Note:

Use the T disposition if another area input the Refund Intercept/NOREF request.

CPREF shown on CC TXMOD (in the CP notice section) indicates Refund Transcript. Refund Transcripts generate from the same file as CP notices.

A transcript is issued when:

The refund amount includes interest of more than $50.00 on a module that contains a TC 766

The refund amount is $500.00 or more for Form 941 (MFT 01), or $1000 or more on all other forms

The amount of the overpayment claimed by the taxpayer differs by more than $100 from the IRS amount.

TC 570 blocking series 55555 is input by Frivolous Return Program (FRP) on BMF accounts to stop frivolous BMF refunds. Do not release these refunds.