Just a heads up - sometimes the 971 notice doesn't show online at all and only comes by mail. Mine took almost 2 weeks after the transcript showed the 971 code to actually arrive in my mailbox. But my refund still hit my account on the exact day shown by the 846 code.

Wait until you hear about cycle codes and processing weeks 🙃 The rabbit hole goes way deeper than just 846 and 971 codes. Been filing for 20+ years and I still don't understand half of what's on these transcripts.

I'm a tax preparer and I've seen this question a lot. Here's what's happening: The IRS sends an ACH transaction with a settlement date (the official DD date on your transcript). Traditional banks typically hold funds until that settlement date even if they receive the information earlier. CashApp, Chime, and some online banks choose to front you the money as soon as they see the pending ACH, which can be 1-5 days before the settlement date. It's not magic - they're just giving you access to the funds before they're technically required to. The actual timing depends on when the IRS initiates the ACH, which day of the week it is, and your bank's policies.

filed on 03/29, accepted 03/30, DDD of 04/12 on my transcript, and it hit my CashApp on 04/10 - so 2 days early.

Had the same issue – after identity verification my WMR changed but transcript stayed empty. Called the IRS tax advocate hotline and they told me that the different IRS systems don't always update at the same time. Transcript took about 2 weeks longer to update than WMR. Super annoying but at least it's moving forward for you now.

this is the worst tax season ive ever seen for delays. im a tax preparer and about 70% of my clients had to verify identity this year. most of them had the same experience as you - WMR updates quick but transcripts take 1-3 weeks more to update. as long as verification is complete youre good, just gotta wait for the slow irs computers to catch up to each other

I work at a bank (not Capital One) and this is totally normal. The Automated Clearing House (ACH) system that processes direct deposits works in batches, and most banks get notifications about pending deposits 1-3 days before the effective date. Some banks choose to make those funds available immediately while others wait until the actual date. The IRS doesn't control when your bank makes the money available - they just set the official date.

Super jealous over here 😭 Filed in february and STILL havent got my refund. WMR shows delayed beyond normal timeframe and transcripts have cycle code 0605 whatever that means. Anyone else dealing with this???

CURRENT USER WITH 4/15 DD DATE HERE TOO! Mine just hit my account about 20 minutes ago (12:47pm EST). Keep checking! 🎉🎉🎉

The early deposit feature mostly applies to regular paychecks, not tax refunds. Tax refunds are sent by the Treasury in batches and the timing can be unpredictable. I wouldn't count on the "2 days early" thing for tax refunds specifically.

Heads up - check if you claimed EIC or child tax credit. Those refunds legally can't be released before mid-February, and sometimes get further delayed. The DDD you see might not account for that.

Took 2 weeks past DDD for me and wells fargo... When I called WF they said they didn't have it. When I called the IRS they said they sent it. No one could tell me where the $ was. Then one day.... boom💰appeared in my account with no explanation. The system is broken beyond belief.

I used to work for the Indiana DOR (quit last year). They're absolutely swamped right now and the computer systems are from the stone age. They prioritize processing refunds in this order: 1) returns with EITC 2) simple returns with direct deposit 3) returns with complicated schedules 4) returns with paper checks. So where you fall in that queue makes a huge difference.

Check if you have access to your tax transcript through the IRS website. Might give you more info on what's happening with your refund than the standard "where's my refund" tool. And fwiw I'm in Ohio and my state refund took almost 6 weeks after my federal this year.

did u check SBTPG? If u paid ur fees with ur refund, ur $ goes to Santa Barbara Tax Products Group first. Google SBTPG wheres my refund and check there

TurboTax is awful with communication. Had the same issue, but money showed up fine. DDD is from the IRS, not TurboTax, so as long as that date is there you should be good.

When I had this problem last year taxr.ai saved me so much time and anxiety. It scanned my transcript and explained exactly what was happening with my return in normal human language. Also gave me a timeline estimate that turned out to be spot on. Sometimes the complexity of tax codes is just too much for normal people to figure out.

Transcript updates dont follow a strict schedule but Friday mornings are most common for major batches. If you filed in April youre probably looking at July for your refund honestly. The IRS is SWAMPED rn.

I literally just got off the phone with the IRS about this exact situation (after trying for DAYS to get through). My DDD was April 2nd with an offset for student loans. The rep told me the exact same thing - have to wait 5 days before they can even look into it. This bureaucracy is mind numbing.

Anyone else having trouble understanding all the different codes on their transcripts? I'm looking at mine and have no idea what half of this stuff means or how it relates to my offset and refund timing.