I'm not sure if this is relevant, but do you happen to know if Navy Federal treats these deposits differently based on account type? I have a checking account with them and was wondering if maybe savings accounts might process differently or if business accounts have different timelines?

My Navy Federal DDD was March 8th last year, and SBTPG took their fees on March 6th at 10:23am. The deposit showed as pending in my Navy Fed account on March 7th around 3pm, and was fully available on March 8th at 12:01am. The exact same pattern happened for my wife's return which had a DDD of February 22nd this year - fees taken, then pending deposit about 24 hours later. You're right on track for a normal timeline.

I've tracked this pattern for three years now. In 2022, I had a February 16th 'as of' date and received my refund on March 1st. In 2023, I had a February 22nd 'as of' date and still received my refund on February 28th. This year, I have a February 14th date, but based on previous experiences, I'm not expecting it any earlier than February 27th. The PATH Act mandates the IRS hold refunds until February 15th, but their actual release schedule typically begins the following week. I've found the cycle code on your transcript (usually near the top, formatted like 20240805) is a much better indicator of when you'll get paid than the 'as of' date.

Let me clarify something important about these dates. The 'as of' date on your transcript is NOT a refund date or even a processing completion date. It's simply the next scheduled date when the IRS computer system will run automated checks on your account. The difference between February 14th and February 21st is primarily related to which processing batch your return was assigned to during initial processing. PATH Act returns (those claiming EITC, ACTC, etc.) are subject to the February 15th hold regardless of 'as of' date. After February 15th, the IRS typically begins releasing these refunds in waves, with the first direct deposits hitting accounts around February 27th-March 1st. Your actual refund date will be indicated by a Transaction Code 846 on your transcript, not by the 'as of' date.

Def a thing w/ RushCard + TT combo this yr. IRS sent my refund on 4/2 per WMR, but RC didn't post til 4/8. Called RC customer svc and they said govt deposits have a "processing window" that can add 2-5 biz days. RC won't even see it in their system til it clears that verification. Annoying but normal. Btw check if TT took fees from refund - that adds another step too.

I see this confusion every tax season, and RushCard is actually slower than most traditional banks but faster than some other prepaid cards like NetSpend. While a regular bank might post your refund the same day the IRS releases it, RushCard typically takes 2-4 business days. Compare that to my credit union which posts pending deposits as soon as the ACH notification arrives. Your March 15th filing date plus normal 21-day processing plus RushCard's additional time means you're still within normal timeframes, though just barely.

Check your bank statements. Sometimes credits appear with different labels. Look for "TREAS" payments. They might be there. Also check if you had tax offsets. Child support? Student loans? Federal debts? These can intercept credits. The BFS handles offsets, not IRS.

Have you verified if the credits were actually approved on your account? When you look at your transcript, do you see exactly $1,400 for the first payment and $600 for the second payment listed as credits? What date does your transcript show for these credits being issued? Have you checked if they were perhaps sent as paper checks to a previous address?

I've been filing taxes for over 15 years now, and this DDD vs. actual deposit date confusion happens every single tax season. Back in 2019, I got my refund 2 days early. In 2020, it was exactly on the DDD. Last year, one day early. This year, right on the DDD again. Same bank throughout. I've come to believe there are multiple factors at play - not just your bank's policy, but also the Treasury's batch processing schedule, the day of the week your DDD falls on, and possibly even random variation in processing loads. The system isn't perfectly consistent year to year.

I was in EXACTLY the same situation with a DDD of 3/13/2024. My transcript showed cycle code 20240905 with the 846 refund issued code. My refund hit my account precisely at 3:14am on 3/13 - not a minute before. I've tracked this for three years now since I'm always counting on that money for spring expenses. My credit union has never once released my tax refund early, though they do release my paycheck a day early. Different ACH codes are handled differently by financial institutions. The Treasury uses a specific ACH code (XXX) for tax refunds that some banks treat differently than regular direct deposits.