Glossary definition
Transaction code 570
An account-transcript code generally indicating an additional account action is pending.
What it means
An account-transcript code generally indicating an additional account action is pending. In an IRS collection matter, the term should be read with the relevant tax periods, notices, account transcripts, deadlines, and current IRS guidance. Similar words can describe different legal or administrative steps, so the underlying record matters more than a shorthand label. Software can organize the facts, but it does not replace professional judgment when rights, enforcement, or disputed liability are involved.
Why it matters
TC 570 often corresponds with a hold, but the transcript alone may not explain the reason. Related notices and later codes provide context.
Related terms
Educational information only. Confirm current IRS procedures and seek qualified advice for your facts.