Tax topic 151 and reference 1242 are important terms related to the IRS’s review and processing of tax returns. Understanding what these terms entail is crucial for taxpayers navigating the complex world of taxes in the United States.
Tax Topic 151 and Reference 1242 are notices the IRS sends when they select your return for additional review and verification. This does not necessarily mean you did anything。
Reference number codes are how the IRS systems classify informational or processing actions, much like tax transcript codes. According to the IRS manual, Code 1242 essentially means, your return was received but is frozen (from any further actions) and under review. So while this does create a。 See more
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