What do IRS Transcript Codes 766 and 768 mean? Need help understanding

Tax expert here! Code 766 refers to credit to your account and 768 is earned income credit. These are generally good signs - they mean the IRS has processed these credits for your return. However, seeing these codes doesn't necessarily mean your refund is coming immediately.

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been seeing these codes for 3 weeks now smh still no refund 🤮

its actually pretty simple - 766 = money coming to you, 768 = earned income credit approved. but when u get paid? thats the real mystery lol

Anybody else notice these codes show up on fridays usually?

I had these codes last month and got my refund exactly 2 weeks later if that helps

Hey! I've been dealing with IRS transcripts for years and these codes can definitely be confusing at first. Code 766 means a credit has been applied to your account (could be from withholdings, estimated payments, or other credits), and 768 specifically indicates the Earned Income Credit has been approved. The fact that you're seeing both is actually a positive sign - it means the IRS has processed these parts of your return. The waiting is frustrating but these codes appearing usually means you're in the system and things are moving forward. Just keep checking for that 846 code which will show your actual refund date!