Definition
Transaction Code 670. Indicates a payment was received and applied to the account.
What it means for your account
Payments change remaining balance and penalty/interest composition. Reconcile against client memory — the ledger is the source of truth.
Related codes
Where Brevitax uses it
Brevitax reads these postings from account transcripts and surfaces them as plain-language timeline events and attention items — not as a raw code list. Upload transcripts or have Brevitax request them, then see TC-670 in context on your dashboard.
Common questions
What does TC-670 mean on an IRS transcript?
Transaction Code 670. Indicates a payment was received and applied to the account.
Why does TC-670 matter for tax resolution?
Payments change remaining balance and penalty/interest composition. Reconcile against client memory — the ledger is the source of truth.
Where do I find TC-670 on my account transcript?
Look for transaction code 670 in the posting sequence for the tax year. Transaction Code 670. Indicates a payment was received and applied to the account.