Welcome to the waiting game! 😅 Just to add to what others said - the issued date is definitely when they release it, but your bank matters a lot. I've seen people with the same issued date get their money on different days. If you're really anxious about timing, you can also call your bank and ask about their ACH processing schedule. Some banks process deposits overnight, others wait until business hours. Hang in there, you're almost done!

Just went through this same situation last week! The issued date on your transcript is when the IRS actually sends the money out, not when it hits your account. For me it was exactly 3 business days from issued date to seeing it in my checking account (Bank of America). The waiting is definitely the hardest part but once you see that issued date you're basically home free! 🎉

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.

Just wanted to jump in here as someone who's been through this exact scenario! I switched to Varo specifically because of their early deposit feature, but learned the hard way that tax refunds don't always follow the same pattern as regular payroll deposits. Here's what I've observed from my own experience and tracking this community: • Varo's early deposit works great for predictable payments (like paychecks) • Tax refunds are more variable because the IRS controls the release timing • Your 3/26 DDD is still valid - most people see deposits between 9am-5pm on their DDD • The fact that WMR shows "approved" is a good sign - means no holds or issues I'd suggest checking your account every few hours rather than constantly refreshing. The stress isn't worth it when you're already dealing with caring for your mom. If nothing by tonight, definitely contact Varo tomorrow morning to confirm they don't have any flags on your account. Hang in there - you're not alone in this waiting game! 💪

Have you tried reaching out to your local Taxpayer Advocate Service? They might be able to help if you're having trouble getting through to the IRS directly.

@Brady Clean mentioned the Taxpayer Advocate Service - that's actually a great suggestion! I used them last year when I was stuck in a similar situation. They're like a lifeline when the regular IRS channels aren't working. You can find them at taxpayeradvocate.irs.gov or call 1-877-777-4778. They're specifically designed to help when you're having problems getting through normal channels. Worth a shot before paying for third-party services!

Code 960 can definitely be stressful! I went through this same situation about 8 months ago. In my case, it was triggered by a discrepancy with my W-2 wages that my employer had to correct with the IRS. The whole process took about 14 weeks, but I did get my full refund plus interest like others mentioned. One thing that helped me stay sane was setting up an IRS account online so I could check for updates weekly instead of obsessively checking daily. The transcript will update with new transaction codes when things start moving again. Hang in there - the waiting is the worst part but most 960 cases do resolve successfully!

I'm going through the exact same thing right now! Got code 960 about 5 weeks ago and it's been radio silence since then. Reading everyone's experiences here is actually making me feel a bit better - at least I know I'm not alone in this waiting game. The interest payment is a nice consolation prize I guess, but man I really needed that refund for some unexpected car repairs. Has anyone here tried calling the IRS directly about a 960 code or is it pretty much just a waiting game until they're done with their review?

What software are you using? I had the same confusion with TurboTax but they have a section that explains this. They specifically say that yes, NIIT is an additional tax on investment income - so your understanding is correct.

You're absolutely correct - this is indeed how the NIIT is designed to work! I went through the exact same confusion when I first encountered Form 8960. It does feel like double taxation because, in a way, it is. Think of the NIIT as a separate Medicare contribution tax that kicks in for higher-income earners. Your investment income gets taxed once as part of your regular income tax (on lines 2b and 3b of Form 1040), and then if your MAGI exceeds the threshold ($200K for single filers), that same investment income gets hit with an additional 3.8% tax. Your calculation looks spot-on: $20,250 in net investment income × 3.8% = $769.50. This is completely separate from and in addition to whatever regular income tax rate you're paying on that same $20,250. It's frustrating, but it's been the law since 2013 as part of the ACA. The good news is you're filling out the form correctly - many people get tripped up thinking they made an error when they see this "double taxation" effect for the first time.