$14,708 Refund Issued (Code 846) After 3-Month Wait - Head of Household with Business Loss and Multiple Credits Finally Resolved on 5/22/23

I finally see code 846 on my transcript after waiting since March! It shows a refund issued of $14,708.18 on 05-22-2023 plus they credited $87.18 in interest on 06-05-2023. My transcript has quite a journey - I filed on 03-20-2023 (code 150) with $4,808 in withholding, $1,000 credit, two separate credits of $5,909 and $937, plus an earned income credit of $2,092 all dated 04-15-2023. Had that dreaded 570/971 combo back in March (570 on 03-20-2023 and 971 notice issued 03-27-2023) but it finally got resolved with code 571 on 06-05-2023. Here's what my transcript shows in detail: 150 Tax return filed 20230905 03-20-2023 $125.00 30211-452-21254-3 99 withholding 04-15-2023 -$4,808.00 766 Credit to your account 04-15-2023 -$1,000.00 766 Credit to your account 04-15-2023 -$5,909.00 766 Credit to your account 04-15-2023 -$937.00 768 Earned income credit 04-15-2023 -$2,092.00 570 Additional account action pending 03-20-2023 $0.00 971 Notice issued 03-27-2023 $0.00 571 Resolved additional account action 06-05-2023 $0.00 846 Refund issued 05-22-2023 $14,708.18 776 Interest credited to your account 06-05-2023 -$87.18 My return was pretty complex - I filed Head of Household with 4 dependents. According to the transcript, I have 5 exemptions total. My income breakdown shows TOTAL WAGES of $57,983.00 (all from W-2s) and a significant business loss on Schedule C of $-16,091.00. No other income sources - zero interest income, dividends, capital gains, IRA distributions, etc. The transcript shows all my dependents with their name controls (SQUI, BLAI, DOHM, and MULL), and everything was processed in cycle 20230905. My return was received by the IRS on April 15, 2023, though I actually filed on March 20th. Anyone know if this 846 code means my money is actually on the way? It's been such a long wait since March and I really need this $14,708.18 refund! After dealing with that 570/971 combo for months (additional account action pending and notice issued), seeing the 571 code (resolved additional account action) along with the 846 feels like a huge relief.

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Anastasia Kozlov

•10M

This transcript shows your $14,708.18 refund was issued (code 846) on May 22, 2023, with an additional $87.18 in interest credited on June 5, 2023. The refund amount matches your reported withholdings ($4,808), combined credits ($7,846 total from two 766 credits of $5,909 and $937, plus $1,000), and earned income credit ($2,092). Your return was initially held for review (code 570) on March 20, 2023, with a notice issued (code 971) on March 27, 2023. This hold was resolved (code 571) on June 5, 2023. The transcript confirms your filing status as Head of Household with 4 dependents, W-2 wages of $57,983, and a Schedule C business loss of $-16,091. Your return was processed in cycle 20230905, and all credits were applied as of April 15, 2023. With code 846 now showing, your refund should have been distributed through your chosen method (direct deposit or mail). The interest payment indicates the IRS exceeded their standard 45-day processing window, automatically triggering interest on your refund amount.

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