This happens every year! My credit union holds my refund for exactly 3 days after it appears pending. Last year I called them 5 times trying to get it released early when I could see it sitting there. They gave me the exact same explanation - that the Federal Reserve settlement date is binding and they can't release it until then. I'm worried this year about timing because I have a mortgage payment due exactly 1 day after my scheduled deposit date, and if there's any delay I might get hit with a $58.43 late fee.

Switch banks next year! 😂 Seriously though, some banks release IRS refunds immediately while others hold them until the official date. I use Capital One and they've always given me access to my refund as soon as it hits my account as pending. Maybe worth considering a different financial institution if this is a major inconvenience for you. At least the PATH delay is over and refunds are flowing now!

I'm not entirely convinced there's a specific issue with TurboTax or Credit Karma... It might be that they have more users, so we just hear about more delays from their customers. I've been watching these forums for several tax seasons, and it seems like the delays affect different preparation methods each year. Perhaps it's more about what's on your return than how you filed it.

Per IRS Publication 1345 (Authorized e-file Provider Requirements), all authorized e-file providers must meet the same transmission standards regardless of consumer software brand. The differentiation in processing times is more likely related to the Refund Integrity Verification Operations (RIVO) as outlined in Internal Revenue Manual 25.25.3, which selects returns for additional review based on specific criteria unrelated to filing method. Your frustration is completely understandable given the delays.

Based on what I've gathered about the 2024 CTC delivery methods: • Not everyone will receive paper checks - it depends on individual circumstances • Paper checks are more likely if you're a first-time CTC claimant • Paper checks may be issued if there were issues with previous direct deposits • The IRS sometimes issues paper checks if you've had recent address changes • Some tax software preparation methods can trigger paper checks I'd recommend checking your tax transcript if possible to see if there are any specific codes indicating how your refund will be delivered.

I called the IRS exactly 3 days ago about this exact issue. I was told that for Tax Year 2023 (filing in 2024), approximately 17% of Child Tax Credit refunds are being issued as paper checks instead of direct deposit. The agent said this is part of their enhanced verification process that began on January 29, 2024. If you filed after February 15, 2024, you should expect 21 days for processing plus an additional 5-7 days for mail delivery if you're in the group receiving checks.

Sounds like identity verification. Not an audit. Common procedure this year. Bring everything they requested. Add passport if you have one. Social security card too. Appointment usually takes 30-45 minutes. Processing after verification can take weeks. If you need to speak with IRS before your appointment, try Claimyr. https://claimyr.com connects you with IRS agents quickly. Saved me hours of hold time. Got clarification on exactly what documents I needed.

I've been through this verification process twice in my career - once in 2018 and again in 2022. The first time I was worried like you are, but it turned out to be straightforward. Last time, I knew what to expect and brought a complete documentation package. The key difference between verification and audit is that verification is about confirming you are who you say you are, while an audit examines the accuracy of your return. In my experience, after verification was complete, my return was processed within about 6 weeks - not immediate, but not terribly long either. Make sure to get a contact name and direct number before you leave your appointment, as that proved invaluable for me when following up.

I've seen this pattern dozens of times during my years working with tax issues. One alternative approach: check your transcript between 12am-3am EST on Wednesday mornings. That's when many batch processing updates occur in the IRS system. I've noticed returns with CTC often update during this window, particularly if they've already passed verification. This timing has been consistent for the past three tax seasons.

I tracked exactly 37 cases of post-verification delays this season in my tax office. The average wait time between 0605 code and refund was 13.4 days. The longest was 26 days, shortest was 8. Returns with dependent credits (like yours) averaged 16.2 days. Based on this data, you're still within normal parameters, frustrating as it is. If you reach day 21 post-verification with no movement, that's when I'd recommend calling.