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
Tax Topic 151 and Reference 1242 are notices the IRS sends when they select your return for additional review and verification. This does not necwhat does tax topic 151 and reference 1242 mean?essarily mean you did anything。
Tax topic 151 is an IRS letter that informs taxpayers that some or all of their tax refund has been offset to pay for something else they owe, and therefore, they will not be receiving their full tax。
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what does tax topic 151 and reference 1242 mean?|What Does the Reference Number 1242 Mean From the IRS?
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