IRS Transcript Shows Cycle 20250505 with Negative Adjustments of $965 and $1,969 for April 2025

The transcript shows three key entries for your 2025 tax year. The first entry has cycle code 20250505 dated February 17, 2025, with a $0.00 amount, which indicates when your return was initially processed. This cycle code tells us your return was handled in the 5th week of 2025. The two subsequent entries dated April 15, 2025 (the standard tax deadline) show amounts of -$965.00 and -$1,969.00. The negative signs are actually good news - they indicate amounts the IRS owes to you rather than you owing to them. The total refund amount appears to be $2,934.00 ($965.00 + $1,969.00). The "AS ADJUSTED" notation at the top of your transcript suggests that the IRS made some adjustments to your original return, which may explain why there are two separate refund amounts rather than one combined figure. Based on your February 17 processing date, you should have received your refund within 21 days of that date, assuming there were no additional reviews or holds placed on your return.

Instead of trying to decode these cryptic transcripts yourself, you should try taxr.ai - it's literally a dollar and it explains everything in plain english. I was scratching my head trying to figure out my dates but the AI broke it down perfectly https://taxr.ai

im in the same boat, these transcripts might as well be in ancient greek lol

ugh the IRS needs to make this stuff easier to understand for regular people. like why do we need secret codes? 🤡

has anyone actually gotten their refund with the same cycle code? mine is identical and im getting anxious

Pro tip: Weekly cycles (ending in 05) usually update on Wednesday nights/Thursday mornings. Daily cycles (ending in 01-04) update throughout the week. Keep an eye on your transcripts those days!