved this, any updates. I was under they impression that they have to pay you interest if delay is their fault? On the IRS 's webpage for Topic No. I have a similar problem and I have done everything asked of me to resolve it and still nothing :( What is going on????? Gold faces worst month since June 2021 as rate-hike fears dominate. they told me june 6th they will be processing it again and that they havent recieved an offset yet. USPS tracking confirms it was received July 20, 2021. Why am I seeing. Get the latest Appeals news, information, and settlement guidelines by following the IRS News and IRS Tax Professionals Twitter accounts as well. The US Postal usually dont deliver refund checks until Saturday morning to prevent someone watching your mail and stealing the check. 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. It is a good idea to pay your debts. is the most straightforward way to address your tax topic 151 classification. I worked for the I.R.S. The correspondence also tells you of your right to request a conference with an Appeals or Settlement Officer, as well as how to make your request for a conference. You can represent yourself if you wish, or bring along your attorney or certified public accountant. Here is some information on Tax Topic 151 & 152 that many people asked for. Call 833-833-4151 or submit an online inquiry to request a free evaluation. maharashtra s pune district Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. That being said, there is a correlation in reviewing your transcript for current year IRS processing transaction codes. I am an Enrolled Agent. Now audits, while scary, are done at different levels and for most people an audit just means an IRS agent will check your return manually and send you a letter with discrepancies, adjustments or asking for payment. I filed mid-March 2021 and it was accepted right away. I know I owe 2 years ago and last year I got part of my refund cause it went to what I owe which I understand. BBA- Specialization: Accounting, MBA- Specialization: Asset Management, EA. If you dont want to pay the taxes, there is a process to appeal their decision. Once the refund has been sent out to your financial institution for direct deposit, the status changes to Refund Sent. Under the law, federal payments such as tax refunds can be collected against by approved agencies (e.g the IRS) before being paid to you. If we owed theyd be banging our doors down. It is now June 29th 2020 and I am still waiting for my refund. This is beyond ridiculous and I wish I could open a case against them but I cant afford a lawyer and I dont even know of they could do something about this. By entering your phone number and clicking the Get Started button, you provide your electronic signature and consent for Community Tax LLC or its service providers to contact you with information and offers at the phone number provided using an automated system, pre-recorded messages, and/or text messages. Tax Topics Explained. The last letter we received from them was back in June saying that they will be working with our case but to stay put. Will my bars ever pop back up or do I need to send something back before my wmr bars update. This is money Ive already earned, and belongs to me a law abiding, tax paying, American citizen. Talk to your accountant, tax advocate or tax professional if you are not clear on what the IRS is asking for or you don't get an update after 21 days. handles taxpayer disputes with the IRS over things like income tax, estate tax, gift tax, and certain other taxes. The role of the Office of Appeals (Appeals) is to make an independent review of a tax dispute and to consider the positions taken by both the taxpayer and the IRS. They drive eco-manslaughter on a global scale via energy, farming and climate policy. If you previously opted to forgo a conference with the Appeals Office, youll typically be given an opportunity to settle your dispute with the IRS with one of these conferences before your trial officially begins. After verification it could take up to 9 weeks for you to get a refund. Tesla's stock rebounded by 87% year-to-date after falling to close at $123.18 on Dec 30. You will get an official IRS letter or notice explaining the actual offset and adjustments to your tax return, and details on how to appeal this action but likely it will delay you getting your refund. I spent my last 11 years at the I.R.S. If you don't reach an agreement with the Appeals or Settlement Officer or you don't wish to appeal within the IRS, you may appeal certain actions through the courts. If you have 151 but DONT have take action that means youre being audited for things you claimed such as head of household, earned income credit, dependent credits, etc Youll be asked to send in proof of residency. is this normal. What should I do? The site layout includes a 100-square-foot arena with a conference room, kitchen and office space; a 24,000-square-foot equestrian center and cattle barn, a 6,000-square-foot farmers market and . I did my taxes around January 9/10 I swear it got accepted like a day later! And shes on my lease . I was hit with tax topic 151 and received a letter to reply with verification that my 3 children (the same 3 i claim for the last years without an issue) had lived with me at the same address as me. 1021 - BFS part offset, check mailed more than 4 weeks ago ( contact BFS at 1-800-304-3107) 1061 - BFS part offset, direct deposit more than 1 week ago ( contact BFS at 1-800-304-3107) 1081 - IRS full or partial offset, paper check mailed more than 4 weeks ago. Our returns start accruing interest after 45 days of approval if it hasnt been mailed or direct deposited. Tax Topic 151 refers to the reduction or withholding of an individual's tax refund to cover money the taxpayer allegedly owes the government. Mine said the same thing I file same thing as I all way have nothing change what do I do I talk to the irs last Tuesday and the lady said my tax was Cleared that I would get my taxes within a week and then I got the 151 notice. The role of the IRS Independent Office of Appeals (Appeals) is to make an independent review of a tax dispute and to consider the positions taken by both the taxpayer and the IRS. Still says processing I just dont believe them anymore. The only way you can get this money back is to pay your back taxes or appeal their decision in writing within 30 days. Damn shame they cant get it together!!! No movement. Another area of confusion for those expecting a refund is that when they get a refund it is actually less than theamount they were expecting or provided by their tax software provider. Just note that whoever