Transaction Codes

Trans_Code DR/CR File Title Valid_Doc_Code Remarks
000 I/B/E Establish an Account BMF: 04, 63, 80, 81 IMF: 63 EPMF: 04, 63 Adds a new taxpayer entity to the applicable Master File. IMF - Establishes Scrambled SSN Indicator. TC 000 with DLN block/serial overlay of 99999 is computer generated from joint return with CCC’s to create an account for the spouse.
E Establish a Plan 64 Establish a Plan Data module.
001 B/E Resequence an Account due to a TIN Change Generated Transaction Resequences an account to a different TIN or accomplishes a merge of accounts. Generated when TC 011, 040, or 041 posts. Carries old TIN as reference.
001 E Resequence due to Plan Number change 64 Resequences a plan data module due to a plan number change. Carries old plan number as reference.
001 I/A Resequence an Account Generated Transaction Resequences an account because of an SSN change or a change in SSN validity.
001 B/E TIN Change Failed to Resequence Generated Transaction Account did not meet merge criteria. Restores entity and tax modules to the MF that were processed as TC 001 under old TIN.
002 E Resequence EPMF Merge-Fail 64 Resequences contents of a TC 001 or 005 transactions when there is a merge-fail between two plans of an EPMF entity.
003 B Duplicate Tax Modules are not Resequenced Generated Transaction Resequences a discovered “duplicate” Tax Module (identical MFT and Tax Period) of a TC 001 back to the old EIN. Account Balance is adjusted. Changes all MFR Codes to 8. A CP 209 is issued in the cycle the TC 003 posts.
003 B BMF Partial Merge IDRS transaction. See Section 14.7. Appears at the old EIN.
004 B BMF Partial Merge IDRS transaction. See Section 14.7. Appears at the new EIN.
005 I/B Resequenced Account for Merge Generated Transaction Account being resequenced for an attempted merge with another account. Posts as a TC 005/006 combination if merge is successful and as TC 006 if unsuccessful.
005 E Resequenced Plan for Merge 64 Assigned to the To Plan Data Module and each of its return modules being resequenced during the merging of two plans for one EPMF entity.
006 I/B E Account Resequenced to Mas­ter File Location Generated Transaction Indicates consolidation of accounts has been made (See TC 002 for BMF/IMF and EPMF: TC 005 for IMF). A TC 006 with­out a cross-reference TIN indicates an unsuccessful merge. A TC 006 (preceded by a TC 005) with a cross-reference TIN indicates a successful merge from the cross-reference TIN.
006 E Merge Plan Resequenced 64 Indicated successful merge of two plans of an EPMF entity. Carries old plan number as a reference.
007 I/B Carrier Transaction Generated Transaction A carrier transaction for transactions from a dissolving account as a result of a successful merge. The TC 007 does not post to Master File. It causes generation of TC 446.
008 I/B IMF/BMF Complete Merge IDRS transaction. See Section 14.7. Appears at the new TIN. BMF: Generated transaction
011 I/B E Change EIN or SSN. 63 Changes TIN of an Account on the Master File or consolidates two TINs. BMF: Prevents posting of TC other than 002, 003, 006 and 026. Restricted to Entity
011 E Change Plan Number 64 Changes the number of an EPMF entity. Restricted to Entity
012 I/B E Reopen Entity Account IMF: 63 BMF: 63, 80 EPMF: 63 Updates FR Codes. Reopens an Account on the Master File; may include other Entity changes shown in TC 013, 014, 015 and 016 (TC 016 not EPMF). BMF/IMF; If City, State present and no street address, drops MF street address. Zeros zip code for foreign addresses.
012 E Reopen Plan 64 Reopens a plan of an EPMF entity. Changes FRC 8 to blank.
013 I/B E Name Change BMF: 63, 80 Others: 63 Changes a name of an Account on the MF. May include other Entity changes shown in TC 012, 014, 015, and 016, (TC 016 not EPMF). IMF/IRAF Replaces or establishes name line for tax year indicated by new name line. Deletes second name line if none is input. BMF Replaces all name lines. IMF: TC 013 with DLN block/serial overlay of 99999 is computer-generated from TC 150 with CCC’9’ which causes establishment of new name line for primary taxpayer only. TC 013 with a Reference MFT Code of 55 present will only update the Civil Penalty name line. Normal name line processing will be by-passed.
013 E Plan Name Change 64 Replaces the plan name for a plan of an EPMF entity.
014 I/B E Address Change BMF: 63, 80 Others: 63 Changes the address of an account on the MF. May include other Entity changes shown in TC 012, 013, 015, 016 (TC 016 not EPMF). Replaces Street Address, City, State and zip code. If street address blank, literal “local” is generated for street address. Updates “cycle of last address change” in the entity. Zeros zip code for foreign addresses. BMF: Generated when BMF address is changed, based on data input from IMF on TC 996. EPMF Changes mailing address.
015 I/B E Location and/or Zip Code 50, 63 Changes the District or Area Office Location Code and/or Zip Code of an Account on the MF. If TDA/BAL DUE is being transferred from one District or Area Office to another, use Doc. Code 50; other­wise, use Doc. Code 63. Other Entity changes described in TC 012, 013, 014 and 016 (TC 016 not EPMF) may be included with Doc. Code 63. An address change (TC 014) may be included with Doc. Code 50. EPMF: Out of SC changes are valid.
016 I/B E Miscellaneous Change Entity Codes BMF: 63, 80, 81 Others: 63, 64 Changes the following codes: Filing Requirement Codes, Rail­road Board number, FYM, PMF indicator, Backup Withholding Indicator, F8123 indicator, Employment Code, Magnetic Tape Code (also updated by TC 960 and 961), Date of Death, Sole Proprietor/Spouse SSN, PDT indicator (blocking series 700-749 turns indicator on; B.S. 750-799 turns indicator off). TC 016 with special DLN xx96388888888X is generated to validate sole proprietor SSN in the entity. Updates no other entry data. May include other entity changes shown in TC 012, 013, 014, and 015. Doc Code 80/81 updates the EO Entity Section. FRC only. IMF: TC 016 also generated by CC IRCHG when validating an IRS name control.
017 I Spouse SSN 63 Adds or changes the Spouse’s SSN in the First Name Line of the taxpayer’s Account.
017 E Change File Folder Number 64 Replaces the File Folder Number.
018 I/B Release Undelivered Refund Check Freeze 64 Updates address: releases all 740 freezes in the account. IMF-Unpostable 174 if no 740 freeze is present.
019 I/B/E Zip Code/Area Office Change 50, 63 Generated whenever Zip Codes or Primary Location Code changed. Will post as a TC 015. Does not update the “cycle of last address change.” When Location Codes or zip code change; otherwise, will be dropped. Generated to IRAF from IMF.
020 I/B E Closes Account Deac­tivates Account 63 Removes an account from Master File or inactivates the account so future tax modules can not be created. Any entity TC other than TC 012 will go unpostable 349. Changes all filing require­ment codes to “8” if tax modules are present in the Account.
020 E Delete a Plan 64 Delete a plan when it does not have a return module or an unreversed TC 121, 123 or 125 in the Plan Data Module; other­wise, the plan MFR is changed to an “8”
022 B Delete EO Sub module 63 Delete EO Section that was erroneously added to an entity module.
023 B Reverse the Election to Lobby 77 Reverses the TC-024 election.
024 B Election to Lobby 77 The election by an organization to lobby for legislation from Form 5768.
025 No RSQ-SSN Generated Transaction Failure to merge two Master File accounts. Does not post to the Master File.
026 I/B E Delete Changed TIN or Old Plan Data Generated Transaction Deletes the Entity data that remained on the MF under the old EIN or SSN. IMF: Creates a “memo” level locator record with the “TO” SSN.
026 I/B IMF/BMF Complete Merge IDRS transaction. See Section 14.7. Appears at the old TIN.
026 E Delete Old Plan Data 64 Deletes plan data under Old Plan Number after resequencing of a plan.
030 I/B Update Location Codes Out-of-Campus 50, 63 Updates Location Codes when a change in Campus Code is involved. If TDA/BAL DUE is being transferred, use Doc. Code 50; other­wise, use Doc. Code 63. Entity changes described in TC 013, 014, 015 or 016 may be included with Doc. Code 63. Change of address (TC 014) may be included with Doc. Code 50.
040 I/B Directs Change to Valid SSN 63 Changes SSN or name of an Account which is on the Valid Segment of the IMF or the valid portion of the BMF. May include changes to Filing Status Code, and spouse SSN: Gener­ated from the IMF transaction.
041 I/B Directs Change to Invalid SSN 63 Changes SSN or name of an Account which is on the Invalid Segment of the IMF or the invalid portion of the BMF. May include changes to FSC or spouse SSN.
052 B Reversal of 053, 054, 055 63 Reverse all previously posted TC053, 054 or 055 transactions. “Restricted to Entity”
053 B/E Plan Year Ending Month Change 63, 77, 64 Form 1128 processed to accept change of accounting period. “Restricted to Entity”
054 B Retained FYM 63 Rev. Proc. 87-32. “Restricted to Entity”
055 B Change or Adopt New FYM 63 Form 8716 - Election to have a tax year other than a required tax year. Rev. Proc 87-32. “Restricted to Entity”
057 B Reversal of 054, 055 Generated Transaction Reverses TC 054/055 when a CU UPC 307 F1120/1120S/1065 return is posted with CC “Y” and FYM 12 or TC 620 posted. “Restricted to Entity”
058 B Form 8716 63 Election of Tax Year other than a required Tax Year. Form 8716 was denied. “Restricted to Entity”
059 B Form 1128 63  Application for change in Accounting Period. Form 1128 was denied. “Restricted to Entity”
060 B Elect Foreign Sales Corporation (FSC) 63 FSC or Small FSC election, Form 8279. No longer in use
061 B Revoke Reverses TC 060, 063, 064 or 065 63 Revocation of FSC or small FSC election. No longer in use
062 B Erroneous 63 Reversal of TC 060, 063, 064, 065. No longer in use
063 B FSC Election received 63 Election as a FSC or small FSC has been received. No longer in use
064 B FSC election denied 63 Denial of election to be treated as a FSC or small FSC. No longer in use
065 B FSC Revocation Received 63 Notification of revocation received for FSC or small FSC. No longer in use
066 B Terminate FSC Received 63 Election to be treated as a FSC or small FSC has been terminated. No longer in use
070 B Church Exemption From Social Security Taxes 63 Records the filing of Form 8274, Certification by Churches and Qualified Church-controlled Organizations Electing Exemption From Employer Social Security Taxes (FICA). Establishes an effective date, update Employment Code to “C,” From 941 Fil­ing Requirement to “04” and the Form 940 File Requirement Code to “0”.
071 B Revocation of Church Exemption From Social Security Taxes 63 IRS terminates or revokes the filing of Form 8274 (TC 070). Establishes a revocation/termination effective date and updates the 941 File Requirements to “01.” The Employment Code may also be changed to “W” or be deleted if necessary. If Employment Code deleted, Form 940 Filing Requirement is updated to “0”.
072 B Deletion of TC 070 Input in Error 63 Records the correction of an erroneously posted TC 070. The Employment Code is deleted and the 941 FR is updated to “01.”
073 B Correction of Errone­ous Revocation/ Ter­mination 63 Used when 8274 election has been erroneously terminated by IRS with input of TC 071. Reverses all previously posted TC 071 transactions. The election must be re-established with input of another TC 070.
074 B Deemed Entity Classification Election 53 Indicates the Entity Classification Election is deemed
075 B Reversal of a Deemed Entity Classification Election 53 Reverses TC 074 to either remove the deemed election or for correction purposes
076 B Approved Form 8832 53 OSPC and CSPC inputs to indicate acceptance of Form 8832, Entity Classification Election.
077 B Reversal of TC 076 53 Reverses the acceptance of an Entity Classification Election input in error.
078 B Rejection of Form 8832, Entity Classification Election 53 Rejection/Denial of an Entity Classification Election.
079 B Revocation of Form 8832, Entity Classification Election 53 Indicates the revocation of an Entity Classification Election beginning with the date specified in the transaction.
080 I Validates Spouse’s SSN 63 Transaction validates spouse’s SSN. Does not post to the Mas­ter File.
082 B Acceptance of Form 8869 53 Indicates the deemed liquidation of the subsidiary into the parent beginning with the date specified in the transaction. Following the deemed liquidation the QSub is not treated as a separate corporation; all of the subsidiary’s assets, liabilities, and items of income, deduction, and credit are treated as those of the parent.
083 B Reversal of TC 082 53 Reverses the acceptance of a Qualified Subchapter S subsidiary (QSub) Election input in error.
084 B Rejection of Form 8869 53 Indicates the rejection of a Qualified Subchapter S Subsidiary (QSub) Election.
085 B Reversal of TC 084 53 Reverses the Rejection of a Qualified Subchapter S Subsidiary (QSub) Election input in error.
086 B Effective date of QSub revocation 53 Revocation of a Qualified Subchapter S Subsidiary Election (QSub).
087 B Reversal of TC 086 53 Reverses the Revocation of a Qualified Subchapter S Subsidiary (QSub) Election input in error.
090 B Form 2553, Election By a Small Business Corporation 53 Indicates that beginning with the date specified in the transac­tion, the corporation will be taxed as a small business corpora­tion. Changes 1120 FR to 2. Blocking Series 950-999 generate a TC 474 for MFT 02 period ending and month preceding the effective date.
091 B Revocation of Small Business Election Revoked 53 Indicates the revocation of being taxed as a small business and updates the Form 1120 FR to “01”. Blocking Series 950-999 does not update filing requirement or FYM yet, but delays update for 26 weeks.
092 B Reverses 090, 093, 095, 097 53 Records the correction of an erroneously posted TC 090, 093, 095 or 097.  
093 B Form 2553 Received 53 Application for Sub-Chapter S election Form 2553 Received but not processed
094 B Form 2553 Denied 53 Sub-Chapter S election denied
095 B Small Business Election Revocation/Termination Pending 53 Revocation/Termination of Subchapter S Election Received but not processed
096 B Small Business Elec­tion Terminated 53 Sub-Chapter S election terminated. Updates 1120 FR to “01”. Blocking Series 950-999 does not update filing requirement or FYM yet, but delays update for 26 weeks.
097 B Application for Small Business Pending National Office Approval 53 Form 2553 has been sent to National Office for determination.
