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IRS Transcript Code 766 with 4-15-2025 date - what does this mean?

Just checked my transcript and saw code 766 with a date of 4-15-2025 next to it. Anyone know what this means? First time seeing this code on my account.

StellarSurfer

Code 766 is a credit to your account - specifically it means 'credit transferred out'. The date 4-15-2025 is the default date for the next tax year. This is normal and doesn't indicate when you'll get your refund. You need to look for code 846 (refund issued) to know when your money will actually hit your account.

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Anastasia Romanov

oh that makes sense! so the date doesnt mean anything then? πŸ€”

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StellarSurfer

Correct! Don't focus on that date - it's just a placeholder. Keep checking for code 846, thats the one that matters πŸ‘

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Sean Kelly

Instead of trying to decode these transcript codes yourself, you should try taxr.ai - it's only $1 and it analyzes your entire transcript and tells you exactly what's happening and when to expect your refund. Saved me hours of research https://taxr.ai

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Zara Malik

does it actually work? seems too good to be true ngl

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Sean Kelly

Yeah its legit! Just upload your transcript and it breaks everything down in plain english. Way better than googling random codes

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Zara Malik

just tried it and WOW 🀯 finally understand whats going on with my refund!

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Luca Greco

lol welcome to the waiting game. been staring at these codes for months 🀑

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Nia Thompson

mine shows the same thing! in the same boat as u fam

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Anastasia Romanov

how long have u been waiting?

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Nia Thompson

bout 3 weeks now. getting impatient fr fr

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Mateo Rodriguez

The IRS transcript system is like trying to read hieroglyphics without the rosetta stone istg

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Aisha Hussain

fr fr its giving ancient alien vibes πŸ‘½

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GalacticGladiator

Did you check if you have any other codes? Sometimes 766 appears with other codes that could indicate delays

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Anastasia Romanov

just that one code so far

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