Tax Year Prior to 2020: My cycle code is 20200505. What does this mean? And I found it on my tax transcript for 2019

[Delo1965]

Then what does it mean?..because I been told different 

[WKins2]

It can mean something different if you have any other codes with it, but if you do not, generally: 

According to the IRS, this is what the cycle code means:

• 2020 Year
• 05 is the IRS cycle week (5th week of filing season- when the IRS started accepting returns). 
• 05 is the processing day of the week  (Thursday in your case)

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

So you should see a refund on or around 2/27/2020. 

[Delo1965]

Thank you!

[Delo1965]

I have a as of date 02/17/2020 on the same transcript, what does that mean 

[Delo1965]

I have a as of date 02/17/2020 on the same transcript, what does that mean

[angel.johnson68]

The “expert” is wrong. 

[touigivethnx]

The feb 17 is your processing date. Remember IRS has to wait until after feb 15 to officially process anyone with EIC or ACTC credits. 

[Delo1965]

So my processing date is basically over and I’m just waiting for refund 

[Delo1965]

No I just looked it up as umm he is right, why don’t you enlighten us on what it mean in your head

[233Hooks]

@WKins2 my cycle code is 20200705.  When should I expect my refund? 

[danii242002]

@WKins2  my cycle code is 20200405

[Beebee462399212]

My cycle code is also the same but the date says Feb 17,2020 next to it

[Delo1965]

Mine too

[angel.johnson68]

Mine says February 17 as well

[Sunshine23]

@angel.johnson68 it seems all these "SO CALLED EXPERTS" & "SPECIALIST" are passing out TONS of false info. 🤣🤣 I most DEFINITELY wouldn't get my taxes done using them.