I've been through this exact situation three years in a row. The date on your transcript is when the IRS officially processed your return, not when you submitted it. Last year my transcript showed February 27th when I filed January 30th. Year before that was a 22-day difference. As long as you have your submission confirmation, you're covered for any deadline issues. The IRS keeps your original submission date in their records even if the transcript shows differently. I've never had any problems with refunds because of this.

According to IRS Publication 5344, the date shown on your transcript is the processing date, not the submission date. Per Section 4.19.3 of the Internal Revenue Manual, the IRS maintains separate records of actual receipt date versus processing date. I've worked with hundreds of clients who've had this exact concern, and it's never impacted their refund timing or created any legal issues regarding filing deadlines. Your January filing date is what matters for compliance purposes, even if internal IRS processing didn't occur until March.

I filed on February 12th, 2024 and had the exact same issue. My WMR showed a deposit date of March 3rd but transcripts were completely blank until March 1st. The money hit my account on March 4th (one day after the official date). The transcript finally updated on March 5th, showing everything processed correctly. TurboTax took their fees ($89 in my case) and the rest came through fine. The key dates to watch are your DDD (March 5th) and then 1-2 business days after for the actual deposit.

The community wisdom on this is pretty consistent: when refund transfers with fee deductions are involved, there's almost always a disconnect between WMR and transcript availability. This appears to be, at least in part, because the IRS systems that feed these different tools don't synchronize in real-time. The WMR tool might be pulling from the Refund Processing Database (RPD), while transcripts are generated from the Integrated Data Retrieval System (IDRS), which may update on different schedules. Additionally, the third-party bank handling (possibly SBTPG or Republic Bank) creates an additional layer that can somewhat obscure visibility into the process. Most users report that despite these discrepancies, funds are typically received within 1-2 business days of the stated DDD, though occasionally it might stretch to 3 days depending on your bank's processing times.

Tax refund processing is like a plane landing at a busy airport - it has an expected arrival time, but sometimes there's a holding pattern before touchdown. Your money is in that holding pattern between the IRS and your bank. Have you checked if TurboTax took their fees from your refund? That's like adding another layover to your refund's journey.

This is happening to way more people than last year! My sister got her California refund 7 days after the WMR date, while I got mine exactly on time. Same bank, same filing software, both claimed CTC. The difference? She had her TT fees taken out of her refund, I paid upfront. You need to call your bank TODAY - some are holding tax refunds for fraud review but won't tell you unless you specifically ask about pending government deposits.

Last year I had exactly $4,327 coming as a refund. IRS approved it on a Tuesday, SBTPG received it Wednesday, they took their $39.95 fee, and sent $4,287.05 to my bank on Thursday. But my bank didn't post it until Monday! So even though SBTPG processed it within 48 hours, it felt like a week-long wait. Have you checked with your bank to see when they typically post ACH deposits from SBTPG?

According to the SBTPG support pages (https://www.sbtpg.com/refund-status-faqs/), they typically process refunds within 1-2 business days after receiving them from the IRS. However, they don't always update the online status tracker in real-time. Sometimes your money is already on its way to your bank even when the tracker still shows "pending." It's frustrating, but many people report getting their money before the status page updates.

Watch out for bank issues too! My experience: • Got 846 code - celebrated too early • Amount was correct on transcript • Bank rejected direct deposit due to name mismatch • IRS sent paper check 3 weeks later • Lost almost a month of time Make sure your bank account info is 100% accurate. Double-check the name on the account matches your tax return EXACTLY. My refund was delayed because my bank account had my maiden name but tax return had married name. So frustrating! 🤬

The 846 code is like getting boarding confirmation for a flight - you're definitely on the plane, but there's still a small chance of last-minute changes. I had my 846 code appear in February, but then discovered my state tax refund (not federal) had an offset I wasn't aware of. Made me paranoid about my federal refund too, even though they're separate systems. Thankfully the federal came through exactly as the 846 showed, but I've been checking my account like a hawk watching prey ever since.

If you don't see movement by April 15th, 2024, you should absolutely call the IRS. Mark your calendar! I waited exactly 45 days with the same codes before calling on March 28th. The agent confirmed my CTC was under review but processed it while I was on the phone. My deposit hit on April 3rd. Time is critical here - the longer you wait, the further back in line you get. The IRS phone lines are least busy on Thursdays between 8-9am or after 6pm in my experience.

Have u tried checking ur account transcript instead of just the return transcript? Sometimes the acct transcript shows more deets about what's happening. The 570/971 combo usually means they're double-checking something, but it doesn't always mean bad news. Tbh, the WMR tool is kinda useless compared to the actual transcript codes. Lmk if u need help finding the right transcript to check.

Has anyone had experience with this happening with the very last payment? What happens if your December payment gets returned - do they just hold it until you file your taxes? Or do they try to reissue it since there are no remaining payments to distribute it across?

Be careful with this! On April 15th last year, I had a payment returned, but I never updated my address with the IRS directly (I only did a USPS change of address). The payment got returned but never redistributed because they didn't have my correct information. When I filed on January 28th this year, I had to specifically claim that missing payment on my return. The IRS doesn't automatically know where to send the money if they don't have your current information!

The delay you're experiencing is specifically related to the Basis Recovery Verification Protocol that the IRS implements for Form 8606 submissions. This protocol cross-references your reported basis with prior year contributions to ensure accuracy. For tax year 2023 returns filed in 2024, the IRS has implemented enhanced verification procedures due to changes in retirement distribution rules. Your return hasn't been selected for audit - it's simply going through this additional verification process. The typical completion timeframe for this verification is 45-60 days from acceptance date, not the standard 21-day timeline.

Isn't it frustrating how the IRS expects us to file on time, but then takes forever to process our returns? Especially when we're dealing with retirement accounts that already have complex rules? I waited 56 days last year for my refund after filing with Form 8606. The good news is that if they owe you money, they'll pay interest on the delay after 45 days from the filing deadline (or from when you filed, if you filed after the deadline). So at least there's that small consolation for the wait you're experiencing. Have you checked if your state refund is also delayed, or just the federal?

I moved here from Australia in 2022 and had similar confusion! What worked for me was going to a local IRS Taxpayer Assistance Center instead of calling. You need to make an appointment first at 844-545-5640, but I got WAY better help in person than I ever did on the phone. The lady who helped me spent almost an hour explaining everything I needed to know about filing as a new resident.

Pro tip from someone who's been dealing with the IRS for years: Always ask for a reference number at the end of your call. That way, if you need to call back, you can reference the previous conversation. Saves you from having to re-explain everything and gives your case some continuity. The 800-829-1040 number is correct, but document EVERYTHING they tell you.

Have you considered what happens behind the scenes with these refund deposits? When you pay TurboTax fees separately, the IRS sends your money directly to Current without any intermediary processing, right? But did you know that even with a direct deposit, the Treasury still releases funds in batches on specific days? I've seen multiple instances where Current showed deposits 2 days early, but I've also seen them arrive exactly on the DDD. Wouldn't it be safer to plan for the 26th and be pleasantly surprised if it arrives earlier?

Current Bank customer service confirmed to me directly that they post IRS direct deposits as soon as they receive them, regardless of the official date. They don't hold them. This is different from traditional banks. When you don't have TurboTax fees taken from your refund, the deposit comes straight from the Treasury. Your DDD is the GUARANTEED date it will arrive by, not necessarily the exact date it will post to your account.