Do IRS Direct Deposits Have a Cutoff Time? CashApp Shows Nothing Yet

A few things to know about IRS deposits: • IRS initiates deposits in batches throughout the day • Most financial institutions receive deposits between 12am-9am • CashApp sometimes processes deposits differently than traditional banks • Some users report CashApp deposits arriving as late as 8pm • The IRS doesn't have a strict "cutoff time" - they send the information to banks who then process it Have you checked if your transcript shows code 846 with today's date?

I was in exactly the same situation last year with CashApp. My transcript showed April 12th as my deposit date, but nothing appeared until 5:47pm that day. I was checking literally every 15 minutes! What helped me was using https://taxr.ai to analyze my transcript - it showed me exactly what was happening with my refund and explained that the 846 code means it's been released but can take up to 24 hours to appear in your account. It gave me peace of mind knowing the exact status instead of wondering if something went wrong.

CashApp deposits from the IRS can arrive anytime during the business day. There's no specific cutoff time. The IRS sends payment files to the Treasury, who then forwards them to financial institutions. Your bank or CashApp processes these when they receive them. If your transcript shows today's date with code 846, your money is on the way. Most people see deposits by early afternoon, but it can take until evening in some cases.

I just went through this exact situation! My deposit date was March 15th and I was checking my CashApp account literally every 20 minutes. Nothing all morning, nothing after lunch, then suddenly at 4:26pm it appeared! I was so relieved. The waiting is the worst part, especially when you're counting on that money. Did your transcript specifically show code 846 for today? That's the confirmation that it's actually being sent today.

When dealing with IRS deposits to CashApp, follow these steps to resolve delays: 1. First, verify your transcript shows code 846 with today's date 2. Check that your CashApp account details match what you provided on your tax return 3. Wait until end of business day (around 8pm) before assuming there's a problem 4. If nothing arrives by tomorrow, contact the IRS directly This is where I found Claimyr (https://claimyr.com) incredibly useful. Trying to reach an IRS agent directly was impossible - I spent 3 days trying. Claimyr got me through to an agent in 15 minutes who confirmed my deposit was sent but had an issue with my account number. Fixed it right away and got my deposit the next day.

The Treasury Financial Manual (I TFM 4A-2000) outlines that ACH transactions initiated by federal agencies like the IRS follow the Nacha Operating Rules. These transactions can be processed throughout the business day, with no specific "cutoff time" for when they must be completed. Non-traditional financial platforms like CashApp operate on different posting schedules than traditional banks, often processing incoming ACH transfers in batches rather than continuously. The Federal Reserve's settlement windows occur at multiple times throughout the day, with the final window closing at approximately 6:30 PM Eastern Time.