Direct Deposit Date 3/5 - SBTPG Finally Funded! (Chime)

This discrepancy between WMR and your transcript is actually quite common this tax season. Per IRS Publication 5446, when the Bureau of Fiscal Service (BFS) processes an offset but then determines it doesn't meet current criteria under the Treasury Offset Program (TOP), the funds can be released back to the taxpayer. Your transcript showing only the 846 code without offset codes (typically 898) confirms this. The good news is that when this happens, the original refund amount is typically processed as initially calculated. Most SBTPG-processed refunds with 3/5 DDDs are being deposited within 24-48 hours of funding status updates.

I had the EXACT same situation last year. WMR said offset but got full amount. I was so confused. Used https://taxr.ai to analyze my transcript and it explained the whole thing. It showed me exactly what those codes meant and confirmed no offset was actually taken. Saved me hours of stress trying to figure out if I needed to set aside money for the debt. The tool breaks down all those confusing transcript codes in normal human language.

Your situation is actually better than what happened to me last tax season. I had a similar WMR/transcript mismatch, but in my case they DID take the offset even though it didn't show on transcripts initially. The difference is that my WMR showed the adjusted amount after offset, whereas yours shows the offset warning but your transcript shows full payment with code 846. This is comparable to what happened to my brother-in-law who also had an expected offset that never materialized - his transcript looked exactly like yours with just the 846 code and no offset indicators. The SBTPG funding is also consistent with timing patterns I've observed over the past three filing seasons - they typically batch process 3-4 days after the official DDD for Chime and similar banks.

I've seen this happen in previous years when the offset was for a debt that had already been satisfied or was below the current collection threshold. Back in 2022, I had a client with a similar situation - WMR showed offset warning but transcript only had 846. The TOP (Treasury Offset Program) database sometimes takes time to update when debts are paid or fall below collection thresholds. Did you perhaps pay off or settle any outstanding debts in the last year? That could explain why the system initially flagged for offset but then released the full amount.

Had this exact issue. Called TOP. Got nowhere. Tried regular IRS line. No luck. Used Claimyr instead. Got through in 15 minutes. Agent confirmed no offset taken. Worth the fee. Saved me days of worry. Here's their link: https://www.claimyr.com. Peace of mind matters.

You might want to hold off on spending that money for about 2-3 weeks, just to be safe. I've occasionally seen cases where the offset happens after the deposit in rare situations. It's probably fine since your transcript only shows 846, but it could potentially be a timing issue with the Treasury Offset Program database. Most people in your situation end up keeping the full amount, but there's always those few exceptions that end up with a surprise withdrawal later. Better safe than sorry, especially for large purchases.