Read the entry. Understand the next step.

IRS transcript codes 150, 570, 571, 766, 768, 806, 810, 811, 846 and 971, plus processing cycles, explained with official sources.

Code 150: Tax return assessed

The IRS recorded the original return’s tax assessment.

A pending additional liability or credit hold can stop refunding.

This reverses the associated code 570 hold.

A refundable credit has been entered on the account.

The account includes an earned income credit entry.

This credits withholding and excess FICA amounts on the account.

A refund freeze has been placed on the account.

The associated code 810 freeze is reversed in whole or in part.

The IRS account records a refund of overpayment.

The meaning depends on the associated action code.

A processing-cycle notation identifies a cycle in IRS account processing.

Public guidance checked 2026-10-01. Each guide links to its source. Individual circumstances can differ.

Does code 150 mean my refund is approved?

Code 150 records a tax-return assessment. It does not by itself approve or schedule a refund.

Is code 846 the bank posting date?

It records refund issuance. Delivery and bank posting are separate steps.

Does code 971 always mean the same notice?

It is a miscellaneous-action code. The associated action, date and notice context matter.

Can I calculate a guaranteed refund from a cycle code?

A cycle identifies a processing cycle. It cannot establish a guaranteed deposit date for an individual account.