Irs code 806 and 766

An IRS Code 766 on their tax transcript is good news. Code 766 is the you have a bank on your your, which might be of result of a refund, an An IRS Cypher 766 on your tax minutes is good news.

Irs code 806 and 766. At USCIS, the Employment Authorization Document is known as Form I-766. The EAD card contains a photograph of the individual authorized to work and may include the individual's fingerprint. A foreign national who has an EAD usually has open-market employment authorization, but there are exceptions. The card (Form I-766) is a valid I-9 ...

IRS Refund information . If your return with a refund claims an Earned Income Credit or Additional Child Tax Credit, it would not have begun processing until at least February 15th. This is part of the PATH Act. If your return contains either of those credits, you can find more information at this IRS website.

CODE 766 and 768 . Does this generally mean that your refund was processed or processing? This thread is archived New comments cannot be posted and votes cannot be cast comment sorted by Best Top New Controversial Q&A PurpleMost8708 • ... See more posts like this in r/IRSCode 290 is for "Additional Tax Assessed.". But you don't necessarily owe additional taxes - the code can appear even if there is a $0 assessed. If the amount is greater than $0, you'll need to call the IRS or wait for a letter in the mail explaining the change to your return. If you agree with the amount due, you should make a payment.If you're not sure which form you filed, look at the top of your transcript, beside the words "Form number." 2. Mark the line numbers you need. Check the blank return to find the lines that include the data you need. Along with the line number will be a description of the data to be entered on that line.A tax transcript is a detailed record of your tax history. It’s kind of like your school transcript but for your personal income taxes instead of your grades. When you request your transcript from the Internal Revenue Service, you can see things like your reported income, payment history, and IRS adjustments to your tax returns.Look at line 24 of your tax form 1040. It should equal the code 150 amount. It is your total tax. Reply United-Ad-2757 ...

At CallerSmart we see a wide variety of phone scams, and thanks to our vigilant users, we can help spread the word about these scams. Here are the 8 most common phone scams: 1. Free Vacations and Prizes. In 2017, the Federal Trade Commission received over 142,000 reports of this type of fraud, with a total loss of …In upland ca. I have the irs transcripts. I also have 2 766 code on it - Answered by a verified Tax Professional. ... code 768, code 766 and code 806 on 4/15/2019.This sub-reddit is about news, questions and well-reasoned answers for maintaining compliance with the Internal Revenue Service, IRS. Originally started by John Dundon, an Enrolled Agent, who represents people against the IRS, /r/IRS has grown into an excellent portal for quality information from any number of tax professionals, and Reddit contributing members. /r/IRS does not represent the IRS.Code 570 shows up when additional reviews are needed in order to process your return and refund. This code means the processing of your return is on hold until the review is completed. Code 971 shows up when the IRS sends you a notice to provide you with details about an issue regarding your tax return. If you see Code 971 right after Code 570 ...Any IRS Cipher 766 on your tax transcript is good news. Code 766 means that you have a credit on is account, welche might be the result von a rebate, and. An IRS Code 766 on your taxi transcript is good news. Code 766 means that you have a credit with your account, which might be the result of a refund, an ...

Top. Brilliant-Hope6316 • 3 yr. ago. **update** spoke to IRS, they said the code 767 just lets them know a refund was returned but has not been received by the IRS, therefore they can not reissue a refund until it has been placed in our account by the US Treasury. US Treasury confirmed refund was received yesterday 02/04/2021, it will take ...If the ZIP Code and/or county is located under the -O freeze the CSR refer to IRM 21.5.6.4.30, -O Freeze, for more information on inputting the Transaction Code (TC) 971 Action Code (AC) 087. If the ZIP Code and/or county is located under the -S freeze, input the TC 971 AC 688. For input of the TC 971 AC 688:Free tax assistance for those on limited sales and those pass 60. Get free control customer. Find out concerning the last virtual events to taxpayers additionally tax professionals stylish a city near you. Find adenine local event.Area Code 806; Prefix 806-766; Thousands digits 0xxx; Phone Numbers; Type in any phone number below to identify the owner! Phone. Search Form Search. Example: 555-555-5555. 806-766-0933. Rush Elementary School 4702 15th Street Lubbock, TX 79416 . ... 806-766-0443. Name and Address Available.When you see the IRS code 846 (refund of overpayment) on your transcript it means a refund has been issued. This is when you can use the cycle code to get an estimated payment date for your refund. ... Just from my vast research online lol, the 766 and 768 code are credits on your account and those amounts should add up to your …

