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Have you received any letters or notices from the IRS? Sometimes they send a letter requesting additional information but don't update the online systems right away. Also, did you check both account transcript and return transcript? Sometimes one will update before the other.
The N/A transcript with a processing delay message is a classic indicator of a CP05 review. This is an automatic compliance check where the IRS verifies income, withholding, and credits claimed. The cycle typically takes 45-60 days from filing date. Your 'as of date' of 4/26 aligns with this timeframe from your 1/29 submission.
Let me explain how the SBTPG process actually works, since there's a lot of misinformation: Step 1: IRS approves your refund and assigns a DDD (in your case 2/22) Step 2: IRS releases funds to SBTPG (usually midnight of your DDD) Step 3: SBTPG verifies the amount matches what they expected Step 4: SBTPG deducts their fees and TurboTax fees Step 5: SBTPG initiates ACH transfer to your bank/Cash App Step 6: Your bank/Cash App processes the incoming ACH Cash App is typically faster at Step 6 than traditional banks. Some people get lucky and SBTPG processes them a day early, but don't count on it.
Warning from someone who's been through this: Never pay TurboTax fees from your refund if you can avoid it! I paid $39 extra last year for the "privilege" of having SBTPG hold my money for 2 extra days. This year I paid TurboTax directly with a credit card and my refund came straight from IRS to my bank - got it 3 days BEFORE my official DDD! The SBTPG middleman just adds delays and their website never shows accurate info. Check https://igotmyrefund.com/forums for real-time reports from others with your same DDD.
The IRS website actually has a page that explains these transcript codes: https://www.irs.gov/individuals/understanding-your-tax-record. The 570 is definitely a hold, but it's often temporary. You can also check the Tax Time Guide on IRS.gov which mentions that many returns this year are being selected for additional review due to identity theft prevention measures. Most of these reviews are resolved automatically without any action needed from you.
This identity verification process is much more streamlined now compared to 2022. Back then, it would take 3-4 months after verification to get a refund. Now most people see movement within 2-3 weeks. Unlike the amended return process, which still takes 6+ months, the identity verification pathway is relatively quick. Similar to how the CP14 notice resolution improved this year, the identity verification process has been optimized as well. If you're coming from a divorce situation like I did, make sure all your personal information matches exactly across all documents.
Thank you for sharing this comparison! I was dreading a months-long wait after reading older posts. It's reassuring to hear the process has improved since 2022.
I got the verification letter in February. Completed it online immediately. Checked WMR daily. Nothing changed for two weeks. Then suddenly updated to approved. Got my direct deposit three days later. Total time was 16 days from verification to deposit. The online process was simple. Took about 10 minutes. Needed my ID and cell phone. Used ID.me system. Much better than calling.
Did you have to create a new ID.me account? I already have one for VA benefits but I'm not sure if it's the same system or if I'll need to make a new one specifically for the IRS verification?
Max Reyes
I'm actually going through a similar situation right now! I checked the wrong box on my grad school financial aid form in March. I'm feeling so anxious about it! What worked for me was: 1) Email financial aid office immediately with subject line "URGENT: Tax Filing Status Correction" 2) Call them daily until you speak to someone 3) Submit a formal correction request through their system 4) Provide a copy of your tax return or IRS transcript as proof 5) Get written confirmation they've updated your record. Don't just assume they'll fix it! I'm still waiting for mine to be fully resolved but at least they've acknowledged the issue.
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Aisha Jackson
ā¢Have you had any issues with your financial aid being delayed because of this correction process?
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Ryder Everingham
ā¢Thank you for sharing this detailed approach. I really appreciate the specific steps!
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Felicity Bud
I fixed a similar mistake last year. Here's what worked: got my tax transcript from IRS.gov, highlighted the filing date, wrote a brief explanation letter, submitted both to financial aid office, followed up with a phone call 3 days later. They fixed it in their system within 24 hours of my call. No penalties. No delays in my aid. The key was providing clear documentation and being persistent with follow-up. Don't just send an email and hope for the best - make sure a human actually reviews your correction request.
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Ryder Everingham
ā¢This is really helpful information. Did they require any specific format for the explanation letter or was it just informal?
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Adrian Connor
ā¢Did you have to go through the formal correction process on the FAFSA website first, or did you work directly with your school's financial aid office?
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