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, youwhat does tax topic 151 and reference 1242 mean?r return was received but is frozen (from any further actions) and under review. So while this does create a。 See more
What is IRS Reference Number what does tax topic 151 and reference 1242 mean?1242? IRS Reference Number 1242 is a code the IRS uses to notify you that your return has been selected for review. Your return will remain frozen in the IRS’s system until the review。
Tax topic 151 and reference 1242 are important terms related to the IRS’s review and processing of tax returns. Understanding what these terms entail is crucial for taxpayers navigating the complex world of taxes in the United States.
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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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