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Have you checked your transcript online? Sometimes they update that before sending out notices. Might give you some info on whats going on with your check
Go to the IRS website and look for 'Get Transcript Online'. You'll need to create an account if you haven't already. It can be a bit of a process but its worth it
This is why we need serious tax reform. The system is broken and it's hurting hardworking Americans. We shouldn't have to jump through hoops just to get our own money back!
Preach! š The whole system needs an overhaul
Word of warning - don't rely 100% on TPG for accurate info. Last yr my TPG showed $0 for days after my DDD, but $ actually hit my bank acct on time. Their sys was just behind. OTOH, friend had TPG showing full refund amt but then got hit w/ offset he didn't know about, and actual deposit was way less. TPG doesn't always know about offsets, garnishments, etc. Best to check WMR and transcripts directly, TPG is just middleman.
This is absolutely correct. According to Internal Revenue Code section 6402(d), the Bureau of Fiscal Service is required to offset refunds for certain debts, and these offsets may not be reflected in third-party processor systems like TPG in a timely manner. I was impressed by how quickly my bank processed the deposit once it cleared TPG, though - less than 4 hours!
Just wanted to share some good news - my TPG finally updated this morning! I'm a weekly filer, no DDD until yesterday, and TPG was completely blank until about 3 hours ago. Now it shows my full refund amount as pending! Based on past experience, the money should hit my actual bank account in the next 24-48 hours. Hang in there - it's coming!
PATH Act returns are like packages stuck in customs - they've arrived at the destination country but need extra inspection before delivery. My transcript was N/A until February 18th last year, then suddenly appeared with all processing completed. It's like waiting for water to boil - seems like forever until suddenly it's done. With your 0605 code (which indicates refundable credits), expect your transcript to update around the same time frame as last year. The IRS processes in batches like a baker making cookies - yours is likely in the mid-February batch.
Well, color me surprised when I learned about all this PATH Act business last year! š I was checking my transcript hourly like I was refreshing sports scores during playoffs. N/A, N/A, N/A... then BOOM! Full transcript with DDD all at once. The whole PATH delay thing is honestly ridiculous - "Let's make people who need money the most wait extra long while we "verify" their return" - but at least it's predictable. Filed 1/24, transcript appeared 2/20, money in my account 2/27. Like clockwork! Hang in there, tax buddy.
Are you seeing any TC 150 posting to your account yet? What about your cycle code - does it end in 01, 02, or 05? The cycle code can tell you which processing batch your return is in, which directly affects when your DDD (Direct Deposit Date) will be issued. Did you also check your Return Transcript in addition to your Account Transcript?
I might be able to provide some insight here. Last year, my transcript updated on February 11th with codes 150 (return filed), 806 (withholding credit), and 570 (additional account action pending). The 570 had me worried, but it was removed five days later and replaced with an 846 code dated for the following Wednesday. My refund hit my account exactly on that date. The WMR tool, however, didn't update until literally the day before my deposit arrived. The systems seem to operate on completely different schedules, which is probably why you're seeing this discrepancy.
Mei Chen
guys. we need to stop complaning and do something about this. who's down to storm the irs building with me? š¤ā
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CosmicCadet
ā¢Calm down there, cowboy. Let's not catch a felony over a delayed refund š
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Liam O'Connor
Pro tip: If you owe them money, they'll find you real quick. But if they owe you? Prepare to wait until the heat death of the universe š
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