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I'm in almost the exact same boat! Got my DDD of 2/24 this morning too but using Chime instead of CashApp. Has anyone received their deposit yet who had the same date? Is the TurboTax 5-day early thing working this year? What about previous years - did it actually come 5 days early? I'm so confused about how this all works.
I think it depends on when the IRS actually sends the payment file... They might say 2/24, but sometimes they send the file earlier. The banks then process it when they receive it, which could be before the official date. But I wouldn't count on any specific timeline.
Has anyone had issues with their CashApp account getting limited after receiving their tax refund? I'm worried about potential flags for large deposits.
I got my refund through CashApp last year with a similar setup! Had a DDD of 3/1 and it hit my account on 2/27 - so only 2 days early. The whole "5 days early" thing feels like tax season clickbait sometimes š. This year I'm using TurboTax again but with a credit union account instead. The nice thing about CashApp was the instant notification - got a ping at 3am when it landed! Made me jump out of bed to check if it was real lol. Just make sure your CashApp is fully verified with all the identity stuff or you might hit deposit limits.
I had the exact same issue three weeks ago! According to the IRS operations dashboard (https://www.irs.gov/newsroom/irs-operations), they're currently processing a higher volume of returns than usual. My 570 code changed to 571 after 18 days, then 846 appeared the next day. My direct deposit hit my account exactly 5 days after the 846 code appeared. Just hang tight - the system is slow but it works!
If you're still seeing the 570 code after 21 days, try checking your return for these common issues: 1. First, verify your income documents match what employers reported 2. Next, check if you claimed any credits that might need verification 3. Then review if you have any past-due debts that could trigger an offset 4. Finally, consider if you have any identity verification requirements If none of these apply, you might want to request a tax account transcript rather than just a return transcript - it shows different information that might explain the hold.
Be careful with this situation. Last year I filed on January 25th and had the same "no transcript available" issue. I ignored it thinking it would resolve itself. By March 15th, still nothing. When I finally got through to the IRS on April 10th (two days before the deadline!), they told me my return had been rejected due to an ID verification issue, but the rejection notice went to my preparer who never told me! I had to rush to refile and nearly missed the deadline. Check with your tax preparer to make sure they received confirmation of acceptance, not just submission.
Wow, that's concerning. Did you have to do anything special when you refiled? Did they make you verify your identity again? I'm experiencing something similar right now and worried I might be in the same boat.
This happens when the preparer doesn't set up their software to forward IRS notices to you. Always get the acceptance confirmation number from your preparer. Not just the submission confirmation. They're different things. The acceptance means IRS took it. Submission just means it was sent.
I got my refund on GoBank last month. Had similar concerns. Called their support. Got confirmation on limits. Set up transfers immediately. Moved $2500 daily. Took four days total. No fees charged. Used their app. Process was smooth. Just needed patience. Worth the extra steps. Got all my money eventually. No regrets.
The exact GoBank daily transfer limit is $3,000 for external accounts. Their monthly limit is $10,000. Chime accepts transfers up to $25,000 per day from external accounts, contrary to what you heard. The $10,000 Chime limit applies specifically to direct deposits from certain sources, not transfers. You can verify this by calling Chime at 844-244-6363. I recommend transferring exactly $3,000 on day one, then $3,000 on day two, and the remaining $2,000 on day three. This stays within GoBank's limits while moving your full refund within 72 hours.
Amun-Ra Azra
The collective wisdom around here is that N/A transcripts without notices is usually just the IRS being the IRS š. Seriously though, we've seen hundreds of similar posts this season - almost everyone eventually gets their transcript and refund without any action needed. The only time to worry is if you hit day 45 with no movement or if you get an actual notice. Until then, it's just the waiting game that we all *love* so much!
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Summer Green
Be careful about checking too frequently. IRS.gov has authentication limits that can lock you out if you make too many attempts in a short period. I learned this the hard way when I checked 6 times in one day using https://www.irs.gov/individuals/get-transcript and got locked out for 24 hours. Now I only check every 3 days and set calendar reminders instead of constantly refreshing.
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