What Is Irs Reference Number 1242. Web irfof code 1242 suggests your return has been processed, and the refund held for possible audit. I havnt gotten a letter yet.
What Does Reference Number 1242 For The Irs DTAXC
The review is in order to verify certain line. Web irs reference number 1242 is a code the irs uses to notify you that your return has been selected for review. The selection process for code 1242 reviews is supposed to be random. Tax topic 151 means your return is under review. The selection process for code 1242 reviews is. Web as stated in an prior post in this thread the 1242 means they are going to need something from you like proof of a birth certificate on a dependent or foster care papers etc. Web irs reference number 1242 indicates a discrepancy and the account is frozen pending review of supporting documentation from the taxpayer or third parties. Your return will remain frozen in the irs’s system until the review process is complete. Web the 1242 code suggests the return was selected for examination. Web irs reference number 1242 is the code used by the irs to notify you that your return has been selected for review.
Web the 1242 means they are going to need something from you like proof of a birth certificate on a dependent or foster care papers etc. Web the 1242 means they are going to need something from you like proof of a birth certificate on a dependent or foster care papers etc. What does it mean when it says to use reference number 1242 when u call. Im hoping this can be fixed because i dont owe anything never have i believe its because i claimed my two foster children for the first time. Web the 1242 code suggests the return was selected for examination. But my wheres my refund says to call the phone number and use reference number 1242. So while this does create a sense of panic, don’t get overly stressed as the irs routinely reviews tax returns for errors and potential fraud. Web irfof code 1242 suggests your return has been processed, and the refund held for possible audit. Web according to the irs manual, code 1242 essentially means, your return was received but is frozen (from any further actions) and under review. The selection process for code 1242 reviews is supposed to be random. Iv called over and over and no where did anyone ask for a reference number or anything to the sort.