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w2 form explained ? irs tax refund ? form 1099 ? code 150 on irs transcript 2022 ? code 152 irs ? irs tax code ? irs tax transcript ? w-2 form ? how to read ...Get more indepth details about the topic Code 766 On IRS Transcript 2022 : Code 766 with a date and amount is for a credit that is allowed. If OTN is next to it, however, that stands for Offset Trace Number. Code 570 is for an additional liability pending and/or credit hold.Debunking the IRS Code 806 According to the IRS, Code 806 indicates a credit created through the federal and FICA tax payments to the IRS in the last twelve months. The tax account transcript has five sections, but only four sections are important for understanding the IRS Code 806.What is the IRS Code 806 and 766? Code 806 is simply an acknowledgement that your electronically filed tax return was received. Code 766 indicates a credit to your account (generally, a refund - but it can be a credit toward taxes in a prior year, if you have those). Code 768 indicates an earned income credit amount.

IRS Code 766 and 846 are two separate codes that are related to taxes. Code 766 pertains to tax-exempt organizations, while Code 846 pertains to taxes on foreign partnerships. Code 766 requires tax-exempt organizations to file an annual return with the Internal Revenue Service (IRS). This return includes information about income, expenses, and ...The meaning of having an IRS code 766 credit on your account is that you are eligible to receive a tax credit, which is good news. When you see there is a 766 code on tax …Tax form for the applicable Master File Tax (MFT) Code, tax period, and payment date. Any additional pertinent information the taxpayer may provide. ... 806: 802: 800: 48: Transfer a computer-generated posted withholding taxes. Use the TC 806 payment date on TC 802 and TC 800. 821: 820: 700: 24:A Section 1035 Exchange is an IRS code that permits a tax-free swap of an existing annuity or life insurance policy for a new one. The IRS only grants tax-free exchanges if the owner, annuitant and insured individual are identical on both t...w2 form explained ? irs tax refund ? form 1099 ? code 150 on irs transcript 2022 ? code 152 irs ? irs tax code ? irs tax transcript ? w-2 form ? how to read ...The Meaning of IRS Code 826 on a Tax Account Transcript. Understanding what IRS Code 826 might mean on a tax account transcript isn't difficult. This TC indicates that the IRS used a tax refund to settle a tax debt. The code also reveals if the tax debt was accrued during the current or previous tax years. Code 826 usually denotes W2, 1040 ...806. vaginal delivery w/o sterilization/d&c w cc. deleted, mapped. 775. vaginal delivery w/o complicating diagnoses. 807. vaginal delivery w/o sterilization/d&c w/o cc/mcc. deleted, mapped. 781. other antepartum diagnoses w medical complications. 817. other antepartum diagnoses w o.r. procedure w mcc. 818. other antepartum diagnoses w o.r ...What do codes 806 and 766 and 768 and 570 mean? Community Discussions Taxes Business & farm Oct 16 is the IRS deadline –file confidently with expert help. File Now Cormanya New Member What if you have code 766 with a date and a amount and then have code 570 with no date and no amount April 9, 2021 7:48 AM 0 Reply Bookmark Icon KathrynG3

Contact the BFS's Treasury Offset Program (TOP) call center at 800-304-3107 or TDD 866-297-0517, Monday through Friday 7:30 a.m. to 5 p.m. CST. Contact the IRS only if your original refund amount shown on the BFS offset notice differs from the refund amount shown on your tax return.

