WHAT YOUR CYCLE DATE MEANS & WHEN YOU WILL GET YOUR $!!

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  • #4094596

    MCRT88

    I have seen numerous people asking what their cycle date means, how to decipher it, and when they are getting their money. Instead of answering every single person that asks on every single thread, I decided to just create one..

    So, If you can view your transcripts, it will give you a cycle date which will tell you when your DDD is. I was able to review my transcripts this morning and have a cycle date of 20150402. Which I am assuming is the same for most people that can now view theirs. So, the cycle dates go as followed, 2015 is the year, obviously, 04 stands for the week of the year, meaning it doesn’t restart at the beginning of every month, so February 2-8 would be 05 then 06 and so on, even on the IRS calendar THIS week the 26th-30th is 04 (So we know it will be deposited this week) and the 02 is the day in the week it will be deposited, in this case Friday. SO we should have our money sent to SBBT or financial institution on Thursday Night/Friday Morning, then give or take a couple days for bank processing if you have fees, depending on your bank policy for deposits, etc. BUT THIS IS GOOD NEWS!! The cycle “Code” goes as follows (YEAR)(WEEK OF YEAR)(DAY OF WEEK) BUT where people get confused is the day of week. This is because it is based on the IRS CYCLE. So we know its being deposited the 4th week of 2015, the IRS CYCLE WEEK begins on THURSDAY (not Monday), you can look this up on-line, and ends on WEDNESDAY! So THURSDAY is 01, the cycle date WE HAVE is 02 which if Thursday is 01, then Friday is 02. This is how I know that our money will be transmitted on FRIDAY. I am 99% positive. WMR may or may not even update before then, however, I expect an update tonight for people who can view their transcripts. This is also in line with previous years. Last year many people got their DDD and the money was set to be deposited 2-3 days after they received their DDD. Also, for previous returns, look at your Cycle number and the day your money was sent and they will match up as well.

    HOPE THIS HELPS EVERYBODY WONDERING AND CONGRATS!!

    Filed 1/9 with TT, Accepted 1/12

The forum ‘2015 Tax Season’ is closed to new topics and replies.

Viewing 50 replies - 1 through 50 (of 232 total)
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  • #4111643

    Lynn

    Thank you, your info has proven accurate for me :)

    #4111535

    Hector

    I’m in Sandy’s exact situation with cycle code and date, but after decoding cycle date, they do not match. Cycle date is 4/30/15, but transaction date on transcript is 5/11/15. So when will my money be available to me?

    #4111534

    sandy

    Please help me confirm my estimate of Direct Depost if
    my transcript shows Cycle 20151605 (next to that ) DATE 05-11-2015

    Many thanks and greatly appreciate your help in advance.

    #4108931

    barb

    H &R Block filed my federal return on feb 16th and it was accepted on the same day.  The bar is still showing processing.  My 2014 account transcript is blank with the exception of a march 9th date.  Any suggestions?

    #4105402

    conner

    My transaction codes are as follows cycle #20150505
    150 2-23-2015
    806 4-15-2015
    766 4-15-2015
    766 4-15-2015
    768 4-15-2015
    826 2-23-2015
    971 2-23-2015
    971 2-23-2015
    570 2-23-2015

    My dad filed the same day I did and already recieved his money, my Bars dissappeared on the WMR site. and only states its being processed. I called the IRS and the lady states that everything looks fine that its just being processed. My taxes have never taken this long to get back.

    #4104409

    John

    @MCRT88 – PLEASE STOP PROVIDING FALSE INFORMATION. THE 02 IS THE MONDAY THIS YEAR. I TOOK THIS DIRECTLY FROM THE IRS MANUAL
    02 IS MONDAY THIS YEAR
    Code 846 is refund and 2015 is year, 04 is the week of the year, and 02 the day.
    3.30.123.4.9 (01-01-2015)
    IMF Daily Processing

    IMF processing will be daily except on weekends. Some transactions post to IMF on a daily basis as opposed to during the weekly cycle.

    3.30.123.4 (01-01-2014)
    Cycle Definitions

    ———————————————————————————————————————————————————————————–

    1.The word “Cycle” is used two different ways within Submission Processing.

