Jump to content
ATX Community

efile debt code


grandmabee

Recommended Posts

Got this from the official board

Q: What are the meanings of the Debt Indicator (DI) Codes on my clients’ IRS acknowledgments?

A: The IRS designed DI Codes specifically for Refund Anticipation Loans (RALs). The DI code is present in all IRS e-file acknowledgment files. The DI indicates whether the taxpayer owes a debt to the IRS or one of the agencies managed by the Financial Management System (FMS).

The debt indicator codes are N (None), I (IRS), F (FMS), and B (Both):

• N (None) – Indicates that no debt was found in either the FMS or IRS files

• I (IRS) – Indicates that a debt was found in the IRS files for this return

• F (FMS) – Indicates that a debt was found in the FMS files for this return

• B (Both) – Indicates that a debt was found in both the FMS and IRS files for this return

FMS debts are for past due student loans, child support, federal taxes, state taxes, or other governmental agency debts. If the taxpayer is expecting a refund, it may be offset if a debt is owed.

The debt indicator code may be shared with the taxpayer. The taxpayer should contact the IRS directly for an explanation. If you need to inquire about a debt indicator code, call toll-free (800) 304-3107, to find out with which agency the debt is listed.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...