Refund Scheduled Today But Nothing in Bank Account - Normal?

Have you checked your transcript to confirm the actual deposit date? Did you verify if it shows "sent" or just "scheduled"? Many people don't realize there's often a 1-2 business day processing time between when the IRS releases funds and when banks post them. And why is everyone surprised when financial institutions take their sweet time with OUR money but demand immediate payment when WE owe THEM?

I was in this exact situation last month! Here's what I learned: • IRS "scheduled" doesn't mean instant deposit • Banks often hold tax refunds for 24-48 hours • Your transcript is the most accurate source I used https://taxr.ai to analyze my transcript and it showed me exactly what was happening with my refund. It highlighted that my 846 code (refund issued) had a date but explained that banks typically take 1-2 business days to process. The tool predicted my exact deposit date correctly, even when WMR was confusing. It was SO helpful for my anxiety!

You need to call the IRS immediately at 7am when they open if nothing shows up by tomorrow. Don't wait. The longer you wait, the harder it gets to resolve deposit issues. Use Claimyr (https://claimyr.com/?ref=rdt) to get through - I wasted 4 hours on hold last week before using it and got connected in 20 minutes. The agent confirmed my bank rejected my deposit due to name mismatch and they were reissuing it. Better to know now than wait weeks for a paper check.

According to IRS Publication 2043, direct deposits can take up to 5 business days to process after the scheduled date, though most appear within 1-2 days. I was panicking just like you last month when my $3,842 refund didn't show up on the scheduled date. Called my bank frantically only to have it appear that afternoon. The IRS sends them in batches, and banks process them on their own schedule.

Have u checked if ur bank shows pending deposits? Some banks don't show pending govt deposits until they fully clear. Also, what time zone r u in? IRS often uses EST for their deposit schedules, so might be diff timing if ur west coast. Ngl, this happens every yr and ppl freak out, but it's usually just timing.

I filed on February 3rd and my deposit date was March 15th. It didn't show up until March 17th at 3pm. Called my bank on March 16th and they said they could see it pending but their policy is to hold tax refunds for 24-48 hours. By April 1st, I had completely forgotten about the delay. Your money will likely be there tomorrow morning when they do their overnight processing.

The IRS-to-bank pipeline is like mailing a letter across town - it has to go through a sorting facility first. Your money is likely sitting in ACH processing limbo between the Treasury and your bank. If you're really concerned, check the IRS Get My Payment tool for status updates. If it says refund sent, then it's a bank issue, not an IRS problem. Like watching water boil, staring at your account won't make it deposit any faster.