Is having your transcripts complete with a negative/credit account balance good?

Home Forums General Discussion 2019 Tax Season Is having your transcripts complete with a negative/credit account balance good?

  • This topic has 10 replies, 1 voice, and was last updated 6 years ago by cody.
  • Topic Starter
  • #4276626
    cody

      Seems like a good sign….have access to my transcripts and there are no bad codes. Compared them to previous years and they look the same.

      My account balance shows as negative in the amount of my refund.

      Never done any of this before and I’m only here because my bars went away with a being processed message.

      I have two kids and fall under the PATH act.

    Viewing 9 reply threads
    • Author
      Replies
      • #4276684
        cody

          I have the samecycle date with a 3/4/2019 professing date.

          Last year I had a 3/5/18 processing date and my refund was send 2/22/18

        • #4276673
          Randall

            That said, I am a cycle code 20190705, and nobody with my code seems to have a DDD yet, but I saw a 20190702 who had a DDD yesterday evening, and many 20190605’s who got one between today and Friday night for the 22nd.

            This leads me to believe 20190705, if they don’t expedite us, won’t see an update until next Friday.

          • #4276670
            Randall

              From what I see, just about everyone with missing bars are PATH. They had one bar, or had PATH message, before the big lift on the 15th, then they went to “being processed”.

              Not saying it didn’t happen to any non-pathers but I don’t see any posts by non-pathers losing bars–they just got paid and went on with life, haha

            • #4276667
              cody

                Ya same here…..I’m 34 so I think I filed for the first time when I was 16 and haven’t had this happen before.

                Everyone on here IS here because their bars are gone. Question is are there PATH people that didn’t have their bars go away?

              • #4276655
                Randall

                  Yeah the bars going away is weird and is a first time for me, too. Last year We had a refund of $99 with ACTC but no EITC and it deposited the 12th before PATH lifted.

                  The year before I never got bars because the idiotic healthcare company sent a mismatched 1095A to the IRS and we had to wait until March 29th to get it all worked out and get a deposit.

                  All years before that, as long as I have filed electronically back to 2006, never had a missing bar… it might be due to the temporary shutdown backing things up a bit.

                • #4276650
                  Randall

                    That’s right… at this point many people are where you are–their taxes have been processed and for some reason they haven’t sent a DDD yet, but if your message says it is being processed and your transcripts look otherwise complete, just missing code 846 with a date, then it’s just a waiting game here, friend :)

                  • #4276649
                    cody

                      Just read that being processed means your refund is about to hit. Hope that’s the case…never had the bars go away before.

                    • #4276647
                      cody

                        Thanks Randall I understand it’s a credit balance, but my question is does this mean my return was processed if they applied the refund to my balance? I don’t have any bad codes….it looks like I’m just waiting on a DD date maybe?

                      • #4276639
                        Randall

                          Negative means it’s a credit on your balance, which means it is your refund amount (unless you opted for any to be held for future filing purposes).

                        • #4276638
                          cody

                            Never have had my bars go away before.

                        Viewing 9 reply threads
                        • The forum ‘2019 Tax Season’ is closed to new topics and replies.