Just an FYI for everyone - if ur on cycle 05 and have a DDD of 2/16, most ppl will see deposits hit between 2/14-2/16. The system works like this: 1. IRS releases funds to banks 1-2 days b4 DDD 2. Banks process overnight (usually 12am-6am) 3. Some banks (esp credit unions) release early 4. Others hold til actual DDD If ur desperate for exact timing, call ur bank's ACH dept directly. They can confirm pending deposits b4 they post to ur acct.

I've experienced both early and on-time deposits with cycle 05. According to Internal Revenue Manual 21.4.1, the IRS transmits refund data to the Financial Management Service (FMS) which then initiates the ACH transfer to financial institutions. Last year my DDD was February 17th, and despite everyone claiming early deposits, mine hit exactly on the 17th with PNC Bank. Don't count your chickens before they hatch - budget as if you'll receive it on the actual DDD.

Last year I had a DD date of March 15th and obsessively checked my account every few hours. Ended up getting the deposit on March 14th around 11pm! My bank (Capital One) tends to post Treasury deposits as soon as they receive notification, even if it's outside normal business hours. I'd recommend setting up account alerts so you get notified immediately when any deposit hits rather than constantly checking.

The banking system is like a train schedule - it mostly runs on weekdays only. Even if the IRS puts your refund on the train (releases it), the train doesn't move on Sundays. Your best bet is to check your bank's pending transactions section if they offer that feature. Some banks like Chime or Cash App sometimes release government funds early, but traditional banks usually stick to the standard ACH processing timeframes.

Just a heads-up from someone who went through this last year - make sure you didn't accidentally claim any credits that might trigger a manual review. I waited 12 weeks for my MS refund because I claimed a home office deduction that apparently raised some flags. The system is so precise it can spot a single misplaced decimal point... unlike my ex's ability to remember anniversaries! 😂 But seriously, double-check your return if you claimed anything unusual.

Mississippi Department of Revenue implemented new fraud detection protocols for TY2023 returns. This has extended standard processing times by approximately 14-21 days beyond previous years. Returns with Schedule C income or claiming MS-specific credits undergo heightened scrutiny. Their internal processing matrix prioritizes returns based on filing method, complexity factors, and submission date. Current estimated timeline for non-complex February e-filed returns is mid-April completion.

I experienced this phenomenon last filing season. The IRS implemented Enhanced Validation Protocols (EVPs) that created a processing bottleneck during peak filing periods. My return showed a Submission ID but remained in Pre-Acceptance Queue status for approximately 96 hours before receiving the Acceptance Confirmation Code. This doesn't impact your Projected Deposit Date calculation, which begins from acceptance, not submission.

Be cautious about resubmitting your return if you don't receive acceptance soon. Last year, my client resubmitted after 4 days without acceptance notification, creating a duplicate filing situation that triggered an Automated Underreporter (AUR) case. This resulted in a TC 570 hold code on their account that delayed their refund by 11 weeks while the duplication issue was resolved through the Error Resolution System (ERS).

It might be worth noting that, in some cases, SBTPG may have legitimate reasons for holding funds. Their agreement with most tax preparers allows them to hold refunds for up to 5 business days for verification purposes, regardless of how fees were paid. They're probably not doing anything technically wrong, though it seems rather inefficient. I would suggest perhaps checking your tax preparation agreement, as you might have inadvertently agreed to these terms when you signed up for their services.

Just wanted to share I had the EXACT same prob last week!! Fed refund stuck w/ SBTPG even tho my fees came outta state. Called them 3x & finally got someone who fixed it right away. Said it was a "system flag" that didn't recognize state payment. Got my $$ next day direct deposit. Def call them ASAP, don't wait for it to resolve itself cuz it prob won't. GL with ur textbooks!

Are you seeing the "funded" status on the SBTPG website or through your tax preparer's portal? Sometimes they show different information and update at different times.

Tax professional here. The ACH trace number typically appears in the SBTPG system 12-24 hours after funding, but it's important to understand that this is just an internal reference. Most banks receive the ACH transfer overnight and process deposits in their morning batch cycle (typically 2-6am). If SBTPG shows funded today, you're almost certainly going to see the deposit tomorrow morning. The trace number itself is mostly useful for troubleshooting if something goes wrong, but its absence doesn't indicate a problem with your refund.

Credit Karma Card refund deposits tend to be much more reliable than traditional banks in my experience. When I compare to my husband who uses Wells Fargo, I typically get my refund 2-3 days earlier. The IRS sends the ACH files in batches, and Credit Karma processes them as soon as they receive the notification rather than holding until the official date like many traditional banks do. This is especially true compared to tax prep debit cards like H&R Block's Emerald Card, which were notoriously slow in previous years.

I'm not entirely sure about this, but you might want to consider checking your Credit Karma Card settings to make sure you have notifications enabled for deposits. Sometimes the money arrives but the app doesn't alert you properly. Also, it might be worth logging into the actual website rather than just using the app, as I've noticed the website sometimes updates balance information more quickly than the mobile version does.

Have you checked if your CashApp account has any receiving limits? According to https://cash.app/help/us/en-us/6402-direct-deposit-troubleshooting some users have limits that can affect tax refunds. Also, the IRS "Where's My Refund" tool (https://www.irs.gov/refunds) sometimes updates with more specific timing the morning of your DDD! I was shocked to learn this after years of filing taxes - the WMR tool actually gets MORE detailed on your deposit date.

I had my DDD on April 3rd, 2024 with CashApp and it actually hit at 1:23am that morning! Much better than last year when I had a May 17th, 2023 DDD that didn't arrive until 4pm. The IRS has been processing refunds faster this year with most people seeing deposits early morning of their DDD. One tip: make sure your CashApp is fully verified with all identity documents submitted or they might delay deposits.

SBTPG absolutely does receive funds before the DDD. I work in financial processing (not for them) and the ACH system doesn't work the way the previous commenter suggests. Financial institutions receive the pending ACH files 1-2 days before posting date. SBTPG chooses to hold until the official date because that's what their agreement with the IRS requires. It's not some conspiracy to earn interest - it's standard regulatory compliance. They'll process your payment on 2/25, not before.

I think there's confusion about how SBTPG compares to regular banks. When you see people posting that their bank released their tax refund early, that's usually with direct IRS deposits. SBTPG is different because they're a third-party processor - they have to wait until they actually receive the funds from the IRS, then they take out any tax prep fees you might owe, and only then do they forward the remainder to your bank account. In my experience last year, my credit union showed the deposit exactly on the DDD around noon, while my sister with Chase didn't see it until the next morning even though we had the same DDD.

The IRS Automated Clearing House (ACH) protocol initiates transfers in designated batches throughout the day. For Direct Deposit Dates falling on Fridays (like your 2/24), the Treasury Financial Management Service (FMS) typically initiates most transfers during the Thursday afternoon processing window. Chime's Early Access feature then processes these pending ACH transfers immediately upon receipt of the payment instruction rather than waiting for final settlement. This results in what they market as "getting paid up to 2 days early" but is technically just making funds available upon ACH notification rather than settlement. You should see the deposit by approximately 10:00pm tonight based on standard processing windows.

I'm literally in the same boat with Chime and a 2/24 DDD! I've been refreshing my app every 20 minutes all day! 😅 So frustrating when you're counting on that money! From what I've read, Chime deposits can hit anytime between 3pm-10pm the day before your DDD, but sometimes they don't show up until the actual date. Don't stress too much if it doesn't hit tonight - it will definitely be there by tomorrow!