I've been through this exact situation three years in a row now. Here's what's happening: 1. Republic Bank has received notification from the IRS that your refund is approved 2. They've initiated the transfer to Navy Federal 3. Navy Federal typically doesn't show pending deposits from tax refunds until very close to posting Last year my DDD was a Friday just like yours, and the money showed up in my Navy Federal account Thursday morning without ever showing as pending. The year before, it appeared exactly on the DDD. I remember panicking just like you are now, but it always came through. If Friday comes and goes with no deposit, then you can start making calls, but I'd bet good money you'll see it by then.

Just to clarify some confusion I'm seeing in the comments - Republic Bank is a tax refund processor that many tax preparation companies use. They aren't actually your bank. They receive the funds from the IRS, take out any preparation fees you owed (if you opted for fees to be taken from your refund), and then forward the remainder to your actual bank (Navy Federal). This process typically takes exactly 24-48 hours. I've tracked this for the past 3 tax seasons, and the average time between Republic notification and Navy Federal deposit was 37.5 hours.

Per Internal Revenue Manual 21.4.1, transaction codes are primarily for internal use by IRS employees. TC 570 indicates a temporary hold on refund processing per IRM 5.19.9.1.2, while TC 971 simply indicates that a notice was generated. The confusion stems from public access to a system designed for trained personnel. Would you agree that the issue is not the availability of information but rather the contextual knowledge required to interpret it?

I built a spreadsheet to track my transcript codes over three filing seasons and found that 92% of temporary holds (TC 570) cleared within 14 days without any action on my part. The API data from the IRS master file shows most processing delays are algorithmic verification steps rather than actual problems. My recommendation: check your transcript once a week maximum. Daily checking statistically provides no benefit and increases cortisol levels unnecessarily.

I've been through this frustration. Here's what I learned: • Cash App deposits aren't processed any differently by the IRS • Filing after mid-February puts you in the high-volume period • International status sometimes triggers additional review • The "Where's My Refund" tool often doesn't update properly • Transcripts give more accurate information than WMR I filed 2/15 and just got my refund yesterday. Patience is unfortunately the only solution unless there's an actual error.

I've been tracking refund patterns for several years now. On March 12th, 2024, the IRS announced they're experiencing higher than normal processing times due to increased fraud prevention measures. Returns filed on February 22nd typically would process by March 14th in normal years, but this year we're seeing 30-45 day timelines becoming standard. April 5th would be your 43-day mark, so I'd expect movement by then. If April 8th comes with no update, that's when I'd recommend contacting them directly.

I don't think this is accurate information. I worked in tax preparation for 3 years and Republic Bank doesn't just randomly switch people from direct deposit to paper checks. There are specific triggers that cause this: 1. Incorrect routing/account numbers 2. Account not in your name 3. Bank rejected the deposit 4. You exceeded the limit of 3 deposits to one account Something else is going on here. The IRS doesn't allow banks to hold refunds like this. You should immediately check your transcript for code 971 (notice issued) which would explain the real reason.

I believe what might be happening here is possibly related to Republic Bank's refund transfer product, which sometimes defaults to paper check delivery if certain conditions aren't met. In my experience last tax season, there are a few things that could have potentially triggered this switch: 1. If you perhaps opted to have your preparation fees deducted from your refund, this generally requires using their transfer product 2. If your banking information possibly didn't pass their verification process 3. If there was maybe a discrepancy between the name on your tax return and your bank account It's somewhat frustrating, but generally speaking, once they print the check, you should typically receive it within 5-7 business days, depending on your location and mail service efficiency.

FYI - the IRS has been sending out verification ltrs way earlier this yr. Used to be they'd wait til processing was almost done, but now they're sending them out asap to spread out the workload. It's actually better this way bc you can get the verification process started earlier. Doesn't mean anything's wrong w/ your return, just that they need to confirm something. NBD really, just follow the instructions exactly and you'll be fine. WMR prob won't update until after they process your verification response.

Oh my goodness, I'm so glad I found this thread! 😫 I literally just got my verification letter yesterday and was freaking out because I thought I did something terribly wrong! My WMR still shows the first bar too, and I'm getting so worried because I NEED this refund for some medical bills that are coming due. Does anyone know if responding online through the ID.me verification is faster than mailing back documents? I'm feeling so stressed about this whole situation!

