Webaug 16, 2024 · it is common for tc 971 to be accompanied by tc 570, which indicates that the irs put a hold on processing your refund. If you see tc 971 on your transcript but. Webin simple terms, irs code 971 signals that changes or delays are occurring involving your tax return, which may affect your refund payment. Specifically, it means the irs needs. Webirs code 971 provides the taxpayer with additional information regarding the status of their tax return. In the case that tc 971 appears directly…