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When Will I Get My $6,547 Refund with Cycle Code 20250605? Transcript Shows EIC, Feb 24 Processing Date, and April 15 Credit Dates

I got my transcripts and trying to figure out my refund date. My cycle code is 20250605 and I see my account balance is -6,547.00 but idk what any of this means? Looking at my transcript in detail: ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT --- ACCOUNT BALANCE: -6,547.00 ACCRUED INTEREST: 0.00 AS OF: Mar. 03, 2025 ACCRUED PENALTY: 0.00 AS OF: Mar. 03, 2025 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount) -6,547.00 ** INFORMATION FROM THE RETURN OR AS ADJUSTED ** EXEMPTIONS: 03 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: 19,170.00 TAXABLE INCOME: 0.00 TAX PER RETURN: 2,914.00 SE TAXABLE INCOME TAXPAYER 19,049.00 SE TAXABLE INCOME SPOUSE: 0.00 TOTAL SELF EMPLOYMENT TAX: 2,914.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Apr. 15, 2025 PROCESSING DATE Feb. 24, 2025 TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 20250605 02-24-2025 $2,914.00 76211-424-74432-5 766 Credit to your account 04-15-2025 -$2,501.00 768 Earned income credit 04-15-2025 -$6,960.00 This Product Contains Sensitive Taxpayer Data I filed as Head of Household with 3 exemptions, and my adjusted gross income was 19,170.00. My taxable income shows 0.00, but I had self-employment tax of 2,914.00 on my SE taxable income of 19,049.00. I see there's a processing date of Feb. 24, 2025, and the transcript shows credits including -2,501.00 (code 766) and earned income credit of -6,960.00 (code 768). The account balance section shows -6,547.00 with no accrued interest or penalties as of Mar. 03, 2025. Can someone break this down for me and tell me when I should expect my refund? I notice there's a date of Apr. 15, 2025 listed for both the "Credit to your account" and "Earned income credit" transactions, but I'm not sure if that's when I'll actually get the money. Is the cycle code 20250605 important for determining my refund date?

nice refund amount! your self employment tax looks similar to mine. what kinda business you running?

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Marcelle Drum

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just doing some freelance work on the side, trying to make ends meet ya know

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thats a decent EIC amount! make sure you got all your ducks in a row cause the IRS loves to verify EIC claims

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Sophia Carter

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Whatever u do get everything in writing and make sure they sign the return as a paid preparer. learned that one the hard way lol

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Chloe Zhang

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anyone else think its crazy how much these people charge?? like bro its just putting numbers in boxes fr fr

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tell me you dont understand tax law without telling me you dont understand tax law 🤣

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Chloe Zhang

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ok fair but $500+ is wild

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Oscar Murphy

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my sister got hers at midnight with the same card ur using

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Nora Bennett

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depends on ur tax preparer. which company did u use?

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i went with liberty tax this year

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Nora Bennett

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oh yeah they usually drop early. keep checking!

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This happens literally every year and ppl still get shook. Transcripts be playing games in January/February ngl

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Mei Wong

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first time filer here ok? cut us some slack 😤

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QuantumQuasar

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3rd year tax preparer here. Early season transcripts are always wonky. Instead of stressing yourself out checking everyday, I highly recommend using taxr.ai - it's an AI tool that monitors your transcript and sends you updates when something actually changes. Plus it explains everything in plain English. Saves so much time and anxiety!

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Liam McGuire

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Does it work for amended returns too?

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QuantumQuasar

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Yep! Works for any type of return - regular, amended, even prior years. Super helpful for complicated situations.

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Lucas Lindsey

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This is my 3rd year using emerald card.usually hits around 21-25 days after acceptance for me

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Jason Brewer

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thats good to hear! keeping my fingers crossed šŸ¤ž

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Sophie Duck

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Filed 1/29, accepted same day, transcript updated last night with DDD 3/1! there is hope yall!

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Anita George

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did u have any delays or just straight processing?

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Sophie Duck

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straight processing no delays thankfully

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