Navy Federal changed their system this year. They don't show pending IRS deposits anymore. Period. I work in banking operations. What's happening is they're still receiving the ACH notification but they've disabled the pending display feature for government deposits specifically. Why? Because too many members were calling when deposits didn't post exactly when expected. Your money will arrive on 5/22. If it doesn't, then you can worry. Until then, their system is working exactly as they designed it to - just not how we'd prefer it to work.

Here's what the community has figured out about Navy Federal and tax refunds this year: 1. First, confirm your DDD on the IRS website (Where's My Refund or transcript) 2. Don't expect to see any pending transaction in your Navy Fed account 3. The money will typically appear between midnight and 6am on your actual DDD 4. Some members report funds appearing at odd hours (3am, 5am) on the DDD 5. Navy Federal's automated phone system sometimes shows the updated balance before the app does This seems to be their new normal procedure. Most people report successful deposits on their DDD with no issues - just no advance notice like in previous years.

According to the NACHA (National Automated Clearing House Association) rules which govern direct deposits, banks are permitted to place reasonable holds on large deposits for security purposes. The IRS website (https://www.irs.gov/refunds/direct-deposit-limits) mentions that refunds can take up to 5 business days to be deposited after a DDD. I've seen numerous reports on r/tax and r/personalfinance about First Horizon specifically having longer processing times for tax refunds compared to regular direct deposits. You might want to check their specific funds availability policy which should be available on their website or in your account agreement.

I had EXACTLY this issue with First Horizon last month. My DDD was 2/8, and the money didn't appear until 2/15. I called every day and got different answers each time. One rep said they had no record of the deposit, another said it was pending, a third said it was on hold. When I finally got the branch manager involved, they admitted they have a standard 5-business-day hold on all tax refunds over $2,500 as an "anti-fraud measure." They eventually released it early after I provided documentation from the IRS confirming the deposit date. So frustrating!

I had the exact same codes on March 12th. Got a letter dated March 15th asking to verify my identity. Called the number in the letter on March 18th, verified myself, and my refund was deposited on April 2nd. The 03 cycle code typically means your account updates on Wednesdays, so check your transcript again tomorrow. If you don't receive a letter by April 15th, I'd definitely call to see what's happening.

Got the same codes back in Feb. Freaked out at first ngl. 570 showed up first, then 971 a week later. Then boom - got a 571 (release of hold) and 846 (refund issued) exactly 14 days after the 971 appeared. DD hit my acct 2 days after that. Hang tight, prob just CTC verification. Super common this yr.

Has anyone tried contacting their tax preparer directly abt this? Mine was able to see more details in their system than what SBTPG shows us. Just wondering if that's another option b4 the money arrives?

Let me clear this up for you based on my experience last month. SBTPG's phone system and website are basically on different timelines. When the phone says "paid" it means the IRS has sent your refund to SBTPG and they've received it. When the website says "unfunded" it means they haven't yet processed the payment to send to your bank. For me, I got my direct deposit exactly 2 days after hearing "paid" on the phone. The website didn't update until AFTER the money was already in my account! I was checking my bank account every hour like a crazy person, and then boom, there it was even though the website still said unfunded.

I went through this exact scenario three weeks ago. Here's what happened step by step: 1. Filed my return on February 10th 2. Got letter about ID verification on March 1st 3. Called IRS on March 5th, was told verification was reversed 4. Transcript updated with code 571 on March 10th 5. DDD appeared on transcript on March 12th 6. Money in my account on March 14th Total time from being told verification was reversed to money in account: 9 days. Hope this helps set your expectations!

Word of caution: I had this happen last year and thought everything was fine, but then my return got flagged for a different issue two weeks later. The reversal of ID verification doesn't guarantee smooth sailing. In my case, they reversed the verification but then selected my return for a random review of education credits. This added another 45 days to my processing time. Not trying to worry you, but just be aware that one hurdle cleared doesn't mean you're completely in the clear. The IRS has multiple layers of review that operate independently.