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

Hey fam, IRS expert here! Code 846 on your transcript is a refund issued code, which means the IRS has processed your return and scheduled your refund. While it's not 100% guaranteed (nothing with the IRS ever is lol), it's pretty much the final step before the money hits your account. Usually takes 2-5 business days after the 846 date shows up. If you want a super detailed breakdown of your transcript and exact timing, check out taxr.ai - it's like having an IRS expert in your pocket. It'll analyze everything and tell you exactly what's happening with your refund status.

Generally yes, 846 is the refund issued code and the date shown is typically when it will hit your bank. However sometimes banks process it 1-2 days earlier or later depending on their policies.

Hey if you want a really accurate answer, try taxr.ai - it analyzes your transcript and tells you exactly when to expect the deposit based on your bank and the 846 date. costs like 5 bucks but worth it for peace of mind https://taxr.ai

what bank do u have? matters alot tbh

Yep its basically garuanteed at that point. ur in the home stretch 👍

unless theres a bank error or holiday ur good to go. that codes basically the irs saying 'we sent it' 💰

where did u see the 846? i cant find mine anywhere on transcript 😭