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Mommyof3
Mommyof3
Employee
February 6, 2024
Question

Transcript cycle codes

  • February 6, 2024
  • 1 reply
  • 0 views

I have always been cycle 05. I noticed that my refund is deposited in my bank on Wednesday's for years now. So can someone explain how this works? I find 2/1 and accepted same day. State is deposited tomorrow the 7th.

    1 reply

    J
    JulieS
    February 6, 2024

    We'd love to help you complete your tax return, but need more information. Can you please clarify your question?

     

    Nearly all direct deposits are deposited on Wednesday. 

     

    When things go well, you return is often accepted the same day it is filed. 

     

    Refunds usually take longer than a week, but the IRS has been trying to improve efficiency.

     

    I am not sure I understand your question. Are you trying to get an in-depth explanation of IRS processing?

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