Content Summary. 1 1.Re: What do codes 806 and 766 and 768 and 570 mean? - Page 3; 2 2.IRS Tax Code 806, What Does Code 806 Mean On IRS Transcript …; 3 3.TAX TRANSCRIPT CODE 806: EXPLAINED - YouTube; 4 4.IRS Code 806, What The Code 806 Means On IRS Tax Transcript …; 5 5.What does IRS code 806 mean, and why does it have a future date?; 6 6.What Your IRS Transcript Can Tell You About ...The reason why 4/15/19 is used is because a lot of statute of limitation and tax calculations are based on that tax return due date. Therefore, if the IRS starts to use like 2/3/19 or other dates such as 3/19/19 as the return due date or process dates, all the tax laws and numbers' calculation would be wrong.844 Area Code along with 6 other codes 800, 833, 855, 866, 877, and 888 are used for toll free calling across the United States. These numbers are usually used throughout North America. The other toll free area codes are used across the other Caribbean regions like. Bahamas — 800-389. Barbados — 800-534.Code 806 acknowledges your electronic filing. Code 766 means credit to your account. For additional questions, you would need to contact the IRS. Please see How do I contact the Internal Revenue Service (IRS)? for their contact information.title i: construction of statutes: ch.1-2: title ii: state organization: ch.6-8: title iii: legislative branch; commissions: ch.10-11: title iv: executive branchThe IRS codes 570 and 971 appear on your tax transcript to inform you about the status of your tax returns being processed, if there will be any potential delays, and if there will be changes to the tax refund amount. IRS code 570 indicates a hold on your account that is preventing your tax refund from being processed. A comprehensive Federal, State & International tax resource that you can trust to provide you with answers to your most important tax questions.Tax Code 768 on an IRS Transcript means the return is received, entered into the IRS master file, and is under process within the system. IRS code 768 posts the Earned Income Credit which is generated from information received from Code and Edit. Be aware, that your return may be delayed if you claim this credit.Contact the BFS's Treasury Offset Program (TOP) call center at 800-304-3107 or TDD 866-297-0517, Monday through Friday 7:30 a.m. to 5 p.m. CST. Contact the IRS only if your original refund amount shown on the BFS offset notice differs from the refund amount shown on your tax return.Feb 17, 2014 · The 806 code is the withholding from your W-2 and 1099s. This should have been the $37xx. The 826 code is the amount of your refund that was seized for prior tax due, or for state taxes, child support, or anything else that the IRS will offset refunds with. The 971 code means that a letter was sent to you to explain the offset.

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The 766 IRS code refers to the specific form that taxpayers use to claim an overpayment of taxes. It is officially known as Form 766 and is used to request a refund or apply an overpayment to the following year's tax liability. Essentially, it is a tool provided by the IRS to rectify any excess tax paid by an individual or business entity. ...This guide will show you all the information you need about this code. IRS Code 977 identifies an input return containing Condition Code G (Amended) or an IMF 1040X, identified by Block number 200-299. According to the pocket guide, IRS code 9777 refers to a Posted Amended Return, Posted Consolidated Generated Amended, Late Reply or DOL Referral.Most people will see codes 150, 806, 766 and 768 on their tax transcript (see examples below) during and after the PATH freeze. These are just standard transcript …A TC 424 code could show up indicating Further Examination. A TC 424 code is an examination request which means the tax return has been forwarded to the examinations department for further review. Once the examination department accepts the tax return for a full audit, the 424 code becomes a 420 code meaning a full examination of the tax return.What do codes 806 and 766 and 768 and 570 mean? Community Discussions Taxes Business & farm Oct 16 is the IRS deadline –file confidently with expert help. File Now Cormanya New Member What if you have code 766 with a date and a amount and then have code 570 with no date and no amount April 9, 2021 7:48 AM 0 Reply Bookmark Icon KathrynG3 Browse area code 806 phone numbers, prefixes and exchanges. The 806 area code serves Amarillo, Lubbock, Dalhart, Spur, Tulia, covering 109 ZIP codes in 43 counties. MenuNov 10, 2022 · A tax transcript is a detailed record of your tax history. It’s kind of like your school transcript but for your personal income taxes instead of your grades. When you request your transcript from the Internal Revenue Service, you can see things like your reported income, payment history, and IRS adjustments to your tax returns. 420 IRS Audit Code. 480-XXX All 480 codes are OIC Offer in Compromise codes. 520 Offer in Compromise, which stops collections. 520-XXX Pending litigation transaction codes bankruptcy, due process, pending litigation. 608 IRS Statute of limitation has run code; if the statute has not run yet, look for the CSED date because it runs from the ...What do codes 806 and 766 and 768 and 570 mean? Subscribe to RSS Feed Report Inappropriate Content The 4/15 date is standard for the IRS when a credit on a return is posted to an account. A credit will generally be posted the due date of the return - even though this year's return due date isn't 4/15, the IRS appears to be using it, anyway.An IRS Code 766 on your tax transcription belongs nice news. User 766 means the you have a credit on your account, whose might be the final of a refund, an An IRS Code 766 on your tax transcript is nice report.TC 806 – Reflects any credit the taxpayer is given for tax withheld, as shown on the tax return and the taxpayer’s information statements such as Forms W-2 and 1099 attached to the taxpayer’s tax return; TC 810 – Refund Freeze; TC 811 – Refund Release; TC 820 – Refund used to offset prior IRS DebtCode 766 Reversal of refund applied to non-IRS debt Generated Refundable Credit Allowance or IRS TOP Offset Reversal w/OTN. Code 766 Tax rebate Generated Refundable Credit Allowance or IRS TOP Offset Reversal w/OTN; ... I ordered my transcript today and have the following codes 150 04-14 $0.00 806 04-15 -$1976.00 766 ... ….

