Menu Close

What is a tax topic?

What is a tax topic?

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.

Does tax Topic 203 mean I’m getting my refund?

IRS Tax Topic 203 explains refund offsets, and the Department of Treasury’s Bureau of the Fiscal Service (BFS), which issues IRS tax refunds, has been authorized by Congress to conduct the Treasury Offset Program. If your client’s refund has been offset, it may be have been reduced by BFS to pay: Past-due child support.

What does it mean when you have no tax topic?

It simply means that your e-filed return is being processed and that the government hasn’t approved or rejected it yet. Sometimes return status does not update for several days or even longer.

Does tax Topic 152 mean I will get my refund soon?

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.

How do I check the status of my economic impact payment?

Eligible individuals can visit IRS.gov and use the Get My Payment tool to find out the status of their Economic Impact Payment. This tool will show if a payment has been issued and whether the payment was direct deposited or sent by mail.

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 the difference between tax Topic 151 and 203?

203 still means partial refund 151 is when they take your whole refund.

What does it mean when you get tax Topic 203?

@poohbear6989 Tax Topic 203, is a reduced refund. You may have a refund offset, or you may have selected the Refund Processing Service (also called pay-with-your-refund) gives you the option to deduct your TurboTax fees from your federal tax refund.

Why did my tax topic disappear?

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.

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. Once that part’s done, the government approves your refund, which means it’s ready to be deposited or sent. …

Is the IRS sending emails about third stimulus check?

Scammers are sending fake e-mails about third stimulus checks to try to steal personal or financial information, according to the Federal Trade Commission. It’s a type of government impersonator scam in which criminals are pretending to be from the IRS.