670 | Payment received
This code indicates that a payment has been received and applied to the taxpayer’s account.
What This Code Means
Code 670 reflects that the IRS has recorded a payment toward the tax account for the specified period. The entry represents receipt and posting of funds, reducing any outstanding balance due. It does not indicate whether the payment fully satisfies the balance or whether additional amounts remain outstanding. The code shows payment activity at the account level but does not specify the payment method within the code itself. It confirms that funds were applied to the account as of the transaction date.
Where Users Usually See This Code
- On IRS account transcripts under transaction codes
- After making a tax payment
- During review of account balance activity
Why This Code Appears
- A direct payment was submitted
- An electronic or mailed payment was processed
- A prior balance due was partially or fully paid
- An installment or scheduled payment posted
What Typically Happens Next
- The account balance decreases
- Interest calculations may adjust
- Additional payment or adjustment codes may post
What This Code Is Not
- It is not a refund issuance
- It is not a credit transfer
- It does not confirm full satisfaction of debt
Troubleshooting Checklist
- □ Review the payment amount listed
- □ Confirm updated account balance
- □ Monitor for interest adjustments
- □ Consult official IRS resources if clarification is needed
Notes And Edge Cases
Multiple 670 entries may appear if payments are made in installments. The amount posted reflects the payment applied on that date. Reviewing interest and penalty codes provides a complete view of account impact.