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RC0\u2014An examination transaction which does not create an entity attempts to post to an account for which no entity is present.
There's no official word yet, but it's been reported that some common transactions, like direct deposits, will be exempt from the reporting requirements.
Stakeholder Liaison establishes relationships with practitioner and industry organizations representing small business and self-employed taxpayers. We provide information about the policies, practices and procedures the IRS uses to ensure compliance with the tax laws.
The review means that your return is pending because IRS is verifying information on your tax return. They may contact you before processing your return.
It may take the IRS up to 16 weeks to process amended returns. File Form 1040-X to amend. Taxpayers must file on paper using Form 1040-X, Amended U.S. Individual Income Tax Return, to correct their tax return.
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People also ask

Claims for a Direct Deposit If the financial institution misdirected a deposit, the taxpayer generally would provide information on Form 3911, Taxpayer Statement Regarding Refund, which allows the Service to trace the deposit.
Category E2 All unpostable cases must be screened for statute protection purposes prior to taking any resolution action.
The CP05 A notice is mailed to taxpayers to notify them that the IRS is holding their refund until the accuracy of the tax credits, income tax withholding or business expenses has been verified. This notice or letter may include additional topics that have not yet been covered here.
Whichever method you choose, report these bonuses on Form 941 as well as the employee's W-2. Each non-employee you've paid $600 or more in prizes and awards over the course of the year should receive a Form 1099-MISC from your agency.
When can I ask the IRS to trace my refund? Direct deposit: The IRS generally direct deposits refunds within 21 days after receiving your tax return. If you don't receive your deposit within five days after the 21 days have passed, you can request a refund trace.

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