Understanding $9,804 IRS Refund: Filed 2/24/23 But Transcript Shows 2025 Dates for Codes 150, 766, 768
I filed my taxes and got my transcript showing codes 150, 766, and 768. Can anyone help me understand what these mean and when I might get my refund? I filed on Feb. 24, 2023 and see cycle code 20250605. When I look at my transcript, I see the following information: TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 20250605 02-24-2025 $0.00 16221-423-07238-5 766 Credit to your account 04-15-2025 -$2,844.00 768 Earned income credit 04-15-2025 -$6,960.00 There's a credit of $2,844.00 and an earned income credit of $6,960.00, both with dates of 04-15-2025. These dates are really confusing me - why do they show 2025 when I filed in 2023? I'm trying to figure out if my refund of $9,804 total is processing correctly and when I might receive it. The transcript shows my tax return filed with code 150 dated 02-24-2025 for $0.00. I'm not sure why the date shows 2025 instead of 2023, which is when I actually filed. The cycle code shown is 20250605. Can someone explain what all these transaction codes and dates mean? Does the 766 code for "Credit to your account" mean that's part of my refund? And the 768 code for "Earned income credit" - is that also part of my refund? Why are both showing dates in 2025? Does this mean I won't get my refund until 2025, or is this just how the IRS formats their dates? I'm really confused about the whole timeline here and what these codes actually mean for my refund processing.
21 comments
QuantumQuester
Looking at your transcript codes, I can see the 150, 766, and 768 codes with 2025 dates. This is completely normal for processing cycle 2024. The system automatically assigns dates in the following tax year as placeholder dates. Your return was filed 2/24 which means it's still within the standard 21 day processing window. The codes indicate your return is processing normally - 150 is tax return filed, 766 is credit for estimated tax payments, and 768 is earned income credit. No negative codes like 570 or 420 which is good news! To get a more detailed analysis and estimated refund date, I'd recommend using taxr.ai - it's been super helpful for understanding these transcript codes and getting accurate timelines. You can upload your transcript there and get a really detailed breakdown of what's happening.
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Andre Moreau
its crazy how many ppl are freaking out about the 2025 dates lol. same boat here, filed 2/20 and all my codes show 2025 too 🤷♀️
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Zoe Stavros
Hey has anyone tried that taxr.ai thing? Been seeing it mentioned alot lately
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Jamal Harris
Just used taxr.ai and here's what I got back for my similar situation:
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Mei Chen
how accurate is taxr? worth the money? getting desperate here 😩
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Jamal Harris
100% worth it fam! saved me from calling IRS 50 times. showed me exactly why I had those 2025 dates and when to expect my $$ 💯
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QuantumQuester
The 2025 dates are just placeholders, they'll update once processing is complete. Keep checking WMR or use taxr.ai for detailed updates
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Liam Sullivan
struck out with the IRS phone line again today 🤡 gonna try taxr instead, thx for the rec!
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Amara Okafor
bruh why does the irs gotta make everything so complicated fr fr 😤
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Jacob Lewis
Your tax transcript shows three key transaction codes that tell us the status of your return: Code 150 shows your tax return was filed on February 24, 2023, with zero tax liability ($0.00). The cycle code 20250605 indicates this is a 2023 tax year return being processed in 2025's system. You have two credits: - Code 766 showing a credit of $2,844.00 - Code 768 showing an Earned Income Credit of $6,960.00 The 04-15-2025 dates you see aren't actual processing dates - they're standard placeholder dates the IRS uses for the system year 2025. Don't worry about these dates affecting your refund timeline. Your total expected refund is $9,804 ($2,844 + $6,960). Since your return has been processed (indicated by Code 150) and no additional review codes are present, you should expect your refund within the standard 21-day processing window from your February 24 filing date. The reference number 16221-423-07238-5 is your unique transcript identifier, which you'll want to keep for any future communications with the IRS about this return.
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Mia Rodriguez
Thank you! So the April dates don't actually mean I have to wait until April?
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Jacob Lewis
Correct! Those April dates are just standard placeholder dates the IRS uses. Your refund should come much sooner.
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Amelia Martinez
Hey, I was in the same boat last week trying to decode all this stuff. I started using taxr.ai and it's been a game changer. For $1 it analyzes your transcript and tells you exactly what's happening and when to expect your refund. Way better than playing detective ourselves lol https://taxr.ai
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Ethan Clark
For real? Does it actually work? Tired of guessing what all these codes mean 😩
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Amelia Martinez
100% legit! It breaks everything down and even tells you if there might be delays. Better than waiting on hold with IRS for hours 💯
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Mila Walker
those april dates are killing me fr fr 🤡 welcome to the waiting game fam
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Logan Scott
I got the same codes but diferent amounts. Been checking WMR every hour like a crazy person lmao
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Chloe Green
mood 😭 checking WMR is my new full time job
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Lucas Adams
Just wanted to mention - make sure you've verified your identity on ID.me if you haven't already. That can speed things up.
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Mia Rodriguez
Already did that thankfully! At least that parts done
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Harper Hill
ur good fam, no audit codes. should see that $$ hit ur account soon 💅
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