Dealerships that didn't provide paperwork for EV Tax Credit {Solution post #119}

[TaxmanHog]

Mine still shows "Return Received" after 3 months. Read somewhere that it only updates if you're getting a refund which would make sense why mine hasn't updated as I owed a little.

Did you file on paper with paper check remittance for the balance remaining?

Was the check cashed yet?

If yes & yes, this class of paper returns are the last to be fully transcribed into the distributed input system, initially the IRS only processes the remittances immediately, then later in the summer they get around to transcribing the full document.

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[PJnc284]

Efiled and payment was deducted through ACH the next day.

 

[TaxmanHog]

Efiled and payment was deducted through ACH the next day.

EFile returns are instantaneously processed, there must be a questionable item, that's under review.
NOTE: filed & Full paid returns do not generate any acknowledgment correspondence unless there is a problem.

Log into your IRS.GOV account to review the return posting and transcript of tax account., hopefully you will see a few itemized transaction codes:
TC-150 is the net tax declared after credits are applied,
TC-806 are withholding credits,
TC-430 are estimated tax deposits if you had any
TC-610 or TC-670 are remittances you sent in for the balance.

If you see values that correspond with the return as filed then it's post but still subject to the three year statute of limitations on audits & examinations. If there is an open audit indicator TC-420 or 424, you may be hearing from them in the near future.

 

[PJnc284]

Who knows with the government. The below statement on the status page makes it sound like the status there shouldn't even update to accepted unless you're receiving a refund. Only questionable item would be the tax credit since it still doesn't show on my irs page but the return wasn't kicked back after filing and It shows the efile was accepted in turbo tax.

"
Please Note
For refund information, please continue to check here, or use our free mobile app, IRS2Go. Updates to refund status are made no more than once a day. This status is for refunds only. Please ignore if you owe/owed a balance.
"

 

[TaxmanHog]

Who knows with the government. The below statement on the status page makes it sound like the status there shouldn't even update to accepted unless you're receiving a refund. Only questionable item would be the tax credit since it still doesn't show on my irs page but the return wasn't kicked back after filing and It shows the efile was accepted in turbo tax.

"
Please Note
For refund information, please continue to check here, or use our free mobile app, IRS2Go. Updates to refund status are made no more than once a day. This status is for refunds only. Please ignore if you owe/owed a balance.
"

When I say log in, use this https://www.irs.gov/your-account not the "where's my refund" utility

 

[PJnc284]

yeah even that doesn't show anything useful. The only option is to go to the refund status page which is the same as just going straight to the where's my fund page. Doesn't appear to be a page for "hey, I owed but want to make sure everything with my return was good". Clean vehicle page still shows empty so it's interesting it didn't get kicked back when I filed like others ran into.

 

[TaxmanHog]

yeah even that doesn't show anything useful. The only option is to go to the refund status page which is the same as just going straight to the where's my fund page. Doesn't appear to be a page for "hey, I owed but want to make sure everything with my return was good". Clean vehicle page still shows empty so it's interesting it didn't get kicked back when I filed like others ran into.

Look in these sections for the filing compliance report and transcripts of tax return posting, never mind the 15400 that's the issue many folks posting in this thread are concerned with that ,,,,, IT DOES NOT EXIST

 

[PJnc284]

hmm Compliance report shows it was timely filed and no outstanding tax debts and account transcript shows a processing date of 3/24/25 (efiled 2/27/25) so I'm assuming it's good? They could certainly make things easier.

 

[TaxmanHog]

hmm Compliance report shows it was timely filed and no outstanding tax debts and account transcript shows a processing date of 3/24/25 so I'm assuming it's good? They could certainly make things easier.

Good, subject to an audit during the program selection process, statute of limitations will expire 4/15/2028, rest cautiously until that date.

 

[StaffanM]

Good, subject to an audit during the program selection process, statute of limitations will expire 4/15/2028, rest cautiously until that date.

