Tax Transcript Finally Updated After 8 Weeks - $11,430 Refund Showing With 846 Code for 3/22 DDD

Been waiting since January when I filed. My transcript was N/A for almost 2 months with the dreaded 'still being processed' message. No letters or verification needed. Just checked my transcript and it finally updated! I can see several codes now on my transcript: 766 Credit to your account 04-16-2023 -$2,600.00 768 Earned income credit 04-16-2023 -$8,830.00 971 Notice issued 04-03-2023 $0.00 846 Refund issued 03-22-2023 $11,430.00 This Product Contains Sensitive Taxpayer Data sa.www4.irs.gov I'm so relieved to see these codes finally showing up! The 766 code shows a credit to my account of $2,600.00 dated for 04-16-2023. There's also a 768 code for Earned income credit of $8,830.00 with the same date (04-16-2023). I see a 971 code for a Notice issued on 04-03-2023 for $0.00, but I haven't received anything in the mail yet. Most importantly, I see code 846 Refund issued dated 03-22-2023 for $11,430.00! After all this waiting, I finally have movement on my transcript and a direct deposit date! Has anyone else experienced this long wait time? I'm assuming the 846 code means my refund is actually on its way to my bank account now?

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14 comments

Omar Farouk

•10M

The tax transcript shows several standard processing codes that indicate good news for your refund. The 766 and 768 codes dated April 15, 2023 represent your tax credits - specifically the 768 confirms your Earned Income Credit qualification. The 971 code from April 3 with $0.00 amount is typically just a standard notice issuance, likely your refund notification letter. The most important entry is the 846 code dated March 21, 2023 - this is your actual refund issuance code and confirms your refund has been approved and processed. When you see code 846, it means your refund is officially scheduled, and you should expect the direct deposit on the date shown (March 21). All these codes appear in normal sequence and indicate standard processing without any red flags or holds.

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