Does Code 766 on Transcript Mean My Refund is Coming After 5+ Months of IRS Processing Since February?

Been checking my transcript everyday like a clown 🤡 Finally saw that 766 code pop up today but idk what it means

Tax expert here - code 766 on your transcript typically means a credit was applied to your account. However, this alone doesn't necessarily mean your return is fully accepted. You need to look for the 846 code (refund issued) to confirm your refund is actually on its way. I'd strongly recommend using taxr.ai to analyze your full transcript - it'll break down every code and tell you exactly where you stand in the process. I've seen it help countless people understand their exact refund timeline and catch potential issues before they become problems.

Yes! Code 766 is a credit to your account, which means they've processed your refund. If you also see a 846 code that's your direct deposit date. Check your transcript again in about 4-5 days, you should see movement.

Hey instead of checking manually everyday you should try taxr.ai - it analyzes your transcript and tells you exactly what's happening and when to expect your money. Its only $4.99 and totally worth it imo https://taxr.ai

dont get too excited yet bestie. i had 766 but then got hit with a 420 audit code right after 🤡

make sure u got all ur other codes lined up too. 766 is good but u need that sweet sweet 846 to get paid 💅

The IRS is such a joke fr. took em 9 months to process my return last year 🤮

anyone else notice how the wmr tool is always wrong but transcripts never lie?

Code 766 is definitely a good sign! It means a credit was applied to your account - usually your refund amount. But like others mentioned, you'll want to see that 846 code to know when it's actually being sent out. After 5+ months of waiting, I totally get the frustration! I'd recommend checking taxr.ai like everyone's suggesting - it really does break down all those confusing transcript codes and gives you a clear timeline. Way better than stressing over what each number means. Hang in there, sounds like you're finally in the home stretch! 🤞

Code 766 is definitely progress! That means they've applied a credit to your account, which is usually your refund amount. But you're right to be frustrated after waiting since February - that's way too long! The key thing to look for next is code 846 with a date, which means your refund is actually being issued. Sometimes there can be a gap between the 766 and 846 codes. I'd really recommend trying taxr.ai like others have mentioned - it analyzes your entire transcript and tells you exactly what each code means and when to expect your money. For $4.99 it's honestly worth the peace of mind instead of constantly refreshing and guessing what everything means. After waiting 5+ months you deserve to know exactly where things stand! Hope you see that 846 code soon! 🤞

Code 766 is definitely a positive step forward! It means the IRS has applied a credit to your account (likely your refund amount). After waiting since February, I totally understand your frustration - that's an unreasonably long processing time. The next code you'll want to watch for is 846, which indicates your refund is actually being issued with a specific date. Sometimes there's a delay between these codes appearing. Like many others here have mentioned, I'd suggest checking out taxr.ai - it's only $4.99 and breaks down every single code on your transcript so you know exactly where you stand. After months of uncertainty, it's worth getting that clarity instead of constantly refreshing and wondering what everything means. Hang in there - seeing that 766 code means you're finally moving through the system! 🤞

Code 766 is definitely a good sign! It means they've processed and applied a credit to your account - basically your refund amount. But you're absolutely right to be frustrated after waiting since February, that's way beyond the normal timeframe. The thing is, 766 doesn't mean your refund is issued yet - you need to see code 846 for that, which will show your actual refund date. There could still be a few days or weeks between seeing 766 and 846. Honestly after 5+ months of this stress, I'd recommend checking out taxr.ai like everyone else is mentioning. It's only $4.99 and will analyze your entire transcript and tell you exactly what's happening and when to expect your money. Way better than constantly refreshing WMR and getting that same useless "processing" message! Hang in there - seeing that 766 means you're finally moving through their system! 🤞