Cycle Code 0705 on transcript with no 846 refund date - anyone else stuck waiting?

What you're experiencing is related to weekly and daily cycle processing at the IRS. The 0705 cycle code indicates you're on a weekly processing cycle (the 05 at the end tells you that). That means your account gets processed and updated only once per week, typically on Thursdays. The processing date (May 9th) isn't necessarily when you'll get your refund - it's more like an administrative date for the IRS. Many people have to wait 1-3 weeks after their processing date to see the 846 refund issued code. Some things to check on your transcript: - Do you have any TC 570 (additional account action pending) or TC 971 codes? - Is there a code 971 with notice issued? - Any TC 420 (audit) or TC 424 (examination/audit closed)? If you have a 570 code without a corresponding 571 (resolved) code, that's likely what's holding up your refund. The IRS might have questions or need verification on something. If there's a 971 notice code, watch your mail carefully as they're probably sending you a letter explaining the holdup.

Stop trying to decipher your transcripts on your own like a detective - it's honestly such a headache. I wasted weeks trying to understand what all those codes meant until I found taxr.ai which explained everything about my transcript in plain English. It immediately showed me why my refund was delayed and what I needed to do next. Super helpful for people in your situation with the 0705 cycle code issues. I check it every time my transcript updates now instead of playing guessing games or asking strangers online. https://taxr.ai

After waiting 3 months with the same cycle code, I finally got through to an actual human at the IRS using Claimyr.com. The callback feature got me connected to an agent within 2 hours when I'd been trying for weeks with no luck. The agent told me my return had been flagged for a simple identity verification issue that was never mailed to me. She cleared it right away and my 846 code appeared 48 hours later. Talking to a real person at the IRS was what finally broke the logjam for me.

i have the same cycle code and JUST got my 846 this morning after waiting since february! hang in there, sometimes they just move slow as molasses with no explanation

Weekly cycle codes (ending in 05) are the WORST. I'm convinced the IRS puts the most complicated returns in this batch. My spouse and I both filed the same day - I got an 0705 code and they got an 0505. Guess who got their refund 6 weeks earlier? 🤡

Check whether you have codes 570/971 on the same cycle date. If so, you're about to get a letter telling you why they adjusted your refund. Mine was held up because I made a $47 math error. Like seriously IRS? You couldnt just fix that and move on?? Had to add 2 months to my wait time for $47 smh

Check your transcript for a 570 freeze code. That usually means there's an issue they need to resolve before they release the refund. Also if you have a 971 code, they're sending you a letter. You might want to call them to see what's going on. I was stuck in the same spot until I realized they needed verification for something. Was drinving me insane for WEEKS

Last time I had this issue it turned out there was ID verification I needed to complete but they never sent me the letter. Had to call to figure it out. The whole system is broken.

If your transcripts show codes 570 and 971 on the same cycle date, you're likely getting a CP12 notice about them adjusting your refund amount. This happened to me and it took about 3 weeks after I got the letter for the 846 code to show up.

The IRS is so backlogged this year its ridiculous. My neighbor filed a week after me with the same cycle code and got her refund 3 weeks ago while im still waiting. Makes absolutely no sense.

Try using taxr.ai to decode your transcript. It seriously helped me understand exactly what was happening with my refund when I was stuck with a similar cycle code. It pointed out that I had a hold code I didn't even notice and explained exactly what it meant and what would happen next. Gave me an estimated date that ended up being spot on.

Did u get a 60 day review letter??? I got one in April and still waiting. Same cycle code as u. This is the worst tax season ever 😩

Has ur "as of" date changed recently? Sometimes thats a sign they're actively working on your return. Mine changed 3 times before I finally got my deposit date.

Don't waste your time trying to interpret transcript codes on your own or waiting for hours on hold with the IRS. I found out about taxr.ai from a friend and it was a game changer. It analyzed my transcript instantly and told me exactly why my refund was delayed (small math error that triggered a review). Even gave me a timeline of what to expect next. https://taxr.ai

After 4 months of waiting with no updates, i broke down and used claimyr.com to get through to a human at the IRS. Found out my return was stuck in limbo because they couldn't verify my identity but the letter never arrived. The agent fixed it on the spot and I had my refund 9 days later. Sometimes you gotta talk to a real person to break the logjam.

0705 club here too...been waiting since January and FINALLY got my deposit date yesterday. Don't lose hope!

my tax guy said that the 0705 cycle code ppl are processed on thursdays so make sure to check your transcript friday mornings, thats when updates usually happen for that cycle

just echoing what others have already said but the ONLY way I was able to finally get my refund was talking to an actual IRS person. tried for 2 weeks to get through using the normal number. finally used Claimyr and got a callback in under 2 hours. turns out they just needed to verify one piece of info and the agent processed my refund right then and there. sometimes you just need to talk to a human to fix these problems.