Credit Karma Tax Return with DDD of 2/26 - Anyone Received Their Refund Yet?

Have you checked your tax transcript to confirm the DDD? Sometimes WMR isn't as accurate as the actual transcript information, right? You need to act quickly since banks often process deposits differently, and the 21-day processing window is almost up for your filing!

Based on the Automated Clearing House (ACH) processing protocols, there's a high probability of deposit appearing on Monday. The Treasury Financial Agent typically initiates Electronic Funds Transfers (EFTs) on the designated DDD, but financial institutions observe a 24-72 hour settlement window. I'm slightly worried you haven't seen a pending transaction yet, as most institutions display pending ACH transfers.

According to Internal Revenue Code §6611, interest accrues on refunds not issued within 45 days of the filing deadline or the date filed, whichever is later. However, since your DDD was just 2/26, you're still within normal processing timeframes. If you need to speak with an actual IRS representative to confirm your status, I've had success using Claimyr (https://youtu.be/_kiP6q8DX5c) to get through the phone system. They connected me to an agent in about 15 minutes when I was worried about my refund. I understand how stressful waiting can be, especially with medical bills pending.

I'm in the same boat with a 2/26 DDD! According to the IRS2Go app and TurboTax community forums, many banks don't process deposits on weekends, so Monday is likely. I was shocked to learn that even with a specific date, it can take 1-5 additional business days depending on your bank! The IRS website says this is normal but doesn't make the waiting any easier 😫

The whole tax refund system needs an overhaul. In this digital age, there's absolutely no reason why direct deposits should take days after the scheduled date. Other countries have instant banking transfers! I'd recommend calling your bank directly instead of the IRS - they can often see pending ACH transfers before they post to your account. The IRS has likely already sent it, but it's sitting in banking limbo.

FWIW, CK refunds are usually pretty reliable. Most ppl in the tax groups I follow get theirs on the DDD or the next biz day. Banks like BoA, Wells, and Chase often show pending deposits early, but CUs and smaller banks sometimes don't show till they post. If today's a no-show, def expect Mon or Tues. The IRS batch processes ACH pmts, so some go out early AM and others late PM.

I was in your exact position last year! Had a DDD of 2/24, didn't see anything until 2/28. What worked for me was setting up alerts with my bank for any deposits over $100. That way I wasn't constantly checking my account and stressing myself out. Ended up using the delay time to price-compare some medical providers since I also needed the refund for healthcare costs. Found a place that was $200 cheaper than where I was planning to go!

I track my refunds meticulously every year using the Transaction Code timeline. After your DDD (TC 846) appears on your transcript, the Treasury Financial Management Service (FMS) initiates the ACH transfer to your bank's routing number. For my February 19th DDD this year, the funds weren't available until February 22nd. The Federal Reserve's Automated Clearing House operates on business days only, which explains the Monday likelihood. For medical expenses, you might want to contact the provider's billing department while waiting - many offer temporary holds when you can show proof of incoming funds.