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Be careful with this situation. My transcript looked exactly like yours last year. Blank with only the 'as of' date changing. Turned out there was an identity verification issue. The IRS never contacted me. Six months went by. Finally called them directly. Had to verify my identity. Refund came three weeks later. Could have been resolved months earlier. Don't just wait indefinitely. Check for letters in mail. Consider proactive identity verification through ID.me. Better safe than sorry.
Have you tried checking the Where's My Refund tool instead of just the transcript? I filed exactly 27 days ago with 2 dependents, and my transcript was completely blank until yesterday. The WMR tool updated 3 days before my transcript did, showing the progress bar moving to the second stage. My refund was deposited exactly 29 days after filing, even though my transcript only updated completely the day before the deposit came through.
Have you noticed if this pattern applies to all types of returns, or is it more common with certain tax situations? For example, does it seem to affect W-2 only filers differently than those with self-employment income? What about returns with dependents versus those without? I'm wondering if we can narrow down exactly what combination of factors makes early filing more likely to trigger verification. This could be incredibly helpful for everyone planning their filing strategy for next year.
Does anyone know if e-filing versus paper filing makes a difference with these verification issues? I've always e-filed in January and gotten delayed, but I'm wondering if paper filing would be better or worse for avoiding verification?
I was a victim of identity theft a few years back, and let me tell you - I've been filing in mid-February ever since and haven't had a single verification letter! š My tax guy said the IRS actually adjusts their fraud filters throughout the season, so what triggers a verification flag in week 1 might sail through in week 4. Not scientific, but it's worked for me!
I've tracked my filing dates and refund timelines for exactly 7 years now. January filings averaged 42 days to receive refund. February filings averaged 19 days. Last 3 years I've filed between February 7-12 and received refunds within 21 days consistently. The data supports your theory. 63% of early filers in my tax group reported verification letters vs only 17% of February filers. Thank you for sharing this insight!
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.
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.
Honestly, the IRS timelines are meaningless this year. They keep saying "21 days for most refunds" but I've seen people who filed in January still waiting while others who filed in mid-February already got their DDD. The Refund Cycle Chart used to be reliable but seems completely irrelevant for Tax Year 2023 processing.
I believe the current processing timeframe is approximately 21-25 days for most standard returns, though this can certainly vary based on several factors. If you claimed the Child Tax Credit, there may be additional verification processes that could potentially extend this timeline somewhat. In my experience, returns with a single dependent that don't have other complicating factors typically process within the standard window, assuming there were no flags raised during the initial review.
Anna Kerber
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.
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Niko Ramsey
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.
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Danielle Mays
ā¢Thank you for sharing your experience. This is really helpful information for those of us trying to decide which service to use next year.
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Arnav Bengali
ā¢Did you have to manually enter all your information when you switched to FreeTaxUSA? I've been with TurboTax for years and I'm worried about the hassle of starting over with a new service, but these fees are getting ridiculous.
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