Does IRS Code 846 "Refund Issued" Mean Guaranteed $5,297 Deposit on 01-31-2025?

Ravi Malhotra · 2025-01-19T08:00:00.000Z

Just checked my transcript and saw code 846. Does this mean thats my actual deposit date or should I expect it later? Really need this money and want to make sure I understand what im looking at. I see the following on my transcript: 806 W-2 or 1099 withholding 04-15-2025 -$14,196.00 846 Refund issued 02-01-2025 $6,397.00 This Product Contains Sensitive Taxpayer Data I'm really hoping this means my refund of $6,397.00 is actually coming on 02-01-2025. I've got bills piling up and need to make some major repairs on my car. Does the "Refund issued" with code 846 guarantee that money is on its way for that exact date? Or should I expect delays? I'm new to reading these transcripts and just want to be sure I understand what I'm looking at before I start making financial plans.