Treasury Regulations—commonly referred to as Federal tax regulations—provide the official interpretation of the IRC by the U.S. Department of the Treasury and give directions to taxpayers on how to comply with the IRC's requirements. Treasury Regulation sections can be found in Title 26 of the Code of Federal …Purple (top one)= Code 806= This is all of your Federal witholding you had on your taxes. To calculate your refund (if you don't want to go by the amount in teal) Add the 3 purple lines (you might only have 1 2 or all 3 lines) Then minus the blue line =your tax refund Here is a few common codes: Code 570- Hold Code Having NA on your transcripts ...My current irs transcript shows codes 846 and 766. I've looked up the definitions but what are the meanings ... Code 766 refers to a tax credit that was taken on your return. ‎June 6, 2019 12:30 AM. 0 ... @aceras2 did you ever get an answer? i have the same code along with 806 on mine and i see the explanations but still have no clue what ...An TAX Code 766 on your tax transcript is good news. User 766 means that yourself have one credit in your account, which might be the result of a refund, an. On IRS Code 766 on your tax transcript is good news. Codes 766 means that she have a credit on your user, which might been the result on a refund, somebodyCode 806 is simply an acknowledgement that your electronically filed tax return was received. Code 766 indicates a credit to your account (generally, a refund - but it can be a credit toward taxes in a prior year, if you have those). Code 768 indicates an earned income credit amount.Code 766 with a date and amount is for a credit that is allowed Code 766 On IRS Transcript 2022 : What does code 766 and 768 mean on IRS transcript?" /> Seminarsonly.com Technology Topics, Latest Games News, Daily TV News. Home; Advertise with Us; NCVT ITI Result; Realme X7 Max 5G ...Many individuals may non how person can request, receive, and review their trigger records via a tax transcript from the IRS at no charge. Part I explained wie copy are often used to validate incoming and tax filing status for mortgage applications, student loans, social services, and small business credit applications and fork responding go an IRS notice, filing an edited return, or obtaining ...The IRS code 768 is a transaction code that can be found on your tax transcript indicating the tax refund amount you will be receiving due to the Earned Income Tax Credit. Tax refunds are issued when a person overpaid their taxes throughout the year, such as when an employer withholds too much in taxes. If someone is eligible to receive a tax ...420 IRS Audit Code. 480-XXX All 480 codes are OIC Offer in Compromise codes. 520 Offer in Compromise, which stops collections. 520-XXX Pending litigation transaction codes bankruptcy, due process, pending litigation. 608 IRS Statute of limitation has run code; if the statute has not run yet, look for the CSED date because it runs from the ...The IRS cycle code is an eight-digit number that you can find on your online tax transcript once your return has been posted to the IRS Master File. If you see a cycle code along with transaction code 150, you'll know that your tax return is being processed. You can use your cycle code along with the transaction codes on your transcript to ... Irs code 806 and 766, Code 766 Tax relief credit Generated Refundable Credit Allowance or IRS TOP Offset Reversal w/OTN; Code 768 Earned Income Credit; Code 971 Miscellaneous Transaction; ... I ordered my transcript today and have the following codes 150 04-14 $0.00 806 04-15 -$1976.00 766 ..., Mar 7, 2023 · 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. , Those are handled by the Texas Department of Motor Vehicles through your local County Tax offices. Please be advised, at this time TPWD offices are unable to accept credit cards for all boat and outboard motor transactions. Office Hours. Monday through Friday, 8:00 a.m. to 5:00 p.m. unless otherwise indicated. Toll Free Phone (800) 262-8755 ..., Processing date: February 24, 2020 Code 150 cycle date: 20200605. Your return is done. date: 02/24/20 Code 806 w-2 or 1099 04/15/20 $-961. Your federal tax withheld from all sources is $961. Code 766 credit to your account 04/15/20 $ -4200. Three children ACTC. Code 424 examination request 01/30/20. $0.00. Your return was selected for exam. , Code 766 with a date and amount is for a credit that is allowed Code 766 On IRS Transcript 2022 : What does code 766 and 768 