FOLLOW THE MONEY
This Transaction code represents a computer generated refund.
What is Transaction Code 846?
This action was taken because there is a Transaction Code 971 with a definer 011.
What is a CHKCL (Trace) done by a TE.
A returned or cancelled refund is identified by this Transaction Code
What is TC 841?
I used this IAT Tool to release an S- Freeze
What is the Reissue Refund Tool. (AKA CHK64)
Transaction Code 776 shows extra money on this account for this reason.
What is Interest?
I need to let the Taxpayer know what day the check was mailed out in their letter. I'll use this Transaction Code to find the correct date.
What is the TC 971-CD>696?
I know there must have been an additional return sent in for this Tax Period because of this Transaction Code
The Taxpayer said they did not receive a refund check that was mailed 4 months ago, so I used this IAT Tool to trace it.
What is the Missing Refund tool?
Taxpayer says they were due a refund for this Tax Period, but the money amount matches this 836 which represents this.
What is a Credit Elect.
Taxpayer says their refund was mailed months ago. There is a TC 740 matching the money amount indicating this.
What is an Undeliverable refund?
I noticed the Taxpayer probably has representation on file by this TC code
What is TC 960
We use this IAT Tool to release a P- Freeze.
What is the REQ54 tool?
We use this Transaction Code to represent a manually issued refund.
What is TC 840?
I had to use the Treasury Check Information System to acquire a cashed check and left a trail using this.
What is REQ77? (971-CD>011 MISC 3)
This -L in the Freeze code section of TXMODA represents this.
What is an Open Examination Indicator (The account has been referred to Examination)
When we trace a refund we send this letter to the Taxpayer.
What is a 206C?
If there is a credit on a tax period with no filing requirement, you'll likely find this freeze code.
What is a -H?
This Transaction code sets a -R freeze to hold a credit from refunding.
This Transaction code releases the -R freeze.
What is a TC 570?
What is a TC 571?
What is a refundable credit?
The taxpayer sent in a Form 3911 but also sent additional correspondence indicating the money should have been a credit elect. This Tool will help me Transfer the money after I trace it.
What is the Credit Transfer Tool?