Let’s talk transcripts…
…and clear up some confusion about the cycle dates. The cycle date is the date you posted to the master file. Posting cycles run from Friday to Thursday. Friday starts 01, you skip Sat and Sun, going to Monday with 02 and so on and so forth. Thursday is 05. So, a cycle date of 20150402 means you posted on 1/26/2015. You add 4 business days to that and your DDD is 1/30/2015. Please be aware that an 05 could be weekly OR daily.
transcripts and offsets
I KNOW I should have an offset, but hotline says no, and updated trans doesn’t show it. It has 846 refund code. The offset is for student loan, and hubby has always filed injured spouse and is only wage earner, so the past years they tried offseting it they always have to give it back , does anyone know if offsets have to be resubmitted every year by whatever agency, or are they there for life . I’m figuring they just gave up on offset since they don’t get anything, but maybe I’m wishful thinking. Didn’t file IS form electronically this year, figured I’d see if they offset it first, then I’d file it by mail if I had to. Are other peoples offsets showing on their transcripts?