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Have you checked if your bank processes deposits on the weekend? Many banks receive the transfer from SBTPG but don't actually post it to your account until the next business day. Could that be what's happening here? And have you verified that the account information is correct in both your tax return and on the SBTPG website? Sometimes small discrepancies can cause delays that aren't immediately obvious.
This is way better than what happened with TurboTax last year. At least with Credit Karma you can see the SBTPG status. With TurboTax last year, I had zero visibility into where my money was for almost a week after my DDD. The waiting is frustrating, but from what I've seen across various tax forums, almost everyone gets their money within 72 hours of the funded status. Hang in there - it's coming!
Be very careful with Republic Bank TPG processing! Last year my refund got stuck in their system for THREE WEEKS after the IRS released it. The IRS transcript showed "refund issued" but Republic claimed they never received it. Had to file a Case Inquiry Form with their Resolution Department using specific ACH trace numbers from the IRS. The issue was their internal Refund Clearing System (RCS) had flagged my account for "verification" but never actually reviewed it. Make sure you monitor both your IRS transcript AND Republic's portal.
April 15th is coming up fast - should I be worried about penalties if this delay continues? My return was accepted according to TurboTax on February 4th, but nothing has updated since.
I had almost the EXACT same experience! Did you have to keep calling them? My bank shows nothing pending and I'm getting desperate. How long after you filed the Case Inquiry Form did it take to resolve?
Everyone's telling you to wait, but that's like telling someone with a broken leg to be patient while the bone heals - technically correct but not helpful. Try requesting a taxpayer advocate through Form 911. It's like having a guide through the IRS maze instead of wandering blindly. I'm skeptical of the "just wait" approach because these adjustments can sometimes get stuck in processing loops if not actively addressed.
Does requesting a taxpayer advocate delay things further? I'm on a tight deadline with some bills coming due next month, and I'm worried that opening yet another process might reset some internal clock at the IRS. Has anyone had the advocate actually speed things up?
I really appreciate this advice! I had a similar situation last year with my Earned Income Credit, and waiting did nothing for 2 months. Once I got a taxpayer advocate involved, my refund was processed within 10 days. It was like night and day compared to just sitting around hoping for the best!
Had the EXACT same sitch last yr w/ my CTC. Got the 971 code on March 5th, notice arrived March 12th, refund finally hit my acct April 2nd. No 846 code until like 3 days b4 the $$ showed up. Tbh the waiting is the worst part, but at least ur transcript updated which is a good sign. Mine was stuck on N/A for weeks. U think they'd make this easier by now, right?
I've seen this exact scenario dozens of times in past tax seasons. The reduction is almost certainly an offset for some debt you may not even know about. Last year when this happened to me, I tried calling IRS directly for three days straight and couldn't get through. I finally used Claimyr (https://youtu.be/_kiP6q8DX5c) and got connected to an agent in 45 minutes who explained everything. They confirmed it was a student loan offset I wasn't aware of and helped me understand the appeal process. Definitely worth it instead of waiting on hold for hours.
Be extremely careful with this situation. According to Treasury Regulation ยง301.6402-6, you have only 60 days to contest an offset from the date of the notice (not from when you discovered the reduced refund). I failed to act quickly enough last year and lost my appeal rights. The BFS (Bureau of Fiscal Service) is very strict about deadlines even if you never received the notice. Document everything, including when you first discovered the reduced amount.
Diego Vargas
I completed my phone verification exactly 23 days ago! It was surprisingly easy. The agent asked me 6 verification questions that took precisely 12 minutes to answer. My transcript updated exactly 2 days later with codes 971 and 570, which then changed to 571 and 846 after 5 more days. My refund of $4,237 was deposited on day 9 after verification. I had prepared 14 different documents but only needed 3 of them. The whole process was much less stressful than I expected!
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NeonNinja
Quick follow-up question for you: โข Did they tell you specifically why your return was flagged for verification? โข Were you claiming any specific credits that might have triggered this? โข Did you file with a tax preparer or self-prepare? I'm trying to identify patterns in who gets selected for verification vs. full-blown identity verification letters. This could help others prepare proactively next tax season.
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