    A.Cycle can be used as a “daily counter” , usually of non-holiday Monday through Friday days, from a start date through a stop date.

    B.Cycle can also be used to refer to a week, which is usually designated by a cycle number.

    Note:

    Effective January 2012, the Campus Production Cycles changed to begin on a Thursday and end on a Wednesday.

    See last sentence….using your own provided google search, its plain as day….STARTING IN JAN 2012, CYCLE NEGINS ON THURSDAY, ENDS ON WEDNESDAY….THURSDAY IS 01- FRIDAY IS 02…..SO, EVERYONE NEEDS TO USE THIS AS TRANSLATION OF THEIR CYCLE CODES

    #4104406

    John

    @MCRT88 – PLEASE STOP PROVIDING FALSE INFORMATION. THE 02 IS THE MONDAY THIS YEAR. I TOOK THIS DIRECTLY FROM THE IRS MANUAL
    02 IS MONDAY THIS YEAR
    Code 846 is refund and 2015 is year, 04 is the week of the year, and 02 the day.
    3.30.123.4.9 (01-01-2015)
    IMF Daily Processing

    IMF processing will be daily except on weekends. Some transactions post to IMF on a daily basis as opposed to during the weekly cycle.

    IMF Cycle Date is a daily cycle designated by an eight digit number indicating the year, the two digit cycle number and the two digit number indicating the day of the week (YYYYWWDD). The following values for DD are defined:

    01 = Friday

    02 = Monday

    03 = Tuesday

    04 = Wednesday

    05 = Thursday

    GOOGLE “3.30.123.4.9 (01-01-2015)” AND READ FOR YOURSELF. 02 IS MONDAY IN 2015!!!

    MCRT88 is the correct one here people….THURSDAY is the 1st day of the cycle week…Its been so with every return Ive seen thus far….whether it was like this last year. IDK, all we care about is this year….If you were right then my DDD along with code is wrong and the 25 others are wrong too…And since these people already got their refund, I go with Thursday as 1st day….mine is 20150505 and my DDD is 2/11/15….on youre cycle code, my DDD would be Thursday….obv don’t count weekend days when computing

    #4104405

    John

    and the date wth code 846 always is a few weeks later than the actual date….my transcript said 2/23/15, nut my DDD is 2/11/15….They have been sending the money 1-2 days bf this DDD date, then the bank posts on the DDD date. usually overnight bf…so my DDD is 2/11/15, they should send 2/9/15 or 2/10/15, posting after midnight on 2/11/15, so when I wake up Wednesday itll be there…I hope sooner but doubtful

    #4104402

    John

    “I know this is not the right thread for my question if someone knows a better thread where I can post this question please let me know : I did my taxes via Turbo Tax I have a DDD of 01/30/2015 and I was under the impression that because I picked the free version (I did not have the option to have fees taken out of the return because hence free there were no fees) that my taxes would go right from the IRS to my bank account now I am being told that that is incorrect no matter what your money goes to the bank of Santa Barbara first because even though the product is free it was 29.99 previous to this tax season so they have to deduct the 00.00 from someplace (this makes no sense) this is what turbo tax themselves (via online chat) told me last night. I was just curious have no worries the money is coming but using a new personal bank this year and every bank is different so it would be nice to know what is going on because if there is a 24-hour hold like last year between Santa Barbara and my bank I do not know if I would get the deposit Saturday or Monday”

    naybe only bc its turbo tax but they have to allow you the option and you agree, they cant say its free then just add a charge….its deceptive….I did mine thru taxact , free, mine goes rt to my bank

    #4104401

    John

    Thursday is the 1st day of the IRS week….The IRS year for refunds started Jan 8…….so a 20150505 mean Wednesday Feb 11, 2015 The cycle code is in this order:

    Year= 1st two #s
    Week= 2nd two #s
    Day= 3rd two #s

    Remember start counting weeks starting at Thursday Jan 8, 2015……

    #4103484

    monica

    my # is 20150505 ?? when should i be getting a refund

    #4103397

    Jade

    From what I understood 2015 is the year 05 is the week of the year and 05 is the 5th processing day. For the IRS processing days are as follows. Friday 01, Monday 02, Tuesday 03, Wednesday 04 and Thursday is 05

    #4103391

    Heather

    Hi I just got my cycle date from my transcript. Can anyone help with this? 20150505 refund date2/23/15 it has the 846 code refund issued, but the wmr is still at one bar?

