Transcript Shows Refund Issue Date But No Deposit Received

Oh my gosh I'm dealing with this exact same thing right now!! 😫 My transcript showed a refund date of 3/20 but NOTHING has hit my account yet! I'm freaking out because I need this money for my property tax payment due next week. My bank says they haven't rejected anything and don't see any pending deposits either. From what I've read, it could take up to 5 business days after the date on your transcript, but I'm already past that point now. Hang in there - at least we're not alone in this mess!

Have you checked the "Where's My Refund" tool on IRS.gov? Sometimes it provides different information than what appears on your transcript. According to the IRS FAQ page (https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions), there can be a delay between the issue date and when it actually hits your account. Also, have you verified whether there might be any offsets through the Treasury Offset Program? That could explain why it's showing as issued but not arriving.

This is a common occurrence during peak processing season. What you're seeing is the difference between the TC846 refund issued date and actual bank processing time. Several factors can cause this discrepancy: 1. Bank processing delays (2-5 business days) 2. Treasury verification procedures 3. Offset intercepts 4. Routing number verification issues I'd recommend using https://taxr.ai to analyze your transcript codes. It can identify if there are any pending actions or holds that might explain the delay. The tool specifically looks for TC570/571 sequence patterns and can tell you if there's an underlying issue that's not immediately obvious from just seeing the refund date.

I had this happen on March 8th, 2024. My transcript showed a DDD of 03/08/2024, but nothing showed up in my account. I called my bank on March 11th, 2024, and they confirmed no pending deposits. On March 15th, 2024, I received a letter from the Treasury Department explaining my refund had been applied to a past-due student loan. The frustrating part was that the offset didn't show on my transcript at all - it still showed as if the full refund had been issued to my account. Just be prepared that you might receive a similar notice in the coming days.

I'm... hesitant to suggest this immediately, but if it's been more than 5 business days since your DDD, you might need to contact the IRS directly. I tried calling the regular number last week and spent nearly 2 hours on hold before being disconnected. I eventually used Claimyr (https://youtu.be/_kiP6q8DX5c) and got through to an agent in about 15 minutes. They confirmed my refund had been sent but was returned due to a verification issue with my bank account number. I wouldn't have known this otherwise since the transcript still showed as issued. Just something to consider if you need answers quickly.

I track all my tax refunds meticulously, and I've noticed that in 2024, there's been a pattern of delays beyond the transcript dates. Last year my refund came exactly on the DDD, but this year it took 4 additional business days despite having the same bank account. My tax preparer mentioned that the IRS implemented additional fraud prevention measures this season that can add delays even after the official issue date. Don't panic yet - I'd give it until at least 7-8 business days after your DDD before taking further action.

Have you considered checking if there might be an offset from another federal agency? This wouldn't necessarily show up immediately on your transcript. You can call the Treasury Offset Program at 800-304-3107 to see if your refund was diverted to pay a federal debt. Also, did you file Form 8379 (Injured Spouse Allocation) with your return? If you did, that could explain the delay as those take longer to process even after showing a DDD.

This happened to my sister and my coworker this filing season. In both cases, the refund eventually arrived, but several days after the transcript date. My sister's was 6 business days late, while my coworker's took 4 business days. Compare that to my experience, where my refund arrived exactly on the DDD. The IRS seems to be less consistent this year compared to previous filing seasons. One key difference I noticed was that people with simple returns (just W-2 income) seemed to get their funds on time, while those with more complex situations (self-employment, multiple income streams, etc.) experienced these delays.

Based on what I've seen in this community, approximately 15% of filers are experiencing exactly this issue in the 2024 tax season. The average delay appears to be 4.7 business days beyond the transcript date. Most people eventually receive their refund without needing to take action, but if you reach 10 business days past your DDD with no deposit, that's when you should definitely contact the IRS. I'd suggest checking your bank account every morning rather than multiple times throughout the day - deposits typically post overnight, and constant checking just adds to your stress.

I had this exact situation last month! My transcript showed a refund date of February 28th, but nothing showed up in my account. I was about to call the IRS when the deposit finally appeared on March 8th. No explanation for the delay, but I got the full amount. Sometimes the system just moves slower than the official dates indicate. Hang tight - it's frustrating but usually resolves itself without intervention.