mean on IRS transcript?" /> Seminarsonly.com Technology Topics, Latest Games News, Daily TV News. Home; Advertise with Us; NCVT ITI Result; Realme X7 Max 5G ..., Regardless of your tax liability, credits, etc., Code 150 is used to signify filing of the return by the individual or quick assessment in most cases. However, if Code 150 states that Substitute Return Prepared by the IRS, it will mean you will pay the penalty for not filing a return in the last 12 months or more. , Code 806 is simply an acknowledgement that your electronically filed tax return was received. Code 766 indicates a credit to your account (generally, a refund - but it can be a credit toward taxes in a prior year, if you have those). Code 768 indicates an earned income credit amount. The dates on the transcript indicate the date those credits ..., An example of an IRS transcript cycle code for 2022 would be 20220502. First 4 digits - The first four digits denote the current tax year. Therefore, the tax processing year in this example is 2022. Digits 5 and 6 - The fifth and sixth digits represent a specific week in the tax processing year. In this example, the tax year (2022) is ..., Code 806 is simply an acknowledgement that your electronically filed tax return was received. Code 766 indicates a credit to your ... Code 768 indicates an earned income credit amount. What is code 766 and 768 for the IRS? Code 806 acknowledges your electronic filing. Code 766 acknowledges you submitted your return. Code 768 posts earned …, A tax transcript cycle code is an eight-digit code that can be found on your account transcripts. There is a way that the code is set up that tells you information. The cycle code represents the day that your account was posted to the IRS Master File. If you are able to see a cycle code on your tax transcript, then this means that your return ..., Editor's Note: Sec. 72(t)(2)(M), below, after being added Pub. L. 117-328, Div. T, Sec. 331(a)(1), is applicable to distributions with respect to disasters the incident period (as defined in section 72(t)(11)(F)(ii) of the Internal Revenue Code of 1986, as added by this subsection) for which begins on or after the date which is 30 days after ..., A IRS Code 766 on your pay transcript can health news. Code 766 means that you have ampere credit go your account, what might be the final of a refund, an. An IRS Code 766 off your pay transcript is virtuous latest. Code 766 means that you have a credit on thine bank, which kraft becoming the result von a refund, the, Code 806: $4,995 in tax was withheld during 2010 from W2s or 1099s. Code 766: The taxpayer made a payment of $800 on 4/15/11. Codes 170, 276, 196: These 3 fees are for non-payment of the $22,155 owed. Code 971: On 5/30/11 the IRS sent Form CP0014, Notice of taxes owed – this is just a summary of what is owed , २०२३ अप्रिल १७ ... A 766 IRS Code on your account indicates that you have received an IRS credit on your account. A credit on your account means you have a dollar- ..., IRS Transaction Code Definitions Column 1 = IRS Transaction Code Column 2 = Transaction Description from IRS Account Transcript. Examples from over 250,000 …, The meaning of IRS code 150. If you have received “Code 150 on IRS transcript in 2022” it means that the IRS has processed your tax return and determined your tax liability.According to the U.S. Internal Revenue Service, tax code 150 can mean two things. The first is that there is a tax return filed code 150 and tax liability assessed, and …, I am missing $1,100 from stimulus payments. The amount shown next to code 846 is my tax refund amount minus the $1,100 I am missing from the stimulus payments. I also have code 766 credit to your account with the amount of $1,100, which is the same amount that my tax refund was reduced by and the same amount that I am missing in stimulus funds., An IRS Code 766 switch your tax minutes the good news. Code 766 means is you have ampere credit on your account, which might be this result of a refund, an An IRS Code 766 on to tax transcript is good news., Visit the IRS contact page to get help using online tools and resources. Or: Call 1-800-829-1040, 7 AM - 7 PM ET Monday through Friday local time to speak to a representative about an individual tax return. The wait times to speak with a representative may be long. This option works best for less complex questions., I have been look a lot of worrying comments from reading around tax transaction and question codes i are seeing on the IRS Where is My Refund (WMR) website, the IRS2Go mobile user either on their (free) IRS transcript. ... 