Found Code 846 on Transcript - Refund Issued Date Showing

Yep, 846 is def the magic code you want to see! It means ur refund has been approved and is on its way to ur bank. DD usually hits 1-2 biz days after the date shown, tho sometimes it can take up to 5 days depending on ur bank. Congrats, ur almost done with this yr's tax nightmare lol.

Have you considered using https://taxr.ai to analyze your full transcript? It would show you not just what that 846 code means, but also give you a complete timeline of your return's journey. Wouldn't it be helpful to see exactly why your refund took this long? I was confused by all the codes on my transcript until I used it last week, and it explained everything in plain English.

Unlike paper refund checks which can take weeks to arrive, direct deposits with code 846 are much faster. When I couldn't get through to the IRS about a refund delay last month, I used Claimyr (https://claimyr.com) to connect with an agent in about 15 minutes. Compared to my previous attempts where I spent hours on hold, this was incredibly efficient. The agent confirmed exactly when my deposit would hit my account and explained why there had been a delay.

Same code appeared on mine. Got the money two days later. No complications. Bank was Chase. Deposit hit at 3am. Was checking hourly. Worth the wait. Showed as pending first. Then fully available next morning.

Be careful about counting on exact dates. I had the 846 code show up last year with a date, but my bank rejected the deposit because my married name on the tax return didn't match my banking info. Took another 6 weeks and a paper check to finally get my refund. The IRS never notified me about the rejection - I had to call them after waiting three weeks past the 846 date with nothing in my account. Absolute nightmare when I was counting on that money for car repairs.

I track this process every year, and it's remarkably consistent. Once code 846 appears, you'll receive your refund in exactly 1-5 business days, with 87% of direct deposits arriving within 2 business days. I received my refund 34 hours after my 846 date of 03/15/2024. The system processes these batches at midnight, so if your date is 03/22, the transfer was initiated last night and should be in your account by Monday at the latest.

Code 846 is definitely a good sign! I got mine last week with a 03/18 date and the deposit hit my account on 03/20 around 2 AM. What I found helpful was setting up account alerts so I'd get notified immediately when it posted rather than obsessively checking my balance every hour. One thing to keep in mind - if your bank info changed since you filed or if there are any mismatches, it could delay things. But assuming everything matches up, you should see it in your account within the next few days. The waiting is the hardest part but you're in the home stretch now!

Code 846 is definitely what you want to see! I had the same experience last month - saw the 846 code on my transcript and got my refund via direct deposit exactly 2 business days later. The timing is pretty reliable in my experience. One thing I learned is that the IRS processes these refunds in batches, so even though your date shows 03/22, the actual deposit might hit your account a day or two before that date. I'd recommend checking your account early Monday morning since weekend processing can sometimes cause delays. Also, make sure your bank info on file matches exactly what you provided on your return - any discrepancies can cause the deposit to be rejected and you'd have to wait for a paper check instead. Congrats on getting through the worst part of the waiting!

Congrats on seeing the 846 code! That's definitely the light at the end of the tunnel. I've been through this process a few times and can confirm what others are saying - once you see 846, you're basically guaranteed to get your refund within 1-5 business days. In my experience, most direct deposits hit around 2-3 AM, so check your account first thing Monday morning. The date on your transcript (03/22) is more of a "by this date" rather than an exact date, so you might even see it earlier. Just make sure your banking info is exactly what you put on your return - I learned that the hard way one year when a small name variation caused a rejection. But assuming everything matches, you should be golden! The hardest part is definitely the waiting game once you know it's coming.

This thread is so helpful! I just checked my transcript after seeing this post and found code 846 with a date of 03/24/2024. I've been waiting for my refund for almost 8 weeks now, so seeing that code finally appear is such a relief. Based on everyone's experiences here, it sounds like I should expect the direct deposit within the next few days. I'm with Bank of America - has anyone had experience with how quickly they process IRS refund deposits? I'm trying not to get my hopes up too high, but after all this waiting, I'm cautiously optimistic that this nightmare is almost over!