768 | Earned income credit
This code indicates the Earned Income Credit has been applied to the taxpayer’s account.
What This Code Means
Code 768 reflects the posting of the Earned Income Credit (EIC) to the account. This is a refundable credit that may increase a refund or reduce a balance due. The code represents the recording of the credit amount associated with the return. It does not confirm refund issuance by itself, nor does it indicate whether additional review is underway. It simply shows that the EIC amount has been processed and posted to the transcript.
Where Users Usually See This Code
- On an IRS account transcript under transaction codes
- After refundable credits are processed
- During review of transcript activity for the tax year
Why This Code Appears
- The taxpayer claimed the Earned Income Credit
- The IRS processed and approved the EIC amount
- Account adjustments included EIC posting
- The return included qualifying income and dependent information
What Typically Happens Next
- Additional credits may post
- A refund issuance code may appear if overpayment exists
- Review-related codes may appear if verification is required
What This Code Is Not
- It is not a refund issuance confirmation
- It is not an audit notice
- It does not guarantee immediate payment
Troubleshooting Checklist
- □ Review the posted credit amount
- □ Monitor for refund issuance entries
- □ Check for additional review-related codes
- □ Consult official IRS resources if further clarification is needed
Notes And Edge Cases
EIC-related returns may undergo additional review depending on IRS verification procedures. The presence of code 768 alone does not indicate delay or approval beyond posting. The credit amount is reflected next to the code entry. Transcript cycle dates may provide timing context for processing stages.