What Does IRS Reference Number 1242 Mean After Identity Verification?
Learn what IRS reference number 1242 means after identity verification and how to respond to avoid delays in your tax return processing.
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IRS reference number 1242 indicates that your tax return requires further review after identity verification. Typically, this is a measure to prevent identity theft. Ensure you have submitted all required documents, and check for any communication from the IRS for specific instructions. Respond promptly to any requests to expedite the resolution.
FAQs & Answers
- What should I do if I receive IRS reference number 1242? If you receive IRS reference number 1242, it means your tax return needs further review after identity verification. Ensure you provide any requested documents and respond promptly to IRS communications.
- Why does the IRS request identity verification for my tax return? The IRS requests identity verification to prevent identity theft and protect your personal information by confirming that you are the legitimate filer of the tax return.
- How long does it take to resolve an IRS reference number 1242 inquiry? Resolution time varies depending on how quickly you respond and submit required documents. Prompt action can help expedite the review process.
- Can I continue to file taxes if I receive IRS reference number 1242? You can file your taxes, but the IRS will place your return under further review due to identity verification concerns until all requested information is provided and verified.