This is concerning my 2018 tax refund which the IRS held for almost a year now. Transcript finally shows code 846 with DDD of 2/24/2020 and nothing has been deposited as of today 2/26/2020. I double checked my return and the routing and account number are correct. To make things harder, they have also now applied a code 570 to my 2019 return, so now that might be another year waiting for another refund. I really need this money, it's been worst year of my life- any idea why the deposit dates say 2/24/2020 and nothing has been deposited? It saying to wait until March 23 to contact them...I'll be homeless by then.
For your 2018 tax return, if it is showing your refund was sent today 2/26, it can take 1 to 5 business days for the financial institution to deposit fund into your account.
Then for you 2019 tax return, Code 570 means that there is Additional Liability Pending/or Credit Hold. The IRS is in the process of matching forms they received for you and the ones you reported. The IRS should send you a letter if they find something they need more information about. For more information, IRS Publication 6209 - Section 8A
For additional information, you would have to contact the IRS directly, as to TurboTax does not receive updates regarding your return from the IRS once "accepted".
How do I contact the Internal Revenue Service (IRS)?
Note:
You will need to follow the prompts in order to speak to an IRS agent. There is a high call volume this time of year.
When calling the IRS do NOT choose Option 1.
Choose Option 2 after you choose the language.
Then Press 1
Then Press 3
Then Press 2, it will then transfer you to an agent.
For your 2018 tax return, if it is showing your refund was sent today 2/26, it can take 1 to 5 business days for the financial institution to deposit fund into your account.
Then for you 2019 tax return, Code 570 means that there is Additional Liability Pending/or Credit Hold. The IRS is in the process of matching forms they received for you and the ones you reported. The IRS should send you a letter if they find something they need more information about. For more information, IRS Publication 6209 - Section 8A
For additional information, you would have to contact the IRS directly, as to TurboTax does not receive updates regarding your return from the IRS once "accepted".
How do I contact the Internal Revenue Service (IRS)?
Note:
You will need to follow the prompts in order to speak to an IRS agent. There is a high call volume this time of year.
When calling the IRS do NOT choose Option 1.
Choose Option 2 after you choose the language.
Then Press 1
Then Press 3
Then Press 2, it will then transfer you to an agent.
The DDD was actually 2/24/2020... so that would mean to wait until Monday 3/2/2020 the latest to receive it as based on 1-5 business days? I waited over a year for these, I'm desperate. Thank you for your help.