    #4103033

    Joy sharp

    I have two people who filed and were accepted 1/26 and 1/28 the one on 1/28 site does not show filing on the transcript link and the both have one bar! Another one accepted on 1/31 and DDD of 2/9/15. Please help with this

    #4102906

    Joanna

    Ok so what does it mean if I can see my return transcript but not my account transcript?

    #4102840

    Anonymous

    Ok so apparently the 570 code with the 896 code is in reference to the health care penalty. the 570 means the refund is on hold but not really…??? I work with a guy that got the penalty but has already received his refund. Has anyone else gotten these codes and gotten their refund or a dd yet? Every one says the irs is telling them different things

    #4102824

    HollyB

    Jukes a 570 code is a freeze for further review. Google tax topic 570. Sorry!

    #4102806

    Anonymous

    @jukes

    I have the same codes and from what I’ve been able to find out so far it looks like we will either be processed or get our refunds on 2-16-2015

    #4102799

    Anonymous

    Can someone please, please, please help me. Filed on 1/17 through jh. accepted 1/20 on wmr. no movement since then. just learned about the transcripts so I looked mine up. It was available. The cycle date is 20150402 which according to this site means ddd of 1/30. but I have nothing. no movement on wmr other codes are 150. 806, 766, 768, 896, and 570. I know some of these are ins fine, eic etc but when can I expect my refund. I am desperate

    #4102711

    notthrilled

    I have cycle code 20150402. WMR has no bars and only displays “your return is still being processed”. Filed 1-08 and accepted 1-12. I had to pay the healthcare penalty but no other issues on the transcripts. So, I’m guessing they don’t know where to send the offset and they are holding everything else. Ugh. Anybody have any other information?

    #4100252

    Jesse

    Filed 1/20/2015. Return was accepted 1/21/2015. Finally have my transcript available this morning 02/03/2015. Cycle =20150502. WMR not updated as of 7:00am on 02/03/2015, still at first level.

    #4100180

    shawna

    I filed on 1/27/2015 i have one bar on WMR I have checked for my transcripts and am only allowed to see the bottom 2 for 2015. The transcripts say 0.00 and no dates or refund amount. When does the transcript site update as well as the WMR site. Any help would be appreciated. Thanks in advance!

    #4099188

    Amanda

    I just went to pull up my transcript and it says “No Return Filed” …I filed on the 19th, received notification that it was accepted on the 20th. I’m getting a bit concerned now. I used the same software for my mother in laws return a couple days after mine and she has already gotten her refund. Should I be worried that it isn’t acknowledging my return in the transcript? It shows it as accepted on WMR.

    #4098691

    Samantha

    I have a code 150 and a few others like eic code I have a cycle number of 20150405 and it says 2-16-2015 but I don’t have a 846 code….. Does this mean I’ll be waiting a while?

    #4098300

    Mya

    Cycle dates! For those with the cycle dates below. These are supposedly the dates they will be deposited.
    20150402 – Jan 30th 2015
    20150403 – Feb 2nd 2015

    #4098241

    impatientlywaiting

    Yeah, don’t pay attention to the 2/16. It’s virtually useless and is NOT when you’ll receive your deposit. If you have an -0405 cycle days, you’ll receive your refund between now and Wednesday.

    #4098229

    Anonymous

    So 20150405 means what? Transcript says refund issued 2-16-2015 but that is different from the code? Sorry. Am confused.

    #4097705

    Teresa

    I just pulled my transcript. the first like is 150 cycle code 20150405 amount 0.00 but the last line says 846 Refund Issued 02-16-15 then it shows the amount that we are suppse to get. do i pay any attention to that first line that says 0.00 because after that it has 3 other lines with codes then the date of 04-15-2015 with amounts used on our taxes. But that last line says 846 Refund Issued and the 02-16-15 with the amount we were told we were getting. I worry because i have student loans but they are in deferment right now until 10-15-15 . so someone said as long as they are in deferment i should be ok. anyone know?