accompanies you as representation must be authorized to practice before the IRS. When will iIget my money? Disclosure: This page may contain affiliate links and we may receive a commission through them, but this is at no additional cost to you. Tax Topic 152 on the other hand just means your return is under processing in line with IRS guidelines (generally within 21 days) and this notice confirm the methods for payment (direct deposit, check) and lists other items that could delay refund processing, per the screenshot below from the IRS website. A written protest will include all of the following pieces of information: Once you have included all of this information in your written protest, youll have to sign the document and send it to the proper office within the window of time given to you by the IRS. BBA- Specialization: Accounting, MBA- Specialization: Asset Management, EA. One is that its a way to offset any taxes you may owe with any refunds you may be due. 151 Your Appeal Rights. Thanks. I cant imagine having to wait for a return that was filed 2 years after they were due. Filed Feb 4th, its June 21st and it still shows processing even though I received a letter stating May 30th at the latest everything would be finalized. To get yourself prepared, check out the irs site for topic 151 here: http://www.irs.gov/taxtopics/tc151.html. Refund Status Result Take Action. 151: It is saying too many log in's now, can't log back in. Larson Tax Relief has over 16 years of experience assisting clients in all 50 states with Tax Topic 151 Letters and other related tax matters. I called the advocate line 6 times and left a message, they never called back. 1 Reply helenv1979 Level 2 March 13, 2021 6:42 AM I know what topic 151 means because it was there on the note and read ot also on IRS website I just want to know if anyone on this thread already have an update on their tax refunds after receiving topic 151 status. Spoke to rep and said i have to wait for letter in the mail. I have never had this happen and I don't understand what else I can do. So 2 years and have called and been on hold greater than 80 mins. We are not supposed to even receive this forum, confirmed with my health care provider. I only received a portion and take action tt 151 came up. These topics are usually found at the end of their tax guides on the IRS website, which they use to help taxpayers understand how they should fill out their tax forms. I asked why didnt they tell anyone by letter or on Wheres my Refund? I am an Enrolled Agent. 8. Try to contact someone more local. It is not like I itemized my return I did the short form so there isnt much to look over. Tax Topic 151 means that youre getting a tax offset (less of or no refund), which is where the Department of Treasury will be taking your refund to pay for something that has been reported that you owe. The IRS will contact you by letter. Required fields are marked *, When a good is taxed, the burden of the tax. A copy of your tax return. 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. If youve received this notice, it means that your tax refund is either being reduced or withheld entirely by the Department of Treasury so that they can use it to pay for things that they believe you owe. For more information, see:IRS: Topic No. I have tried making an appointment and get the same messageDo to high call volume we cant take your call.At this point it is seriously ridiculous, Irs is actually still backed up with 2019 taxes, along with 2020 taxes. The Internal Revenue Service (IRS) publishes many tax topics, which it uses to provide detailed information on different aspects of IRS tax collection. It will also let you know how to appeal this action. In order to prevent the loss of your tax refund, you have to keep yourself informed and organized. Then listen to the options and dial 2 then 1 then 4, then 2 again, until it finally asks for your social they will try to trick you after that, but dont dial anything it will take you to an operator. New rates cover an association's necessary and reasonable operating expenses. Too many glitches, but yea lets blame Trump! How Much Should I Offer In Compromise to the IRS? This is often the case due to not including a W-2, or a 1099-DIV, etc. 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. This filing requirement doesn't automatically mean your return is accepted and processed, however. The notice said if I agree to the amount that I would not need to respond so I didn't. Tax preparer tips: Red flags that your tax preparer is a fraud. Enrolled Agent since 2008, Intuit Tax Expert since 2011. I was told to include all the information and fax it back or mail it and it would take 6 to 8 weeks. If the Tax topic code changes to 151, then it means your return is under a potential audit or held for further examination. I filed 4/15/21 and Then the IRS said that they were sending my refund finally on February 28 of this year It is now March 21 and I still have not received a check Yeah good times. Filing your taxes. By comparison, Social Security accounted for 21% of federal outlays in FY 2022, while defense accounted for 13%. In addition to examination adjustments, many other things can be appealed, such as penalties, interest, trust fund recovery penalties, liens, levies, and offers in compromise. This can be done for various credit claims such as Earned Income Credit or any of the education tax breaks (this is not all inclusive). IRS Notice Of Intent To Offset: What To Do If The IRS Offsets Your Tax Refund? Brooks that covers topics such as the swine flu, vaccines and vaccinations, quarantine, water. 151 says you are under an audit. I believe I have a simple issue that simply speaking to someone at the IRS or someone who can get the information over to the IRS would clear everything up and I will be able to get my refund released. Roth conversion: With the amount the government is spending trying to stabilize the economy, historically low tax rates, and messaging from the current administration there is a belief that tax rates will increase sometime in the near future. In around four weeks, you should receive a follow-up letter from the IRS. Anyway 6months into the year and still no refund for me! The IRS works with taxpayers to try to settle tax disputes in an effort to avoid court proceedings through an administrative appeals process. Unless they are holding monies from us in order to gain interest on the amount due tax payers. 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For Topic No for tax return delays your transcript for current year IRS processing codes...

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