I filed my taxes on February 3, and by February 10, I received code 151 on the WMR, along with codes 766, 810, and 420 in that order. I haven’t received a notice or a code 971. I need to make some amendments, but since I have code 420 and haven’t received any notice yet, should I wait for the notice regarding code 420, or can I go ahead and amend my return now?
One response
It sounds like you’re dealing with a complex tax situation. Since you have received code 420, which indicates that the IRS is reviewing your account, it might be advisable to wait for the notice before making any amendments. The notice will provide specific details about what the IRS is addressing, and it may guide you on the necessary steps to take.
However, if you believe there’s a significant error that needs correcting, you could consider filing an amendment now, but be cautious. It may be helpful to consult with a tax professional to get personalized advice based on your circumstances. They can help ensure that you’re taking the best course of action without risking further delays.