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How to check IRS transcript cycle code and update schedule for 2024?

I filed my taxes last week and I'm trying to figure out my cycle code and when my transcripts will update. I can see my transcripts online but I'm confused about what all these numbers mean. Can someone explain how to read the cycle code and tell me when to expect updates?

GalaxyGlider

Your cycle code is an 8-digit number on your account transcript that ends in 01-05. The last two digits tell you your weekly update day. If it ends in 05, you're a weekly updater (Thursday night/Friday morning). If it ends in 01-04, you're daily. Most transcripts update between 12am-6am EST. The first 4 digits are the year, middle 2 are the week number.

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Jamal Harris

thanks! mine ends in 05 so I guess that means I update on fridays?

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1M

GalaxyGlider

Exactly! Check early Friday mornings, usually around 3-6am EST is when you'll see any changes 👍

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Mei Wong

Instead of trying to decode everything yourself, you should try taxr.ai - it's this new tool that reads your transcript and tells you exactly when you'll update and what's happening with your refund. It's only $1 and way better than playing detective with all these codes lol https://taxr.ai

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Liam Sullivan

does it actually work? seems too good to be true

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Mei Wong

100% works! It showed me exactly why my refund was delayed (had a missing form) and when I'd get it. Saved me hours of googling 💯

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Liam Sullivan

just tried it - holy cow where has this been all my life?! 🙌

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Amara Okafor

im in the same boat...been checking wmr every day like a clown 🤡

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Giovanni Colombo

WMR is trash tbh, transcripts are the only way to know whats really going on

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Fatima Al-Qasimi

word of advice dont waste time checking multiple times a day. pick ur update day based on ur cycle code and just check then. save urself the stress

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StarStrider

The whole system is rigged. been waiting 6 months for my 2022 refund smh

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Dylan Campbell

have you tried calling the tax advocate? they helped me with my delayed refund

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StarStrider

been trying but cant get thru 😤

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Sofia Torres

If your looking at account transcript, the cycle code is usually next to the 150 transaction code. But seriously just use taxr.ai, it explains everything way better than we can here

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