Does tax Topic 152 mean I will get my refund soon?
One of the more common questions refers to Topic 152, and this simply means that you are going to get a refund. The IRS has said in their guidelines that 90% of tax filers should get their refund within 21 days of filing this year, and it’s worth bearing in mind that these are normal days, not ‘business days’.
What does still being processed mean With tax Topic 152?
Your return is still being processed and has yet to be approved or rejected. Unlike other codes, you do not need to take any additional action and does not mean that you made a mistake or did anything improper on your filing.
Why did my Where’s my refund bars disappear?
My WMR status bars have disappeared. Per the IRS, the WMR tracker graphic may disappear or not be shown if your return is still processing (TC 152) or falls under IRS review after it is received (Status Bar 1: Return Received) because additional information is needed for your return.
What does it mean when your refund amount disappeared?
When a return is still processing, it means the IRS is looking over your return. Most of the time refunds arrive within the 21 days, but some are delayed because or refund offsets in which case you will be notified by mail.
Should I be worried about tax Topic 152?
This topic means the tax filer is under an IRS fraud alert and are being subjected to an audit followed by a Identity or fraudulent return review. This is something you will need to work with the IRS for to resolve, who will send a you a formal notice with details on the fraud alert.
What does code 152 mean from the IRS 2021?
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 a few instances, your return status may take a while to be updated.
What time of day does the IRS update refund status?
between midnight and 6 a.m.
Note that the IRS only updates tax return statuses once a day during the week, usually between midnight and 6 a.m. They do not update the status more than once a day, so checking throughout the day will not give you a different result. Should I call the IRS to check my federal tax refund status?
Should I Worry About tax Topic 152?
Does tax Topic 151 mean audit?
Tax Topic 151 means your return is under review. There are numerous reasons the IRS may review your return including but not limited to credit claims such as Earned Income Credit or the Education Credits.
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 Section 152 of the Internal Revenue Code?
Section 152(c)(1) defines a “qualifying child” of a taxpayer as an individual who: (A) bears a certain relationship to the taxpayer, (B) has the same principal place of abode as the taxpayer for more than one-half of the taxable year, (C) meets certain age requirements, and (D) has not provided over one-half of his or …
Why did my tax topic 152 disappear from my transcript?
It’s been a week and and my tax topic 152 disappeared and my transcripts is still not updated filed 1/29 accepted 1/30 The delay is most likely due to an error in calculation on your behalf. I had the exact same thing you just described to a T. Only I was accepted on the 26th.
What does it mean when the 152 topic disappeared?
What does it means when the 152 topic disappeared June 7, 2019 4:14 PM Tax Topic 152 simply means your return is still in the processing stage and topics and bars disappearing mean the process is moving along. The general timeline of e-filed returns is: Transmission > Acceptance > Processing > Approval > Refund.
Where can I find information on IRS tax topic 152?
The IRS’s web page on Tax Topic 152 provides an overview of the subjects mentioned above, but it also features links to pages and forms where you can learn even more. Tax Topic 152 also covers information on how to check the status of your refund.
What is tax topic 152 on WMR?
You will generally see this on WMR/IRS2Go once your return has been received by the IRS and is under processing or delayed for some reason. Tax Topic 152 is more of a catch-all/informational message around your refund processing timeline and potential delays. No additional steps from the tax filer are needed at this point.