Tax Topic 152 means you’re getting a tax refund. The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing.
What does tax topic 152 mean?
- June 7, 2019 4:35 PM Tax Topic 152 means that the IRS needs additional time to process your return and issue a refund. This means there is a delay in your refund, but no reason you would not receive it.
Does tax Topic 152 mean Im getting my refund?
What is Tax Topic 152? Topic 152 is a generic reference code that some taxpayers may see when accessing the IRS refund status tool. 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.
Is No tax Topic 152 good or bad?
Is IRS Code Tax Topic 152 Good or Bad Thing? IRS code 152 and tax topic 152 is not a bad thing. That IRS tax code only means your tax return is being processed. There should be no cause for worry.
Will tax Offset show on Where’s My Refund?
According to the IRS website: ” BFS (Bureau of the Fiscal Service) will send you a notice if an offset occurs. The notice will reflect the original refund amount, your offset amount, the agency receiving the payment, and the address and telephone number of the agency.
What does code 152 mean?
Topic Number 152 – Refund Information: It simply means that your e-filed return is being processed and that the government hasn’t approved or rejected it yet.
Does Topic 152 mean audit?
Usually when you receive the topic 152 message you will receive your tax refund within the next 10-14 days. Topic 152 is a code that the IRS uses to tell the status of each group of refunds. 151 says you are under an audit. 160 says that your refund has been deposited.
What is a section 152 dependent?
Section. 152(a) provides that the term “dependent” means a “qualifying child” (as defined in. Page 2. 2. section 152(c)) or a “qualifying relative” (as defined in section 152(d)).
Who do I call about my tax refund after 21 days?
You can call the IRS on 1-800-829-1040 between 7 AM – 7 PM local time Monday-Friday.
Should I Worry About tax Topic 151?
Should I Worry About Tax Topic 151 On My 2020 Transcript? No. You should not worry if you received IRS tax topic 151 irrespective of the year, either 2020 or 2021. All you need to do is wait for the IRS to send you a second letter with the details on what to do.
How do I know if the IRS is keeping my refund?
Call the FMS at 1-800-304-3107 to find out if your refund was reduced because of an offset. Call the IRS Taxpayer Advocate Service at 1-877-777-4778 (or visit www.irs.gov/advocate) if you feel your refund was reduced in error. The service is free.
How do I find out where my refund went?
Use the Where’s My Refund tool or the IRS2Go mobile app to check your refund online. This is the fastest and easiest way to track your refund. The systems are updated once every 24 hours. You can call the IRS to check on the status of your refund.
How long does it take to receive refund after offset?
Timeframes for receiving and sending funds Typically, the state child support office that submitted the noncustodial parent’s case for tax refund offset receives the funds within two to three weeks.
Why is it taking the IRS to approve my refund?
This may happen if your return was incomplete or incorrect. The IRS may send you instructions through the mail if it needs additional information in order to process your return. You may also experience delays if you claimed the Earned Income Tax Credit or the Additional Child Tax Credit.
What does it mean when IRS says your refund is being processed?
This means the IRS has processed your return and has approved your refund. The IRS is now preparing to send your refund to your bank or directly to you in the mail if you requested a paper check.
What does still being processed mean IRS?
The IRS will issue most refunds in less than 21 calendar days. Your tax return is incomplete. This could mean that all of the necessary forms were not sent to the IRS for processing. Your return has been flagged for identity theft or fraud.