098 B Establish or Change in a Fiduciary Relationship 63 Indicates that Form 56, Notice Concerning Fiduciary Relationship, or correspondence was received establishing or indicating a change in fiduciary relationship when a 1 is entered in the FORM-56-CHG-IND.
099 B Termination of Fiduciary Relationship 63 Indicates that Form 56, Notice Concerning Fiduciary Relationship, or correspondence was received, terminating a fiduciary relationship.
100 B Acceptance of Qualified Subchapter S Trust (QSST) 53 Indicates acceptance of an election to be treated as a Qualified Subchapter S Trust (QSST) beginning with the date specified in the transaction.
101 B Revocation of Qualified Subchapter S Trust (QSST) 53 Indicates revocation of an election to be treated as a Qualified Subchapter S Trust (QSST) beginning with the date specified in the transaction.
102 B Acceptance of Electing Small Business Trust (ESBT) 53 Indicates acceptance of an election to be treated as an Electing Small Business Trust (ESBT) beginning with the date specified in the transaction.
103 B Revocation of Electing Small Business Trust (ESBT) 53 Indicates revocation of an election to be treated as an Electing Small Business Trust (ESBT) beginning with the date specified in the transaction.
110 B - Generated Transaction Designates Windfall Profits Tax return to the GMF unpostable system.
120 I/B Account Disclosure Code 77 or Generated Indicates information extracted for external use. Is input with Doc. Code 77 or is generated for mass extracts from Master File. Posts to a separate disclosure file when TC 990, 991, 992, or 993 is processed with Doc. Code 56 or an agency code. IMF ONLY: Generated.
121 E Employee Plan Char­acteristics 01, 03, 06, 07, 09, 53 60, 61, 62, 72, 73, 78 Posts Employee Plan Characteristics from Forms 3672, 3672A, 4461, 4461-A, 4578, 5300, 5301, 5303, 5306, 5306SEP, 5307 and 5309.
122 E Reversal of Employee Plan Characteristics 77 Reverses TC 121.
123 E Update of Employee Plan Characteristics 01, 03, 06, 07, 09, 53, 60, 61, 62, 72, 73, 78 Updates Employee Plan Characteristics.
125 E Termination 10,11 Form 5310 Posts a complete termination of an Employee Plan (Doc Code = 10). Form 5310-A posts a merger, consolidation or transfer of an Employee Plan (Doc Code = 11)
126 E Reversal of Termination 77 Reverses TC 125.
127 E Administrator Data Change 64 Changes the Name, Address or EIN of the Plan Administrator.
128 E Administrator Data Change 64 Replaces the Plan Name and Administrator Data
129 I HHS Request 57 Parent Locator Service Address Request transaction (blocking series 422). Child Support Enforcement Agency information request (blocking series 419).
130 I/B Entire Account Frozen from Refunding 77 Entire account is frozen from refunding, overpayment is applied to NMF. Credits of $25.00 or more. Overpayments in excess of $24.99 will cause a CP44 to be generated. IMF: Freeze only if more than $24.99. TC 131 or TC 824 will reverse all previously posted TC 130s See note below (TC 824 may or may not have a money amount). Credits under $25.00 before interest will be refunded, but TC 130 Freeze will not be released. TC 130 with closing code 03, 12, or 24-32 should correspond to a BMF lia­bility written off with TC 530 and will have similar TC 130 clos­ing code.
131 I/B Reversal of TC 130 Refund Freeze 77 Releases the TC 130 Account refund freeze if input as the same type as the original TC 130, permits refunding of overpayment if other freeze conditions are not present. DMF: agency refund of a prior offset of refund reversal correcting a prior agency refund.
132 I Reversed TC 130 Generated Transaction A TC 130 which was reversed.
136 B Suppress FTD Alert 77 Suppress issuance of Federal Tax Deposit FTD) Alert.
137 B Reverse Suppress 77 Reverses TC 136.
140 I IRP Delinquency Inquiry Generated Transaction Establishes Entity and/or Tax Module and Status Code 02 (Delinquency Inquiry) within the affected tax module.
141 I/E Delinquency Inquiry Generated Transaction Generated by CCNIP & IDRS not BMF Masterfile
142 I/B/E Delinquency Investi­gation Generated Transaction Records the issuing of a Taxpayer Delinquency Investigation (TDI/DEL RET). Establishes Status Code 03 within the affected tax module. Processed same as TC 141.
148 I/B Issuance of TDA/BAL DUE or TDI/DEL RET Assembly 77 Causes the accelerated issuance of a TDI/DEL RET (BMF Only) or TDA/BAL DUE assembly when certain non-compliance conditions are present in ANY of the TDA/BAL DUE modules within the Account. TC976, 977, 291 AND 150 (Except SFR return) will Unpost UPC 191. Requires two digit code for IDRS input. Refer to IRM for code titles and definitions.
149 I/B Reversal of TC 148 77 Reverses TC 148 and permits the normal issuance of TDI/DEL RET and TDA/BAL DUE.
150 Debit* (NPJ) I/B E/A P Return Filed & Tax Liability Assessed IMF: 05 thru 12, 21, 22, 26, 27, 51, 72, 73, BMF: 03, 05-11, 13, 16, 20, 21 (AUSC Only), 23, 29, 35, 36, 38, 40-44, 46, 51, 59, 60, 65, 66 (PSC only) 67, 68, 71, 78 (OSC Only), 81, 83, 90-93, 95 EPMF: 30, 31, 32, 37 PMF: 69 A tax liability assessed from the original return establishes a tax module. *BMF: Assessment may be Credit for Form CT-1, 720 and 941. See TC 976-977 for amended return.  
150 I Entity Created by TC 150 Generated Transaction This TC 150 when posted to the Entity Transaction Section indi­cates the Master File Entity was created from the posting of the return.
151 E Reversal of TC 150 or 154 77 EPMF: Reverses return data (TC 150, 154, 155, 156, 976, 977) or moves a return to a different module.
152 I/A Entity Updated by TC 150 Generated Transaction Designates a return which updated entity data and is posted to the Entity Transaction Section.
154 E Posting F5330 Data 35 Form 5330. Effective January 2001, the 5330 will post to the BMF as a TC 150. The EPMF TC 154 is an information transac­tion indicating that the 5330 posted to the BMF.
155 E 1st Correspondence Letter sent 30, 37, 38 EPMF First Correspondence letter. Posts to EPMF to Bypass delinquency
156 E Subsequent Corre­spondence sent 30, 37, 38 EPMF Second Correspondence letter. Posts to EPMF to Bypass delinquency.
157 E Schedule A 30, 37, 38 Received by EPMF through S.C. GPP for forwarding to Dept. of Labor, not posted to EPMF.
157 B Form 5578 Non-Discrimination Certification 84 Posted to indicate input of Form 5578
159 I Settlement Data Generated Transaction Designates data as a Settlement Section of Return. Such data is dropped as soon as the return is settled. Does not appear on outputs.
160 Debit (NPJ) B Manually Computed Delin­quency Penalty 47, 54 A Delinquency Penalty Assessment manually computed by Audit or Collection. Penalty is not recomputed by computer. Also used for IMF by W&I and Compliance.
161 Credit (NPJ) I/B Abatement of Delin­quency Penalty 47, 54 Abates previously posted 160, 166 Delinquency Penalty liability assessment in whole or in part. Penalty is not recomputed by computer.
162 I/B Failure to File Penalty Restriction Deletion 47, 54 Removes restriction on computation of FTF Penalty on previ­ously posted TC 160 or 161. Causes recomputation and allows normal computation of FTF Penalty.
166 Debit (NPJ) I/B Delinquency Penalty Generated Transaction Computer generated assessment of Delinquency Penalty on returns posted after the due date without reasonable cause and for returns containing penalty-interest codes 1 (if Condition Code R not present) or 2; penalty is computed on the assess­ment tax less pre-payments. IMF only: Penalty may also be generated from amounts recorded on returns.
167 Credit (NPJ) I/B Abate Delinquency Penalty Generated Transaction Abates a previously assessed TC 166 when change occurs in return due date or tax due at due date.
170 Debit (NPJ) I/B Estimated Tax Penalty IMF: 11, 12, 21, 22, BMF: 10-14 Both: 17, 18, 24, 47, 51, 54 Computer generated self-assessment from TC 150 or manually assessed. ES penalty for failure to make adequate ES pay­ments. Applicable to Form 990C, 1040, 1041, 990T, 990PF and 1120, except on Adjustment or Revenue Receipt input.
171 Credit (NPJ) I/B Abatement of Esti­mated Tax Penalty 24, 47, 48, 54 Abates previously posted 170 or 176 Estimated Tax Penalty in whole or in part.
176 Debit (NPJ) I/B Estimated Tax Penalty Generated Transaction Computer-generated assessment of 990C, 1040, 1041, 990T, 990PF and 1120 Estimated Tax Penalty for failure to make ade­quate ES payments.
177 Credit (NPJ) I/B Abatement of Esti­mated Tax Penalty Generated Transaction Abates a previously assessed TC 176. Issues Adjustment Notice.
180 Debit (NPJ) B Deposit Penalty 11, 17, 18, 20, 24, 25, 38, 40, 41, 43, 47, 48, 51, 54, 58 A manually assessed or generated from TC 150 input penalty for insufficient and/or untimely deposit of taxes (FTD) (720, 940, 941, and 943, 945 and 1042, CT-1).
181 Credit (NPJ) B Deposit Penalty Abatement 47, 54 Abates a previously assessed 180, 186 Deposit Penalty in whole or in part.
186 Debit (NPJ) B FTD (Deposit) Penalty Assessment Generated Transaction Computer generated FTD Penalty if taxpayer fails to make timely and sufficient payments as required by regulations on Forms CT-1, 720, 940, 940EZ, 941, 943, 945 and 1042.
187 Credit (NPJ) B Abatement of FTD Penalty Assessment Generated Transaction Abates a previously assessed TC 186. Issues Adjustment Notice.
190 Debit (PJ) I/B Manually Assessed Interest Transferred In 51 Manually computed interest assessed prior to transfer in. Is input only as part of an account transferred in. See TC 370.
191 Credit (NPJ) I/B Interest Abatement 51, 52 Abates TC 190 interest; input only as a part of an account transferred in. See TC 370.
196 Debit (NPJ) I/B Interest Assessed Generated Transaction Computer generated interest that is due: at First Notice time; upon issuance of an Account Adjustment Notice resulting from posting of TC 290/300; posting of TC 680 (Designated Payment of Interest), or if a credit condition exists in the module: at TDA/BAL DUE time; and upon issuance of Credit Reversal Notice (CP 60).
197 Credit (NPJ) I/B Abatement of Interest Assessed Generated Transaction Abates previously posted 190 or 196 interest assessments. TC 197 is generated when postings cause the interest assessed to exceed interest due (example: Abatement of tax liability). In addition, TC 197 is generated (as necessary) when a TC 682 is posted.
200 Debit (NPJ) I Taxpayer Identification Number Penalty Assessment IMF: 11, 12, 21, 22Both: 17, 18, 24, 47, 54, 58 Assess penalty against taxpayer for failure to furnish requested identifying numbers.
201 Credit (NPJ) I Taxpayer Identification Number Penalty Abatement 47, 54 Abates a previously assessed TC 200 penalty in whole or in part.
234 Debit (NPJ) B Assessed Daily Delin­quency Penalty 47, 54BMF: 81, 90, 91 Manual assessment or generated from TC 150 input of $20 Daily Delinquency Penalty to maximum of $10,000.
235 Credit (NPJ) B Abates Daily Delin­quency Penalty 47, 54 Abates previously assessed TC 234/238 penalty in whole or in part.
238 Debit B Daily Delinquency Penalty Generated Transaction Computer generated assessment of $20 Daily Delinquency Penalty to a maximum of $10,000 from return.
239 Credit (NPJ) B Abatement of Daily Delinquency Penalty Generated Transaction Abates a previously assessed TC 238. Also if module contains a TC 234 amount for less than a previously posted TC 238, TC 239 is generated in amount of difference and TC 234 is dropped; if greater, TC 239 is generated for TC 238 amount and TC 239 and TC 234 are posted.
240 Debit (NPJ) I/B A Assessment of Miscellaneous Civil Penalty 47, 54, 51 Computer generated TC 240 post to a tax module when a miscellaneous type penalty is assessed (i.e., other than those penalties which are identified with their own TC or reference no.). See Section 10) for appropriate Penalty Reference Numbers.
241 Credit (NPJ) I/B Abatement of Miscellaneous Civil Penalty 47, 54 Computer generated TC 241 post to a tax module when a previously assessed miscellaneous type penalty is being partially or completely abated. Also abates TC 246 for MFT 06 (Form 1065, BMF only).
246 Debit B 8752 or1065 Penalty Generated Transaction Failure to provide information penalty on 1065 or 8752, gener­ated when a Form 1065 or 8752 is incomplete. Also, failure by large partnerships to file electronically - identified by Reference No. 688.
247 Credit B Abatement of 1065 Penalty Generated Transaction Abates a previously assessed TC 246 when a timely credit posts to a BMF module.
270 Debit (NPJ) I/B Manual Assessment Failure to Pay Tax Penalty 17, 18, 24, 47, 48, 54 Manual computed Failure to Pay Tax Penalty assessed if return liability and/or Examination/DP tax adjustment is not paid on or before date prescribed for payments. BMF/IMF: Restricts penalty computation for this module. Condition code “Z” input with TC 150 generates a TC 270 for zero amount (IMF only).
271 Credit (NPJ) I/B Manual Abatement of Failure to Pay TaxPenalty 47, 54 Manual abatement of previously “net assessed” FTP Penalty (TC 270/276) in whole or in part. Restricts penalty computation for the module unless input with Reason Code 62.
272 I/B/A Failure to Pay Penalty Restriction Dele­tion 47, 54 Removes restriction on computation of FTP Penalty on previ­ously posted TC 270 or 271. Causes recomputation and allows normal computation of Failure to Pay Penalty.
276 Debit (NPJ) I/B Failure to Pay Tax Penalty Generated Transaction Computer-generated FTP Penalty assessed if return liability and/or Examination/DP Adjustment is not paid on or before date prescribed for payment.
277 Credit (NPJ) I/B Abatement of Failure to Pay Tax Penalty Generated Transaction Computer-generated abatement of “net assessed” FTP Penalty (TC 276) in whole or part.
