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I'm a bit worried that I might have made the same mistake... I just filed through TurboTax last week and I think I may have clicked on this option without fully understanding what it was. I'm not entirely sure, but I believe it said something about getting my refund faster if I paid extra? Should I be concerned that this might delay my actual refund? I'm really counting on getting it as soon as possible.
OMG this exact thing happened to me last yr! TT charged me $25 for "5 days early" but my refund came ON THE EXACT SAME DAY the IRS said it would. Total waste of $$. Called cust svc and they gave me the runaround about "processing times" and "up to 5 days" language. Basically impossible to get refunded. FWIW I filed w/ FreeTaxUSA this yr and got my refund in 8 days w/ no extra fees. TT is getting worse every yr imho.
Thank you for sharing your experience. This is really helpful information for those of us trying to decide which service to use next year.
I'm so tired of the IRS and their mysterious cycle codes! š” The whole system is deliberately confusing. Technically speaking, cycle code 0605 means your account is processed on the 5th day of the week (Wednesday) in the 2024 processing year. BUT that doesn't mean your transcript updates that day. You should be checking your transcript Thursday mornings (after midnight Wednesday) and your WMR Saturday mornings. The disconnect between different IRS systems is why everyone gets confused.
Tax professional here. Cycle codes are interesting but not as predictive as people think. Last year I tracked 50+ clients' cycle codes and actual deposit dates, and found only about 60% correlation between cycle day and when updates actually appeared. For 2024 returns, I'm seeing 26-32 days as the average processing time for straightforward returns. My client who filed 2/22 with cycle 0605 just got their DDD yesterday. The IRS is working through a backlog from February, so I'd expect your update within the next 7-10 days based on current patterns.
I'm currently on day 22 of waiting after verification. My transcript shows code 971 dated 02/22/2024 and code 570 dated 02/29/2024. I received my verification letter exactly 11 days after filing. Completed verification online immediately. WMR still shows "being processed" with no bars. Anyone know exactly how many more days until I might see movement?
You might want to consider requesting a Taxpayer Advocate if this drags on past 21 days from verification. Call 877-777-4778 to request TAS assistance. They can often expedite cases where there's financial hardship or when normal IRS channels aren't resolving the issue. Document everything - dates of filing, rejection codes, when you received notifications, etc. This creates a clear timeline if you need to escalate. The verification process should be completed within 9 weeks of filing according to current IRS guidelines.
Tax professional here. Tax Topic 152 is simply informational and indicates you're due a refund. It's not specific to any credit or deduction. The marketplace insurance form (1095-A) requires additional processing because the IRS needs to verify the Premium Tax Credit information against what was reported by the marketplace. Have you checked your tax transcript on the IRS website? That would give us a much clearer picture of what's happening with your return. Also, when you say "accepted" - is that what the IRS Where's My Refund tool shows, or just what Cash App is telling you?
I filed on January 24th with marketplace insurance and had exactly the same situation. My transcript showed no movement for exactly 21 days, then suddenly updated with a direct deposit date. The refund hit my account 2 days later on February 16th at 3:27am. The 1095-A processing adds time but doesn't mean anything is wrong. Based on the last three years of filing with marketplace insurance, my refunds have taken 21, 19, and 21 days respectively from acceptance to deposit. It's like clockwork once you know what to expect.
Brady Clean
There are several reasons SBTPG can't find your info: ⢠PATH Act delays mean IRS hasn't released funds yet ⢠SBTPG only receives data after IRS approval ⢠System synchronization between IRS and SBTPG takes 24-48 hours ⢠Bank holiday delays can impact processing timeframes I wouldn't trust SBTPG's system for accurate status updates. Their database only updates after receiving confirmation from Treasury Direct, and they're notoriously slow with their status portal. Checking WMR or your transcript directly will give you more accurate information.
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Skylar Neal
I filed on January 26th and was in the exact same situation. My SBTPG showed nothing until February 23rd, and then suddenly updated with all my information. Got my refund on February 25th. The PATH Act delay is real - they legally cannot process certain refunds until after February 15th, and then there's still processing time after that date.
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