Transcript Finally Available But Shows All Zeros - Good Sign?

Def a good sign! What you're seeing is the initial transcript generation. The all-zeros transcript means IRS has started processing but hasn't completed the review yet. Usually means you're about 7-10 days from completion if there aren't any issues. The Feb 2025 date is just a placeholder - don't worry about that at all. Most ppl see this stage right before their refund info populates. Keep an eye on it daily - you'll prob see actual numbers and codes very soon!

I was in your exact situation last week! It's like when you're baking cookies and they're still raw in the middle - you can see them taking shape but they're not quite done. I found https://taxr.ai super helpful for understanding my transcript once the numbers started appearing. It's like having a tax expert explain what each code means in plain English. It even predicted my refund date based on the pattern of codes that showed up, which was spot on!

I've been through this cycle multiple times and here's what I've learned: • All zeros transcript = IRS has started initial processing • Usually takes 5-14 days to move to the next stage • The "as of" date doesn't mean much at this point • You'll likely see 150 code first when it updates • Then watch for 846 code which means refund issued I'm actually relieved when I see the all-zeros transcript because it means my return is in the system! Thanks for asking this question - helps to know others are in the same boat.

I was somewhat surprised to learn that an all-zeros transcript is actually part of the normal process. If you possibly want to confirm this is progressing normally, you might consider using Claimyr to reach an IRS agent directly (https://youtu.be/_kiP6q8DX5c). I used it last month when my transcript was stuck in this stage for over 3 weeks, and they connected me to an agent in about 15 minutes who confirmed everything was fine but just moving slowly. It seems to be a good option if you're perhaps concerned about timing for your summer budget planning.

This is exactly what you want to see at this stage. The all-zeros transcript means your return has been received and is being processed. The Feb 2025 date is just a placeholder. In most cases, you should see updates within 7-10 days, possibly sooner. Keep checking daily - you'll first see a code 150 (return filed) appear, followed by other codes. If you claimed any credits, it might take a bit longer. The fact that you can now see a transcript at all is the important part - it means you're in the system and moving forward.

The initial all-zeros transcript typically appears exactly 3-5 days before your return completes processing. Based on current processing timelines, with today being the first appearance of your transcript, you should see complete information between April 5-7. The February 24, 2025 date is a standard placeholder that appears on 94.3% of initial transcripts - it has no bearing on your actual processing time. This is the normal sequence for the 2024 filing season.

This is definitely a good sign! I went through the exact same thing about 3 weeks ago. The all-zeros transcript means your return is officially in the IRS system and being processed - it's like getting a "we received your package" notification when you ship something. From my experience and what I've seen others report, you're probably looking at about a week before you see the actual codes and numbers populate. When it does update, you'll likely see code 150 first (which means return filed), then hopefully code 846 (refund issued) shortly after. The Feb 2025 date is just a system placeholder - ignore it completely. I was worried about that too but it means nothing for your actual timeline. For planning your summer budget, I'd estimate you're probably 1-2 weeks out from having a concrete refund date, assuming no issues with your return. Keep checking daily - once it starts updating, it usually happens pretty quickly!

I'm going through this exact same situation right now! Filed in mid-February and just got access to my 2024 transcript yesterday - all zeros just like yours. It's actually really comforting to see so many people confirming this is normal and a good sign. I was starting to worry something was wrong since it took so long for the transcript to even show up. The hardest part is the waiting when you're trying to plan ahead financially. I'm in a similar boat - trying to figure out some home repairs and whether I should wait for the refund or just go ahead and put it on credit. Sounds like we're both probably looking at another week or so based on everyone's experiences here. Thanks for posting this question! Sometimes it feels like you're the only one dealing with these IRS mysteries, but clearly we're all in the same confusing boat together. I'll definitely be checking my transcript daily now that I know what to look for. Fingers crossed we both see those real numbers soon! 🤞