4 - Erroneous AbatementThe timely filed TC 150 return for TY 2018 is determined to be a nullity. The valid taxpayer filed a return reporting tax of $.00 and withholding of $2,500 which posted as a TC 976. Form 14039 is included with the return. The ASED for the valid return is expired. Based on the original return, the account shows TC 150 tax of $5,000, and withholding of $6,000. A CP 2000 proposing a tax increase of $2,000 based on unreported income is issued to the valid taxpayer’s last known›Caution:
Economic Impact Payment (EIP) - Account Research
Internal Revenue Manual Part 25. Special Topics · 2026-10-03 edition · updated 2026-10-04 · United States
EIPs are issued from the tax module for the tax year of the applicable recovery rebate credit. The associated adjustment will include:
TC 290 .00
Unique Reason Codes (RC) in positions 1, 2, 3, and/or 4 (defined below)
TC 766 with Credit Reference Number (CRN) 338 for the amount attributable to the primary and secondary taxpayers, if applicable
TC 766 with CRN 257 for the amount attributable to qualifying children (EIP 1 and EIP 2) or allowable dependents (EIP 3)
HC 3
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