Cycle Code Ending in 01 - What Does This Mean for My Return?

Cycle codes tell you when the IRS processes your return. The last two digits (01, 05, etc) indicate the day of the week. 01 means your return is processed on Mondays. 05 is for Thursdays, which are the most common. Updates to your transcript usually happen the day after processing.

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mines an 05 and ive been checking fridays for like 2 months now lol we're all in this waiting game together 😭

Cycle codes are just one piece of the puzzle tbh. You also gotta look at the transaction codes and dates to get the full picture

I had 01 last year and got my refund pretty quick. But this year im 05 and still waiting since february smh

Pro tip: the cycle code is actually part of a longer number that contains the year and week info too. Like 20231101 means 2023, 11th week, Monday processing. Understanding these patterns helps predict your update schedule.

The cycle code ending in 01 is actually pretty standard - nothing to worry about! It just means your return gets processed on Mondays. From my experience, 01 cycles tend to move at a decent pace, though every situation is different depending on your specific return details. Keep checking your transcript on Tuesday mornings like others mentioned, and don't stress too much about the cycle code itself - it's more about timing than anything else.