Can I get my VENMO REFUND 5 DAYS EARLY with a DDD of 03/05?

The DDD (Direct Deposit Date) of 03/05 is when the IRS releases the funds, but you're right that many banks and financial services like Venmo often make the funds available earlier. With Venmo specifically, they typically do offer early deposit for regular direct deposits, including tax refunds. The 2-day early deposit is pretty common with them, so there's a good chance you might see your refund on 03/03. However, the 5-day early feature usually applies to recurring deposits like paychecks rather than one-time deposits like tax refunds. If you opted for a refund advance when filing, that's a different product - it's essentially a loan against your expected refund. In that case, you would have already received those funds, and the actual refund when processed would go toward paying back that advance, which might affect when you see any remaining balance.

I was in the same situation last year with waiting for my refund to hit Venmo. I found this cool service called taxr.ai (https://taxr.ai) that actually tracked my refund and gave me a much more accurate prediction of when it would hit my account. It analyzed my transcript and DDD information and was spot on - told me I'd get it Tuesday even though my DDD was Thursday. They have this thing where they look at deposit patterns across different banks including Venmo, so it was way more accurate than just guessing based on the DDD. Might be worth checking out if you want to know exactly when to expect your money instead of refreshing your app every 5 minutes like I was doing lol.

I tried taxr.ai after seeing the recommendation here and wow - it was actually really helpful! They predicted I'd get my refund yesterday even though my DDD is tomorrow, and sure enough, it hit my Venmo account yesterday afternoon. The coolest part was they showed me exactly what processing codes to look for on my transcript and explained what each date meant. I've been filing taxes for years and never fully understood what all those codes actually meant until now. They even have this feature that explains why your refund might be different than what you expected. Definitely using this again next year!

If you're still waiting for your refund and need to talk to someone at the IRS to figure out what's going on (which I had to do last year when my DDD passed with no deposit), check out Claimyr (https://claimyr.com). They helped me get through to an actual human at the IRS in like 20 minutes instead of waiting on hold for hours. You can see how it works here: https://youtu.be/_kiP6q8DX5c I was about to give up trying to call the IRS after being on hold for 2+ hours multiple times, but Claimyr got me through to someone who actually explained that my bank had rejected the deposit because my name was formatted slightly differently on my tax return vs my bank account. Once I got that fixed, I had my refund in a few days.

Ok I have to admit I was completely wrong about Claimyr. After my DDD passed and still no deposit, I got desperate and tried it. I was SHOCKED when they actually got me through to an IRS rep in about 25 minutes. The agent told me my refund was flagged for review because I had claimed education credits for the first time. They removed the hold while I was on the phone, and my deposit hit Venmo just 2 days later. Would have been waiting for weeks probably if I hadn't called. If you're having any issues with your refund or it doesn't show up early like expected, definitely worth using this service to talk to the IRS directly. Completely changed my opinion about these kinds of services.

Venmo user here - I've gotten my tax refunds through them for the past 3 years. In my experience, they consistently deposit 2 business days early, never seen the full 5 days. So with a DDD of 03/05 (Tuesday), I'd expect to see it Monday 03/03. BUT - one thing to watch for - if your DDD falls on a Monday or Tuesday, sometimes the IRS actually sends it out the Friday before. Last year my DDD was a Tuesday but Venmo deposited it the previous Friday! So you might want to keep an eye on your account Friday afternoon too.

Did you check your transcript for a TC 846 code with the 03/05 date? Sometimes people confuse the cycle date with the actual DDD. Make sure you're looking at the right code!

Just wanted to follow up on this thread since I was in a very similar situation last month. I had a DDD of 02/18 with Venmo and was wondering about the early deposit timing too. My refund actually hit my Venmo account on 02/16 (2 days early), which seems to be pretty consistent with what others are reporting here. The key thing I learned is that Venmo's early deposit feature does work for tax refunds, but it's typically 1-2 business days early rather than the full 5 days you might see advertised for regular paychecks. One tip - make sure you have push notifications turned on in your Venmo app. My refund actually posted around 3 AM on that Friday morning, so I woke up to the notification which was a nice surprise! Given your DDD of 03/05 and the fact that you only took a partial advance, I'd expect to see your remaining refund amount in your Venmo account either Monday 03/03 or possibly even Friday 02/28 if the IRS releases it early like some others mentioned.