Home › Forums › General Discussion › 2016 Tax Season › CAN ANYONE EXPLAIN TO ME WHAT THE CYCLE CODE 20160705 MEANS?
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Topic Starter
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February 28, 2016 at 1:47 am #4144495Anonymous
CAN ANYONE PLEASE EXPLAIN WHAT THE CYCLE CODE 20160705 MEANS ? DOES ANYONE HAVE A LINK TO THE CYCLE CODE CHART? THANKS MUCH
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April 12, 2016 at 1:09 am #4150117Chris
Hey I got this code and still no refund yet
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March 8, 2016 at 10:13 am #4145890Herestowaiting
So how are others who filed after me getting refunds before me…..
There are a number of reasons
1. They filed their taxes at a time when transcripts were not hit with an automatic posting delay code like 570.2. They are a daily filer
3. Processed before the prescribed outline
4.no special handling or codes like ID verify, offsets, etc.Another thing I also wanted to share is most people post their cycle code and assume that is the best way to guesstimate a refund DDD and in some instances it may be helpful but, there is actually more than one cycle code. The other cycle code is for the master file and that is the one that we should look at first because it details the cut off dates that potentially lead to a DDD.
If you have your transcript there is an as of date that a lot of people ask about and that is actually the latest date that you should receive your refund by….so it would be the Thursday or prior to the as of date that is your expected DD.
The cycle as I see it (for many not all)……
File
1 week later ….. Able to order account transcript
2nd week …..Either RTN TX is available or no movement
3rd week ….No movement or Return TX available
4th week …..No movement
5th week …… DDD
6th week …… Payout DD …..you will notice that this will be 2-3 days before or after as of date@All. I too am waiting for an update on my DDD which I presume will be on Saturday since I am a weekly filed. I’ve been following since I filed on 2/5 and have observed the various patterns of other participants and their experience with the IRS. Before I share what I believe to be the pattern, may I ask you to take this information, allow the suggested timeline to work and stop calling IRS getting yourself all frazzled. One thing is for sure tax advocates are merely the middle man to pass on information. They have no override authority, they are IRS employees. So although theyre assigned to assist tax payers they are not play makers. There are very few tax payers who get any real assistance from T.A. if you notice most of the people who say they got a T.A. and sped things up were already within the time frame for their return to be completed anyway! It’s not the people who are getting the 4464c letters who get prompt responses. You form your own opinion but this is mine.
Weekly filers
Now from what I have observed most of the people who filed beginning the official day filing started, 1/19 through 2/6 were entered into the system with a two week delay on processing. So, you filed 1/19…..couldn’t order account TX til 2/12…..the following week 2/19 you could order return TX….(This group was divided over3-4 disbursement dates 2/27, 3/4, 3/9…..3/16 should c!ear out most of the remaining depending on the number of weeks you were delayed…anywhere from 1-3 weeks. So if you filed during this time and have not gotten any codes, letters aside fromCP05 who h has to be issued after 30 days and when you called you’re told review….those are their instructions…….. you should get a DDD. So you will notice that you were able to order your rtn TX real close to what would have been your 21st day. Depending on when your return was processed the day as well as the time determines where you fall in line. You should also take into account if you were flagged for any reason, that would cause you at least a one week delay. I’m going to post examples shortly. I just really don’t want people rushing to T.A. who in many cases can open a can of worms that you could avoid if we knew a little more about the process -
March 7, 2016 at 10:26 pm #4145866Terry
Jamie,I spoke with representative on Friday he told me that the reason why I was able to order my transcripts are because it was past the 21st days as my account transcript said no return filed because it was in review,he said on his side he don’t see the date of April 15th so hopefully I get a DDD soon
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March 3, 2016 at 4:20 pm #4145301Jaime
Terry-
I have the same. So confused.
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March 3, 2016 at 3:13 pm #4145296Tiffany
I ask the IRS lady about April15 and she said that’s the last day u can filed OK and I said what a bout the 03/07/16 and she said that’s the last day they can hold your refund
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March 3, 2016 at 1:54 pm #4145280Anonymous
I have the same cycle posted on my transcript, however under its says April 15,2016 but no other codes or anything else, what does this mean??
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March 3, 2016 at 11:01 am #4145240Tiffany
Yes flarise
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March 3, 2016 at 10:58 am #4145238FLraiseD
Right so if you have this cycle code with the date 3/7 next to it this means that the if you STILL have a hold/freeze on your return then this is the date that the IRS will look over your return Again and decide whether it does in fact need to be further reviewed or if they see no problems and can go ahead and release/approve your refund!
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March 3, 2016 at 10:58 am #4145236Tiffany
If u need Help call this number 18008290922
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March 3, 2016 at 10:54 am #4145234Tiffany
Just to let y’all no I just called the IRS about this and she said they have a hold on your refund until 03/07/16 so that’s good yall
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March 3, 2016 at 8:56 am #4145206Tiffany
Still noting still no DDD
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March 2, 2016 at 8:08 am #4145051El Chapo
I have the same cycle code and I filed 01/19 but I had a 570 code on it and I think it had something to do with me verifying.
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March 2, 2016 at 7:57 am #4145048Tiffany
I got the same thing 20160705 and code 150 what does that mean and when will I get a DDD and plus it said sum thing bout 03/07/16. What’s that please help me I have 3kids to take care of god bless all of us with kids that really needs the money amen
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February 29, 2016 at 7:09 pm #4144754Drea
Did any of you with this code get a ddd yet?!?! This is my code and I am still processing tt152. Sigh.
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February 29, 2016 at 1:17 pm #4144705Chyne
Your return finished processing on Thursday, February 25, 2016…the funds were released to the treasury and you should receive your refund within 10 days, unless there are any holds or offsets on your account.
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February 28, 2016 at 3:42 am #4144508
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February 28, 2016 at 3:21 am #4144505Anonymous
I have the same cycle code. I found a cycle chart that’s been very helpful. I posted the link below. it breaks everything down, even though it still kind of confusing. Hope it helps:)
By the chart we should see something at the latest march 7
http : // refundtalk . com / forums /topic /cycle-codes /
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February 28, 2016 at 3:11 am #4144502
That your return was processed this year on the 7th week of the year on the 5th day. YOU are a weekly account and will see updates on Thursdays of the week with an DDD usually provided the following Saturday for the upcoming Wednesday.
This will be the case next year as well. Look to get your return in no less than 30 days.
This is because at some point you had errors on your return and it has been flagged for a manual review to make sure your return is correct before its approved.
This is the case for myself. No big deal just means they double check your math by hand.
Happy Taxmas
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