No Updates On Cycle 20250605 Tax Return: $7,991 Withholding, $1,271 Credit Pending PATH Lift

Filed my return on 1/22 and got accepted 1/24. I'm cycle code 5 with ACTC but my transcript hasn't changed at all from last week. I pulled my transcript again today and I'm getting frustrated with no updates. Here's what my transcript shows: TOTAL SELF EMPLOYMENT TAX: 0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Apr. 15, 2025 PROCESSING DATE Feb. 24, 2025 TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 20250605 02-24-2025 $0.00 70211-424-09595-5 806 W-2 or 1099 withholding 04-16-2025 -$8,091.00 766 Credit to your account 04-14-2025 -$2,371.00 This Product Contains Sensitive Taxpayer Data I can see my processing date is Feb. 24, 2025, and I'm showing code 150 Tax return filed with cycle 20250605. But the amount is $0.00 which is confusing me. My transcript shows W-2 withholding (code 806) of $8,091.00 and a credit (code 766) of $2,371.00, both dated for mid-April 2025. Even my return due date shows as Apr. 15, 2025, but nothing has updated since I first checked last week. Anyone else in the same boat with cycle code 5 and ACTC? Will we see updates or nothing until PATH lifts? My total self employment tax is showing as 0.00 if that matters. I'm also not sure what the long number 70211-424-09595-5 under my tax return filed means. Is this normal for everything to look like this with no updates?

0 coins

14 comments

Diego Chavez

Your transcript shows several key dates and amounts that help explain your tax situation. The processing date of February 24, 2025, and cycle code 20250605 indicate you're on a weekly processing cycle (05). The withholding amount of $7,991.00 (code 806) represents taxes already paid through your W-2, while the $1,271.00 credit (code 766) is likely your Additional Child Tax Credit. The future dates you're seeing (April 15, 2025) are normal - these are systematic dates the IRS uses for the tax year. Your zero self-employment tax confirms you had no self-employment income requiring additional tax payments. Since you claimed ACTC, you're affected by the PATH Act, which prevents refunds from being released before mid-February. Your cycle code (05) means your transcript typically updates on Thursday nights/Friday mornings. Even if you see no changes, the IRS is still processing your return - the PATH Act hold simply prevents the release of certain refunds until the mandated time. Keep monitoring your transcript for the addition of an 846 code, which will indicate your refund has been scheduled.

0 coins

- 1M