I had cycle code 20240505 on my transcript last month. My account updated exactly on February 1st (Thursday night/Friday morning). Then again on February 8th. My direct deposit hit my account on February 14th. The Thursday cycle pattern held true throughout the entire process. I've been tracking this for years and the cycle day is remarkably consistent - it's one of the few reliable patterns in the otherwise unpredictable IRS process.

I can confirm the cycle code pattern from personal experience. Had 20240505 last year and tracked updates religiously - my transcript updated every Thursday night/Friday morning like clockwork for 8 weeks straight. The pattern was so consistent that I eventually stopped checking daily and just looked Friday mornings. One thing to add: while your main updates will follow the Thursday cycle, don't panic if you occasionally see small adjustments on other days. The big movements (like refund approval, direct deposit dates) almost always happen on your cycle day. Also, if you're in review or have any issues, those resolution updates typically still follow your cycle pattern too. The IRS may not officially document this for the public, but their internal batch processing absolutely runs on weekly cycles. Your 20240505 puts you in the Thursday group, so mark your calendar and save yourself the daily stress!

Yep, got my DDD on a random Tuesday last yr. The whole "Friday only" thing is BS tbh. Transcripts can update any day, but ppl keep spreading misinfo. I've been tracking this for 3 yrs now and seen updates every day of the week except Sunday. The cycle code on ur transcript (last 2 digits) can sometimes hint at ur update schedule, but even that's not 100% reliable. Congrats on ur DDD tho!

This is really helpful information! I'm new to understanding how the IRS system works, and I've been one of those people who thought updates only happened on Fridays. It's encouraging to know that my transcript could potentially update any day of the week. I filed about three weeks ago and have been checking every Friday like clockwork, but maybe I should check more regularly? Though from what others are saying, it sounds like obsessively checking daily might not be the best approach either. @Dominique Adams - congratulations on getting your DDD! April 23rd isn't too far away. Did you notice any other changes on your transcript before the DDD appeared, or did it really just go straight from N/A to showing the deposit date? Thanks everyone for sharing your experiences and the technical details. This community is so much more informative than just googling "when do IRS transcripts update" and getting conflicting information!

From what I've observed in this community over the past few tax seasons, WMR typically lags behind transcript updates by 24-72 hours. The Cycle Code on your transcript can also give you clues about when your WMR might update. If your cycle code ends in 01-05, you're on a weekly update schedule. If it ends in 20, you're on a daily update schedule. The consensus seems to be that transcript DDDs are reliable indicators regardless of what WMR shows.

I can relate to this anxiety! I'm also closing on a house soon and waiting on my refund for part of the down payment. From what I've learned lurking in this community, the transcript is definitely the authoritative source. I'd recommend checking your Account Transcript specifically for any codes that might indicate holds or additional review (like 971/570 notice codes). Also, if you haven't already, consider reaching out to your lender to explain the situation - many are familiar with tax refund timing issues during this season and might be able to work with you on timing if needed. The DDD on your transcript should be reliable, but having open communication with your mortgage officer can help reduce stress if there are any unexpected delays.

Pro tip: check your transcript early morning on Wednesdays and Fridays. That's when they usually update the system with new info.

This is totally normal! The "RETURN NOT PRESENT" message you're seeing just means your return is still in the processing pipeline and hasn't been fully entered into their system yet. At 3 weeks post-filing, you're still well within the standard processing timeframe. Those $0.00 balances across the board are essentially placeholder values - think of them as the system's "default state" before your actual return data gets processed and populated. Once the IRS completes processing your return, you'll see all those blank fields fill in with your actual AGI, taxable income, tax amounts, etc. The fact that your filing status shows correctly as "Head of Household" is actually a good sign - it means they've at least received and begun initial processing of your return. You should start seeing real data populate in your transcript within the next 1-2 weeks, and if you're due a refund, the "Where's My Refund" tool will update shortly after that. No need to panic - this is exactly what most transcripts look like during the processing phase!

I'm probably the most impatient person when it comes to waiting for my refund, but I've learned my lesson about Chime's early deposits. Last year I had a 3/15 DD date and was refreshing my Chime app every 10 minutes starting on 3/13. It finally hit at 4:37pm on 3/14. This year, same situation with a 3/12 date, and it came through at 2:18pm on 3/11. I've started setting a calendar reminder for 48 hours before my DD date so I don't drive myself crazy checking constantly before then.

I'm in the same boat with a 3/26 DD date on my transcript! Based on what everyone's shared here, it sounds like we should realistically expect to see it hit our Chime accounts sometime between 3/24-3/25. I've been checking my account obsessively too, but I think I'm going to follow Amun-Ra's advice and just set a reminder for 3/24 morning instead of driving myself crazy refreshing the app. The consistency everyone's reporting with Chime's early deposits is actually pretty reassuring - seems like once you have that 846 code with your DD date, it's just a matter of waiting for the 1-2 day early window. Thanks for all the data points, this community is so helpful for managing expectations during tax season!