What does 05 code and PATH mean for WF direct deposit refund?

The 05 code indicates a direct deposit refund. PATH Act is a law that requires the IRS to hold EIC/ACTC refunds until mid-February for fraud prevention. Since we're past that window now, you should see movement soon. Keep checking your transcript for an 846 code - that's your actual refund date.

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in the same boat with WF. been checking my account like a crazy person every morning 😭

PATH act is the worst fr fr. Making us wait when we need our money the most smh

ya'll need to chill lol its only been a few weeks. Last year I waited 6 months 🤡

Pro tip: Set up text alerts with WF. Better than checking 500 times a day (def not speaking from experience 👀