How to Interpret Codes in an IRS Account Transcript | Sapling
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How to Interpret Codes in an IRS Account Transcript | Sapling
The three-digit IRS account transcript codes indicate every action the IRS takes while filing a tax return. All codes can be found in the IRS Transaction Codes Pocket Guide, if you need more information. For example, seeing code 150 means that you filed your return and had a tax liability assessed.
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22K views · 144 reactions | In many service jobs, tips are a big part of the paycheck. For 2025, the #IRS has new rules that may let some workers deduct a portion of those tips, up to $25,000. It’s worth checking your records and W-2. Learn more: www.irs.gov/obbb | IRS | Facebook
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