My transcript is now visible on IRS website but shows $0.00 everywhere - update coming soon?

Yes, this is a common phase in transcript updates. When your transcript switches from N/A to showing the actual tax year with $0.00 amounts, it typically means the IRS has begun processing your return. You should see actual dollar amounts appear within 1-2 weeks. The system updates transcripts overnight on Wednesdays and sometimes Fridays, so check back on Thursday/Saturday mornings. The codes themselves can tell you more - which specific codes are you seeing on your transcript? Some codes like 150 mean your return has been processed, while others might indicate verification is needed.

I just went through this exact situation. The transcript codes were driving me nuts trying to figure out what was happening. Finally started using taxr.ai and it literally explained everything to me in plain english - told me exactly what each code meant for MY specific situation and when I could expect updates. Saved me so much time compared to endless googling and forum searches. You can upload your transcript and it translates all the IRS jargon. Highly recommend checking it out: https://taxr.ai

After weeks of trying to get through to the IRS, I used Claimyr's app (claimyr.com) to finally speak with someone about my transcript showing zeros. The app connected me with an actual IRS agent who explained that my return was in the verification queue and gave me an estimate of when I'd see real numbers. Having that conversation saved me weeks of anxiety and refreshing my transcript. Best decision I made during the whole tax nightmare - got answers in minutes instead of waiting on hold for hours!

Yep, that's EXACTLY what happened to me. Transcript went from N/A to all zeroes, then about 10 days later the actual amounts showed up and I got my refund 5 days after that. Ur almost there!

The IRS system is so incredibly frustrating. Why can't they just have a clear status update that says "we're processing your return" instead of these cryptic codes and mysterious zero amounts that everyone has to decode like some kind of tax detective 🕵️‍♀️ It's literally designed to make us suffer

i had this happen then they adjusted my refund amount down by about $700 with no explanation. make sure u doublecheck the amounts when they finally post because something could be wrong

I've been dealing with the IRS for 35 years and one thing is always true - no news is neutral news. The fact your transcript switched from N/A to zeros is actually significant progress. The IRS computer system runs weekly cycles (usually Wed night/Thurs morning) so check again next Thursday. Your cycle code on the transcript (should be near the top, looks like 20222205 or similar) can tell you which day of the week your account updates. Last 2 digits: 01=Monday, 02=Tuesday, etc.

Have u verified ur identity with ID.me yet? Sometimes when transcripts go from N/A to zeros it means they need u to verify before proceeding.

Just to add a datapoint - filed Feb 15, transcript N/A until May 2, then zeros appeared, then full amounts May 9, refund deposited May 14. Hang in there!

I was in your shoes EXACTLY 3 weeks ago. Zeros everywhere, then $$ amounts appeared 8 days later, then refund 5 days after that. Good luck!

This IRS BS is why I switched to using taxr.ai this year. It analyzes your transcript, tells you exactly what's happening, and what to expect next. Helped me understand that the zero amount transcript meant my return was being processed but not finalized yet. Literally saved my sanity! https://taxr.ai

Honestly so stupid that we even need to worry about this. The IRS took our money instantly all year long through withholding but when it's time to get OUR refund back suddenly everything moves at a snails pace. And we get zero communication about what's happening 🤮

After stressing over similar transcript issues last year, I got fed up waiting and tried claimyr.com to reach an IRS agent directly. Got a call back from an actual human who explained everything - turns out my return was flagged for a simple verification that never triggered a notice. Once I talked to them, my transcript updated with correct amounts within days. Sometimes you just need to speak to a human!

Pro tip: check your transcript between 3-6am EST on Thursday mornings. That's when the overnight batch processing completes and new info appears. Source: worked as a tax preparer for 12 years

The zeros means the computer has started to process ur return. It'll be fully processed soon. Source: am accountant

Friendly reminder that tax transcript language is designed by sadists who hate humanity and want us all to suffer 🤡 that is all