    #4097648

    Sherry

    Filed with H&R Block accepted 1/21 approved 1/30l cycle code 20150404 ddd 2/03. Somebody’s working at the IRS!

    #4097639

    James
    #4097623

    addy

    Got my approval moved up on wmr today, and ddd of February 3rd!!! Thank you everyone!!

    #4097556

    rtbartonie
    @rtbartonie

    I wonder how many of us are going to have to wait the full 21 days… Because worst case … Is they’d have to be done and have it posted by the 11th…….. Omg I’m going crazy waiting could only order my account transcript return transcript up yet. Going crazy over here….

    Fugetha-bout-it already over here -__-

    #4097551

    JustWantMyMoney

    I am in cycle 05 and woke up this morning to my account transcript. I have code 846 and it has a date of February 16th. I am happy to see some type of movement, especially since I was accepted on January 16th. I guess the 05 theory really works.

    #4097520

    dude

    I have a cycle code of 201500402 with codes 570 and 896, when will I get my refund?

    #4097511

    Tarah

    I was finally able to view my transcripts today and my cycle code is 20150405, what does that mean? Does it mean I won’t get my DD until next week on Thursday? :(

    #4097423

    Vicki

    Filed on 1/19, accepted 1/20..no change. no transcript still. says Feb 16, 2015 with no return filed…what does 1/16/15 mean?

    #4097355

    Rodney

    How do u find transcript

    #4097201

    MoeMoney

    @s traak: same here. Funds going to SBBT first to have TT fees deducted. I am Expecting them to get it 2/3 and my bank 2/4.

    #4097199

    Abingham

    The only one for 2014 that I have is wages and it says no records found. Is that bad?

    All others say n/a so I guess im SOL :/

    #4097197

    MoeMoney

    @Question: IRS.gov request a copy of your transcript. On the ‘account transcript-2014’ look below ‘transactions’ for the cycle # I.e. 20150404, etc.

    #4097194

    Question

    I may seem stupid for this. But where can I see my transcripts and where on them can the code be found ?

    #4097192

    Anonymous

    When do transcripts get updated???

    #4097183

    s traak

    I just got to view my transcripts! As of lunch time they weren’t even available. File date 1/26 Accepted 1/26. No movement on WMR but cycle date on transcript says 20150404. What does that mean? Does that mean on Monday??

    #4097161

    Melissa

    Cycle dates from previous years can only lend some insight, but not much. Cycle codes without an 846 code don’t mean much as far as deposit dates either.

    I hate to burst bubbles, or rain on parades, but without that 846 code, an approval to release funds….

    #4097103

    Anonymous

    Filed: Sunday 1/25/2015 with Turbo Tax | Accepted 1/25/2015 |48 hours later go to WMR, one bar, 21 days for return, code 152 | N/A on transcripts | 3:45 am 1/29/2015 WMR Updated to two bars(Approved) with DDD 2/2/2015, which is Monday. I used my Netspend Card for deposit and have been told they deposit early. If my date is Monday does that mean they will deposit on this Friday 1/30/2015? There is nothing showing at SBBT and I have fees to be taken out. (Could they update overnight making this all be true?) or am I just blindly hoping it could happen?

    #4097063

    Anonymous

    I am confused. I have a cycle of 20150402 with one bar and no DDD. Transcripts are good obviously but no code. What should I make of this?

    #4097057

    Sasha.g88

    Im sorry but im not really understanding everything about transcripts and cycle dates but mine is 20150404 can some help me and i had direct deposit as well, thanks in advance

    #4097014

    Melissa L

    @Roger Thanks for the quick response last year I didn’t get my deposit until April was stuck in the system somewhere I was afraid the same would happen this year guess I have to play the waiting game again.

    #4097012

    straysoul

    So if below is true then 2015 equals 04 equals the week of 1/23-1/29 and 04 equals Wednesday the 28th is your posted date add 4 business days meaning Mon thru Friday would give you a direct deposit date of 2/2 or 2/3

    #4097010

    Roger

    @Melissa L: Without a 2015 cycle date, we can’t figure anything out. All we can say here is that your return hasn’t been processed yet.

Viewing 50 replies - 1 through 50 (of 232 total)

The forum ‘2015 Tax Season’ is closed to new topics and replies.