Deposit Pending on Transcript - Amended Return Processed January 17th - Is Money Finally Coming After Filing in February?

Mateo Lopez · 2025-01-22T08:00:00.000Z

I checked my transcript today and see there's a deposit pending for next week. My cycle code is 05 and I filed back in February. Does anyone know if this means the money is finally coming? I've been waiting forever and starting to lose hope. Just checked the "Where's My Amended Return" portal for my 2023 return and here's what I'm seeing: Received: 11/13/2024 Adjusted: 12/28/2024 Completed: 01/18/2025 The IRS website says "We processed your amended return on January 18, 2025." There's also a note saying "If you have not received a notice and you would like to speak to a customer service representative, call 800-829-0582, extension 633, between the hours of 7 a.m. and 7 p.m., Monday through Friday. You will need a copy of your amended return." Does this deposit showing up next week mean they're finally releasing my funds? The whole process has taken so much longer than I expected after filing in February. Has anyone else with a cycle code 05 seen movement on their amended returns recently?