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According to IRS Publication 5348, refund status updates can temporarily revert during the final verification process. If your refund was scheduled for today, I recommend checking your bank account directly rather than relying on the TurboTax tracker. Many financial institutions post deposits throughout the day, not just in the morning. If nothing appears by tomorrow, you can request your tax transcript online through the IRS website which will show the exact status with action codes.
This happened to me last year and I nearly had a heart attack! I was checking my account every hour like a crazy person. The status went back to pending around 6am, but the money actually hit my account around 3pm that same day. TurboTax never updated the status again - it still showed pending even after I had the money. Their tracking system isn't perfect, especially during high volume periods.
I had the exact same experience this year! Filed February 5th, accepted February 6th, and then... nothing. Just that one bar on WMR for weeks. Isn't it frustrating when you see others who filed after you already receiving their refunds? I finally got my deposit date yesterday - a full 46 days after filing. The IRS seems to be processing returns in batches rather than first-come-first-served this year. Your patience will be rewarded, I promise.
OMG this is so frustrating!!! ๐ก I'm in the EXACT same boat! Filed 2/09, accepted 2/15, and STILL stuck on one bar! My coworker filed AFTER me and got her refund TWO WEEKS AGO! I'm worried this means there's a problem with my return or that I'm being audited or something. Has anyone had this happen and then suddenly got their refund without any issues? I'm starting to panic because I need this money for my daughter's braces appointment next month!
Called NetSpend yesterday. Refund was on hold. Had to verify identity. Released funds immediately after. Same DDD as you. Got money this morning. Don't wait. Call them now. Ask specifically about holds.
I've used NetSpend for three years now, and this happens every tax season. Last year my refund came 4 days after the DDD, the year before it was 3 days late. This year with a 3/19 DDD, it arrived on 3/22. It's consistently slower than when I used Chase Bank, which would always deposit on the actual DDD or sometimes even a day early. The convenience of NetSpend for other features outweighs this annual delay for me, but it's definitely more frustrating compared to traditional banks that process tax refunds much more efficiently.
Has anyone actually qualified for an Offer in Compromise? I've heard that's the program where you can settle for less than you owe, but I'm not sure what the requirements are or if it's worth pursuing?
The IRS has a pre-qualifier tool for OIC eligibility on their website. It uses RCP (Reasonable Collection Potential) calculations to determine if you qualify. You need to demonstrate financial hardship through asset equity, income, and necessary living expenses. The acceptance rate for OICs is approximately 40.3% according to the latest IRS data.
Did you know that less than 1% of taxpayers with debt actually qualify for significant reductions through Offers in Compromise? The IRS approved only about 25,000 OICs last year out of millions of tax debts. Wouldn't it be better to focus on payment plans that are almost guaranteed approval instead of spending months on paperwork that will likely be rejected?
The IRS has several legitimate relief options that don't require paying a third party: 1. Installment Agreement - Per IRC ยง 6159, you can set up monthly payments 2. Currently Not Collectible status - If you can prove financial hardship 3. Penalty Abatement - First-time penalty abatement is available to many taxpayers 4. Offer in Compromise - Settle for less if you qualify (rare) Call the IRS directly at 800-829-1040 or use the online payment agreement application. No need for expensive middlemen.
Dallas Villalobos
Has anyone tried calling the specific Identity Verification number instead of the main IRS line? Last year when I had to verify, I called 800-830-5084 directly and they were able to verify me over the phone without the letter. I'm wondering if that's still an option or if they've changed the process for 2024 returns?
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Reina Salazar
I had almost exactly the same situation, possibly with a slightly different timeline. My verification was posted April 2nd, and I didn't get any portal notification whatsoever. The letter arrived around April 15th (a bit later than expected), and I verified online the same day. My refund was processed about 9 days later, which seems to be fairly typical for verification cases. You might want to check your mailbox carefully, as the envelope looks somewhat generic and could be mistaken for junk mail.
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