I was in almost the exact same boat as you - filed Jan 28th, accepted same day, then crickets for weeks! My transcript did exactly what yours did - showed exemption code and filing status but nothing else. I was ready to pull my hair out until exactly 31 days after filing when everything suddenly updated at once. It was like the IRS flipped a switch and my refund was in my account 5 days later. The waiting is like watching paint dry, but when it moves, it moves fast!

FYI for anyone dealing w/ this situation: The transcript codes actually tell you a lot more than WMR. When you see exemption code 00 + filing status but nothing else, it means your return has passed initial validation and is in the processing queue. It's in the system but hasn't been fully processed yet. Usually takes another 7-14 days from this point to get your refund date. The IRS is running about 21-30 days total processing time for uncomplicated returns this year according to what I've seen across multiple forums. Hang in there!

Watch out for these potential issues with 1099 income: • Mismatched 1099 amounts (what you reported vs what payers reported) • Missing estimated tax payments • Self-employment tax calculation errors • Home office deduction flags Any of these can cause your return to be pulled for manual review, which means no transcript updates until that review is complete. I'm concerned that if you're waiting for this refund to make your Q1 estimated payment, you might be cutting it too close. You might want to make at least a partial payment to avoid underpayment penalties just in case.

I've probably filed as an independent contractor for, oh, about 7 years now, and I've noticed that transcripts seem to update somewhat randomly, though typically in the early morning hours. In my experience, which might be different from others, returns with multiple 1099s often take a bit longer to process - possibly because the IRS is matching each document to what the issuers reported. Last year, my transcript didn't update until nearly 4 weeks after filing, though I believe the processing time varies significantly based on the complexity of your return and current IRS workload.

Have you checked if you have any outstanding tax issues from previous years? Sometimes the IRS will hold current refunds if there are unresolved issues from past returns. Since you mentioned not receiving last year's refund either, there might be a connection between the two years. Also, did you claim any tax credits this year like the Earned Income Credit or Child Tax Credit? Those automatically trigger additional processing time under the PATH Act.

I track tax processing times pretty carefully, and this year has been particularly slow. As of March 15, 2024, the IRS reported that about 22% of returns filed before February 22nd were still in processing, which is higher than normal. If you filed on February 18th and it was accepted on the 21st, you're right at that cutoff date where delays are more common. The TurboTax early deposit feature is misleading - they can only advance your refund after the IRS has approved it and provided a direct deposit date. Since the IRS hasn't processed it yet, TurboTax can't give you any tracking. I'd recommend waiting until at least April 3rd (45 days from filing) before taking more aggressive action.

I... might be in the same boat. I'm not entirely sure if I received that payment or not, but I did claim it on my return. Now I have those same codes and I'm nervously waiting. I've heard that sometimes these adjustments can happen pretty quickly, while other times they can drag on. I suppose it depends on how backlogged the IRS is at the moment.

Just wanted to share some good news - I had this EXACT situation last month! Claimed I didn't get the Child Tax Credit advance when I actually did. Got the 570/971 codes, received a notice about 10 days later explaining the adjustment, and then my transcript updated with a DDD exactly 14 days after the notice date. The refund hit my account right on schedule, just minus the amount I had incorrectly claimed. So hang in there - the system is actually working pretty efficiently for these types of adjustments!

Anyone else find it hilarious that we're all obsessively checking our bank accounts for money we didn't even know we were owed? 😂 I was in the same situation last week - waiting for my unemployment adjustment with zero updates. I tried calling the IRS (LOL) and spent 2.5 hours on hold before getting disconnected. Finally used Claimyr (https://claimyr.com) and got through to an actual human at the IRS in about 15 minutes. The agent confirmed my adjustment was approved but stuck in the final verification queue. Money showed up 2 days later! Worth the $25 fee to avoid the hold music torture.

Let me clear up some confusion I'm seeing in this thread: • This is NOT like the 2020 COVID unemployment exclusion • This is about a correction to how unemployment was calculated for 2023 • TurboTax identified a calculation error affecting certain filers • Not everyone who received unemployment is affected • Only those who meet specific criteria received emails • Processing time varies based on complexity and filing date I received my adjustment last week after waiting 24 days from the initial email. Patience is key here - the system is working, just slowly.