Pretty sure I cropped out any personal
Information, but this is currently what my 2024 transcript displays. It shows the correct credit amount filed via paper and initially E-file. However it looks like it hasn’t gone anywhere since 4/15. Im assuming that when you don’t E-file the IRS would mail you a check rather than direct deposit to ACH.

 

[TaxmanHog]

Pretty sure I cropped out any personal
Information, but this is currently what my 2024 transcript displays. It shows the correct credit amount filed via paper and initially E-file. However it looks like it hasn’t gone anywhere since 4/15. Im assuming that when you don’t E-file the IRS would mail you a check rather than direct deposit to ACH.

It looks like the credit balance is frozen in place pending a further review of some sort, in your situation the $7500 EV credit fully washed out your income tax and the wage/withholding of $7430 would normally generate a TC-846 refund to you if the underlying concern is resolved, not sure how long that will take.

BTW without disclosing any of your Pii, can you show me the rest of the description and TC code associated with the yellow highlight, that appears to be causing a hold condition.

 

[StaffanM]

It looks like the credit balance is frozen in place pending a further review of some sort, in your situation the $7500 EV credit fully washed out your income tax and the wage/withholding of $7430 would normally generate a TC-846 refund to you if the underlying concern is resolved, not sure how long that will take.

BTW without disclosing any of your Pii, can you show me the rest of the description and TC code associated with the yellow highlight, that appears to be causing a hold condition.

Looks like TC 570.

 

[flyct]

hasn't

Looks like TC 570.

I learn something new every day

" According to the IRS guidelines, TC 570 on your tax transcript means your return is on hold due to a pending additional liability review. No further processing or refund payment can be made until this hold is lifted. Code 570 on your transcript may be due to many factors....................."

https://savingtoinvest.com/what-is-...freeze-or-additional-account-actions-pending/

 

[TaxmanHog]

Looks like TC 570.

I learn something new every day

" According to the IRS guidelines, TC 570 on your tax transcript means your return is on hold due to a pending additional liability review. No further processing or refund payment can be made until this hold is lifted. Code 570 on your transcript may be due to many factors....................."

https://savingtoinvest.com/what-is-...freeze-or-additional-account-actions-pending/

Yes, TC-570 place an R- freeze on the tax module preventing refunding of credit balances.
It's typically done when additional analysis is needed, it looks like they are manually reviewing the EV credit claim.

Good news is that you don't have a TC420 or 424 for an audit, nor any TC's for an open QRDT {questionable refund detection team} by criminal investigation {scary situation}!!

Give it time, once the review is done and they rule in your favor the credit balance will be released with credit interest, if not in your favor, they will negate the EV credit and net you a smaller amount ..... also with interest.

Good luck, keep us posted, and if extended any appeals right EXERCISE THEM, the negligence is on the shoulders of the dealership, if I were king for a day, I'd assess them a civil penalty of $7500 and credit you the value.

This my friends is why half baked legislation gets us into the weeds way to often in life.

 

[StaffanM]

Yes, TC-570 place an R- freeze on the tax module preventing refunding of credit balances.
It's typically done when additional analysis is needed, it looks like they are manually reviewing the EV credit claim.

Good news is that you don't have a TC420 or 424 for an audit, nor any TC's for an open QRDT {questionable refund detection team} by criminal investigation {scary situation}!!

Give it time, once the review is done and they rule in your favor the credit balance will be released with credit interest, if not in your favor, they will negate the EV credit and net you a smaller amount ..... also with interest.

Good luck, keep us posted, and if extended any appeals right EXERCISE THEM, the negligence is on the shoulders of the dealership, if I were king for a day, I'd assess them a civil penalty of $7500 and credit you the value.

This my friends is why half baked legislation gets us into the weeds way to often in life.

I’m waiting for the day where I’ll be able to come back here and post good news and nothing negative. Sure is a pain in the ass but like you said, there’s a lot worse codes that could be on my transcript currently. It could always be worse, at this point I’ve pretty much forgotten about the $7,500 and now if I ever do get it, it will just be a really sweet bonus.

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