Is tax topic 152 good.

Tax Topic 152 addresses the question of delayed income tax returns. In addition to publishing a tax topic on the subject of delayed returns, the “Where’s My Refund” tool …

Is tax topic 152 good. Things To Know About Is tax topic 152 good.

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 ...Bars and 152 topic disappeared. I filed on February 6,2022 and was accepted within 24hrs and when I check my state I get this message “Your tax return is still being processed. A refund. date will be provided when available. For more. our Refund Frequently Asked Questions. more than once a day.”.The Tax Topic 152. The reference to tax topic 152 in this message suggests that the tax return’s processing was temporarily delayed and that the IRS most likely won’t require any action on your part to resume it. The IRS uses tax topics to provide taxpayers with additional information about their filing and processing procedures. These ...Mar 1, 2022 · Is it good or bad? Tax topics are based on IRS tax system codes related to the processing and reporting of individual and business tax returns. They provide insight into why tax returns are still ... Level 3. Topic 152 always shows up when your return is accepted and you get your first bar. It is just tax refund info. Topic 203 is the bad one that means an offset meaning they are taking all or part of your return. 152 is generic info and nothing to worry about. June 3, 2019 4:28 PM.

Tax topic 152 is a generic tax code indicating that the IRS is currently processing your tax refund. The IRS indicates that they try to process 90% of all tax refunds within their standard turnaround time of 21 days or less. However, there’s a 10% chance that the IRS may need more than 21 days to process your refund.Generally, you report any portion of a scholarship, a fellowship grant, or other grant that you must include in gross income as follows: If filing Form 1040 or Form 1040-SR, include the taxable portion in the total amount reported on Line 1a of your tax return. If the taxable amount wasn't reported on Form W-2, enter it on Line 8 (attach ...Topic No. 152 is an IRS resource that outlines possible reasons for tax return delays. On the IRS ’s webpage for Topic No. 152, the agency says that it issues nine out of 10 tax...

Tax Topic 152 also is just a general notification/message confirming this. Your refund can remain in the status for a while if it is complex or the IRS feels further information is needed. The IRS is however saying it processes most returns in 21 days if your return is not flagged for further review.The tax transcript cycle code means your return has been submitted to the IRS master file (IMF) and generally means that your filed tax return is under processing by the IRS. But remember the cycle code + tax topic code, need to be used together to figure your return or refund status given they change during the IRS processing cycle.

If you’re a homeowner, one of the expenses that you have to pay on a regular basis is your property taxes. A tax appraisal influences the amount of your property taxes. Here’s what...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 ... The IRS publishes answers to many common tax-related questions. Tax Topic 152 addresses the question of delayed income tax returns. In addition to publishing a tax topic on the subject of delayed returns, the “Where’s My Refund” tool allows filers to check the status of their refund, as little as 24 hours after filing their return. Jul 1, 2021 ... Tax refund status delays are out of control and still "processing." Calling for a refund update appears pointless as it is mostly automated ...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 ...

When Should I be Concerned after Reading Tax Topic 152? If the Tax subject turns to 151, it indicates that your return is being audited. While audits are frightening, they are done at several levels, and for most people, an audit simply means that an IRS agent will hand verify your return and give you a letter with errors, modifications, or a payment request.

2023-10-05 by Alex Fdez. Many people received IRS tax topic 152 on their 2021 or 2022 transcript. If it has appeared, there is no need to panic, and if it has disappeared from …

Tax Topic 152 Good or Bad 2022; Texas A&M Acceptance Rate in 2022 – 2023; Easiest Branch of Military to Get Into; How Much Youtube Pays for 1 Million Subscribers? Gravity Velocity Equations for Falling Objects; Is CPD Certification Recognised in USA? Best Paying Jobs in Major Pharmaceuticals; How to Transfer Sweatcoin Money to Paypal and …Topic No. 152 is an IRS resource that outlines possible reasons for tax return delays. On the IRS ’s webpage for Topic No. 152, the agency says that it issues nine out of 10 tax refunds in less ...March 9, 2021 9:52 AM. Tax Topic 152: We (possibly made an error) that will need a further look. They (IRS employees) usually fixed the errors within 10-14 days (after their 21 days period....,then additional 14 days). After then call them for more information. (If you did not already received a letter yet in the mail). March 9, 2021 10:17 AM ...May 8, 2021 · What is IRS Tax Topic 152. IRS Tax Topic 152 – Refund Information. If your IRS Refund Status changes to Tax Topic 152, it typically means that you can expect your tax refund within 21 days of acceptance. If it takes any longer, please contact the IRS. Refund Timing. The IRS issues more than 9 out of 10 refunds in the normal time frame: less ... Tax topic 152 refers to your refund information. Once the IRS has received your return, they can sometimes post this code notifying you of the usual 21-day timing that it could take to receive it. Please refer to the following IRS article. TaxTopic152. Here is another article that will provide more information on refund timing.News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in processing - everything. Don't post questions related to that here, please.

