Withholding and credits
IRS code 767: Refundable credit reduced or removed
767
- Effect:
- Reduces a credit
- Posts as a:
- Debit
The IRS reversed some or all of a refundable credit.
What code 767 means
Code 767 reverses a 766 credit that posted in error. It results from an examination or another tax adjustment.
Because it lowers your credits, it can shrink a refund or create a balance due. Look for a notice explaining the change.
Codes often seen with 767
Source
IRS title: Generated Reversal of Refundable Credit Allowance (Document 6209, Section 8A, page 8A-30).
Decode your whole transcript
Paste your transcript lines and see every code explained. Runs in your browser.
Decode a cycle code
Turn an 8-digit cycle like 20261505 into the posting week and day.
More withholding and credits codes
TTOC Finder is independent and isn't affiliated with the IRS. This page explains what the code means in general. For your own account, check your IRS online account or Where's My Refund?