Isn't it interesting how different banks handle the same IRS deposit information? I've been tracking refund patterns across different financial institutions for years, and Varo tends to follow a predictable pattern. Have you checked if your refund includes any tax credits? Credits like CTC or EIC often follow a different processing timeline, even with the same DDD. Have you verified your transcript to ensure there weren't any last-minute adjustments? In my experience, about 85% of Varo customers receive their deposits by 3pm on their DDD, with the remaining 15% arriving by midnight. The key is patience at this point - but set a reminder to contact both Varo and the IRS if nothing arrives by tomorrow morning.

I'M SO RELIEVED! My Varo deposit just hit at 2:37pm Eastern! I was in the exact same situation as you - DDD of 3/26, nothing early, and getting more anxious by the hour. The deposit came through with no notification - it just appeared in my account. Based on the IRS direct deposit protocols, they release funds in batches throughout the day, with the largest batches typically processed between 12-3pm Eastern. I recommend checking your account directly rather than waiting for a notification, as Varo's alert system sometimes lags behind actual deposits by 30-45 minutes.

I just went through this exact scenario on February 18th. Called TurboTax on February 20th and got the same information - payment received but not showing in my account. The agent told me it would post on February 25th. Sure enough, on exactly February 25th, my account updated. Your March 26th date is likely accurate to the hour. If it doesn't update by March 27th, call them immediately as the fiscal quarter ends March 31st and you want this resolved before their quarterly accounting closure.

The EXACT same thing happened to me!! I was so angry I took screenshots of everything. My payment was "pending" for $1,243 but my account showed $0 paid! I was panicking thinking I'd get hit with late payment penalties or something. But it did finally update on the exact day they said it would. The whole time I was thinking "how can a company that literally specializes in FINANCIAL SOFTWARE have such a terrible payment tracking system??" 🤬 So frustrating but at least you know you're not alone in this mess!

Tbh this is why I stopped using tax prep services that take fees from refund. The extra wait is brutal! Last yr switched to FreeTaxUSA and paid the $15 fee upfront w/ my CC. Got my refund DD straight from IRS w/o any SBTPG delays. Might be worth considering for next yr if the wait is stressing u out.

I've been through this SBTPG nightmare three years running. Last year they held my refund for 7 days after receiving it from the IRS. The year before that, it was 5 days. This year I wised up and just paid my preparation fees upfront. My refund came direct from IRS to my bank account in 13 days total. No more SBTPG for me ever again!

Have you checked if your return was actually accepted by the IRS? SBTPG won't create your account until that happens. Go back to TurboTax and check your e-file status first. If it shows accepted, then call SBTPG directly. Don't waste time with their website.

Omg I went through this EXACT nightmare last month! I filed on Feb 18th and couldn't access my SBTPG account for almost 3 weeks! I kept checking every single day and getting more frustrated. Turns out my return had a small review flag on it (nothing serious) but that delayed the SBTPG account creation. When I finally got through to someone, they told me they had my info the whole time but their system doesn't create the customer-facing account until certain processing steps are complete. So annoying they don't explain this anywhere! Just keep checking WMR and be patient - your money isn't lost!

There's a specific pattern with the February 25th direct deposit date this year. I've tracked this on several tax forums, and most people are seeing deposits hit on February 26th (today) rather than the 25th. As of February 26th at 10:30am, about 65% of Chime users with 2/25 DDDs have reported receiving their funds. The remaining should come through by end of day according to previous patterns from January refunds.

SUCCESS UPDATE: Mine just hit my Chime account! DDD was 2/25, deposit came through 2/26 at 1:42pm. According to IRS Publication 2043 (IRS Refund Information Guidelines for the Tax Preparation Community), the IRS issues refunds daily to authorized financial institutions. They're legally required to make deposits available by the next business day after receiving funds, but online banks like Chime typically process same-day when received.

I'm always suspicious when people post about getting their refunds so quickly. Most people I know (including myself) are still waiting, especially with all the verification delays this year. The IRS website clearly states 21 days is the minimum for most refunds, and those with credits can take 4-6 weeks. Maybe you got lucky, but this isn't the norm for most filers right now.

Nah, OP's timeline is legit. The 0505 cycle is processing on schedule rn. I work w/ tax prep and most of our clients w/ that cycle code are getting their DDDs as expected. The IRS is actually ahead of schedule compared to last yr. The 21-day guideline is just the IRS covering themselves. Simple returns w/o credits are moving faster this season, esp if you e-filed in Feb. Congrats on getting your $$ OP!

This is similar to what happens with regular tax refunds as well. The Where's My Refund tool often shows one status while your bank account tells a different story. When comparing the SBTG portal to other IRS systems, they all seem to suffer from the same delayed updates. I've found that direct deposit usually arrives 2-3 days before any status portal updates, while paper checks can take 5-7 days longer. I'd cautiously suggest that if your return was accepted and you haven't received any error notices, the funds are likely already in process despite what the portal shows.

Per Internal Revenue Manual 21.4.1.3(7), the update cycle for online portals occurs on a 24-hour delay from actual processing events. However, during peak periods (as defined in IRM 21.2.3), this can extend to 72-96 hours. As of April 2, 2024, the IRS is operating under Elevated Processing Protocols, which means all non-essential system updates are being queued with lower priority than actual payment processing. You should monitor your financial institution for the deposit rather than relying on the portal status. URGENT: If no deposit appears within 10 business days of acceptance, you should contact the IRS directly as this would exceed standard processing timelines even during peak periods.

Have you received any letters from the IRS? Sometimes they send notices requesting more information. Did you claim any credits? Those can delay processing. Are you checking WMR or just Netspend?

Based on what I've seen across multiple tax seasons, we're definitely experiencing longer processing times this year. In 2019, I received my refund in 6 days. In 2020, it took 9 days. Last year was about 12 days. This year, I filed on 2/15 and didn't receive my refund until 3/12 - nearly a month! The IRS is clearly struggling with volume and enhanced verification. If you don't see movement by the 30-day mark, that's when I'd start being more proactive about contacting them directly.

Be careful with SBBT. I had a similar situation where my transcript zeroed out and it took exactly 9 days to resolve. The issue was that my bank rejected the initial deposit due to a name mismatch (married name vs maiden name). SBBT had to reprocess everything. If you don't see movement in 3-4 days, I'd recommend calling SBBT directly at their customer service line rather than the IRS. The IRS won't have visibility into SBBT's processing status once they've sent the money to SBBT.

Think of your tax refund like a package being shipped. It's left the IRS warehouse (funded status) and is now on the SBBT delivery truck (unfunded with zeros). The tracking system sometimes loses visibility during the handoff, but the package is still moving. You might want to check if you have the SBBT app - it sometimes shows more current status than the IRS transcript does. Also, check your bank account directly rather than relying on the transcript status.

SBTPG delays happen every year. Common issue. Not a reason to panic yet. Check your bank account directly. Sometimes money arrives before status updates. Give it until Monday. Business days matter here. Weekend processing is slower. Call Tuesday if nothing changes. Keep documentation of everything. Screenshot your transcript. Note all contact attempts.

I was in the exact same situation last week. Waited 4 days past my DDD with SBTPG showing unfunded. I was getting really nervous about it. Then suddenly on day 5, the money just appeared in my account without any status change on SBTPG's website. Their system seems to be lagging behind actual transfers this year. I wouldn't worry too much until it's been at least 5 business days past your DDD.