280 Debit (NPJ) I/B Bad Check Penalty 18, 24, 45, 54, 58, 87 Manually computed bad check penalty assessment (may be with a zero amount). The penalty is two percent (2%) of the amount of the dishonored payment, or if the amount of the dishonored payment is less than $1,250, then the penalty is the lesser of $25 or amount of the payment. Effective July 2, 2010, the penalty now includes all “instruments” (forms) of payment. For dishonored checks or money orders received after May 25, 2007, and prior to July 2, 2010, the bad check penalty was only applicable to paper checks and money orders. The penalty was two percent (2%) of the amount of the dishonored payment, or if the amount of the dishonored payment was less than $1,250, then the penalty was the lesser of $25 or the amount of the payment. No penalty was assessed on checks less than $5.00. See IRM 20.1.10 Miscellaneous Penalties.
281 Credit (NPJ) I/B Abatement of Bad CheckPenalty 47, 54 Abates previously posted 280 or 286 transaction in whole or in part. Will post prior to return (Account with no TC 150) if it is the only transaction with the TC 290 and there is an unreversed TC 280 or TC 286 of equal or greater amount in the module.
286 Debit (NPJ) I/B Bad Check Penalty Systemically Generated Transaction Systemically generated bad check penalty assessment initiated by the posting of any of the following TC reversals: 611, 621, 641, 651, 661, 671, 681, 691, or 721.The penalty is two percent (2%) of the amount of the dishonored payment, or if the amount of the dishonored payment is less than $1,250, then the penalty is the lesser of $25 or the amount of the payment. Effective July 2, 2010, the penalty now includes all “instruments” (forms) of payment. For dishonored checks or money orders received after May 25, 2007, and prior to July 2, 2010, the bad check penalty was only applicable to paper checks and money orders. The penalty was two percent (2%) of the amount of the dishonored payment, or if the amount of the dishonored payment was less than $1,250, then the penalty was the lesser of $25 or the amount of the payment. No penalty was assessed on checks less than $5.00. See IRM 20.1.10 Miscellaneous Penalties.
287 Credit B Reversal of Bad Check Penalty Systemically Generated Transaction Systemically reversed any posted, unreversed TC 280/286 when the module status is: “06” with a debit balance and the net TC 28X amount equals the module balance.
290 Debit (NPJ) I/B Additional Tax Assessment 54 Additional tax as a result of an adjustment to a module which contains a TC 150 transaction. TC 290 with zero amount or TC 29X with a Priority Code 1 will post to a -L freeze module. Generates assessment of interest if applicable (TC 196).Releases the following freezes: O-Reactivated Account, -A Duplicate Return, -K Refund Hold, W-470 hold, -R 570 hold, -F Advanced Payment, -X Manual Refund, (TC 290 by itself does not release a –X freeze. Priority Code 8 must also be used. Also, TC 290 PC 8 will not release all –X freezes if the conditions in IRM 21.6.6.3.21.2 (3) and (4) are not met.) P-841/720, -G Math Error, -J Math Error/TDA/BAL DUE, R- RPS, B- Sub­sequent Payment, -Q WPT, 680 Hold (See Freeze Code Sec­tion for specific conditions).TC 290 with zero amount blocked 96X indicates a taxpayer penalty abatement request was considered and rejected. Reversal is TC 290 blocked 97X. Can be used for Civil Penalty assessments on MFT 30, 55, and 13.IMF: Additionally releases 680 hold and freezes for Invalid SSN or Account Reactivation. Needs reason and source codes. May need priority and/or hold codes.
290 Debit (NPJ) I/B Additional Tax Assessment 54 BMF: Releases freezes for 842. TC 290’s, MFT 10, Blocking Series 500-519, have been designated for FUTA use only. A Reference Code of 998 or 999 is generated by BMF files respectively from Alpha Code “T” or “W” along with a valid state code on FUTA Adjustments. May need priority and/or hold codes.IMF: If a TC 888 is input without a TC 886, and the Taxable Income (TXI) on the tax module is greater than .00, then the TXI is automatically adjusted by the TC 888 amount. The TXI on the module will not be adjusted below zero.
290 Debit (NPJ) I/B Additional Tax Assessment TC 290 blocked 180-198, 780-789, 960-969 or 980-989 (MFT 55: Blocking Series 530-539, 960-969, and 980-989. Exception: prior control is doc code 54 blocked 59X), will generate a CP55 Notice to Re-file Return.Re: Form 1042, 290-to increase tax lia­bility no reference number is used, 291-to decrease tax liability no reference number is used, 150-reference number “011” to update the gross income paid See section 8 for credit reference adj. codes.
291 Credit (NPJ) I/B Abatement Prior Tax Assessment 54 Abates a previously posted 150 and/or 290 or 300 in whole or in part.Generates abatements (TC 197) of computer-generated interest where applicable.Releases same freezes and holds as TC 290. TC291’s, MFT 10, Blocking Series 500-519, have been designated for FUTA use only. A Reference Code of 998 or 999 is generated by BMF files respectively from Alpha Code “T” or “W” along with a valid state code on FUTA Adjustments. May need priority and/or hold codes. IMF needs reason and source codes.
294 Debit (NPJ) I/B Tentative Carryback Disallowance with Interest Computation Date 54 Used to adjust a previously posted tentative allowance (e.g. TC 295 or 305), contains a beginning interest computation date, and can carry TC 290, 291 or penalty code. To post, a TC 295 or 305 must be present in the module and the TC 294 amount cannot exceed the TC 295 or 305 amount. Otherwise, same as TC 290. Blocking Series 900-909 will generate a CP 55.
295 Credit (NPJ) I/B Tentative Carryback Allowance with Interest Computation Date 54 Used to input a tentative allowance, contains a beginning inter­est computation date, and can carry TC 290, 291 or penalty code. Otherwise same as TC 291. Will post to module even if AIMS Indicator (TC 420) is on.IMF: Will resequence until inter­est computation date is earlier than current 23C date.BMF: Will unpost (UPC 497, RC2) with secondary TC date later than cur­rent 23C date. Valid with tax class 2 or 3 only.Form 1045, Application for Tentative Refund, is used by taxpayers.Form 1139, Corporation Application for Tentative Refund, is used by corporations. Claims refund from carryback of a net operating loss, unused general business credit, unused research credit, net capital loss or overpayment of tax due to a claim or right adjustment under section 1341(b)(1) or 6411; Regs. Sec. 1.6411-1. Blocking Series 900-909 will generate a CP 55.
298 Debit (NPJ) I/B Additional Tax Assessment with Interest Computation Date 54 Used to input an additional assessment of tax to a module which contains a TC 150. Generates assessment of interest from the interest computation date which must be included in the transaction.BMF: Can be used with another tax adjustment code on the same document (record) i.e., TC 290 or 291, but is not acceptable with TC 294 or 295. Can also be used with pen­alty codes and interest codes. Otherwise same as TC 290. IMF: Cannot be used with other tax and interest transaction codes, but may be used with penalty codes. Otherwise same as TC 290.
299 Credit (NPJ) I/B Abatement of Prior Tax Assessment Inter­est Computation Date 54 Used to input an abatement of tax to a module which contains a TC 150.Generates abatement of interest and FTP penalty from the interest computation date which must be included in the transaction. BMF: Can be used with another tax adjustment code on the same document (record) but is not acceptable with TC 294 or 295. Can be used with penalty codes and interest transaction codes. Otherwise same as TC 291.IMF: Same as TC 291. Will resequence until interest computation date is ear­lier than current 23C date.BMF: Will unpost (UPC 497, RC2) with secondary TC data later than current 23C date.
300 Debit (NPJ) I/B Additional Tax Assessment by Examination or Appeals. 47 Assesses additional tax as a result of an Examination or Appeals Adjustment to a tax module which contains a TC 150 transaction. Generates TC 421 to release 42 Hold if Disposal Code 1-5, 8-10, 12, 13, 34 and TC 420 or 424 present. If TC 420 or 424 is present, TC 421 is generated when disposal code of 1-4, 8-10, 12 (only if Appellate Code is 000 or if TC 300 blocked 700-799) 13, or 34. Releases freezes for 640, 720, 840 or 841. IMF: Additionally releases TC 680 hold and freezes for Invalid SSN or Account Reactivation. Blocking Series 790-799 or 900-999 will generate a CP 55. BMF: Releases freezes for Joint Committee or TC 842.
301 Credit (NPJ) I/B Abatement of Tax by Examination or Appeals 47 Abates a previously posted TC 150, 290 and/or 300 in whole or in part. Generates abatements of computer generated interest where applicable. (TC 197 or 337) Releases same freezes and holds as TC 300. Blocking series 790-799 or 900-999 will gen­erate a CP 55.
304 Debit (NPJ) I/B Tentative Carryback Disallowance by Exam with Interest Computation Date 47 Adjusts a previously posted tentative allowance (e.g., TC 305 or 295), contains a beginning interest computation date. To post, a TC 305 or 295 must be present in the module and the TC 304 amount cannot exceed the TC 305 or 295. Otherwise, same as TC 300.
305 Credit (NPJ) I/B Tentative Carryback Allowance by Exam with Interest Computation Date 47 Inputs a tentative allowance, contains a beginning interest computation date. Otherwise, same as TC 301. Valid with Tax Class 2 and 3 only.
308 Debit (NPJ) I/B Additional Tax Assessment by Examination or Appeals with Interest Computation Date 47 Inputs an Examination Deficiency of tax to a module which con­tains a TC 150. Generates assessment of interest from the interest computation date which must be included in the trans­action. BMF-Can be used with another tax adjustment code, except TC 304, 305 or 309. Can be used with penalty and inter­est transactions. Otherwise same as TC 300. IMF-Cannot be used with other tax transaction codes, but may be used with interest and penalty codes.
308 Debit B Additional Tax or Deficiency Assessment by Examination or Collection with Interest Computation Date 47 Input on Examination Deficiency on Employment tax module in which interest is restricted due to IRC Section 6205.
309 Credit (NPJ) I/B Abatement of Prior Tax Assessment by Examination Div. with Interest Computation Date 47 Used to input an Examination Overassessment of tax to a module which contains a TC 150. Contains an interest computation date which must be included in the transaction and generates abatement of interest from that date. Cannot be used if the amount of tax in the module is smaller than the amount on the Form 2285 that could be input with TC 309. BMF-Can be used with another tax adjustment code, except TC 304 or 305 on same document i.e. TC 300 or 301. Can be used with penalty and interest transactions. IMF-Cannot be used with other tax transaction codes, but may be used with interest and penalty codes.
310 Debit (NPJ) I Penalty for Failure to Report Income from Tips 47, 54 Assesses penalty for taxpayer’s failure to report Tips Income.
311 Credit (NPJ) I Tip Penalty Abate­ment 47, 54 Abates previously posted unreversed TC 310, in whole or in part.
320 Debit (NPJ) I/B Fraud Penalty 47, 54 Assesses Fraud Penalty.
BMF/IMF: Restricts FTP Penalty on Fraud Penalties assessed under IRC 6653(b) for returns due before 1/1/1989.
321 Credit (NPJ) I/B Abatement of Fraud Penalty 47, 54 Abates a previously posted 320 transaction in whole or in part.
BMF/IMF: Releases restriction on FTP Penalty.
336 Debit (NPJ) I/B Interest Assessment on Addi­tional Tax or Deficiency Generated Transaction Assess computer-generated interest on additional tax or deficiency assessed upon posting of an Examination Adjustment (TC 300 with Doc. Code 47) and issuance of the adjustment notice.
337 Credit (NPJ) I/B Abatement of Interest Assessed on Addi­tional Tax or Defi­ciency Generated Transaction Abates previously posted 190, 196 or 336 interest assessment in whole or in part. Computer-generated when an Examination Adjustment TC 301 posts.
340 Debit (NPJ) I/B Restricted Interest Assessment IMF: 11, 12, 21, 22, 47 51, 54 IRAF/BMF: 47, 54 Restricted interest which must be manually computed. IMF/BMF.
Caution: After posting, interest is not computed or abated by computer for the applicable Tax Module and assessed interest thereafter must be computed manually and input with a TC 340 or 341. TC 34X inputs posting after 010195 will allow the accruals of interest to be non-restricted from the “Interest-To-Date” with an “Interest-Comp-Amount” input using AMCLS or ADJ54 unless reference number 221 or 222 is included with the action. IMF: TC 150 with Condition Code Z generates TC 340 for zero amount, turns on debit restricted interest indicator and restricted FTP penalty indicator. TC 500 generates TC 340.
341 Credit (NPJ) I/B Restricted Interest Abatement 47, 54 Abates a previously posted TC 190, 196, 340 or 336 in whole or in part.
Caution: After posting, interest cannot be assessed or abated by computer for the applicable Tax Module and assessed interest thereafter must be computed manually and input with a TC 340 or 341.
342 I/B Interest Restriction Deletion 47, 54 Removes restriction on the computer computation of interest set by a previously posted TC 340 or 341, and allows the com­puter to recompute normal interest. TC 342 may not be input without first securing the source document for the TC 340/341 and making the determination that the TC 340/341 was unnec­essary. Can only be input for 0 amount. CAUTION: TC should not be used without first determining interest should not be restricted.
350 Debit (NPJ) I/B Negligence Penalty I/B: 11, 12, 21, 22 All: 47, 54 Assesses all types of negligence penalties.
351 Credit (NPJ) I/B Negligence Penalty Abatement 47, 54 Abates a previously posted TC 350 in whole or in part.
360 Debit (NPJ) I/B Fees and Collection Costs 17, 18, 24, 48, 54, 58 Assesses legal fees, security and sale cost, lien fees and other expenses incurred while enforcing collection of delinquent bal­ance due for the Tax Module.
361 Credit (NPJ) I/B Abatement of Fees and Collection Costs 54 Abates a previously posted 360 transaction in whole or in part.
370 Debit (PJ) I/B Account Transfer-in I/B: 52 All: 51 Transfers a tax module from Retention Register to Master File. Posts all accompanying transactions input as a part of the transaction. This transaction shows assessments, abatements, credits and debits which are being transferred to an account on the MF. The list of valid transactions shown in IRM 3.17.21, Credit and Account Transfers. If transaction goes unpostable with UPC 171, Master File will not show TC 370.
370 Prompt, Quick and Jeopardy Assessments Doc. Code 51 includes all prompt, quick and jeopardy assessment transactions.
380 Debit (PJ) I/B Overpayment Cleared Manually (Under $1) 51 Manual Clearance of overpayment for less than $1.00. Input only as a part of an Account transferred in; see TC 370.
