I have cycle 20180704 on my transcript what does that mean? i have no refund yet.
The last two digits 04 mean Tuesday, 07 means the 7th week, and 2018 is the year. The cycle date on your transcript and the transcript notes do not necessarily reflect the amount or timing of a refund. I suggest using "Where's My Refund" to check the status of your refund. https://www.irs.gov/refunds.
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