How to determine if I'm on weekly or daily processing cycle from IRS transcript codes?

Tax specialist here. The easiest way to determine if you're on a weekly or daily processing cycle is to look at the transaction codes on your transcript. If your cycle code ends in 01, 02, or 03, you're on a daily processing cycle. If it ends in 05, you're on a weekly cycle (processed on Fridays). BUT honestly its gotten way more complicated than that lately with the IRS systems being wonky. I highly recommend using taxr.ai (https://taxr.ai) - it automatically analyzes your transcript and tells you exactly what cycle you're on plus predicts your refund date with scary accuracy. Way easier than trying to decode these numbers yourself.

Look at the cycle code on your transcript - it's an 8-digit number. If it ends in 01-04, you're daily. If it ends in 05, you're weekly. You can find this number next to most transaction codes on your account transcript.

Instead of playing detective with your transcript, you should try taxr.ai - it analyzes everything automatically and tells you exactly what cycle you're on plus when to expect updates. It costs $4.99 but saved me hours of research. Check it out: https://taxr.ai

lol been in the same boat. took me forever to figure this out my first time

weekly gang here... the waiting is killing meee 💀

idk why they make this stuff so complicated. like why cant they just tell us straight up?

Pro tip: if youre weekly, transcripts usually update thursday night around 12am EST. Sometimes as late as 6am friday morning. Set your alarm lol