386 Debit (NPJ) I/B Clearance of Over­payment Generated Transaction Computer generated debit which equals a credit net balance of less than $1.00. Clears Module Balance so refunds, offsets, or freezes cannot be made in amounts less than $1.00.
387 Credit (NPJ) I/B Reversal of Clearance of Overpayment Generated Transaction Generated when posting a TC971 AC 652. The transaction date of the TC971 AC 652 must match the date of the TC386.
388 Debit (NPJ) I/B Statute Expiration Clearance to Zero Balance and Removal Generated Transaction Zero balances and removes a tax module which is past its Statutory Expiration Date and not subject to specific module retention holds. Contains the credit balance of the module. Writes off interest amounts present.
389 Credit (NPJ) I/B Reversal of Statute Expiration Generated Transaction Reverses TC 388. Generated when TC 370 with Doc. Code 52 is processed.
IMF only: Generated from automatic re-estab­lished on Tax Modules.
400 Credit (NPJ) I/B Account Transfer-Out 51 or Generated Trans­action Transfer accounting control out of the Master File. Can be reversed by input of TC 370 with secondary TC 402. After posting, all subsequent transactions (except TC 370 with secondary TC 402) are unpostable. Also generated when an attempt is made to post to a tax module with maximum transactions. IMF: Can be computer generated if tax module transaction section has exceeded maximum posting size. BMF: Will generate TC 400 if tax module transaction section has an overflow condition after normal and/or special consolidation analysis has been performed. Identified by blocking series 999. Generates CP296.
402 Debit (PJ) I/B Account Re-Transferred-In 51 Valid only as the first secondary transaction to TC 370. Reesablishes an Account Transferred-Out by debiting the Tax Module. Transaction date and amount are determined from the last posted TC 400.
420 I/B/E Examination Indicator 29, 77 Computer generated at SC when opening record is posted. Can be input on Form 3177. Indicates that return has been referred to the Examination or Appeals Division. Generally, if TC 420 is unreversed, TC 290, 291, 298 and 299 will unpost unless Priority Codes 1, 5, 6, 7, or 8 present. (See UPC 160, 330) Module will not be removed from MF. TC 290 with zero amount, 294 or 295 will post. (TC 294, 295, 298, 299-BMF/IMF only.) The return has been assigned in the Examination or Appeals Division.
421 I/B E Reverse Examination Indicator 47, 77 or Generated Transaction Generated at MCC when TC 300 posts with a Disposal Code of 1-5, 8-10, 12, or 34 to module and an unreversed TC 420, or 424 is present. Can be input directly with Doc. 47 or on Form 3177. Reverses TC 420 or 424.
424 I/B/E Examination Request Indicator 77 Return referred to Examination or Appeals Division. Generates Examination opening inventory information. Deletes record, if present, from DIF file. This transaction can also be generated for IMF when an IRP Underreported Case is referred to Exam. Generated as a result of input through PCS
425 I Reversed TC 424 Generated Transaction A TC 424 which was reversed.
427 B Requests Returns from SERFE file 77 Requests blocks or return from the SERFE file
428 I/B/E Examination or Appeals Case Transfer Generated Transaction Updates the AIMS Control Number D.O. or SC Code on unreversed TC 420 or 424. Does not post to the IMF or BMF as a transaction. Generated when an Examination or Appeals Division case transfer is entered on the AIMS terminal. Contains the DO or SC code to which the case is being transferred. CC 89 allows refund & credit elect but prevents offset.
429 I/B Request AIMS Update from MF 77 Request that an update record reflecting current MF information be sent to the AIMS data base. Does not post to MF. Also used to release tax shelter freeze (-E).
430 Credit (PJ) I Estimated Tax Declaration 20, 61 Posts to the MF and establishes a tax module, if necessary, to record ES tax payment. Reversed by TC 661 or 662.
430 I Entity Created by TC 430 Generated Transaction Indicates that the Master File Entity was created from the posting of the ES payment. Posts to the Entity.
431 Obsolete
432 I Entity Updated by TC 430 Generated Transaction Designates an Estimated Tax Declaration which updated Entity Data and is posted to the Entity Transaction Section.
446 I/B E Merged Transaction Indicator Generated Transaction Posts to the MF module which receives the merged transactions from the module which is dissolved. Contains current cycle and a list of the transactions merged in the cycle the TC 446 posts. The transactions contain a cycle prior to that of the TC 446.
450 Debit (PJ) I/B Transferee Liability Assessment May be posted as part of 370 transaction only.
451 Credit (PJ) I/B Reversal of TC 450 Abates previously posted TC 450 in whole or in part. Posted as part of 370 transaction only.
459 B Prior Quarter Liability, Forms 941 and 720 Generated Transaction Records the liability of the immediately prior quarter for use in assessing FTD penalty. MCC generates the transaction when the 150 return attempts to post.
460 I/B P Extension of Time for Filing All: 77 I/B 17, 19 B: 04, Generated Transac­tion P:64 B/19 E: 77 Doc. Code 77: IMF-Form 4868 extension for other than automatic 6 months and Form 2350. Form 4868 with international FLC (20, 21, 66 and 98) in DLN maximum extension to 12/15/YYYY (U.S. citizens who live and work or serve in the military abroad). International DLN with Blocking range 400-499 indicates Form 2350. Form 2350 maximum extension to RDD plus 11 1/2 months. BMF-Forms 7004/8868/5558/8892. Establishes a Tax Module, updates Status to 04, and updates related filing requirements except for Forms 706 and 709. Applies to 706-GS (D), 706-GS (T), 1041(estate other than a bankruptcy estate) 1041 (bankruptcy estate only) 1041-N, 1041-QFT, 1042, 1065, 1065-B, 1120 series, 3520-A, 8612, 8804, 5330, 990, 990-EZ, 990-BL, 990-PF, 990-T series, 1041-A, 4720, 5227 and 709. Doc. Code 17, 19 AUTOMATIC EXTENSION FORM 4868 IMF ONLY. TC 460 as a secondary transaction with TC 670 indicates approved auto­matic extension. TY 2006 and subsequent generates Extended Due Date to October 15 (i.e. RDD plus six months). BMF: Generated when TC 670 with Second­ary TC 460 is input to MFT 51 module. Extended due date on generated TC 460 is October 15 of the following year (i.e. RDD plus six months). Also generated when approved extension TC 620 posts to MFT 02/05/06/07/08/12/33/34/36/37/42/66/67/76/77/78, Exception: MFT 05 (Form 1041 (estate other than a bankruptcy estate) only), MFT 06 (Form 1065 only) and MFT 08, Generated Extended Due Date to RDD plus 5 months. For MFT 36/37/44/67, first approved extension generated Extended Due Date to RDD plus 3 months; second approved extension generates Extended Due Date to RDD plus six months. EPMF: Doc Code 77 Form 5558 MFT 74 posts to EPMF.
462 I/B/E Correction of a TC 460 Transaction Pro­cessed In Error 77 Corrects erroneous posting of TC 460 by re-establishing the due date and restoring prior status. Zero the FRC for any MFT where: a) a TC462 reversed an erroneous TC 460 which estab­lished the tax module; and, b) the TCs 460/462 are the only TCs posted to the module; and, c) after posting the TC 462, the Status updates to “00”.
463 B Waiver to file on mag. tape 77 Taxpayer claims hardship to file information documents on magnetic tape. TC 463 provides a waiver for allowing submission of paper documents.
464 B Reversal of TC 463 77 Reverses TC 463 to allow submission of paper documents.
468 B Extension of Time to Pay Estate Tax 77 Allows IDRS to recognize an extended payment date and may post before or after the TC 150 posts. This extension (Form 4768) give the taxpayer relief from the failure to pay penalty (but NOT from interest) from the return due date until the approved extended payment date. It is only applicable for Form 706 (MFT 52 and 53). Approved Forms 4768 will reflect an extended due date for payment of tax. Disapproved Forms 4768 will reflect last due date for payment of tax. CSED will be updated based on approved extension dates (see IRC 6503(d)). IDRS will allow more than one TC 468 and will recog­nize the last one input to the module. Closing codes will reflect the following:
CC01 = denied extension on TC 150 assessment
CC02 = extension on TC 300 assessment
CC03 = denied extension on TC 300 assessment
CC04 = Appeals case
469 B Reversal of TC 468 77 Corrects erroneous posting of TC 468 by re-establishing the payment due date and restoring prior status. TC 469 will reverse only the last TC 468 input.
470 I/B Taxpayer Claim Pend­ing 77 See TC 470 Closing Code Chart (Chapter 11.8(7)) for Closing Code Activity. Prevents notices from going out. TC 470, CC 97 post to entity also.
471 I/B Reversal of Taxpayer Claim Pending 51, 52 When posted, no reversing action is taken. It is treated as a TC 472 when analysis of the account is made.
472 I/B Reversal of Taxpayer Claim Pending 24, 48, 77 Records that a TC 470 was processed in error. Reverses TC 470. Input of Collection Closing Code 99 is required to reverse a TC 470 with Closing Code 99. IMF: Permits normal issuance of TDA/BAL DUE whenever no adjustment is to be input. Closing Code 94, 95 or 96, 98, 99 required to reverse TC 470 CC 94, 95 or 96, 99 respectively. Closing Code 98 required to reverse TC 470 CC 98. Next notice or TDA/BAL DUE issued is dependent on the sta­tus when TC 470 was input to module.
474 I/B/E Interrupts Normal Delinquency Processing 49,77 Creates unscheduled delinquent return period on ECC Master File or to prevent IDRS Delinquency notice or TDI/DEL RET issuance for specific Delinquent Return notice status period present on IDRS Taxpayer Information File (TIF). Establishes tax module; posts status 02 with status indicator “C” to module when established or if module has status less than 02. BMF or EPMF delinquency check will issue Compliance for 02 “C” Status Period on first check made after TC 474 is reversed or after number of cycles (input with TC 474) has expired since posting. Expiration of TC 474 delay (number of input cycles) or reversal of TC 474 will cause the module to revert to the prior TDI/DEL RET notice status and continue TDI/DEL RET processing. Use TC590 & reverse with TC592 to force account into TDI/DEL RET status.
475 I/B/E Permits TDI/DEL RET Issuance 49,77 Reverses TC 474.
480 I/B Offer-in-Compromise Pending 77 Module Notice Transcript “OIC”. A change in module balance during a posting cycle will cause a Module Notice Transcript “OIC”. Posting of TC 788, generates an “OIC”. Notice Transcript and then discontin­ues further issuance of an “OIC” Notice Transcript. Tax Modules are frozen from offsetting out (IMF only) and refunding. Suspends Assessment and Collection Statute Expiration Dates. Jurisdictional Codes: 1=DO Collection; 2=Examina­tion; 3=Appeals; 9=SC Collection
481 I/B Offer-in-Compromise Rejected, Returned (Processable) 77 Records date of rejection and return of termination of offer. Does not extend TFRP Assessment Statute Expiration Date. Generates “OIC” transcript and discontinues further OIC transcripts.
BMF/IMF: Extends Assessment and Collection Statute Expiration Dates. Over the years various changes in the tax law have had an effect on the statutory collection period. Releases TC 480 freeze.
482 I/B Offer-in-Compromise Withdrawn, Terminated 77 Records date of withdrawal or termination of offer. Does not extend TFRP Assessment Statute Expiration Date. Generates OIC Transcript and discontinues further transcripts.
BMF/IMF: Extends Assessment and Collection Statute Expiration Dates. Over the years various changes in the tax law have had an effect on the statutory collection period. Releases TC 480 freeze.
483 I/B Correction of Erroneous Posting of TC 480, Returned (Not Processable) 77 Records information that TC 480 OIC was posted in error, or returned because OIC was not Processable. Does not extend Assessment and Collection Statute Expiration Dates, reverts to normal date. Generates OIC Transcript but discontinues further OIC transcripts.
488 B Installment and/or Manual Billing 77 Updates Module status to “14”, deletes any TDA/BAL DUE deferred actions pertaining to the module, and (on non cc “S” Form 1041) establishes the appropriate deferred action to issue CP 191, on BMF. Note: Status “14” is released by zero or credit bal­ance, a subsequent debit balance does not update status to “14”. (BMF - Form 1041 and 706).
489 B Installment Defaulted 77 Updates module status to “21”, delete any deferred action to issue CP 191 and go through TDA/BAL DUE analysis.
490 P Mag Media Waiver 64 Shows that a waiver of magnetic media filing requirements was issued.
494 B/I Notice of Deficiency 77 Indicates that a Statutory Notice of Deficiency (90-day) was issued. Issuing Organization Code two position numeric only (70, 71, 84). CC: STN 90
495 B/I Closure of TC 494 or correction of TC 494 processed in error 77 Closure of Notice of Deficiency or Notice of Deficiency processed in error. Issuing Organization Code two position numeric only (70, 71, 84). CC: STN 90
500 I Military Deferment 77 Suspends Collections Statute Expiration Date. New expiration date is input with TC 550. Hold is established if tax module balance is debit; hold is released when balance becomes zero or credit and when TC 502 or 550 is posted. Generates TC 340 Valid CC 50 or 51. See Section 11.8(6) Collection, for appropriate closing codes.
502 I Correction of TC 500 Processed in Error 77 Corrects an erroneously posted military deferment and restores the original Collection Statute Expiration Date. Releases Hold established by TC 500. TC 502 does not release the interest and/or penalty freezes. A TC 290 must be input with the appropriate TC.
503 77 TC 500 changed to 503 when posting TC 502
510 I Releases Invalid SSN Freeze on Refunds 77 Releases invalid SSN freeze indefinitely, as long as SSN/Name Control remain unchanged.
520 I/B IRS Litigation Instituted 77 or Generated Transaction Freeze is released by TC 521 or 522. Some CCs suspend CSED. See Section 11.8(8). For IMF only an optional CSED TIN indicator (P) Primary, (S) Secondary or (B) Both can be used to identify which taxpayer the extension applies to. (See Section 11 for appropriate closing codes)
521 I/B Reversal of 520 77 Records reversal of a previously posted TC 520. If TC 520 posted prior to cycle 8624, TC 550 must be input to extend the CSED. Refer to section 11.8(8) for specific CC reversal activity.
522 I/B Correction of 520 Processed in Error 77 Indicates and reverses previously posted 520’s as an error, and causes Closing Codes, if 70-89, to be updated to zeros.
