When you will receive your refund, after the bar is filled, depends on what cycle code you have.
The cycle code tells you the calendar date in which your account posted to the master file. This is what the cycle code means :
- 2020 Year
- 05 is the IRS cycle week (5th week of filing season) [See screenshot below for a list of cycle dates.]
- 05 is the processing day of the week (Thursday in your case)
Put them all together and you have Thursday, January 23, 2020.
Cycle Code Ending in 01= Friday
Cycle Code Ending in 02= Monday
Cycle Code Ending in 03= Tuesday
Cycle Code Ending in 04= Wednesday
Cycle Code Ending in 05= Thursday
Please click the IRS FAQ to learn more.
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