Has anyone received a CP05 notice after getting this code? I'm trying to figure out if the 0805 code always results in a letter or if sometimes they just release the refund without sending anything?

Code 0805 specifically indicates a manual review flag within the Return Integrity & Compliance Services (RICS) division. It's part of the pre-refund compliance check program that expanded significantly for Tax Year 2023. The IRS uses predictive analytics to flag returns, not necessarily because you did anything wrong. Returns with Earned Income Credit, Child Tax Credit, or Education Credits are statistically more likely to receive this code. Average resolution time is 45 days from the date of the code's appearance.

Everyone's focusing on the transcript, but the real issue is the processing backlog at the IRS Kansas City center (if you're in the western or central regions). They're prioritizing returns with refundable credits first, then simple W-2 only returns, and finally the more complex returns with multiple schedules. The "no return filed" message is just a placeholder until your return reaches the transcript database - it doesn't mean there's a problem. The system is just overwhelmed... again. (Shocking, I know! 😂) Check transcript Tuesday/Friday mornings when they do mass updates - that's your best indicator.

I might be able to offer some insight here. My return was accepted on February 3rd, and my transcript finally updated yesterday. It seems like, possibly, they're processing in batches based on filing method and complexity. My return was relatively simple - just W-2 income and standard deduction. No dependents or credits. So perhaps they're working through the simpler returns first? Just a theory, of course, but it might explain why some of us are seeing movement while others aren't.

I'm not convinced these timelines are accurate for everyone. It's like saying all boats rise with the tide, but some of us are stuck in different waters. I filed on 2/17 and I'm still waiting with no updates whatsoever. My friend filed a week after me and already received her refund. The system seems more like a lottery than a structured process.

The timing actually makes perfect sense if you compare it to previous years. I've been tracking my filing dates vs. refund dates for the past 5 tax seasons. When I filed mid-February last year, it took 26 days to receive my refund, compared to just 14 days when I filed in early January. The year before that showed a similar pattern - February filers waited about twice as long as January filers. It's all about where you land in the queue, and February is when things start backing up like rush hour traffic.

According to the SBTPG knowledge base (https://taxpayer.sbtpg.com/hbshared/faq), a trace number means the payment has been initiated but not necessarily completed. Your cousin should try logging into the SBTPG website directly - not through TurboTax or other tax software - and check the status there. The Wisely card also has its own portal separate from the card app that sometimes shows pending deposits earlier. Has he checked both places?

omg i had this EXACT prob w/ my wisely card last yr. sbtpg had the $$ for like 5 days after the trace # showed up. turns out they were waiting for some verification thing bc my address didn't match perfectly between IRS and what I gave wisely. had to call SBTPG directly (not the tax preparer) and confirm some details. got my $$ next day. ur cousin should def call SBTPG asap. their customer svc # is on their website. don't wait or it could take even longer.

Just checked my SBTPG account and can see they received my refund this morning. Status shows "Pending" with my Wells Fargo account info listed correctly. Last year my funds were available exactly 26 hours after they appeared in SBTPG. Has anyone found a way to track exactly when SBTPG initiates the transfer to Wells Fargo? Is there a specific status change we should be looking for?

There's an important distinction to make here - the DDD is when the IRS releases funds to SBTPG, not when SBTPG releases to your bank. Wells Fargo typically processes overnight ACH transfers in the early morning hours. I've had Wells Fargo for 7 years and they've never made funds available same-day as they receive them from intermediaries like SBTPG.