524 Collateral Agreement Pending Indicates that a Collateral Agreement is pending. Suspends Collection action (IDRS only-Does not post to master file)
525 Collateral Agreement No Longer Pending Reverses TC 524.
528 I/B Terminate Stay of Collection Status Terminates the stay of collection status 41 or 42. When a TC 528 pends to a module, it comes out of status 41/42. New status is determined by status prior to 41/42. (IDRS only-Does not post to master file).
530 I/B Currently not Collectible Account 77 A balance due account is considered currently not collectible. Closing Code is 01-39. (see Section 11 TDA/BAL DUE Closing Codes for appropriate closing codes) TC 530 CC 08 generates TC 540 and set the MFR to 8.
531 I/B Reversal of a Currently not Collectible Account 77 Indicates that the Account is now considered collectible.
532 I/B Correction of 530 Processed In Error 77 Indicates the previously posted 530 is in error.
534 Credit (PJ) I/B Expired Balance Write-off, accrued or assessed 54 May be input for zero or with an amount. If input with an amount, it credits the tax module for the portion of assessed module balance on which the CSED has expired and restricts the computer from interest and Failure to Pay Penalty computa­tions.
535 Debit (PJ) I/B Reversal of Expired Balance Write-off 54 Reverses a TC 534 in whole or in part by debiting the tax module for the amount of the module balance which was written off incorrectly. If it completely reverses the TC 534 amount, the restrictions on computer computation of interest and FTP Pen­alty are removed.
537 I/B Reversal of Currently not Collectible Account Status Generated Transaction Reversal of TC 530. Is generated when a TDA/BAL DUE is reissued as a result of the TPI (Total Positive Income) reported on a subsequent return, or the posting of a change of address or TC 150, TC977 to account in Currently not Collectible status with closing Code 03.
538 B Trust Fund Recovery Penalty Cases 54 When input with an amount equal to or less than module balance, to reduce the outstanding balance of the module without reducing the tax liability. 1) if TC 538 attempts to post to other than a MFT 01/03/09/11/12 tax module or, 2) if TC 538 attempts to post to a module where a TC 971 AC 93 is not present, or, 3) when TC 538 or multiple TCs 538 exceed the module balance it will unpost.
539 B Trust Fund Recovery Penalty Cases 54 Reverses TC 538 in whole or in part, multiple TCs 538 may be reversed with a TC 539 with the same date.
If TC 539 attempts to post to a module where a previously posted TC 538 is not present, or
If TC 539 attempts to post to a module and does not have the same date as the previously posted TC 538 or the TC 539 amount exceeds the amount of TCs 538 with the same date, it will unpost.
540 I Deceased Taxpayer IMF: 61, 09, 10, 26, 27, 72, 73 Both: 11, 12, 21, 22, 77 Records death of taxpayer. Changes FR Code to “8” so blank returns are not mailed. Also may be generated as the result of a return (TC 150) posted with Condition Code “A” or “F” or by TC 530 CC 08. IMF: released by TC 542.
542 I Correction of 540 Processed in Error 77 Indicates the previously posted 540 was in error. FR is changed to “4” (IMF).
550 I/B Waiver Extension of Date Collection Statute Expires 77 Extends the Collection Statute Expiration Date to the data input with this transaction. For IMF only, an optional CSED TIN indicator (P) Primary, (S) Secondary, or (B) Both can be used to identify which taxpayer the extension applies to. TC550-Definer-CD required with TC 550 input.
560 I/B/E Waiver Extension of Date Assessment Statute Expires 77 B/E Generated Transaction Extends the Assessment Statute Expiration Date to the date input. BMF: Generated when TC 300/301 posts with a Statute Extended Date that is equal to ASED on latest dated unreversed TC 560/564 already posted to the module. EPMF: Can be computer generated when a TC 421 posts with an EP Statute Date that is later than the module’s current ASED.
570 I/B Additional Liability Pending and/or Credit Hold I/BA/A; 17, 18, 24, 48, 58, 77 I/B; 09, 10, 11, 12, 21, 22, 26, 27 I: 61 Indicates additional liability pending. Freezes (-R freeze) module from refunding or offsetting credit out. TC 570 can be generated to establish frozen status by the following:
IMF/BMF:
A return (TC 150) posted with CCC “3 (IMF) or CCC “X” (BMF).
Document code 34 credit transaction input with credit freeze code.
TC 670 posts creating a credit balance and an unreversed TC 420 or 424 is posted to module.
A document Code 54 with TC 291 and Priority Code 7 in blocking series 740-769.
TC 150 blocking series 920-929.
TC 24X with ref­erence number 699.
TC 680 if results in credit balance of $5 or more.
TDI/DEL RET Refund Hold (Julian Date 999)
BMF:
When Form 706 module, in installment status 14, goes to credit balance.
BMF: Generated when form 706 (MFT 52) in status 14 (installment) goes to credit balance, except when a prior TC 460 is posted. Use module control DLN. Frozen status released by the following:
TC 571 or 572.
Module goes to zero or debit balance (except when module contains any TC with Doc Code 33 in the DLN.
Posting of TC 30X (except with disposal code 7 or 11).
Posting of TC 29X (except with priority code 6 or 7 or blocked 200-299).
TC 150 § TC 840 blocked 920-929.
TC 29X with TC 180 with zero amount if there is no unreversed TC 180 or 186 posted.
Zero balance, TC 290 or 300 PC 8, TC 571 or TC 572.
571 I/B Reversal of TC 570 77 Releases the 570/576 freeze status.
572 I/B Correction of 570 Processed in Error 77 Used to remove TC570/576 Input in error.
576 Debit (PJ) I Unallowable Tax Hold Generated Transaction Generated by TC 150 with a Credit Balance and Unallowable Tax. Holds the Unallowable Tax to the extent of the Credit balance in suspense. Freezes the amount of the TC 576 from refund and offset out. Resequence all Debit transactions includ­ing generated Doc. Code 34 debits and transfer in (TC 370) except TC 667 & 896. (This amount has not been assessed).
577 Credit (PJ) I Reversal of TC 576 Generated Transaction Generated by TC 300, 571, 572 or TC 421 with Doc. Code 47 and Disposal Code 20-25, 27, 29, 31-33, 35 or 36. Restores TC 576 Unallowable Tax into the tax module and releases 576 hold.
582 I/B Lien Indicator 77 Federal Tax Lien has been filed for this tax period. This transac­tion can represent two different types of liens; “Self-releasing” and “Re-filed”. Each will have a unique indicator setting. On IMF this transaction is also used as a “2032A Indicator” and a Carry-over Basis Indicator. On BMF, used to post “2032A Elec­tion” (F706) or “2032A Heir” data (F1120, 1041, or 1065) or to post cross-reference SSN data (F720, Abstract no. 52).
Generated to post to the entity when an MFT 01/11 TC 150 is input with a significant “parent EIN” field. Use the DLN for the TC 582 being generated and include the “parent EIN” in the TC 582.
Generated to post the entity when a F1120/1120A/1120S/1041/1065 TC 582 posts to a tax module. Use the DLN of input TC 582 as the DLN for the TC 582 being generated.
583 I/B Reverse Lien Indicator 77 or Generated Transaction Reverses TC 582. Deletes Cross-Reference SSN (BMF only). TC 583s will be generated in the conversion run for those modules where the last CSED has expired and the first “lien only” TC 582 posted after cycle 198301 (BMF), or 198313 (IMF) (i.e. “Self-releasing” liens).
Posts a cross reference TIN from a transfer on a revenue receipt transaction.
Effective 1/2007, TC 583 must be used with one of the following definer codes: DC 1 - released DC 2 - withdrawal due to administrative error DC 3 - withdrawal due to other provision DC 4 – erroneous NFTL DC 5 - self-released (expired NFTL)
586 B Transfer/revenue receipt cross-ref TIN 24, 48 Posts a cross reference TIN from a transfer on a revenue receipt transaction.
590 B/I/E Satisfying Trans. 14, 49 or Generated Transaction Not liable this tax period. Satisfies this module only. Requires a three digit closing code for IDRS input. See Section 11.8(3) for appropriate closing codes.
591 B/I/E Satisfying Trans. 14, 49 or Generated Transaction No longer liable for tax. Satisfies this module and all subsequent modules for same MFT if not already delinquent. Requires a three digit closing code for IDRS input. See Section 11.8(3) for appropriate closing codes.
592 B/I/E Reverse 59X Trans 14, 49 Reverse any previously posted TC 59x (regardless of the TC 59x cc) present in the module. Updates FRC from 0 to 1.
593 B/I/E Satisfying Trans 14, 49 or Generated Transaction Unable to locate taxpayer. Satisfies this module and all subsequent modules for same MFT. Requires a three digit closing code for IDRS input. See Section 11.8(3) for appropriate closing codes. TC 593 updates the Filing Requirement Code to zero. Note: when an address change posts to the entity, a TC 592 is generated 1 cycle later for each module with a RDD within the previ­ous 5 years of the current 23C date.
594 B/I/E Satisfying Trans 14, 49 Return previously filed. Satisfies this module only. Requires a three digit closing code for IDRS input. See Section 11 for appropriate closing codes.
595 B/I/E Satisfying Trans 14, 49 Referred to Examination. Satisfies this module and all subsequent modules for same MFT. Requires a three digit closing code for IDRS input. Updates FRC to zero. See Section 11 for appropriate closing codes.
596 B/I/E Satisfying Trans 14, 49 #Referred to Criminal Investigation. Satisfies this module and all subsequent modules for same MFT. Requires a three digit closing code for IDRS input. Updates FRC to zero. See Section 11 for appropriate closing codes.#
597 B/I/E Satisfying Trans 14, 49 Surveyed. By National Office direction only. Satisfies this module only. Requires a three digit closing code for IDRS input. See Section 11 for appropriate closing codes.
598 B/I/E Satisfying Trans 14, 49 Shelved. By National Office direction only. Satisfies this module only. Requires a three digit closing code for IDRS input. See Section 11 for appropriate closing codes.
599 B/I/E Satisfying Trans 14, 49 Return secured. Satisfies this module only. Requires a three digit closing code for IDRS input. See Section 11 for appropriate closing codes.
600 Credit (PJ) I/B/E Underpayment Cleared Manually (Under $5) Manual Clearance of underpayment for less than $5.00. Input only as a part of an account transferred in: see TC 370.
604 B/I Assessed Debit Cleared Generated transaction Generated when a TC 971 AC 31/32 posts and the module balance is debit. Post TC 604 to the module for the amount of the assessed balance. Accrued Interest and Accrued Penalty fields will be posted. Update Status as appropriate. A TC 604 Indicator (restricting penalty and interest) will be displayed in the tax module balance section. The Julian date of the generated TC 604 should be modified to be 999 for AC 31 and 998 for AC 32. When TC 608 posts, extract to IDRS if the module is under IDRS control.
605 B/I Generated Reversal of TC 604 Generated transaction Generated TC 605 for the full amount of the previously posted unreversed TC 604 when a TC 972 AC 31/32 posts.
606 Credit (NPJ) I/B Underpayment Cleared (Under $5) Generated Transaction Clears any debit (plus) net balance less than $5.00. For MFT 61 debit balance must be under $1.00.
607 Debit (NPJ) I/B Reversal of Underpayment Cleared Generated Transaction Reverses a previous write-off under certain conditions if a dishonored check is posted to a module or a remittance is received which equals or is less than the amount of a previous small balance write off.
608 Credit (NPJ) I/B Statute Expiration Clearance to Zero Balance and Remove Generated Transaction Generated weekly when Collection Statute Expiration Date expired and module assessed balance is debit. Post TC 608 to the module for the amount of the assessed balance. Accrued interest and accrued penalty fields will be posted. Update sta­tus as appropriate. The TC 608 will carry a zero amount when the assessed balance is already zero and there are only accruals of FTP and/or interest when the last module CSED expired.
609 Debit (NPJ) I/B Reversal of Statute Expiration Generated Transaction Generate TC 609 for the full amount of previously posted unreversed TC 608 when:
a subsequent transaction carrying a money amount posts, or
CSED is extended or suspended. For partial reversals, subsequent to the generation of the TC 609 generate TC 608 for the remaining balance. Prior to 1993: Generated with transaction code 370 (Doc Code 52). Issue a new TDA/BAL DUE Information Record when current module status is TDA/BAL DUE status or Status 12 preceded by TDA/BAL DUE status, the total module balance is $25.00 or more, and a TC 609 posted in the current cycle but there is no TC 29X or TC 30X posting in the current cycle.
610 Credit (PJ) I/B Remittance with Return IMF: 11, 12, 17, 18, 19, 21, 22, 24, 26, 33, 34, 58, 70,76 BMF: 03, 05, 06, 08-14, 16-20, 24, 25, 34, 38, 40-44, 46, 58, 65, 70, 71,76, 81, 83, 90, 91, 95 Credits the tax module with a payment received with the return, including payment with voucher.
611 Debit (PJ) I/B Dishonored Remittance with Return 19, 24, 58, 87 Reverses a dishonored payment submitted with return. Reduces TC 610 credit in whole or in part.
BMF/IMF: If not accompanied by a secondary TC 280, a TC 286 is systemically generated.
612 Debit (PJ) I/B Correction of 610 Processed in Error 19, 24, 34 Reverses a 610 transaction in whole or in part that is posted in error by debiting the Tax Module for the amount of the remittance with return.
Note: Form MFT 04, only valid for tax peri­ods subsequent to 199412 (not valid with 34 doc code).
620 Credit (PJ) B Initial installment pay­ment: Form 7004, MFT 02, 05, 06, 07, 08, 12, 33, 42, 77, 78;  Form 8868 (TY 2005 and subsequent), MFT 34, 36, 37, 44, 50, 67; Form 5558 (TY 2007 and subsequent), MFT 76. 04, 17, 19 Credits the module with the remittance received with the Form 7004. Form 7004 TC 620 Doc Code 04 generates TC 460 to extend the due date (if Condition Code “L” not present) for filing return and generates Status Code 04 for 1120 series,706-GS(D), 706-GS(T), 1041, 1041-N, 1041-QFT, 1042, 1065, 1065-B, 3520-A, 8804 or Status Code 14 for Form 8868. Form 8868 - TC 620 Doc Code 04 generates TC 460 to extend the due date and generates Status Code 04 if Notice Code 1 (approved first extension) or 2 (approved second extension) is present. Form 5558 - TC 620 Doc Code 04 generates TC 460 and Status Code 04 and extends the due date for filing return if Notice Code 1 (approved extension) is present.
