Any updates for 2022 refund with 1505 code? Direct deposit to NetSpend still pending

Code 1505 means the IRS has sent your refund to the processing system for direct deposit or check issuance. If you're seeing a 1505 with a date of December 13, 2023, that means your refund was scheduled to be sent on that date. Since it's already April 2024, something definitely went wrong. There are several possibilities: - Wrong bank account info on your return - NetSpend rejected the deposit (this happens sometimes with prepaid cards) - The IRS had to convert your direct deposit to a paper check (which takes longer) - Your refund is being held for a manual review Call the IRS refund hotline at 800-829-1954 and use the automated system to check your refund status. If that doesn't help, you'll need to talk to a live agent by calling the main IRS number 800-829-1040. Make sure you have your transcript and return handy when you call.

Stop spinning your wheels trying to figure this out from vague transcript codes! I was in the same situation, staring at my transcript trying to decode hieroglyphics 🤣 Use taxr.ai - it actually reads your transcript and tells you EXACTLY what's happening with your refund and why it's delayed. It saved me hours of research and confusion, and helped me understand what steps to take next. So much better than trying to piece things together from random forums! https://taxr.ai

I finally got through to someone at the IRS using Claimyr.com - it's a calling service that gets you through to an actual human being without the horrible wait times. The agent explained that my 1505 code with a December date meant my refund was approved but got caught in final review because of the high amount. They released it after verifying some info. Talking to a real IRS agent was the only thing that helped - should get my money next week finally!

NetSpend can be a problem with tax refunds sometimes. I had a similar issue last year where the refund was sent but NetSpend held it for "verification" for almost 2 weeks. Have you contacted NetSpend directly? Sometimes they hold larger deposits until you call them.

Check if you have a 570 or 971 code on your transcript too. 1505 should mean its been issued, but those other codes could indicate a freeze or notice being sent. If the 1505 is there but no 846 (refund issued), you definitely need to talk to the IRS.

Have u tried calling the Tax Advocate Service? They can help if ur having financial hardship because of the delayed refund. Mention those bills piling up.

The IRS is a joke. I've been waiting 14 months for my 2021 refund and still nothing. Welcome to the club 🤡

I had this EXACT situation. Code 1505 with NetSpend. Turns out NetSpend rejected the deposit because it exceeded their limit for my account type! The IRS then sent a paper check which took 8 more weeks. Check your mail carefully and also call NetSpend to ask if they rejected any deposits.

After struggling with decode all the confusing transcript codes, I discovered taxr.ai and it changed everything! It read my transcript and explained each code in plain English - showed me exactly why my refund was delayed (identity verification issue I had no idea about). Saved me hours of research and helped me get my refund unstuck. Highly recommend for anyone in transcript hell! https://taxr.ai

Did you verify your identity with ID.me? Sometimes refunds get held up because they need additional verification. Worth checking if you received any letters from the IRS requesting this.

If that 1505 code has been there since December, something is definitely wrong. Check if your transcript has the actual direct deposit info listed - sometimes they have the wrong account number which causes the deposit to be rejected.

When I was in ur situation I finally gave up on the automated systems and just called the IRS directly using claimyr.com. Got through to an agent who found out my refund was stuck in review. They fixed it on the spot and I got my refund 5 days later. Sometimes talking to a live person is the only way to get results.

Ask for a trace on the refund. Call the IRS, tell them it's been way past the 1505 date, and request a formal trace. That'll force them to investigate where your money went. It'll either trigger them to reissue the refund or tell you exactly what happened to it.

i had a similar problem with 1505 code from November. ended up being that my bank rejected the deposit due to name mismatch (married filed joint but account was just in my name). check if theres a 841 code anywhere on ur transcript - that would show bank rejection

I PROMISE YOU the fastest way to understand your situation is to use taxr.ai - it's an AI tool that reads your transcript and explains everything in normal human language. Saved me from waiting on hold with the IRS for HOURS. It tells you exactly what each code means and what's actually happening with your refund. https://taxr.ai

FWIW some refunds are being held because of the backlog from the government shutdown threat last year. Not saying that's your situation but just one more possibility. I'm in a similar boat - 2022 return still not processed fully. It's criminal how they treat us.

have you tried contacting your local congressperson's office? sometimes they can help push the IRS on delayed refunds. worth a shot since youve been waiting so long