DDD shows 03/12 but no deposit yet - TurboTax says it's coming?

This is actually fairly common this time of year. There can be a delay between when the IRS releases your refund and when it actually posts to your account. Have you checked your transcript to confirm the DDD? Sometimes banks also hold deposits for 1-2 business days before making them available. Did TurboTax mention using a third-party processor like SBTPG for your refund?

Did you have any fees taken out of your refund? According to IRS Publication 1345, when you pay preparation fees from your refund, it must go through a third-party processor first. This can add 1-5 business days to the timeline. Also, did you file with a Recovery Rebate Credit or any other credits that might trigger additional verification?

OMG I was in the EXACT same situation last week! My DDD was 3/5 and I didn't get my money until 3/8! I was freaking out because I needed to pay rent. I spent HOURS trying to call the IRS and couldn't get through. Finally used Claimyr (https://youtu.be/_kiP6q8DX5c) and got connected to an agent in like 20 minutes! They confirmed my refund was sent but explained it was probably delayed at my bank or the tax preparer's bank. Sure enough, it showed up a day later!

Have you taken these steps to check on your refund status? 1. Verify the account number on your tax return matches your current account 2. Check if your bank shows any pending deposits 3. Contact TurboTax to confirm if they sent it through SBTPG (Santa Barbara Tax Products Group) 4. Look at your IRS transcript for any additional codes besides the DDD Sometimes the delay is just the processing time between systems.

Did you check if you had fees taken out of your refund? It's like ordering a package - if it makes extra stops along the way, it takes longer to reach you. Your refund might be stopping at TurboTax's bank first, then your bank second. Have you logged into TurboTax to see if there's a more detailed status? Sometimes they have a separate tracker for the bank transfer part.

I track tax refund patterns as a hobby, and according to the IRS Refund Status forums and r/tax, there's been a noticeable pattern this filing season where refunds with a DDD between 3/8-3/15 are taking 1-2 days longer than usual. The IRS doesn't officially acknowledge these processing waves, but if you check https://igotmyrefund.com/forums/, you'll see dozens of people reporting the same delay. Most are seeing deposits 1-2 business days after their DDD.

It might be worth checking if your refund is actually being offset for any reason. Sometimes the IRS will send a notice about this, but the notice might arrive after your expected DDD. I believe there's also a difference between the IRS sending the refund and when it actually posts to your account. I think most banks don't process deposits on weekends, so if your DDD fell near a weekend, that could possibly explain the delay.