Anyone else stuck with 01 code on transcript? Still waiting for refund
Been checking my transcript every day and still showing 01 code. Starting to lose my mind here. Filed back in February and its almost April now. Anyone else dealing with this or know what it means?
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Noland Curtis
Tax professional here. Code 01 typically indicates your return is still in the initial processing stage. This means the IRS has received your return but hasn't begun the detailed review process yet. With current processing delays, this isn't unusual, though frustrating. Keep monitoring your transcript for code changes - specifically looking for 846 which indicates your refund has been approved.
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Muhammad Hobbs
omg thank you for explaining! Do you know how long it usually takes to move past this stage?
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Noland Curtis
Unfortunately there's no set timeline these days. Could be weeks or months tbh. The IRS is still playing catch up from previous years 🤷♀️
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Diez Ellis
Hey guys, I've been helping people understand their transcripts using taxr.ai - it's seriously a game changer for understanding exactly whats going on and when you'll likely get paid. It's only $1 and way better than trying to piece together info from different posts. https://taxr.ai
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Vanessa Figueroa
Is this legit? Sounds too good to be true
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Diez Ellis
100% legit! It analyzes your whole transcript and explains everything in plain english. Even tells you if there are any red flags that might delay things
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Vanessa Figueroa
Just tried it - holy cow this is amazing! Way better than the Where's My Refund tool 🙌
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Abby Marshall
Same boat here since January 😭 This is ridiculous
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Sadie Benitez
Called the IRS 3 times about my 01 code. Waste of time, they just say 'keep waiting' smh
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Drew Hathaway
Fr fr they're useless on the phone 🤡
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Laila Prince
mine was stuck on 01 for 4 months last year. finally moved when i contacted my congressman's office
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Muhammad Hobbs
Did you just call their office? I might try this
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Laila Prince
yea just google ur local rep and fill out the tax help form on their website
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Isabel Vega
took me 8 months to get past 01 last year. system is broken af
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