What does still being processed mean with tax Topic 152?
Key Takeaways. You may see the message "Refer to Tax Topic 152" when checking the status of your tax return through the "Where's My Refund?" tool on the IRS website. Topic 152 is a generic reference code notifying you that your return may require further review and could take longer than the typical 21 days.
How long after code 152 will I get my refund?
While the IRS processes most refunds within 21 days, seeing Tax Topic 152 could mean your return needs further review, potentially extending the processing time. The exact timing will vary depending on individual return details.
What does it mean when it says your tax refund is still being processed?
If their refund status changes from “being processed” status to “still being processed” status, the issue detected in the tax forms was likely resolved and the refund may be released when it is approved for a future cycle date.
What does still being processed mean Turbotax?
“ “We have received your tax return and it is being processed. If you filed a complete and accurate tax return, your refund should be issued within 21 days of the received date. However, processing may take longer under certain circ*mstances.
Is being processed tax topic 152 good or bad?
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.
Does tax topic 152 mean I will get my refund soon?
One of the most common is Tax Topic 152, indicating you're likely getting a refund but it hasn't been approved or sent yet. The notice simply links out to an informational topic page on the IRS FAQ website explaining the types and timing of tax refunds.
Is still being processed good?
It means your return is being processed. and you have nothing to worry about for now. If you have been waiting for longer than 21 days after your return has been accepted then you can contact the IRS to check the status of your return.
Should I be worried if my refund is still being processed?
If your refund details state that it's still processing, you can check your tax return to see if you catch any errors. If your refund status instructs you to contact the IRS, you can speak to an agent to get clarification by calling 1-800-829-1040.
Does still being processed mean approved?
Return Received – The IRS has received your return and it's being processed. Refund Approved – They've processed your return and your refund has been approved. It will also provide an actual refund date. Refund Sent – Your refund has been sent to your bank for direct deposit or a paper check has been mailed.
Is tax topic 152 normal?
Tax Topic 152 means the IRS is processing your refund. That's all it means. The IRS has received your tax refund, and the agency is processing it. For some reason, processing is taking longer than usual, but unfortunately, this Tax Topic doesn't explain why processing is taking so long.
What does it mean when the IRS says your tax return is still being processed a refund date will be provided when available for more information about processing delays?
It means your tax return is still being processed and a refund date will be provided when available. Processing can be a lengthy process and can be interrupted by technical issues. Wait it out no matter how inconvenient or annoying, you cannot do anything to speed up the process.
Why is my tax refund still being processed after 45 days?
The IRS often can correct math errors without involving taxpayers, so those refunds might be delayed just a few weeks. If there are concerns about possible identity theft, taxpayers could wait more than a year, according to the IRS.
Does still being processed mean audit?
If my refund on the IRS website says still processing does it mean I will be audited? There's absolutely no reason to necessarily think that you're under review or that an audit is pending, so please don't worry. The "processing" message you see is perfectly normal. In fact, the messages and bars on the IRS.
How do I know if my tax return has been flagged?
Taxpayers whose tax returns have been flagged for possible IDT should receive one of the following letters: Letter 5071C, Potential Identity Theft during Original Processing with Online Option – Provides online and phone options and is issued most widely.
What does tax topic 152 mean reddit?
152 is what is the most common tax code people will see. It only means that you are getting a message that you filed a tax return and they estimated a time frame on when you will get your refund. It does not mean anything about chances of being audited or ID verify.
How long does tax topic 151 take to process?
Approximately four weeks after receiving the Tax Topic 151 letter, you can expect a follow-up communication from the IRS called the "Notice of Intent to Offset." In this notification: The IRS will specify the documentation and information it requires from you to complete the processing of your tax return.
How often does IRS refund status update?
Taxpayers should note that the IRS updates the tool once a day, usually overnight, so there's no need to check more often. The IRS reminds taxpayers that the fastest way to get a refund is by filing electronically and using direct deposit.
What is the Path Act Code 152?
And Tax Topic 152 just means that the IRS has accepted the return and is now processing it. It's a generic message they provide when they are in processing stage of the return, so there's nothing to be alarmed about. Once they are done processing it, the status will update on the Where's My Refund?
How long does it take the IRS to approve your refund?
(updated December 22, 2023) We issue most refunds in less than 21 calendar days. However, if you mailed your return and expect a refund, it could take four weeks or more to process your return.
How long are tax refunds taking in 2024?
How long does a tax return take to process? The IRS says that most refunds are issued within 21 days of being received. The Revenue Service offers the "Where's my Refund" tool where filers can check the status of their returns. The tool updates once a day.
Does still being processed mean delayed?
"Being processed", means the IRS must first process your return and then approve your refund. Even though the IRS issues most refunds in less than 21 days after they receive your tax return, it's possible your tax return may require additional review and take longer.
What does it mean when your application is being processed?
Here's what it generally means when your application is being processed: Gathering and Reviewing Information: During the processing stage, the organization collects and reviews all the information you provided in your application.
Why does my refund status say delayed beyond normal timeframe?
The IRS can delay your tax refund until it completes any audits. This is most common when the IRS is conducting a mail audit on your EITC or ACTC return from a prior year. Normally, you'll receive IRS Letter CP88 indicating that your refund is frozen until the IRS completes the audit.
Why is my refund taking so long?
Why is my refund taking so long? A refund will take longer if you file by mail or don't select direct deposit. In addition, if the return is more complex or corrections are needed, it may slow the process down.
Why is my refund still showing still being processed?
It simply means that the return is being processed. IRS could still request more info before finishing the processing. They could also sent the return out for a review. Keep checking.
