Based on the data I've collected from approximately 50-60 similar cases this tax season, about 85% of "missing" direct deposits appear within 48 hours of the official deposit date. The remaining 15% typically involve either bank processing delays or secondary verification procedures at the Treasury level. It's worth noting that some financial institutions, particularly online banks and certain credit unions, may have longer processing windows for government ACH transfers. While it's certainly frustrating, a delay of 1-2 business days from the stated deposit date generally falls within normal parameters.

I'm going through the exact same thing right now! My deposit date was also today (April 2nd) and I've been checking my account obsessively since midnight. It's really helpful to see all these responses confirming this is normal - I was starting to panic that something went wrong with my return. From what everyone is saying, it sounds like I should expect to see it by Thursday or Friday at the latest. I bank with a smaller regional credit union, so based on what @Javier Mendoza mentioned about smaller institutions having different processing times, that might explain the delay. @Paolo Conti - thanks for sharing your experience with getting through to the IRS. The phone situation does sound impossible right now. I might just wait the 3 business days before trying to contact anyone, especially since so many people here have confirmed this delay is totally normal.

Thank you all for the amazing advice! I'm going to: 1) Ask about their corporate structure and how they're handling 280E 2) Look into having each family member invest separately rather than through me 3) Make sure our bank won't give us issues with deposits 4) Use that taxr.ai site to analyze the investment docs before committing Really appreciate all the responses - this has been incredibly helpful!

One more thing to consider - make sure you understand the liquidity timeline for this investment. Cannabis PE investments are typically very illiquid, and you might not be able to exit early even if you need the money. Also, since you mentioned this is your first PE investment, be aware that cannabis operations can be volatile due to changing regulations at both state and federal levels. What's legal and profitable today might face new restrictions tomorrow. The 8% dividend sounds attractive, but make sure you're comfortable with the risk profile and that you won't need access to this capital for several years. Consider diversifying rather than putting all your investment capital into a single cannabis operation, especially as a first-time PE investor.

The collective wisdom here is that verification adds 10-21 days to processing, but there are outliers in both directions. 😂 I've seen people get deposits 5 days after verification and others who waited 6+ weeks. The key factors seem to be: 1) Whether you verified online vs. by mail/phone, 2) The specific reason you were flagged for verification, and 3) Whether you have other potential review factors on your return. If you verified online and have a straightforward return, you're likely in the 2-week range.

Just went through this exact situation! I verified my identity on March 2nd and got my refund deposited on March 18th - so 16 days total. Like others mentioned, my WMR bars completely disappeared for about 10 days which had me panicking, but then it suddenly jumped to "approved" with a deposit date. The transcript codes were super helpful to track - I saw the 971 notice code first, then 846 refund issued about 3 days before the actual deposit. Definitely check your transcript if you haven't already, it gives you way more info than WMR. Fingers crossed yours processes soon since you're already a week in! 🤞

OMG I'm freaking out because I NEED my refund by next Friday to cover my property tax payment!! 😫 I've been checking WMR obsessively and now it's down when I need it most! I filed on February 12th and it's been 24 days with no updates. Now I can't even see if there's movement! Has anyone who filed around the same time received their refund yet? I'm so stressed I can barely sleep!

I feel your pain! I've been through this exact same situation before. The WMR outages are incredibly frustrating, especially when you're counting on that refund for important payments. A few things that might help ease your stress: First, the 21-day processing window is just an estimate - many refunds actually take 2-4 weeks, so you're still within normal timeframes. Second, if you claimed EITC or Child Tax Credit, those returns are held until mid-February by law, which can add extra processing time. Third, try checking your bank account directly - sometimes the refund deposits before WMR even updates! If you're really pressed for time, you might want to call the IRS directly (though expect long wait times) to get a real status update. Hang in there - the system being down doesn't mean anything is wrong with your refund!

This isn't directly about loans vs payment plans, but make sure you consider whether you qualify for any penalty abatement! If this is your first time owing taxes, you might qualify for First Time Penalty Abatement which could save you a decent amount. You'd still have to pay the base tax and interest, but it could remove the failure-to-pay penalties. I saved almost $800 this way when I owed taxes a couple years ago. You can request it after you've paid the tax in full or while you're on a payment plan.

I went through this exact situation two years ago owing about $8,200 to the IRS. After running all the numbers, I ended up choosing the personal loan route at 5.9% interest, and I'm glad I did. Here's what tipped the scales for me: The IRS charges 8% interest PLUS the 0.5% monthly failure-to-pay penalty, which effectively made my total cost around 14% annually when you factor everything in. The personal loan was clearly cheaper mathematically. But beyond just the numbers, having the IRS debt completely cleared gave me huge peace of mind. No more worry about future refunds being seized, no dealing with IRS correspondence, and my credit actually improved from properly managing the personal loan payments. One thing I'd recommend - if you do go the personal loan route, make sure you can comfortably afford the monthly payments. Don't stretch yourself thin just to avoid the IRS. The IRS is actually pretty reasonable to work with if you communicate with them, while missing payments on a personal loan can hurt your credit fast. Also, shop around for the best loan rate if you haven't already. I was initially offered 7.8% but found a better rate with a credit union at 5.9%. That small difference saved me hundreds over the life of the loan.