621 Debit (PJ) B Dis­honored Installment Payment 19, 24, 58, 87 Reverses a dishonored payment submitted with a tentative Form 1120 return or Forms 7004/2758/8736. Reduces TC 620 credit in whole or in part. BMF: If not accompanied by a secondary TC 280, a TC 286 is systemically generated.
622 Debit (PJ) B Correction of 620 Processed in Error 19, 24, 34 Reverses TC 620 by debiting the Tax Module for the amount of the 622 transaction. Releases credits only to the amount of the input TC 622.
630 Credit (PJ) I/B Manual Application of Appropriation Money 51, 52 Manually computed credit for amount falling under Separate Appropriations. With identification number 02, indicates credit for solar or wind energy investment.
632 Debit (PJ) I/B Reverse of Manual Application of Appro­priation Money 51, 52 Reversal of TC 630. Identification number 03 indicates reversal of credit for solar or wind energy investment.
636 Credit (NPJ) I/B Separate Appropria­tions Refundable Credit Generated Transaction Master File generated credit for amounts falling under Separate Appropriations. With identification number 02, indicates credit for solar or wind energy investment.
637 Debit (NPJ) I/B Reversal of Separate Appropriations Refundable Credit Generated Transaction Reversal of TC 636. Identification number 03 indicates reversal of credit for solar or wind energy investment.
640 Credit (PJ) I/B Advance Payment of Determined Defi­ciency or Underre­porter Proposal All: 17, 18, 19, 24, 58, I/B: 34 Credits the tax module with an advance payment of a deter­mined deficiency.
BMF/IMF: Overpayment interest is never allowed on TC 640 (blocked 990-999) “Cash Bonds” which are in excess of the audit deficiency to which it is applied. Overpay­ment interest is not allowed even if the deficiency is subsequently abated in whole or in part. Also refer to Revenue Procedure 2005-18 for more information.
Tax module frozen from refunding, offsetting out or credit elect when TC 640 posted and no TC 300 present or TC 300 has disposal code 7 or 11 or the 23C date of TC 300 (not disposal code 7 or 11) is earlier than transaction date of TC 640. Freeze is released when TC 640s are reversed, posting of TC 300 (not disposal code 7 or 11), TC 29X blocking series 500-519, 540-589, 600-619 or 640-679, or module balance becomes zero or debit. (MFT 55 640 freeze released when TC 640s are reversed or total module balance becomes zero or debit).
Module is frozen from offsetting in when TC 640 posts and there is not a TC 300 with a 23C date prior to the transaction date of the TC 640. Freeze is released when TC 640s are reversed, posting of TC 29X (except PC 6 or 7 or B.S. 500-519/600-619) or 30X for an amount, module becomes zero or debit balance, TC 846/706/826/896/736/340/341/780 or 856 posts. Also used to post URP CP-2000/Stat. Notice Payments, etc.
641 Debit (PJ) I/B Dishonored Advanced Payment 19, 24, 58, 87 Reverses a dishonored payment submitted as a designated advanced payment. Reduces TC 640 credit in whole or in part.
BMF/IMF: Releases TC 640 freeze, if net of 64X transactions reach zero. If not accompanied by secondary a TC 280, a TC 286 is systemically generated.
642 Debit (PJ) I/B Correction of 640 Processed In Error All: 19, 24 I/B: 34 Reverses a 640 transaction in whole or in part by debiting the Tax Module for the amount of the remittance.
BMF/IMF: Releases TC 640 freeze if net of 64X transactions reach zero.
650 Credit (PJ) B Federal Tax Deposit 19, 24, 34, 97 (FTD) Credits Tax Module for Federal Tax Deposit payment when MFT 01, 03, 09, 10, 11, 12 or 16. (Tax Module is frozen from refunding or offsetting until TC 150 posts.) NOTE: For MFT 04, only valid for tax periods subsequent to 199412. Tax period must end in ‘12’. Not valid with doc code 34.
651 Debit (PJ) B Dishonored Federal Tax Deposit (FTD) 19, 24, 87, 97 Reverses a dis­honored payment submitted as a Federal Tax Deposit. If not accompanied by a secondary a TC 280, a TC 286 systemically generates. Valid MFTs are 01, 03, 09, 10, 11, 12, 14, and 16.
652 Debit (PJ) B Correction of FTD Posted In Error 19, 24, 34, 97 Reverses TC 650 in whole or part by debiting the module. Debits Tax Module for Federal Tax Deposit posted in error when MFT is 01, 03, 09, 10, 11 or 34. NOTE: For MFT 04, only valid for tax periods subsequent to 199412. Tax period must end in ‘12’. Not valid with doc code 34.
660 Credit (PJ) I/B Estimated Tax Payment 17, 24, 34, 58 Credits tax module for amount of Estimated Tax paid. Credit is frozen from refunding or offsetting until a TC 590/591(BMF only) or a TC 150 posts. Applicable to Forms 990C, 990T, 990PF, 1040, 1041, 1041ES, and 1120 only. IMF: See UPC 198 and UPC 305.
660 Credit (PJ) B Federal Tax Deposit 19, 97 The transaction code that identifies the credit on the tax module as an FTD payment. Applicable MFTs that can be used with this TC are 02, 05, 33, 34 and 44.
661 Debit (PJ) I/B Dishonored ES Payment or FTD I/B: 19, 24, 58, 87  B: 97 Reverses a dishonored payment submitted as an estimated tax payment or a Federal Tax Deposit. If not accompanied by a secondary TC 280, a TC 286 is systemically generated.
662 Debit (PJ) I/B Correction of 660 Processed In Error I/B: 19, 24, 34, 58, 87 B: 97 Reverses a TC 660 or TC 666 in whole or in part by debiting the module.
IMF/BMF may reverse TC 430 remittance amount.
BMF: Debits tax module for Federal Tax Deposit posted in error when MFT 02, 05, 33, 34 or 44.  IMF: Records the transfer of underclaimed ES Credits which are frozen. Doc. Code 24 or 34 indicates the credits have been transferred to another account: the amount of the transaction is debited to the Tax Module and any balance is unfrozen. Reverses the TC 430 remittance amount: TC 662 in zero amount releases frozen excess ES credits.
666 Credit (NPJ) I Estimated Tax Credit Transfer In Generated Transaction When taxpayer claims more ES credits than are posted in tax module, settlement is frozen and a TC 667 is generated and resequenced to search the spouse’s tax module. TC 666 repre­sents the amount of ES credits transferred-in from the spouse’s module (may be zero if none available or spouse’s account is not found) and freeze is released. Also, credits to a deceased taxpayer’s spouse’s account. (Julian 999) Initialized when a CCC “F” return posts requesting credit elect.
667 Debit (NPJ) I Estimated Tax Debit Transfer Out Generated Transaction Debit transaction representing amount of ES Credits transferred to a spouse’s account. Release Excess ES Credit Freeze.
670 Credit (PJ) I/B Subsequent Payment All: 17, 18, 19, 24, 58 I/B: 34 If return has posted, credits the Tax Module with payment on account. If( return has not posted, credits the Tax Module with prepayment on account. See UPC 198, and UPC 305. May carry a Designated Payment Code (DPC) (See section 11.12) Processing of TC 670 with secondary TC 460 use doc code 19.
671 Debit (PJ) I/B Dis­honored Subsequent Payment 19, 24, 58, 87 Reverses a dishonored check submitted as a subsequent payment.
IMF/BMF: If not accompanied by a secondary TC 280, a TC 286 is systemically generated, except for blocking series 800-899 (EFT Payments). Note: Not valid with doc code 34.
672 Debit (PJ) I/B Correction of 670 Processed In Error All: 24 I/B: 34 Reverses a 670 in whole or in part by debiting the module.
Note: For MFT 04, only valid for tax periods subsequent to 199412, tax period must end in ‘12’, not valid with doc code 34.
673 Input of a TC 672 Changes an existing TC 670 to TC 673.
678 Credit (PJ) B Credits for Treasury Bonds 17, 24, 58 Credits Tax Module for amount of estimated tax paid by Treasury Bonds. Applies only to Estate Tax.
679 Debit (PJ) B Reversal of Credits for Treasury Bonds 24, 58 Reverses TC 678 in whole or in part by debiting the module.
680 Credit (PJ) I/B Designated Payment of Interest 17, 18, 19, 24 Input to pay assessed and/or unassessed interest due without tolerance application. If unrestricted, updates interest paid field by the TC 680 amount. If the interest paid field exceeds the interest assessed field, generates TC 196 to the extent of paid unassessed interest due. Any portion that exceeds TOTAL interest due is applied to tax and penalty. The TC 680 amount which pays assessed interest is excluded when recomputing interest.
681 Debit (PJ) I/B Dishonored Designated Payment 19, 24, 58, 87 Reverses a dishonored check submitted as a designated payment of interest. Reduces the TC 680 transaction in whole or in part. If not accompanied by a secondary TC 280, a TC 286 is systemically generated.
682 Debit (PJ) I/B Correction of 680 Processed In Error All: 19, 24, 58, 87  I,B: 34 Reverses 680 credit in whole or in part by debiting the Tax module. IMF: When posted, computer automatically generates a TC 197 interest reversal (of TC 196) generated from the posting of TC 680 if interest has not been abated previously. TC 197 will not generate if interests restricted with TC 340/341.
690 Credit (PJ) I/B Designated Payment of Penalty 17, 18, 19, 24, 34, 58 Credits the Tax Module for a designated payment of a penalty assessment.
691 Debit (PJ) I/B Dishonored Designated Payment 19, 24, 58, 87 Reverses dishonored payment submitted as a designated payment of penalty. Reduces the TC 690 transaction in whole or in part. If not accompanied by a secondary TC 280, a TC 286 is systemically generated.
692 Debit (PJ) I/B Correction of 690 Processed In Error 19, 24, 34 Reverses a 690 credit in whole or in part by debiting the Tax Module.
694 Credit (PJ) I/B Designated Payment of Fees and Collection Costs All: 17, 18, 19, 24, 58 I/B: 34 Designated Payment of Fees and collection costs. The money amount must be equal to or less than the net amount of unreversed TC 360’s excluding amount of previously applied TC 694’s. Will also go unpostable if there is no TC 360 present.
695 Debit (PJ) I/B Reverse Designated Payment of Fees and Collection Costs All: 19, 24  I/B: 34 Reverses TC 694 in whole or part
700 Credit (PJ) I/B Credit Applied 24, 58 Credits Tax Module for a manually transferred amount. Will have corresponding debit TC 820 if amount is from a MF Account. Accounting credit posts in erroneous refund cases to prevent bill from generating. Credit will be reversed once refund repaid. For MFT 04, only valid for tax periods subsequent to 199412. Tax period must end in “12”. Not valid with doc code 34.
701 Debit (PJ) I/B Reverse Generated Overpayment Credit Applied 24 Reverses the generated 706 credit applied in whole or in part by debiting the Tax Module. Transaction date must match TC 706 date. CAUTION: When transaction dates are the same, sequencing matters. Multiple transactions must be processed either in the order the TC 706s occur or decreasing money amounts. The corresponding credit is TC 821.
702 Debit (PJ) I/B Correction of Erroneously Applied Credit 24, 58 Reverses TC 700 credit applied in whole or in part by debiting the Tax Module. Transaction date must match TC 700 date. The corresponding credit is TC 822. For MFT 04, only valid for tax periods subsequent to 199412, not valid with Doc Code 34.
706 Credit (NPJ) I/B Generated Overpayment Applied from Another Tax Module Generated Transaction An ECC computer generated transaction in the amount of a credit offset into a Tax Module. A TC 826 debit transaction is the corresponding entry. Before generating a refund, the com­puter analyzes all Tax Modules in the account and offsets the credit to any Tax Module with a balance past due.
710 Credit (PJ) I/B Overpayment Credit Applied from Prior Tax Period 48, 58 Credits Tax Module for amount of overpayment from prior year’s return which taxpayer elects to apply to the succeeding year’s estimated tax. . Also used to apply certain credits arising from adjusted employment tax returns. If Document Code 48, it is transferred from one tax period to another within the ADP system and therefore must be accompanied by TC 830. Document Code 58 is used during conversion to ADP to transfer these credits from the District Office to the proper Tax Module on the Master File.
712 Debit (PJ) I/B Correction of 710 or 716 Processed In Error 48 Reverses a TC 710 or 716 credit in whole or in part by debiting the Tax Module. Generally requires a counter entry of TC 710 to credit the correct Module. Releases excess ES Credit Freeze. Transaction date must match TC 710 or 716 date.
716 Credit (NPJ) I/B Generated Overpay­ment Credit Applied from Prior Tax Period Generated Transaction An ECC computer generated credit which applies the amount of credit elected and available from the preceding year’s Tax Module. A TC 836 debit is generated for the amount of the credit. Applicable to Forms CT-1, 720, 940, 941, 943, 945, 990C, 990T, 990PF, 1040, 1041, 1042 and 1120.
720 Credit (PJ) I/B Refund Repayment 45, 48 BMF/IMF Tax Module is frozen from offsetting and refunding unless TC290/291 is posted with Priority Code 8 or tax balance becomes zero or debit. Companion TC is 772 for interest amount.
721 Debit (PJ) I/B Dishonored Refund Repayment  45 Dishonored check: may be equal to or less than the TC 720. Companion TC is 770 for interest amount. If not accompanied by a secondary TC 280, TC 286 is systemically generated.
722 Debit (PJ) I/B Correction of 720 Processed In Error 48 Taxpayer’s correction or adjustment made to refund repayment. Companion TC is 770 for interest amount.
730 Credit (PJ) I/B Overpayment Interest Applied 24, 58 Credits Tax Module for a manual transfer of an overpayment of interest. Document Code 24 records a transfer with the ADP system and generally requires a corresponding TC 850 debit. Doc. Code 58 transfers such overpayment to the MF from a non-ADP return. Reversed by a TC 732.
731 Debit (PJ) I/B Reverse Generated Overpayment Interest Applied 24 Reverses the generated TC 736 interest credit applied in whole or in part by debiting the Tax Module. Transaction date must match TC 736 date. Reverses erroneously posted TC 756. The TC 731 must match the date of the TC 756 and is used in the same manner as TC 731 when reversing a TC 736.
732 Debit (PJ) I/B/A Correction of 730 Processed in Error 24, 58 Reverses TC 730 interest credit applied in whole or in part by debiting the Tax Module. Transaction date must match TC 730 date.