151, 152, 203, 420, 421, 570, 806, 810, 846, 898, 971, 1121, 1161, 9021. See 17 observations. ... What Is certain IRS Cycle ..., The reason why 4/15/19 is used is because a lot of statute of limitation and tax calculations are based on that tax return due date. Therefore, if the IRS starts to use like 2/3/19 or other dates such as 3/19/19 as the return due date or process dates, all the tax laws and numbers' calculation would be wrong., Code 50, 63 Changes the District or Area Office Location Code and/or Zip Code of an Account on the MF. If TDA/BAL DUE is being transferred from one District or Area Office to another, use Doc. Code 50; otherwise, use Doc. Code 63. Other Entity changes described in TC 012, 013, 014 and 016 (TC 016 not EPMF) may be included with Doc. Code 63., The Meaning of Code 570. Code 570 suggests that an account was frozen due to an issue that prevents the IRS from processing a tax return and issuing a refund. In other words, this code may indicate you're facing an audit. In most cases, the IRS won't disclose the reason why Code 570 was added to an account until the issue is resolved., Common IRS Transaction Codes Found on Tax Transcripts. Some transaction codes are used more often than others by the IRS. The ones that many taxpayers typically come across when they order and read their transcripts can include: IRS Code 846 Refund of Overpayment, which indicates that the IRS owes the taxpayer a refund of an overpayment of taxes, What does it mean on my irs tax transcripts says code 570 and a processing day of 2/26/2018 is this bad does it mean I have to wait 45 day to get a return. ... I ordered my transcript today and have the following codes 150 04-14 $0.00 806 04-15 -$1976.00 766 ..., 1 1.Re: What do codes 806 and 766 and 768 and 570 mean? - Page 3; 2 2.What does code 806 mean?? Do we get that money in our return or … 3 3.TAX TRANSCRIPT CODE 806: EXPLAINED - YouTube; 4 4.IRS Tax Code 806, What Does Code 806 Mean On IRS Transcript … 5 5.What does IRS code 806 mean, and why does it have a future date?, A revenue ruling is a published opinion of the Internal Revenue Service (IRS) stating how it would rule on future tax questions based on the same circumstances. These rulings are generally promulgated under the Internal Revenue Code (IRC) § 7805, which allows the Secretary of the Treasury to "prescribe all needful rules and regulations for the enforcement" of the Internal Revenue Code., IR-2019-44, March 15, 2019. WASHINGTON — The Internal Revenue Service today warned the public about a new twist on the IRS impersonation phone scam whereby criminals fake calls from the Taxpayer Advocate Service (TAS), an independent organization within the IRS. Similar to other IRS impersonation scams, thieves make unsolicited phone calls to ..., It costs $410 to file your Form I-766. You must pay with a personal check or cashier's check - not cash. You may also be required to pay an $85 biometrical fee if a fingerprint background check is necessary. Keep all receipts of fees paid and appointments made for you to handle your request, including if you need a biometric fingerprint check., 846 Codes are extremely accurate. Trust the code lol. It's your best friend during tax refund time. As long as your account info for your direct deposit is accurate .. ( numbers were entered correctly, the account isn't closed, you don't owe anyone who could get your refund garnished, etc etc) there should be no delays., When to IRS code 766 appeared about your 2021 or 2022 tax transcript, that means there is a tax credit on your account from the IRS, whatever is goody news. When einem IRS code 766 emerges on your 2021 or 2022 tax loading, that means there is ampere strain credit on your account from the SCRIP, which your good news., Code 806 is simply an acknowledgement that your electronically filed tax return was received. Learn more on ttlc.intuit.com ... What does IRS code 766 credit to your account 4/15 21 mean on the transcript? Code 766 with a date and amount is for a credit that is allowed. If OTN is next to it, however, that stands for Offset Trace Number. ..., Find out this and about IRS Transcript Codes 150, 806, 766, and 971. Find out why your tax return is being held up. 2022 Refund Dates. 2022 IRS Refund Schedule; ... Tax Code 150 acknowledges tax filing. Tax Code 766 acknowledges that you submitted your return to the IRS.