Code 480: offer-in- compromise pending.
From IRS Document 6209, the IRS's processing codes manual.
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This code is rare on refund timelines. The IRS's own description is on the right.
Document 6209 says
Used on individual (IMF) accounts.
Offer-in- Compromise Pending
The full Document 6209 entry, as printed
I/B Offer-in- Compromise Pending 77 Module Notice Transcript “OIC”. A change in module balance during a posting cycle will cause a Module Notice Transcript “OIC”. Posting of TC 788, generates an “OIC”. Notice Transcript and then discontinues further issuance of an “OIC” Notice Transcript. Tax Modules are frozen from offsetting out (IMF only) and refunding. Suspends Assessment and Collection Statute Expiration Dates. Jurisdictional Codes: 1=DO Collection; 2=Examination; 3=Appeals; 9=SC Collection
After code 480
Not enough shared timelines with this code yet. The block fills in once 30 people with code 480 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 480 mean on my IRS transcript?
Document 6209 calls it "Offer-in- Compromise Pending".
Sources
Checked against these sources on October 30, 2026.