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 ...An unofficial, civil, and helpful community to discuss filing your taxes with Intuit TurboTax. “Your tax return is still being processed”. Helpful information. I just got off the phone with the IRS, the lady was very kind and gave me all the information we need (people with this message) the reason we are getting this message is because 9/ ...The first Tax Topic 151 letter is essentially a courtesy notification from the IRS. It serves as an initial alert that the IRS is in the process of reviewing your tax return. It's important to note that this letter is not an audit notification. Instead, it informs you that your tax refund may be affected due to any outstanding debts you owe, or ...KittyM. Level 2. Tax Topic 152 means that the IRS needs additional time to process your return and issue a refund. This means there is a delay in your refund, but no reason you would not receive it. If you are receiving the Earned Income Tax Credit or the Child Tax Credit, the IRS expects the earliest refunds with these credits to be available ...Topic 152 is a general reference code that some taxpayers may encounter while attempting to utilize the IRS refund status service. Tax Topic 152 doesn’t demand further actions from the taxpayer, unlike other codes that a taxpayer could run upon. The IRS reports that 9 out of 10 tax refunds are handled in the typical amount of time, less …

When Should I be Concerned after Reading Tax Topic 152? If the Tax subject turns to 151, it indicates that your return is being audited. While audits are frightening, they are done at several levels, and for most people, an audit simply means that an IRS agent will hand verify your return and give you a letter with errors, modifications, or a payment request.

Tax topic 152 refers to your refund information. Once the IRS has received your return, they can sometimes post this code notifying you of the usual 21-day timing that it could take to receive it. Please refer to the following IRS article. TaxTopic152. Here is another article that will provide more information on refund timing.Tax topic 152 is a generic tax code indicating that the IRS is currently processing your tax refund. The IRS indicates that they try to process 90% of all tax refunds within their standard turnaround time of 21 days or less. However, there’s a 10% chance that the IRS may need more than 21 days to process your refund.It is actually a good thing that you have this topic 152. This is about what kind of method you want to get your ... When you receive tax topic 152 and its a general topic but if you said you want your refund sent by check dors this means if someone has your information they could change it and receive another way say credit or debit card …Topic 152 is a generic reference code that some taxpayers may see when accessing the IRS refund status tool. Unlike other codes that a taxpayer might encounter, Tax Topic 152 doesn't require any additional steps from the taxpayer. According to the IRS, 9 out of 10 tax refunds are processed in their normal time frame of fewer than 21 days.2023-10-05 by Alex Fdez. Many people received IRS tax topic 152 on their 2021 or 2022 transcript. If it has appeared, there is no need to panic, and if it has disappeared from …Hi Lisa! I filed my taxes with Turbo Tax and My refund was accepted on January 28. With a expected date for February 18. When I checked on wmr the bar was showing refund has been accepted and is being processed with a 152 tax topic. When I went to wmr February 16.Feb 8, 2024 · If the Tax topic code changes to 151, then it means your return is under a potential audit or held for further examination. Now audits, while scary, are done at different levels and for most people an audit just means an IRS agent will check your return manually and send you a letter with discrepancies, adjustments or asking for payment. Mar 2, 2022 · 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 ... Level 3. Here's Tax Topic 152 from the IRS: The IRS issues more than 9 out of 10 refunds in the normal time frame: less than 21 days. However, incomplete or inaccurate tax returns may require further review and could take longer than the normal processing time. IRS representatives can research the status of your return only if:

My wife is a W2 Employee and I'm self employed. WMR updated this morning to approved, with a deposit date of 3/4/24. So... as long as it says the usual "delayed and taking longer that usual" etc with a tax topic of 152, everything is ok and you will get your refund and DD date soon. Hope that helps.

