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Checked my transcripts & I have a cycle code of 20210705, what exactly does that mean? Can someone help a sista out
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My code is 20205302 what does it mean its got two 776 codes for 1-18-21 an one 846 code for 1-4-21
That’s for the 2nd stimulus. For the current tax year, the cycle code begins with “2021.”
@Gogetter11: I never said what my cycle code is. I haven’t checked my transcripts yet. But, as my refund has hit today, I’m guessing my cycle code is 20210802 or 03.
And that seems to debunk the notion that all PATH-eligible returns are “weekly.” (I claimed the EIC.)
I have this code. No movement or refund. Not sure what’s going on.
Also, the Hold pattern for PATH throws Dailies into a Weekly pattern for the first week after the 15th, but something about the 2/12 start date this year both broke that pattern and seemingly scattered all predictability into the wind.
Good luck!!
yes you’re totally right about the days of the week, it’s the day your account posted to the Master File (IMF). The reason for a lot of 05s getting Wed DDDs is because 05 can be a Daily OR a Weekly.
Weeklys are processed once a week just as you wrote and Daily accts can be done on any of the other processing days and info updated when its done.
Mass transcripts update for daily accts Tues (now) and WMR on Weds I believe :)
FlGirl: That’s all well and good, but I’m just trying to teach you what the cycle codes mean. They refer to a processing day, not a DDD.
It does appear that 05s almost always get their DDD for a Wednesday. The 05 is Thursday, the TS updates on Friday, and WMR updates on Saturday, with the money in the account four days later, on Wednesday. I’m not so sure about the typical pattern for cycle codes indicating processing on other days.
@FLGirl: The last 2 digits of the cycle code refer to the day of week of processing. It doesn’t refer to the day of the DD. Sometimes returns processed on the same day have DDDs on different days.
@FLGirl:
As I said in a different thread, your reporting of the days is off. 01 is Friday (Saturday and Sunday aren’t included), 02 is Monday, and 05 is Thursday.