I filed and my return was accepted on February 3rd. On February 10th, I saw code 151 on the WMR, along with codes 766, 810, and 420 in that order. I haven’t received a code 971 or any notice yet. I need to make some corrections, but given that I have code 420 and no notice at this time, should I wait for the notice regarding code 420, or can I go ahead and make my amendment now?
One response
It sounds like you’re dealing with a complex situation regarding your tax return. Generally, if you have received a code 420, it typically indicates an issue with your return that the IRS is reviewing, and they will send you a notice explaining the matter in more detail. Since you haven’t received a notice yet, it’s advisable to wait for that before making any amendments.
Amending your return while the IRS is reviewing your original submission could complicate matters further. It might be best to wait until you receive your notice, which will provide specific guidance on what needs to be corrected. If you’re uncertain or need further clarification, consult a tax professional for personalized advice based on your situation.