Be careful with relying solely on the transcript for exact dates. I've seen many cases where the deposit date shown doesn't match the actual deposit timing. Here's what you need to know: 1. First, create an account at IRS.gov 2. Navigate to the transcript section 3. Select "Account Transcript" for tax year 2023 4. Look for code 846 "Refund Issued" 5. Check the date associated with that code However, even after seeing this date, your bank may take 1-3 additional business days to process the deposit. Don't make financial commitments based solely on the transcript date.

According to IRS Publication 5192, taxpayers have the right to be informed about IRS decisions affecting their accounts. As of March 31, 2024, the IRS is experiencing significant delays in processing returns filed before February 15th. If you're unable to access your transcript online due to verification issues, you can request it by mail using Form 4506-T, but expect a 5-10 business day wait. Urgent cases may qualify for Taxpayer Advocate Service intervention under Internal Revenue Code Section 7803(c).

This happened to me in February. Got the "error status" message, then waited 3 weeks for a letter that never came. I tried calling back but couldn't get through for days. Finally used Claimyr (https://claimyr.com) to get past the hold times and spoke to an agent who explained exactly what was wrong - turned out to be a simple verification issue with my W-2. Got my refund a week later after they fixed it. Definitely worth the call if you don't want to wait until April 23rd.

Error" status usually means one of these things: 1. Math error'they re fixing 2. Missing information 3. Income verification issue 4. Identity verification needed 5. Credit eligibility check In most cases they fix it themselves. The April 23 date is likely when their system is scheduled to complete the review. If they need anything from you, the letter will sayso.

Last year I had a similar situation with code 846 dated for March 15th. I remember it clearly because I was planning to use the money for my son's spring break trip. The money actually hit my account on March 14th, a day early! I've noticed that Bank of America sometimes processes government deposits a bit early. My sister had Chase and got hers exactly on the date shown. So your mileage may vary depending on your bank, but it's usually right on time or occasionally a pleasant surprise of being early.

Be careful about counting on that exact date. My transcript showed 846 for February 8th, but my bank held the deposit for 2 additional days for "verification" since it was over $5,000. Caused me to bounce two automatic payments I had scheduled. Different situation than most people who get their money right on time, but just sharing so you're aware that things can go wrong even after the IRS does their part. If it's critical timing, maybe call your bank in advance to confirm they won't hold a government deposit.

I'm not entirely sure, but could there possibly be an issue with the routing number you used? CashApp sometimes provides different routing numbers for government deposits versus regular direct deposits... Have you verified that you used the correct routing number specifically for tax refunds?

This is a common issue with fintech platforms like CashApp during peak tax season. The Automated Clearing House (ACH) network that processes these transactions operates on a batch processing schedule, and some financial institutions hold incoming government deposits for additional verification. The trace number indicates successful transmission from the Treasury Department, but CashApp's internal processing may take 3-5 additional business days. If your CashApp account is not fully verified (requiring SSN, ID verification, and address confirmation), this can extend the holding period to 7-10 business days under FinCEN regulations.

I received my refund on February 17th, exactly one day before my scheduled DDD of February 18th. SBTPG showed funded on February 15th. The timing appears to be consistent with what you're experiencing. Based on the patterns I've observed, you should likely receive your deposit on March 24th, assuming your bank processes weekend ACH transfers. If not, it would likely be Monday, March 25th. The exact timing depends significantly on your financial institution's processing schedule.

I've been tracking this pattern for the last three tax seasons. In 2022, SBTPG held my refund exactly until the DDD. In 2023, I received it one day early. This year (2024), I received it two days before the DDD after SBTPG showed funded. The inconsistency likely relates to their internal processing volumes and banking relationships. My credit union specifically mentioned they release funds as soon as the ACH transfer is initiated, rather than waiting for the official posting date that might be included in the transfer details.