736 Credit (NPJ) I/B Generated Interest Overpayment Applied Generated Transaction Records the computer generated transfer of an interest refund to a Tax Module in debit (underpaid) status. Credits the module for the amount of interest, whichever is less. The corresponding debit is a TC 856. Reversed by a TC 731.
740 Credit (PJ) I/B Undelivered Refund Check Redeposited 45 BMF/IMF: Freezes module from refunding and causes issu­ance of CP 31 for IMF or CP 231 for BMF (undelivered refund check notice). If any module in the account is in 740 Freeze condition, IMF-Freeze condition is released by the posting of TC 018, or BMF-Freeze condition is released by TC 018 or an address change posting, the frozen credit is released for subsequent reissuance of the refund.
742 Debit (PJ) I/B Correction of 740 Processed In Error 45 Must match an unreversed TC 740 on date and amount to post. After posting, if the amount of the TC 740 transaction is zero, the 740 Module Freeze is released.
756 Credit (NPJ) B Interest on Overpay­ment Transferred from IMF Generated Transaction Posts interest generated on an IMF overpayment transferred to a BMF Tax Module in debit (underpaid) status. Credits module with amount of interest or amount of underpayment whichever is less. Corresponding debit is TC 876.
760 Credit (PJ) I/B Substantiated Credit Payment Allowance 48 Credits the Tax Module for a payment which was substantiated as having been paid, but not posted to the MF.
762 Debit (PJ) I/B Correction of TC 760 Processed In Error 48 Reverses TC 760 in whole or in part by debiting the module.
764 Credit (NPJ) I Earned Income Credit 47, 54 Posts Earned Income Credit generated from line items from Adjustments. The Credit is for full years except decedents for tax periods ending 12/31/1975 through 11/30/1977. The Credit is available for offset, refund or credit elect.
765 Debit (NPJ) I Earned Income Credit Reversal 47, 54 Reverses TC 764 or 768.
766 Credit (NPJ) I/B Generated Refund­able Credit Allowance 47, 54 ECC generated to allow a refundable credit (other than ES or excess FICA) which was verified on a Form 720, (abstract 11 amount) 941, 942, 943, 945 (Advanced Earned Income Credit) 990C, 990PF, 990T, 1040, 1040C, 1041, 1120 or 1120S return but not previously posted to the Tax Module, or from the appropriate line item adjustment of an Examination or DP Tax Adjust­ment. Includes credit allowed for gasoline tax paid, credit from Regulated Investment Co., or Covenant Bonds with item refer­ence 334 (199312-199411 only) for installments of 1993 addi­tional taxes. See Section 8C.3.
Note: a TC 766 with CRN 337 is not a refundable credit, this is a credit that has been cross referenced from another module/account that is for a Restitution Based Assessment and is not refundable.
766 w/OTN Credit I/B IRS TOP Offset Reversal 47, 54 Reverses a prior posted TC 898, TOP Offset, when input with the same offset trace number (OTN). See Section 8.17 for the explanation of the credit references.
767 Debit (NPJ) I/B Generated Reversal of Refundable Credit Allowance 47, 54 A generated error correction which reverses a TC 766 credit allowance posted in error. Results from the appropriate line item adjustment of an Examination or DP Tax Adjustment with item reference 334 (199312-199411 only) for installment of 1993 additional taxes.
767 w/OTN Debit I/B Rejected TOP Offset Reversal 47, 54 Reverses a prior posted TC 766, TOP offset reversal, when input with the same offset trace number (OTN).
Caution: This transaction must not be input except to correct a TC 766 on the FMS Reject Listing.
768 Credit (NPJ) I Earned Income Credit Generated Transaction Posts Earned Income Credit which is generated from information received from Code and Edit.
770 Credit (NPJ) I/B Credit Interest Due Taxpayer 45, 47, 48, 54 Credits the Tax Module to allow credit on overpayment. Includes restricted interest on overpayment or offsetting interest adjustment to TC 721, 722 or 840. Overpayment interest is not computer generated until module balance reaches zero. Manual reversal of netted interest.
771 Debit (NPJ) B Interest Reversal Prior to Refund Issuance 48 Reverses amount of interest (TC 770 or 776) included in refund deletion. Accompanies TC 842.
772 Debit (NPJ) I/B Correction of 770 Processed In Error or interest netting 45, 47, 48, 51, 54 Reverses a 770 or 776 transaction in whole or in part by debiting the Tax Module. When secondary to TC 720, it represents the reversal of the associated TC 776 credit interest allowed on the erroneous refund. It also represents manually calculated debit interest that is charged at credit interest rates when “netting” is applicable. (IDRS Command Codes See IRM 2.4, IDRS Terminal Input).
776 Credit (NPJ) I/B Generated Interest Due on Over­payment Generated Transaction BMF/IMF: Credits the Tax Module for the amount of computer generated interest due when a Tax Module is overpaid as the result of a credit or an abatement. If restricted credit interest was previously posted to the Tax Module, interest must be manually computed.
777 Debit (NPJ) I/B Reverse Generated Interest Due Tax­payer or interest netting Generated Transaction Generated from the posting of TC 740 or 841 to reverse the generated interest amount allowed on latest dated refund (TC 840 or 846) when a TC 740 (undeliverable refund check) or a TC 841 (Cancelled Refund Deposit) posts. Also generated debit interest that is changed at credit interest rates when “netting” is applicable. An interest netting TC 777 is generated with “999” in the Julian Date of the DLN to identify the transaction as “netted interest”.
780 I/B Master File Account Compromised 77 To post, a return (TC 150) and an unreversed TC 480 must be posted. Issuance of OIC transcripts is continued. (1) unreversed TC 780 generates OIC Transcript whenever module net balance changes.
BMF: Releases TC 480 freeze, but does not stop issuance of transcripts. Freezes module from offset in. Prevents computer calculation of interest and FTP.
IMF: Prevents computer generation of credit or debit interest. Credits are frozen from refunding in all tax modules of the account for 8 weeks; also, credits in the affected tax module are frozen from offsetting in or out. 78 Hold released by TC 781, 782 or 788.
781 I/B Defaulted Account Compromise 77 Reverses all previously posted TC 780 transactions in the module. OIC Transcript is issued in cycle of posting and discontinues further OIC Transcripts.
IMF: Releases Credit/Debit Interest, FTP Restrictions and 780/480 Indicators.
BMF: Releases interest and FTPP computation restrictions.
782 I/B Correction of 780 Processed In Error 77 Records the correction of 780 posted in error. Reverses all pre­viously posted TC 780 transactions in the module.
BMF/IMF: Does not stop transcripts. Tax Module reverts to status under TC 480.
IMF: Re-freezes the Tax Module against offsetting out and refunding.
IMF: Releases debit/credit interest restric­tion.
BMF: Releases interest and FTPP computation restrictions.
788 I/B All Collateral Conditions of the Offer Completed 77 To post, an unreversed TC 780 must be posted. Records the closing of an accepted Offer-in-Compromise. Issuance of future OIC transcripts is discontinued. BMF/IMF: Account and Tax Module is released for offsetting and refunding insofar as pertains to OIC freeze. Credit/Debit interest restriction (and FTP on BMF) established from the posting of TC 780 are retained.
790 Credit (PJ) B/I Manual Overpayment Applied from IMF A/B/I: 24 B: 34 Manually applied overpayment credits transferred from the IMF to the BMF. IMF credits are not applicable to taxpayers with a Form 706, 709, 990, 990C, 990PF, 990T, 1041, 1041A, 1065, 1120, 4720 or 5227 filing requirement Corresponding debit is TC 890. Will unpost unless TC130 present.
792 Debit (PJ) B/I Correction of 790 Processed In Error B/A/I: 24 B: 34 Reverse TC 790 or 796 in whole or in part by debiting the tax module. Transaction date must match TC 790 or 796 date. The corresponding credit is TC 892.
796 Credit (NPJ) B Overpayment Credit from IMF All: Generated Transaction A: 29 Credits the tax module for an amount of IMF overpayment transferred to the BMF or IRAF. The credit is for the lesser of the amount of the IMF overpayment or the BMF under­payment.
BMF: Generated when a taxpayer overpays his/her IMF account by $100 or more and underpays his/her BMF account. Not applicable if this account contains a Form 706, 709, 990, 990C, 990PF, 990T, 1041, 1041A, 1065, 1120, 4720 or 5227 filing requirement or tax module. Reversed by a TC 792.
800 Credit (PJ) I/B Credit for Withheld Taxes 48, 51 Identifies a manually prepared transaction for the input of Claimed Withholding and Excess FICA Taxes collected at source.
802 Debit (PJ) I/B Correction of an 800 Processed In Error 48, 51 Reverses an 800 in whole or in part; debits the tax module for amount of transaction.
806 Credit (NPJ) I/B Credit for Withheld Taxes and Excess FICA Generated Transaction or 54 Credits the tax module for the amount of withholding taxes and excess FICA claimed on a Form 1040 or 1041 (198712 & later) return. May also be generated by appropriate line adjustment on an Examination or DP Tax Adjustment.
807 Debit (NPJ) I/B Reversed Credit for Withheld Taxes Generated Transaction or 54, 51 Reverses the TC 800 or 806 credits in whole or in part by posting a debit to the tax module. MCC computer generated from the appropriate line adjustment of an Examination or DP Tax Adjustment. MFT 05: only reverses TC 806.
810 I Refund Freeze 77 To freeze the module from refunds, offsets and credit elect. TC 810 with Code 1 indicates prefiling notification. Code 2 indicates ATSDT (Abusive Tax Shelter Detection Teams). Code 3 earned Income Credit Check Freezes YR input. Contact Examination Branch if this transaction needs to be input. Code 4indicates FRP (Frivolous Return Program).
811 I Reverse Refund Freeze 77 Reverses TC 810 in whole or in part. TC 811 with zero will reverse the TC 810 and allow release of all credit (providing no other freezes are in effect).
820 Debit (PJ) I/B Credit Transferred 24, 58 Manually transfers previously posted credit amount to another tax module, another account, excess collections, or other destination as required.
BMF/IMF Releases Assessment Statute Expiration Freeze for Doc. Code 24 only.
Caution: Credit must be availabel on Master File at time of posting or will unpost.
IMF: SEE UPC 175.
BMF: SEE UPC 325. The corresponding credit is TC 700.
Note: Form MFT 04, only valid for tax periods subsequent to 199412. Tax period must end in ‘12’. Not valid with 34 Doc code.
821 Credit (PJ) I/B Reverse Generated Overpayment Credit Transferred 24 Reverses the generated TC 826 overpayment credit transferred in whole or in part by crediting the tax module. Transaction date must match TC 826 date.
Caution: When transaction dates are the same, sequencing matters. Multiple transactions must be input in the order that the TC 826’s occur. The corresponding debit is TC 701.
822 Credit I/B Correction of an Overpayment Transferred In Error 24, 58 Reverses TC 820 and 824 in whole or in part by crediting the Tax Module. The corresponding debit is TC 702.
Note: For MFT 04, only valid for tax periods subsequent to 199412. Not valid with 34 doc code.
824 Debit (PJ) I/B Overpayment Credits Transferred to Another or to Non-MF Accounts 24, 58 Transfers overpayment credits frozen by TC 130 Account Refund Freeze. Releases TC 130 Account Refund Freeze.
IMF: See UPC 168 and 175.
BMF: See UPC 325.
826 Debit (NPJ) I/B Overpayment Transferred Generated Transaction An ECC computer generated debit for the amount of overpayment credit transferred to another tax module within this taxpayer’s account. The corresponding credit is 706.
830 Debit (PJ) I/B Overpayment Credit Elect (Transferred) to Next Periods Tax 48 Debits the tax module for the amount of credit elected to be transferred to the following period with same type of tax. A manual transfer. Also used to debit the tax module to reapply certain credits arising from adjusted employment tax returns. The corresponding credit is 710. Release Hold Refund Freeze. CAUTION: Credit must be available on Master File at time of posting or it will be unpostable. IMF: See UPC 175. BMF: See UPC 325.
832 Credit (PJ) I/B Correction of Credit Elect Transfer 48 Corrects an 830 or 836 transaction posted in error. Transaction date must match TC 830 or 836 date.
836 Debit (NPJ) I/B Overpayment Credit Elect Transferred to Next Periods Tax Generated Transaction A debit for the amount of overpayment elected to be applied to the following tax period. ECC computer generated upon post­ing a Form CT-1, 720, 940, 940EZ, 941, 943, 945, 990C, 990T, 990PF, 1040, 1041, 1042, 1120 if a credit amount exists.
840 Debit (PJ) I/B Manual Refund 45 Designates a manual refund was issued prior to or after a return (TC 150) has posted. If return has not posted, freeze module from refunding or offsetting out. Refer to Freeze Code -X in Section 8.
841 Credit (PJ) I/B Cancelled Refund Check Deposited 45, 48 Credits the tax module for the amount of the transaction from a refund check (TC 840 or BMF/IMF 846) which was cancelled.
BMF/IMF: Module is frozen from offsetting or refunding. (Exception: Refunds that have been recertified are not frozen. Block and serial no. 88888.) is released by: BMF-An Examination or DP tax adjustment Doc. Code 24 or 34; TC 820, 830 or 843; when tax module balance becomes zero or debit; or by TC 571 or 572 if a TC 570 has posted. It is used on Non-Master File to assess the amount that has been erroneously abated.
842 Credit (PJ) B Refund Deletion 48 The transaction will delete the scheduled refund prior to its release to the Treasury Disbursing Center. The transaction is posted to the BMF tax module as a credit. Companion TC is 771 for interest amount. Tax module is frozen from offsetting or refunding unless TC 290/291 is posted with Priority Code 8. It is released by: Examination or DP Tax Adjustment; Doc. Code 24 or 34; TC 820 or 830; or tax module balance becomes zero or debit; or by TC 571 or 572 if a TC 570 has posted. Item is not journalized but is fully controlled.
843 Debit (PJ) I/B Check Cancellation Reversal 45 Reversal of erroneous TC 841. Date and amount must match those of the TC 841 being reversed.
844 I/B Erroneous Refund 77 Zero amount transaction which identifies tax module containing an erroneous refund. Must find an unreversed TC 840 or 846 to post. Freezes entire account from refunding. Freezes any modules with a TC 844 present from offsetting in or out. Refer to -U Freeze in Section 8. Generates “TRANS-844” Transcript for any module that the net module balance has been changed and is credit.
