Tax Topic 152 simply means that your tax return is being processed. This also implies that if you see IRS Tax Code 152, then the government or IRS has not approved or rejected your refund. So, in essence, IRS code 152 gives refund information. In few instances, your return status may take a while to be updated.
- April 2, 2021 10:33 AM Tax Topic No. 152, means that some tax returns may require further review and could take longer. Different factors can impact the processing time of your refund, however, an IRS representative will be able to access your return and provide insight into why your return may be delaying.
Should I be worried about tax Topic 152?
The bottom line is that if you receive a message indicating you should reference Tax Topic 152, there is no need to panic. Your refund will likely continue to process, but it may take a little longer than expected.
Will my 2021 tax refund be offset?
However, if you receive a refund when you file your 2021 tax return, any remaining Child Tax Credit amounts included in your refund may be subject to offset for tax debts or other federal or state debts you owe.
What does it mean when your refund bars disappeared 2021?
“We have gotten many comments and messages regarding the IRS Where’s My Refund Tool having your orange status bar disappearing. This has to do with irs.gov where’s my refund site having too much traffic and lagging. This is causing images not to display and information about your federal tax return to not show up.
Does tax Topic 152 mean I will get my refund soon?
IRS code 152 does not mean you will get your refund soon. What it simply means is that your refund is being processed. Your return may be accepted or rejected after the final review by the Internal Revenue Service.
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 does tax Topic 151 mean on Where’s My Refund?
You may receive a tax topic 151 letter in lieu of a full tax refund, or any refund at all. If you’ve 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.
How long can the IRS hold my refund for review?
The IRS can go back through three years’ worth of returns, or up to six years if they find a serious error.
How can I find out if my federal tax refund will be offset?
The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets. You can call this number, go through the automated prompts, and see if you have any offsets pending on your social security number.
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.
What is taking the IRS so long to approve my refund?
What’s Taking So Long? If you don’t receive your refund in 21 days, your tax return might need further review. This may happen if your return was incomplete or incorrect. You may also experience delays if you claimed the Earned Income Tax Credit or the Additional Child Tax Credit.
Why is my refund stuck in processing?
There are many different reasons why your refund may have not been processed yet, but the most common include: Your tax return included errors. Your tax return is incomplete. This could mean that all of the necessary forms were not sent to the IRS for processing.
Does tax Topic 152 mean direct deposit?
Tax Topic 152 is generic payout information generally seen if you have chosen direct deposit of your funds. Your message simply means you are being processed.
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)).
What if it’s been more than 21 days and no refund?
If it has been over 21 days since your return was being accepted by the IRS (or 6 weeks if you filed a paper return) and the tax refund status has not changed or WMR has no updated message for delays, you can call the IRS and speak with an agent concerning your tax refund.