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Can someone decipher/explain cycle date 20170505? Thank you.
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Can someone decipher/explain cycle date 20170505? Thank you.
This was shared on another thread :
.30.123.4.9 (01-01-2017)
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
Note:
This date is the equivalent of the Cycle Date in IDRS and reflects the date the transaction is posted by IMF. See Exhibit 3.30.123-2, Enterprise Computing Center – MTB Posting Cycle Calendar.
Example:
IMF daily transactions balanced and released by the campus on Monday, August 7, 2017 will have a posting cycle of 20173203.
MF Refund Payment Date -The IMF Refund Payment Date will be computed by IMF for both Direct Deposit and Paper Check refunds and will be listed on the refund transaction TC 846 in fields:
“RFND-PAY-DATE” on IMFOL, format MMDDYYYY
“RFND-PYMT-DT” on TXMOD, format YYYYMMDD
IMF computes this field as the posted cycle date PLUS four business days for Direct Deposit refunds; posted cycle date PLUS six business days for Paper Check refunds.
Found on irs.gov this is the link : https://www.irs.gov/irm/part3/irm_03-030-123r.html
I ordered my transcripts through the mail my return transcript has a cycle code of 20170405 but I do not see a processing date??? I see a received date for April 15th…. Can anyone clarify for me please and thank you.
My cycle date is 20170405
So when would be my DDD
You add 4 to the processing date which will give you a ddd if you’re under the path act.
Cycle date 20170505. Created this thread. WMR updated overnight Friday. DDD of 2/8!
I have the same code, from what I understand that it is the fifth day of the fifth week of the year. Add 4 business days = DDD. (Wed 2/8) Fingers crossed for a DDD update tonight!
wow..the block is hot….and not hr block….lol….getting notifications off the chain….the irs done already to me to sit myself down somewhere until after the 15th lol
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