The IRS assigns reference codes, for example, for the status of refund problems. According to the Internal Revenue Manual, reference code 1201 means 'all other conditions not covered by a status code'. Upon being given this code by an inquiring taxpayer, the IRS agent is directed by the Manual to 'conduct account analysis'.
Code 1201 is an administrative code that means there is a delay in processing your return. While your return was selected, something triggered a desk audit, and is an IRS agent will review it. In most situations it causes one-two weeks of an additional processing time to get your refund. According to the IRS, 1201 is a "catch all" code when no other code applies. It was generated by the computer so if you call IRS - the agent might not know what exactly triggered the review. It may be random selection as well. This is not an error and not an audit - this is normal IRS process - the assigned IRS agent will review your return and in most situation it will be processed without any problem. I do not think that you need to worry at this moment - just wait couple weeks and see if the problem resolved.
"All other conditions not covered by a status code" according to the Internal Revenue Manual. The agent is directed to conduct an account analysis.
what is the 1121 code
A code 1242 is a common code for an IRS error. This code means that the IRS froze your account while they are waiting for additional information.
IRS tax code 826 means that IRS tax refund will be offset to another year. This happens when there are back taxes owed.
Code 1201 is an administrative code that means there is a delay in processing your return. While your return was selected, something triggered a desk audit, and is an IRS agent will review it. In most situations it causes one-two weeks of an additional processing time to get your refund. According to the IRS, 1201 is a "catch all" code when no other code applies. It was generated by the computer so if you call IRS - the agent might not know what exactly triggered the review. It may be random selection as well. This is not an error and not an audit - this is normal IRS process - the assigned IRS agent will review your return and in most situation it will be processed without any problem. I do not think that you need to worry at this moment - just wait couple weeks and see if the problem resolved.
"All other conditions not covered by a status code" according to the Internal Revenue Manual. The agent is directed to conduct an account analysis.
what is the 1121 code
1201 is usually an offset due to owing back taxes, child support......etc.
A code 1242 is a common code for an IRS error. This code means that the IRS froze your account while they are waiting for additional information.
16 CFR 1201 c. 11. is a reference to Code of Federal Regulations (CFR) Part 1201, etc. You can find the specific volume in a library.
IRS tax code 826 means that IRS tax refund will be offset to another year. This happens when there are back taxes owed.
IRS code 152 means that you had filed an accurate return. It means your refund is in the process of being fulfilled.
I'm not sure...but that code section deals with alternative minimum tax for corporations if that helps.
1201
The country with the international dialing code prefix +1201 is the United States of America.
$.12.01