Mar 2, 2022 · 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 ...

15 votes, 56 comments. So I file my taxes everywhere via turbo tax, my refund got approved 02/02/2024. ... Please stop spreading false info to make yourself and others feel good. If it is not approved on WMR, you will not get your money. ... Last year on my WMR it didn't update from the path / 152 topic page until the same day my money was ...This message indicates that the IRS accepted your return and uploaded it to the Individual Master File system. ‘Your tax return is still being processed’ message suggests the IRS has detected an issue that will delay processing beyond the three-week limit. The message doesn’t reveal why processing was delayed.The IRS will never contact you via direct message or email. If you receive a message from someone claiming to be from the IRS, do not respond, and report it to the IRS immediately. Direct messaging is forbidden and bannable on r/IRS. If you have a question or need assistance, please post it in the subreddit so that everyone can benefit from the ...WMR bars, tax topic 152 appears WMR bars disappear, still says tax tax topic 152 3/15/21 Transcript says NA for 2020 I’m in batch 5 for weekly processing. Only thing changed from last year is my address. Never taken this long. I had to claim stimulus rebate. I’m a healthcare worker barely making ends meet in Florida. People need this money ...What is Tax Topic 152? This is only my third year having to file taxes so I am not to experienced with doing them. I filed them through TurboTax on the 6th and it was accepted the same day. As of today, according to “Where’s my refund” it …The tax transcript cycle code means your return has been submitted to the IRS master file (IMF) and generally means that your filed tax return is under processing by the IRS. But remember the cycle code + tax topic code, need to be used together to figure your return or refund status given they change during the IRS processing cycle.2023-10-05 by Alex Fdez. Many people received IRS tax topic 152 on their 2021 or 2022 transcript. If it has appeared, there is no need to panic, and if it has disappeared from …Decoding Tax Topic 151. Tax Topic 151 is a general notice indicating your return is being looked at for potential errors or mismatches between what you reported versus what the IRS has on record. Some common reasons for a 151 review include: You claimed deductions or credits you didn’t qualify for based on your income.

Tax Topic 152 Good or Bad 2022; Texas A&M Acceptance Rate in 2022 – 2023; Easiest Branch of Military to Get Into; How Much Youtube Pays for 1 Million Subscribers? Gravity Velocity Equations for Falling Objects; Is CPD Certification Recognised in USA? Best Paying Jobs in Major Pharmaceuticals; How to Transfer Sweatcoin Money to Paypal and …About Tax Topic 152. It’s a generic term that just attempts to inform a user who has requested a refund that one is on the way, albeit it doesn’t specify when the refund will be issued. In general, refund information under Tax Topic 152 refers to the refund of a tax statement. Is Tax Topic an excellent choice.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 ...Tax Topic 152 is an IRS general topic with refund information. Please click here to review the topic. The IRS issues more than 9 out of 10 refunds in the normal time frame: less than 21 days. However, it’s possible that some tax returns may require further review and could take longer.Instagram:https://instagram. michigan elk guidesmychart optum redlandsjoe concha family photosroblox avatar loader Reasons why a tax return may take a long time to be processed. There are different reasons why a tax return may take a little longer to process and cause it to be referred to as Tax Topic 152. The most common reasons we come across for this will be: Making an injured spouse claim.Feb 17, 2024 · The reference to Tax Topic 152 in the WMR/IRS2Go status box is a general or informational link to their standard refund processing timeline and potential causes of delays. It is basically the IRS telling you to stay patient and hold on until they finish processing. food lion greensboro nc weekly specialsdora the explorer ballet adventure dvd Tax Topic 203 upvotes · comments. r/NPR. r/NPR. For all fans of public radio, this is a community designed to showcase really good radio stories -- and the people who make them. All public radio fans welcome. Members Online 'Nother stupid NPR guest given free pass to lie like hell. ... Tax topic 152 upvotes ... who is big meech son It is a routine review. It could be related to any credits being claimed. To check if more details are available, create or log in to your account to check for any IRS messages: IRS View Your Tax Account. The IRS only provides this, which a general overview: Topic No. 152 Refund Information. @Pr3tty.The US federal rate for investments held at least one year tops out at 20%, well below the top marginal rate of 37% on wages and salaries. (Investments held for a year or less are …