Code 846 Monday 11-25-2024: Will $6,872.01 Refund After Amended Return and Freeze Be Direct Deposit or Check?
Just checked my transcript today and saw code 846 appeared today (11-25-2024) for $6,872.01! The amount matches what I expected but I'm confused about how I'll get paid. Never had an 846 show up on a Monday before. Anyone know if this means check or direct deposit? My last refund was DD but that was 2 years ago. Looking at my transcript, here's what I'm seeing: FORM NUMBER: 1040 TAX PERIOD: Dec. 31, 2023 ACCOUNT BALANCE: 0.00 ACCRUED INTEREST: 0.00 AS OF: Dec. 09, 2024 ACCRUED PENALTY: 0.00 AS OF: Dec. 09, 2024 ACCOUNT BALANCE PLUS ACCRUALS: 0.00 INFORMATION FROM THE RETURN OR AS ADJUSTED: EXEMPTIONS: 04 FILING STATUS: Married Filing Joint ADJUSTED GROSS INCOME: 9,888.00 TAXABLE INCOME: 0.00 TAX PER RETURN: 9.00 SE TAXABLE INCOME TAXPAYER: 0.00 SE TAXABLE INCOME SPOUSE: 0.00 TOTAL SELF EMPLOYMENT TAX: 0.00 RETURN DUE DATE OR RETURN RECEIVED DATE: Apr. 15, 2024 PROCESSING DATE: Mar. 18, 2024 TRANSACTIONS: CODE EXPLANATION OF TRANSACTION - CYCLE - DATE - AMOUNT 150 Tax return filed - 20240905 - 03-18-2024 - $9.00 806 W-2 or 1099 withholding - 04-15-2024 - -$562.00 810 Refund freeze - 02-08-2024 - $0.00 766 Credit to your account - 04-15-2024 - -$1,000.00 766 Credit to your account - 04-15-2024 - -$1,095.00 766 Credit to your account - 04-15-2024 - -$2,008.00 768 Earned income credit - 04-15-2024 - -$3,910.00 971 Amended tax return or claim forwarded for processing - 06-06-2024 - $0.00 977 Amended return filed - 06-06-2024 - $0.00 767 Reduced or removed credit to your account - 04-15-2024 - $2,008.00 290 Additional tax assessed - 20244504 - 11-25-2024 - $0.00 811 Removed refund freeze - 11-12-2024 - $0.00 846 Refund issued - 11-25-2024 - $6,872.01 776 Interest credited to your account - 12-09-2024 - -$314.01 I see there was a refund freeze back in February, then I filed an amended return in June. They finally removed the freeze on 11-12-2024, and now I'm getting a refund issued (code 846) on 11-25-2024 for $6,872.01. There's even interest credited to my account of $314.01 in December. But does anyone know if the 846 issued on a Monday means direct deposit or paper check? I'm really hoping for DD since that's how I got my last refund.
14 comments
Mei Liu
Tax professional here - 846 is just the refund issued code, it doesn't indicate payment method. Your refund will be sent however you requested it on your return. If you provided DD info, it'll be DD. If not, you'll get a check. The day of the week doesn't affect the payment method.
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Jamal Carter
thank u so much! was stressing about this all morning 😅
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Liam O'Donnell
is there anyway to check which method was selected after filing? cant remember what i put tbh
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Mei Liu
You can check your actual tax return copy or transcript. It'll show the routing/account number if you selected DD
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Amara Nwosu
Hey guys just wanted to mention taxr.ai - it's this new tool that analyzes your transcript and tells you exactly how you'll get paid, when to expect it, and any potential delays. Costs $4.99 but saved me hours of stress and googling. Really worth checking out https://taxr.ai
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AstroExplorer
sounds interesting...how accurate is it? like does it just read the transcript or what?
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Amara Nwosu
It does way more than just read it! It uses AI to analyze all your codes, dates, and amounts to predict exactly when youll get paid. It caught a potential offset I had no idea about
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AstroExplorer
just tried it and WOW 🤯 literally answered every question I had about my refund in like 2 minutes. Best $5 I ever spent fr fr
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Giovanni Moretti
Got my 846 on a Monday last month, DD hit my account that Wednesday 💯
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Fatima Al-Farsi
mine showed up monday too! we in the same boat fam 🚣♂️
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Jamal Carter
ayy refund twins! 🤜🤛 let me know when yours hits
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Dylan Cooper
the fact we gotta play detective with our own money is crazy to me fr
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Sofia Perez
ong this whole system needs an upgrade 🤡
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Dmitry Smirnov
stuck on 570 for 6 months, yall lucky fr fr 😭
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