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570 Code Delaying My $9,845 HoH Refund with $7,830 EIC - Self-Employed with Feb 24 Hold Date

I just checked my transcript and I'm really worried about a 570 code showing up (Additional account action pending as of 02-25-2025). My expected refund is showing -$9,845.00 but there's this hold up. I filed Head of Household with AGI of $17,658.00. The transcript shows my credits including EIC of -$7,830.00 and what looks like child tax credits (-$3,000.00 and -$1,700.00). My total self employment tax is $2,685.00 on SE income of $17,547.00. Here's my full transcript details: Internal Revenue Service United States Department of the Treasury This Product Contains Sensitive Taxpayer Data Request Date: 02-07-2025 Response Date: 02-07-2025 Tracking Number: 107xxxxxxxxxx Account Transcript FORM NUMBER: 1040 TAX PERIOD: Dec. 31, 2024 TAXPAYER IDENTIFICATION NUMBER: [REDACTED] ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ACCOUNT BALANCE: -9,845.00 ACCRUED INTEREST: 0.00 AS OF: Feb. 24, 2025 ACCRUED PENALTY: 0.00 AS OF: Feb. 24, 2025 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): -9,845.00 INFORMATION FROM THE RETURN OR AS ADJUSTED EXEMPTIONS: 04 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: 17,658.00 TAXABLE INCOME: 0.00 TAX PER RETURN: 2,685.00 SE TAXABLE INCOME TAXPAYER: 17,547.00 SE TAXABLE INCOME SPOUSE: 0.00 TOTAL SELF EMPLOYMENT TAX: 2,685.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Apr. 15, 2025 PROCESSING DATE Feb. 17, 2025 TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 20250505 02-17-2025 $2,685.00 30211-417-54246-5 766 Credit to your account 04-16-2025 -$3,000.00 766 Credit to your account 04-16-2025 -$1,700.00 768 Earned income credit 04-16-2025 -$7,830.00 570 Additional account action pending 02-24-2025 $0.00 The processing date was Feb. 17, 2025 (cycle 20250505), and everything looked good with codes 766 and 768 showing my credits properly ($3,000 + $1,700 for child tax credits and $7,830 for EIC), but then this 570 code appeared. My account balance plus accruals still shows -$9,845.00 with no penalties or interest accrued as of Feb 24, 2025. I have 4 exemptions claimed and my taxable income is showing as 0.00 despite having self-employment income. The transcript shows my return was received and processed well before the April 15, 2025 due date. Has anyone dealt with this 570 code before? I'm getting really worried since I need this money. The return isn't even due until April 15, 2025, but I filed early hoping to get the refund quickly. I filed as Head of Household and was expecting credits to be applied on April 15th according to the transcript, but now I'm concerned this 570 code means there's an issue.

have u tried checking wmr? sometimes it gives more info than the transcript

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Ava Thompson

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just says still processing no tax topic 😤

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Paolo Rizzo

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Pro tip: use taxr.ai to analyze your transcript. Mine showed 570 too but the AI explained exactly why and when it would resolve. Best dollar I ever spent no cap

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QuantumQuest

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Used it too, was spot on with the timeline šŸ’Æ

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Emma Anderson

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Did this last year thinking I could amend later... BIG MISTAKE! Ended up with notices and had to pay penalties. Don't be like me lol

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oof that's rough buddy 😬

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my employer ghosted me last year and never sent it. ended up having to get wage transcripts from the IRS. took foreverrrrr

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CosmicVoyager

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how long did that take? my employer went bankrupt šŸ’€

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like 6 weeks no cap. complete nightmare

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Santiago Diaz

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quick question - does anyone know if the age cutoff is the end of 2023 or when you file?

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Millie Long

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Its December 31st of the tax year. If they turned 17 in 2023, no credit sry

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Santiago Diaz

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ugh that stinks. thx for the info tho!

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KaiEsmeralda

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started my taxes last night and im already confused af about all these credits lol

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Debra Bai

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its like they make it complicated on purpose i stg 🤔

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Self Employed Head of Household Tax Transcript Review: $7,410 Refund with $7,830 EIC - Are Codes 150, 766, 768 Correct?

Can someone look at my transcript and tell me if everything looks good for my self employed return? I just received my Account Transcript from the IRS dated 02-07-2025 and I want to make sure everything checks out. According to the transcript, my AGI shows as $22,895.00 with self employment taxable income of $22,757.00. I'm filing as Head of Household with 4 exemptions, and my taxable income shows as $0.00. My total self employment tax is $3,329.00. Here are the specific transaction codes I'm seeing on my transcript: - Code 150 showing $3,329.00 on 02-24-2025 (cycle 20250605) - Code 766 showing a credit of -$2,909.00 dated 04-15-2025 - Code 768 for earned income credit of -$7,830.00 dated 04-15-2025 The total refund amount showing is -$7,410.00, with no accrued interest or penalties as of Feb. 24, 2025. My return due date is April 15, 2025, and the processing date shows as Feb. 24, 2025. The transcript details include: ACCOUNT BALANCE: -7,410.00 ACCRUED INTEREST: 0.00 AS OF Feb. 24, 2025 ACCRUED PENALTY: 0.00 AS OF Feb. 24, 2025 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): -7,410.00 Just want to make sure everything is processing correctly before I get my hopes up about this $7,410 refund. The transcript is from a request dated 02-07-2025 with a response the same day. Does all of this look right, especially with my self-employment income and the earned income credit? This is my first year being fully self-employed and I'm not sure if these numbers make sense together.

Ugh wish my transcript was this clean. Been waiting 6 months with a 570 code 🤮

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Lara Woods

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same boat here... verification hell is the worst

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Adrian Hughes

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Your self employment tax seems right based on the income. I've been self employed for 10 years - protip: track EVERYTHING for deductions next year!

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Lucas Turner

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any app recommendations for tracking? im so bad at keeping receipts 😭

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Adrian Hughes

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I use Quickbooks Self Employed. Worth every penny for the peace of mind

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Adriana Cohn

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I'd pull your transcripts asap. You can get them online at irs.gov if you make an account. That way youll know exactly whats up instead of playing the guessing game

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Libby Hassan

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tried that but the verification process is giving me a headache 😫

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Adriana Cohn

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ya its a pain. try using id.me, its easier than the irs site usually

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Jace Caspullo

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idk who told u this but seems like they might be trying to scam you. The IRS always sends notices directly if theres an issue

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Libby Hassan

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it was actually my tax preparer from last year 😬

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