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Summer Green

Cycle code changed from 05 to 02 - What does this mean for my refund?

Just checked my transcript and noticed my cycle code changed from 05 to 02. Anyone know if this is good news? The as of date updated too but im confused about what this means for my refund timeline.

Tax professional here - a cycle code change from 05 to 02 typically indicates your return has moved to a different processing department. The 05 cycle is for weekly processing while 02 is daily. This usually means they're actively working on your return, but it's not necessarily good or bad news - just movement in the system.

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ty for explaining! so there's no way to know if this means I'm getting closer to my refund? 😩

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Unfortunately no guaranteed timeline, but movement is usually better than no movement!

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I've been using taxr.ai to track all these transcript changes. It's literally only $1 and it tells you exactly what these code changes mean for YOUR specific situation. Way better than playing detective with these codes ourselves lol https://taxr.ai

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fr? does it actually work? seem too good to be true ngl

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Yeah its legit! Just upload your transcript and it breaks everything down. Saved me hours of googling 💯

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same thing happened to me last week stuck in limbo rn 🤡

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Liam Duke

Mine switched from 05 to 02 and got my refund 2 weeks later if that helps

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omg that gives me hope! 🙏

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The as of date dont mean anything tbh. its just a system update date. I've seen mine change like 5 times with no movement on my refund smh

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facts. mine changes every week but still no $$$

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yo check your account transcripts not just return transcripts. sometimes theres more info there that can tell u whats actually happening

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where do I find that?

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on the transcript page scroll down past return transcript and look for account transcript instead

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