Code 694: designated payment of fees and collection costs all:.
From IRS Document 6209, the IRS's processing codes manual.
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Document 6209 says
Credit. Used on individual (IMF) accounts.
Designated Payment of Fees and Collection Costs All:
The full Document 6209 entry, as printed
Credit (PJ) I/B Designated Payment of Fees and Collection Costs All: 17, 18, 19, 24, 58 I/B: 34 Designated Payment of Fees and collection costs. The money amount must be equal to or less than the net amount of unreversed TC 360’s excluding amount of previously applied TC 694’s. Will also go unpostable if there is no TC 360 present.
After code 694
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Questions people ask
What does code 694 mean on my IRS transcript?
Document 6209 calls it "Designated Payment of Fees and Collection Costs All:".
Sources
Checked against these sources on October 30, 2026.