Anyone else notice MN is actually pretty fast compared to other states? My sister in California waited like 3 months for hers!

We filed ours Feb. 4 electronically and it's still processing. Getting really annoyed. Last year it took 4 months because "they lost it"

this means theyre done processing whatever issue they had with ur return. usually refund comes like 2-3 weeks after

Did you receive it?

Be careful about reading too much into the 'as of' date. Last year, mine changed 4 times, then I got a CP12 notice saying they were adjusting my refund amount. The changing dates were actually a sign they were reviewing my math, not that everything was proceeding normally. Ended up with a 2-month delay before I got my money.

Did you file with any education credits? I'm wondering if that's causing the delay since you mentioned you're a student. My American Opportunity Credit caused similar weird transcript behavior last year.

Code 150 = tax liability from ur return. Not what u owe/get back. Example: My transcript showed 150 code w/ $5,240 but I got $2,180 refund cuz my withholdings (code 806) were $7,420. Do the math: $7,420 - $5,240 = $2,180 refund. Look for codes 806/826 for payments & 766/768 for credits. Bottom line on transcript = final amt.

I analyzed 37 different tax transcripts last year while helping friends with their taxes. The code 150 amount is precisely your tax liability calculated on Form 1040 line 16. To determine if you owe or will receive a refund, you need to subtract this amount from the sum of your withholdings (code 806), estimated payments (code 826), and credits (codes 766, 768, etc.). For example, if your code 150 shows $2,480, and your withholdings (code 806) total $3,000, you would receive a $520 refund ($3,000 - $2,480 = $520).

Be careful about reading too much into these dates. Last year I convinced myself that the "as of" date meant my refund was coming that week. Ended up making financial plans based on that assumption. Big mistake. The date changed three more times over six weeks before I actually got my money. Now I only trust the actual 846 refund issued code with a date - nothing else on the transcript is reliable for timing.

The IRS transcript is like a book written in two different languages simultaneously. The cycle code (05 in your case) is like the chapter structure - it tells you when new chapters might be added (weekly updates). But the "as of" date is more like a librarian's note about when they last checked the book - it doesn't actually tell you anything about the story itself. Most of us in this community have learned the hard way to focus on the cycle code and the actual transaction codes (like 570, 971, 846) rather than the "as of" date which is mostly internal IRS bookkeeping.

I've been through three reviews. Each one different. Last one took six months. IRS needed proof of dependents. Sent birth certificates. They wanted school records too. Very stressful. Keep copies of everything you send. Take photos before mailing. Call every three weeks for updates. Be patient. Reviews are normal. Don't panic.

Be careful about verification! I checked my transcript online which showed no review codes, so I assumed the letter was a scam. Ignored it completely. Six months later I got hit with a CP2000 notice for $7,400 in additional taxes plus penalties because I never responded to the legitimate review. According to https://www.irs.gov/individuals/understanding-your-cp2000-notice, the IRS might not immediately update your transcript with review status. Always call the IRS directly using the number from their official website (not the letter) to verify any notice you receive.

Think of the IRS phone system like trying to get concert tickets for a popular band - everyone's calling at the same time using the same approach. Services like Claimyr are essentially like having someone wait in line for you. Is it necessary? No. Can it save hours of frustration during peak season? Absolutely. When you're dealing with military deployment and handling finances solo, the time saved might be worth the cost - it's like paying for expedited shipping when you need something quickly.

The 'taxes under review' status after identity verification is actually quite common this year. Did you know the IRS has increased verification measures by approximately 35% for the 2024 filing season? It's part of their effort to combat the rise in tax identity theft. Most returns flagged for identity verification that successfully complete the process move to approved status within 7-14 days. Military returns sometimes get additional scrutiny due to complex residence situations, but they also have dedicated processing teams.

The PATH Act isn't just about timing - it's about the IRS's fraud prevention system. When you claim refundable credits like the Child Tax Credit, your return automatically gets flagged for additional verification regardless of when you file. The February 15th date is just when they're legally allowed to begin releasing refunds, not when they automatically do so for everyone. Some returns sail through right after the 15th while others face additional scrutiny.

I've been filing taxes with dependents for 8 years now, and I've tried filing at different times each year. In 2020, I filed January 31st and got my refund March 2nd. In 2021, I filed February 20th (after PATH lifted) and still got my refund March 5th. In 2022, I filed February 1st and got my refund February 28th. Last year, I filed February 18th and got my refund March 10th. This year I filed January 29th and just got my refund yesterday (March 2nd). My conclusion? There's minimal advantage to waiting, and the processing time varies year to year regardless of when you file.

I waited exactly 47 days with zero updates after being accepted on January 23rd. Nothing worked - not calling, not checking transcripts, not the stupid tax advocate service. What finally worked was filing Form 911 (Taxpayer Advocate Service request) and specifically citing financial hardship. Within 8 days of submitting that form, my transcript updated and I got my refund 4 days later. It's ridiculous we have to jump through these hoops, but if you're desperate, it's worth trying.

This is consistent with what we're observing in the Return Processing Pipeline this season. There appears to be a systematic delay affecting approximately 15-20% of returns filed between January 22-29. The IRS Master File processing system undergoes periodic batching protocols, and your return may be caught in what we call a "processing queue anomaly." These typically resolve within 45-60 days of acceptance without requiring taxpayer intervention. The absence of transcript updates specifically indicates your return is in pre-processing status rather than under review or audit, which is actually a positive indicator.

Just to clarify something important here - TurboTax isn't letting you amend until February 15th because the IRS doesn't open the amendment system (Form 1040-X electronic filing) until then. It's not TurboTax being difficult, it's an IRS system limitation. Kind of like trying to return an item to a store that's closed for inventory... the store exists, the return policy exists, but you still can't do it until they open the doors again. 😅 I wouldn't count on calling the IRS as a quick solution either - their phone systems are about as efficient as a chocolate teapot this time of year.

Be extremely careful with this situation. I had a client who filed with incorrect W-2 years and decided to "just wait and amend later." The IRS systems flagged it as potential identity theft since the income didn't match what was reported by employers. This triggered an account lock that took 9 months to resolve. Their refund was held, future filings were affected, and they received multiple notices requiring response. The IRS uses an Automated Underreporter (AUR) program that will catch this discrepancy 100% of the time. I strongly recommend documenting your attempt to correct this now, even if you have to wait to file the actual amendment.