Code 742: correction of 740 processed in error.
From IRS Document 6209, the IRS's processing codes manual.
Have code 742 on your transcript?
Add the transcript. The forecast counts from the codes you actually have.
Check my refundRead in your browser. Nothing is uploaded.
For your refund.
This code is rare on refund timelines. The IRS's own description is on the right.
Document 6209 says
Debit. Used on individual (IMF) accounts.
Correction of 740 Processed In Error
The full Document 6209 entry, as printed
Debit (PJ) I/B Correction of 740 Processed In Error 45 Must match an unreversed TC 740 on date and amount to post. After posting, if the amount of the TC 740 transaction is zero, the 740 Module Freeze is released.
After code 742
Not enough shared timelines with this code yet. The block fills in once 30 people with code 742 share theirs from the result page.
Crowd figures, not IRS data. They describe what happened to others, not a promise.
Questions people ask
What does code 742 mean on my IRS transcript?
Document 6209 calls it "Correction of 740 Processed In Error".
Sources
Checked against these sources on October 30, 2026.