NAVY FEDERAL Direct Deposit Date Passed - Refund Trace Number But No Money?

This is probably a timing issue between the IRS and Navy Federal. The trace number suggests that the payment was at least initiated, which is generally a good sign. However, there could be several possible causes for the delay: 1. The IRS might have sent the payment but it's still in processing at the ACH network 2. Navy Federal might be holding funds for their standard verification period 3. There could potentially be an issue with the account information that's causing a processing delay I would suggest waiting at least 5 business days from your DDD before taking further action, as many financial institutions have internal holding periods that aren't immediately visible to customers.

I've been through this exact scenario twice before. Last year I waited 9 days past my DDD before I finally got through to an IRS agent using Claimyr.com. Turns out my deposit had been rejected by my bank due to a name mismatch that I never would have known about otherwise. They were able to reissue it right away once I confirmed my details. Without getting through to a live person, I would have been waiting for months. The video walkthrough helped too: https://youtu.be/_kiP6q8DX5c

I'm in exactly the same boat. My DDD was April 15th (exactly 3 days ago), I have a trace number, but still nothing in my Navy Federal account. I've called Navy Fed twice and they say they don't see any pending deposits. I've been checking my account precisely every 2 hours since the 15th. This is beyond frustrating.

There's an important distinction between the IRS Direct Deposit Date and when funds actually post to your account. The Treasury Financial Manual stipulates that ACH transactions may take 24-48 hours to fully process even after the settlement date. Navy Federal's Funds Availability Policy also states that government deposits can be subject to verification holds of 1-2 business days beyond the effective date. Your trace number indicates the transaction is in the Federal Reserve's ACH network, but hasn't completed the full posting cycle to your NFCU account.

Has anyone checked their transcript to see if there are any codes that might explain the delay? I was in the same situation last week and was going crazy until I used taxr.ai to analyze my transcript. It showed me that code 971 appeared after my DDD was issued, which meant there was a notice sent that was delaying things. The site explained exactly what was happening and what to expect next. Has your transcript updated since your DDD passed?

I had this happen with Navy Fed last year. What worked for me was checking the IRS "Where's My Refund" tool again - mine had updated to say the deposit was returned and they were mailing a paper check instead. Never got any notification from Navy Fed about rejecting it. I'd also recommend calling the Treasury Offset Program at 800-304-3107 to make sure your refund wasn't reduced for any debt offsets. I helped my sister figure out her missing refund and it turned out her student loan had taken a chunk without any notice.

Navy Federal can sometimes be slower with tax refunds compared to other banks like Chime or Cash App. My wife's refund hit her Cash App account a full 2 days before mine appeared at Navy Fed, even though we filed together and had the same DDD. The trace number is actually a good sign - it means the money is in transit somewhere. I'm a little concerned that we're seeing more of these delays this year than in previous tax seasons, though.

Have you checked if your refund amount matches what you were expecting? Sometimes when there's a discrepancy between the expected and actual refund amount, it can cause processing delays. Here's what I recommend: 1. First, verify the refund amount on the WMR tool matches what you calculated 2. Check if you have any existing debts that might trigger the Treasury Offset Program 3. Call Navy Federal specifically about ACH government deposits - ask if they see it pending in their system 4. If nothing by day 5 after your DDD, request a refund trace through the IRS Did the amount shown on WMR match what you were expecting to receive?