845 I/B Reverse Erroneous Refund 77 Zero amount transaction. Reverses TC 844. Must find an unreversed TC 844 to post.
846 Debit (NPJ) I/B Refund of Overpay­ment Generated Transaction Debits the tax module for the amount of overpaid tax (plus applicable interest) to be refunded to the taxpayer.
848 Credit (PJ) I Refund transferred out of account 48 Reverses TC 840 or TC 846 in whole or in part by crediting the tax module. Requires a counter entry of TC 849 to debit the correct tax module.
849 Debit (PJ) I Refund transferred into account  48 Debits tax module for a refund being transferred from another tax module. Requires a counter entry of TC 848 to credit the correct tax module.
850 Debit (PJ) I/B Overpayment Interest Transfer 24, 58 Manually transfers interest on overpayment to another tax module and generally requires a corresponding 730 credit.
851 Credit (PJ) I/B Reverse Generated Overpayment Interest Transfer 24 Reverses TC 856 in whole or in part by crediting the tax module.
852 Credit (PJ) I/B Correction of 850 Processed In Error 24, 58 Corrects 850 transaction by posting a credit to the tax module.
856 Debit (NPJ) I/B Overpayment Interest Transfer by Computer Generated Transaction Debits the tax module for the amount of interest which can be transferred and applied to a tax module in debit (balance due) status. The corresponding credit is TC 736.
860 I/B Reverses Erroneous Abatement 51 Reverses erroneous abatement after statute of limitations has expired. (Does not post to Master File.)
876 Debit (NPJ) I Interest on Overpay­ment Transferred to BMF Generated Transaction Posts interest generated on an IMF overpayment transferred to a BMF tax module in debit (underpaid) status. Corresponding credit is TC 756.
890 Debit (PJ) I Manual Transfer of Overpayment Credits to BMF 24 Manual transfer of overpayment credits from the IMF for appli­cation to the BMF or IRAF. (BMF credits cannot be applied to taxpayers filing Form 990, 990C, 990PF, 990T, 1041, 1041A, 1065, 1120, 4720 or 5227.) The corresponding credit is TC 790. Will unpost unless TC 130 is present.
892 Credit (PJ) I Correction of TC 890 Processed In Error 24 Reverses TC 890 or 896 in whole or in part by crediting the tax module. Transaction date must match TC 890 or 896 date. Corresponding debit is TC 792.
896 Debit (NPJ) I/B Overpayment Credit Offset Generated Transaction or 29 TC896 is used to reflect an offset to IRAF (MFT 29) and Shared Responsibility Payment (MFT 35) accounts and from IMF to BMF.
897 Credit (NPJ) I/B DMF Offset Reversal 47, 54 Credits the tax module with the amount of DMF offset reversal requested. Reverse in whole or in part an associated TC 896 with a matching agency and sub-agency.
BMF: Valid on Form 1120.
898 I/B BFS TOP Offset Generated Transaction Treasury Offset Program (TOP) offset initiated by BFS (Bureau of Fiscal Service). Posts with the trans date and DLN of the refund from which it originated. It has a memo amount, an Offset Trace Number (OTN), and an XREF SSN. TC 898 reduces the amount of the refund with which it is associated. Reversed by a TC 766 with the same OTN or TC899 with same OTN.
899 I/B BFS TOP Offset reversal or Agency Refund/Reversal Generated Transaction TOP offset reversal initiated by BFS (Bureau of Fiscal Service). Posts with a type code, memo amount, and OTN. Reverses a prior posted TC 898 with the same OTN. Type 1 - BFS TOP offset reversal. Type 2 - Agency refund of TOP offset. Type 3 - BFS refund of TOP off­set. Type 4 - Agency refund reversal.
901 I/B/E Delete IDRS Indicator 79 Campus request to delete a specific entity or tax module from the TIF (IDRS) based upon the FLC. Does not post to Master File.
902 I/B/E Campus IDRS Indicator 79 Campus request to put a specific entity or tax module on the TIF (IDRS). The requested module data will be displayed on IDRS in approximately 2 weeks and will remain on IDRS for 3 weeks unless other action established a longer retention. If no account or modules exists a Master File, a TC 904 is generated. Does not post to Master File.
903 I/B Master File IDRS Entity Delete Generated Transaction MCC computer generated to indicate that an entity was deleted by TC 020. Does not post to Master File.
904 I/B/E Notify IDRS Entity or Module not Present Generated Transaction Generated by ECC to notify IDRS that the entity or tax module requested by TC 902 is not present on the IMF/BMF. TC 904 will identify the Retention Register D.O. if the module has been removed. Doc Code 99 (4th & 5th digit of the 904 DLN) indicates TIN is present but module requested is not. With Doc Code 79, TIN is not present/Name Control incorrect.
910 I/B #Criminal Investigation Hold# 77 #Identifies an account assigned to Criminal Investigation Division. Prevents entity or tax modules from being removed from the Master File as an Expired Account.#
911 I/B #Reversal of TC910# 77 #Reverses TC 910 freeze.#
912 I/B #Criminal Investigation# 77 #Reverses TC 914 freeze.#
914 I/B #Active Criminal Investigation# 77 #Identifies a tax module assigned to the Criminal Investigation Division. Establishes modular freeze which causes all transac­tions except the following to be unpostable:
IMF only-Corr. UPC 183;
IMF/BMF-TC 428, 910, 912, 920 and 99X
BMF only-Corr. UPC 333, TC 019, 424 (Push Code 049),
BMF/IMF: Prevents entity or tax modules from being removed from the MF as an expired account.#
915 IB #Partial Reversal Refund Scheme# 77 #Addresses a specific tax module and releases a credit for refund or offset in the cycle of posting if there is an unreversed TC 916 or 918 present.#
916 IB #Criminal Investigation Refund Freeze# 77 #Posts to a specific tax module and establishes a Refund Scheme Freeze in the tax module.#
917 IB #Reverse Criminal Investigation Refund Schemes# 77 #Reverses a TC 916.#
918 I/B #Criminal Investigation Entity Refund Freeze# 77 #Posts to entity and establishes a Refund Schemes Freeze in all tax modules in the account.#
919 I/B #Reverse Refund Scheme 918# 77 #Reverses a TC 918.#
920 I/B IDRS Notice Status 79 Records notice Records in the Status History Section of the tax module, the status, date and amount of taxpayer balance due notices generated by IDRS. Does not post to Master File.
922 I IRP Underreporter Generated Transaction or 77 IRP Underreporter status transaction. Posts to tax module balance section. The transaction date and process codes are updated by subsequent TC 922. Will not affect status history section. See “Underreporter Process Codes”, Section 8.
924 I IRP COMM, IRP Communication 77,99 or Generated Transaction IRP communication transaction. Posts to IMF. Posted TC 924 is updated by all other 924s. TC 924 may be input from IRP or generated by Master File when: TC 300 Ref +S7890; or TC 140 or 922 with Int/Div field of $500 or more. Also refer to Back-up Withholding, Section 11.                                   
925 I/B IRDM - BMF IRP Underreporter, CAWR, BMF Non-filer Generated Transaction or 77 IRDM - BMF IRP Underreporter, CAWR, BMF Non-filer status transaction. Posts to tax module balance section. The transaction date and process codes are updated by subsequent TC 925. Will not affect status history section. See Section 8C.
930 I/B/E Return Required Sus­pense I/B 78, E 77 Generates Campus Notice CP 98/198/498 when TC 150 posts to a module containing TC 930.
EPMF: Posts to a Plan Return Module when an unreversed return is not present in the module. A transcript is produced when an unreversed TC 150 posts.
932 I/B Reverse Return Required Suspense 78 Reverses a TC 930.
940 I/B Strike Force Control 77 TC 940-No longer valid after cycle 199052.
942 I/B Reversal of Strike Force 77 TC 942-No longer valid after cycle 199052.
960 I/B/E Add/Update Centralized Authorization File indicator Reporting Agents File 77 Adds/updates CAF indicator to the module. Causes notices and/or refunds to be sent to authorized representative. Also can be generated when a TC 150 or 620 (BMF) with a significant CAF code posts and an unreversed TC 960 is not already posted. Also posts to the entity and sets the RAF-Filing and EFTPS Indicators.
961 I/B/E Reverse Centralized Authorization File indicator 77 Reverses TC 960 and zeros module CAF indicator.
BMF: For Reporting Agents File, posts to the entity, and zeros the RAF-Filing and EFTPS Indicators.
970 B/I F720 Additional Schedules; or Generated Transaction Generated when MFT 03 TC 150 posts with data transcribed from accompanying F8743.
B/I F945 liability amounts from F945-A and related dates Generated Transaction Generated when MFT 16 TC 150 posts with data transcribed from accompanying F945-A.
B/I F941 liability amounts from Schedule B and related dates Generated Transaction Generated when MFT 01 TC 150 posts with data transcribed from accompany Schedule B.
B/I F1040 Additional Schedules; Generated Transaction Generated when MFT 30 TC 150 posts with data transcribed from accompany F8888
971 B/I/A Miscellaneous Transaction 77 Performs different actions based on the Action Code which are listed separately.
972 B/I Reverses Amended/Duplicate Return XREF TIN/Tax Period Data 77 Used to reverse TC 971.
973 B Application for Tentative Refund F1139 Processed Return Filed-8038 Series Return and Additional Filing of Form 5330 84 Identifies receipt of Form 1139 application of tentative refund for corporation (valid for input after 4/1/1993). Tax liability assessed from additional original filing of Form 5330 and the posting of Form 8038 Series Return.
976 Credit B Posted Duplicate Return Generated Transaction Identifies the input return (TC 150) which caused a duplicate posting condition. Also identifies an amended return (TC 150 with Condition Code G). CP 193 will be issued unless unreversed TC 420 or 424 posted; in that case, CP 293 will be issued. Except for Forms 1065, with PIA Codes of 6212 or 6218, tax module is frozen from offset/refund until an Examina­tion (TC 30X) or DP adjustment (TC 29X) is posted subsequent to TC 976 posting.
976 Credit I Posted Duplicate Return Generated Transaction Identifies the input return which causes a duplicate posting condition. TC 150 is replaced with TC 976 by computer.
IMF: CP 36, Notice of Duplicate Return is issued. Prints CP 29 Indicator on CP 36 if module contains an amended return with other than Doc. Code 54; amended return freeze was on in module at beginning of cycle; and current processing cycle is later than 19 cycles from normal return due date. Tax module is frozen from offsetting and refunding until released by an Examination (TC 30X) or DP Tax (TC 29X) Adjustment.
976 E Posted Duplicate Return Generated Transaction Generated by a corrected unpostable 808 TC 150 to identify a duplicate return.
977 Credit I/E Posted Amended Return Posted Consolidated Generated Amended, Late Reply, or DOL Referral Generated Transaction Identifies an input return which contained Condition Code G (Amended), or an IMF 1040X (identified by Block number 200-299). TC 150 is replaced with TC 977 by computer. TC 977 is also systemically generated when a TC 971 AC 010 or 013 are input. An amount posted with TC 977 is a remittance amount and does not reflect adjustment in liability. Any subsequent adjustment will be input via TC 29X or 30X.
IMF: If an original return is not posted, CP 29 or 729 notice of amended return is issued 19 cycles after the due date of the return. Tax module is frozen from offset out and refund until released by the original return (except 1040X).
980 B W-3/1096 Transaction 69, 98, 32, 88 Information from Forms W-3 and 1096 post to the CAWR module. MFT 88.
982 B CAWR Control DLN Transaction 35, 37, 40, 41, 43, 44, 47, 51, 54, 97 Transaction posted to the CAWR module (MFT 88) whenever the Control DLN of a 941/943/945/Schedule H (MFT 30 or 05) tax module is that of a DP adjustment or Doc. Code 51 assessment transaction. Generated with special DLN to MFT 88 tax module to indicate related MFT 01/11/16/30/05.
984 B CAWR Adjustment Transac­tion Any Campus transactions which will post to the CAWR module (MFT 88) and make adjustments to the module accumulators.
986 B CAWR Status Transaction Any Campus transactions which will post to establish various status or closing codes on the CAWR module (MFT 88). They will be entered to generate notices from CAP, reanalyze modules, close cases, etc. A TC986 with Status 87 denotes a case sent from SSA to IRS. Status 87 and some Status 88 are the result of SSA IND = 2 CAWR cases referred by SSA to IRS to be worked by CAWR.
990 I/B/E/P Specific Transcript 99(PMF), 56(IMF), 92(IRP), or Generated Transaction Generates a SPECIFIC transcript for the particular Tax Module designated by the MFT Code and Tax Period. This TC with Doc Codes 56 and 99 is input via CC PATRA.
991 I/B Open Module Tran­script Generated Transaction Generates OPEN MODULE transcript of all open tax modules (debit or credit). Transcript will also indicate the current FR Codes of the account.
992 I/B/E/P Complete or Tax Class transcript 56 (IMF), 99 (PMF) or Generated Transaction BMF: MFT 00 generates a complete transcript of all tax modules within the account regardless of the balance. Other than MFT 00 generates a transcript of every module within the specified MFT. With Doc. Code 99, generates Tax Class Transcript. IMF: Generates a complete transcript. This TC with Doc Codes 56 and 99 is input via CC PATRA.
993 I/B/P Entity Transcript 99(PMF), 56(IMF) or Generated Transaction Generates an ENTITY transcript listing name line(s) and all transactions posted to the Entity module of an account. This TC with Doc Codes 56 and 99 is input via CC PATRA.
994 I - Generated Transaction Indicates that two accounts failed to merge; causes a complete account transcript to be generated. Does not post to Master File.
995 I/B - Generated Transaction IMF: Indicates difference in validity status; causes a complete account transcript to be generated. Does not post to Master File.
BMF: identifies UPC 305 transcript.
996 B/I Follow-up on Uncollectible Generated Transaction Transmits information on IMF accounts containing TC 130 with closing codes 03, 12 and 24-32 to the BMF cross-reference which has been 53’d to reactivate the BMF account if the closing code condition has been met on the IMF. Updates entity.
998 B Update Entity Information Generated Transaction Generated when TC 150 for MFT 51 posts with name line or spouse SSN. Also generated when TC 150 for MFT 52 posts with Date of Death different from DOD already posted.
998 B Update Entity Infor­mation Generated Transaction Generated when TC 150 for MFT 51 posts with name line or spouse SSN. Also generated when TC 150 for MFT 52 posts with Date of Death different from DOD already posted.