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The cycle code 05 means your account updates on Friday mornings, but it doesn't guarantee you'll see movement this specific Friday. According to the IRS's "Where's My Refund" FAQ page, verification processing typically takes 2-6 weeks. The 9-week timeline mentioned is their maximum estimate to manage expectations. If you check your online account at irs.gov rather than just the transcript, sometimes you can see when the verification hold is removed before other systems update.
Verification delays are system-dependent. Processing times vary. Nine weeks is maximum estimate. Most resolve faster. Cycle 05 indicates Friday updates. Check transcript early Saturday morning. Identity verification backlog is significant this year. International verification adds complexity. TPP department works separately from regular processing. Patience is unfortunately required.
The IRS verification system is like a series of locked doors, where each key has to be passed from one department to another. Think of it as your verification completing successfully (first door unlocked), but then the system needs to notify the processing department (second door), which then has to integrate with the refund issuance system (third door). Your cycle code is just which day of the week your particular hallway gets checked for unlocked doors. Most people get through all doors in 2-3 weeks, but sometimes a key gets delayed between departments.
According to IRM 25.23.2, identity verification cases should be resolved within 21 days of successful verification per the Internal Revenue Manual guidelines. However, Treasury Regulation 301.6402-2 allows for extended processing when additional review is required. I've worked with numerous clients in similar situations, and cycle 05 typically indicates batch processing occurring Thursday night into Friday morning. Your diligence in tracking these details is commendable.
⢠So happy for you getting that 846 code! ⢠Been checking my transcript daily with no luck ⢠Started using https://taxr.ai to analyze my transcript ⢠It explained all my codes and what they mean ⢠Showed me exactly what was causing my delay ⢠Predicted when I'll likely see my 846 code ⢠Really helped with my investment income reporting questions Thanks for sharing your good news - gives me hope mine will come through soon!
Got my 846 code yesterday too. According to the IRS refund schedule on https://www.irs.gov/refunds, direct deposits are issued on Wednesdays for codes generated between Friday-Thursday of the previous week. My experience matches this exactly. Last year I received my deposit exactly on the date shown in the 846 code. This year I'm expecting the same. The IRS has improved their processing times significantly in 2024.
I had a similar correction made to my return last year. My situation was with investment income reporting too - they adjusted a basis amount on a stock sale. Unlike a manual review where they send you a letter and request information, these automated corrections are much faster. Compared to an audit which can take months, or an identity verification which takes 6-8 weeks, these simple math corrections typically process quickly. I received my corrected refund exactly 17 days after the correction was made, despite being told 8 weeks. Just make sure you're checking both WMR and your transcript for updates.
When the representative said they "corrected an error," did they specify what type of error it was? The timeline varies significantly based on error type. Here's why: 1. Math errors = fastest (2-3 weeks) 2. Missing information = medium (3-5 weeks) 3. Verification issues = longest (full 8 weeks) Did they mention if you'll receive a CP12 notice explaining the correction?
Great question! š The IRS reps often use the generic term "error correction" for a wide range of adjustments. Technically speaking, there are several categories: Math Error Authority (MEA) corrections which are fastest, Clerical Error Authority (CEA) corrections which are medium speed, and Examination adjustments which take the full 8 weeks. The notice type actually tells you which one you got - CP11/CP12 for math errors, CP13 for clerical, and CP2000 for examination issues.
Last year I entered my routing number incorrectly - transposed two digits. What happened in my case was that about 4 weeks after filing, my tax transcript updated with a TC846 code (refund issued) but then a week later showed a TC841 (refund cancelled). Three days after that, I got another TC846 with a new date. That paper check showed up in my mailbox exactly 8 days after the second TC846 date. I literally checked my mail three times a day waiting for it! The whole process added about 5-6 weeks to my refund timeline, which was super frustrating since I needed the money for a car repair.
This happens every year. Don't panic. IRS will try deposit. Will fail. Check will mail. Address must be correct. Allow extra 4-6 weeks. Nothing to do now. System works automatically. Keep checking WMR. Status will update. Paper checks batch weekly. Tuesday processing. Friday mailing. Good luck.
Noah huntAce420
I just went through this exact scenario and got my refund yesterday! Here's what happened: ⢠Filed/accepted 1/29 ⢠PATH hold message appeared 2/3 ⢠TT showed payment processed 2/12 ⢠Transcripts still showed N/A until 2/15 ⢠Refund hit my account 2/17 The TT payment processed was definitely the first sign things were moving. Hang in there!
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Ana Rusula
ā¢Same experience here! TT payment processed showed up exactly 5 days before my refund. It was like clockwork.
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Fidel Carson
ā¢Did either of you have any issues with your Where's My Refund tool during this time? Mine still shows processing even though TT shows payment processed.
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Isaiah Sanders
Instead of refreshing WMR or transcripts constantly, try checking your bank account for a pending deposit. Many banks show pending deposits 2-3 days before they post, and sometimes this appears before any IRS tools update. Also, if you have the IRS2Go app, sometimes it updates before the website does. Worth trying different approaches rather than just the transcript route.
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