This is what we expect if it works like prior years and according to the IRS ECC Calendar:
President’s Day will play a role with PATH this year. If it works like other years:
Thursday 2/15 PATH “expires” but we won’t see anything change on transcripts or WMR.
Friday 2/16 transcripts will update with Code 846 Refund Issued for Thursday 2/22.
Saturday 2/17 WMR will update with Direct Deposit Date for Thursday 2/22.
*There are cases where some people may get a direct deposit earlier than 2/22. In the cases where someone meets all of these conditions:
1) Paid Fees Up Front
2) Did NOT take a refund advance and
3) uses a NHB (no hold bank), a direct deposit could post to their account 1-4 days earlier.
In these cases we anticipate the first date actual money could post is Friday 2/16 in the early afternoon.
*In cases where you don’t get an 846 code, you may see an additional transaction, for instance 570.
What is NHB vs TFI?
Read More about Transcripts
Why does my WMR show the Path Act Message?