A cycle code is an 8 digit code found on your account transcripts. The cycle…
The IRS cycle code is an eight-digit code that you can find on your online tax account transcript once your tax return has been accepted and posted to the IRS Master File. If you see a cycle code along with transaction code 150 posted on your tax account transcript, you’ll know that your tax return is being processed. You can use your cycle code along with the transaction codes on your tax account transcript to help determine when you could receive your tax refund.
To access your tax account transcript online, you need to visit the “Get Transcripts” page on the IRS website. From there, you’ll create your online account if you don’t have one already. Once signed in, you’ll click the link to View Tax Records and then click the GET TRANSCRIPT ONLINE button. From the dropdown menu, you’ll pick a reason for needing a transcript.
You’ll then see a list of several different types of transcripts from previous tax years. You’ll want to click on the Account Transcript of the year you want to view.
Once you have gained access to your current year’s tax account transcript, scroll down to the EXPLANATION OF TRANSACTION section of the document. There you’ll find a column labeled CYCLE that will provide your IRS cycle code. The cycle code indicates the four digits of the current cycle year, two-digit IRS cycle week, and two-digit processing day of the week.
Highlighted in red is the IRS cycle code. This eight-digit code can be found under the transaction section of your account transcript once your tax return has been accepted and posted to the IRS Master File.
Your transcript will look like this once your tax return has been accepted and entered into the IRS Master File
Your IRS cycle code will determine when your tax return was recorded entering the IRS Master File to start processing and whether your current year’s tax return was placed into a daily or weekly batch cycle.
The IRS cycle code is an eight-digit number that will look similar to this 20160302.
Your IRS Cycle Code can help you determine when your tax return will be processed.
No, each time you file a new tax return, amended tax return, and possibly at different stages of the processing you will get a new IRS Cycle Code.
No, Your IRS Cycle code will remain the same all year unless you are required to file an amended tax return.
If you need to file an amended tax return your transcript could look something like the example above. Once the amended tax return is filed and accepted into the IRS Master File, the system will generate a secondary cycle code shown in the example above as the Amended Return Cycle Code.
The cycle code alone cannot tell you when you’ll receive your tax refund. The IRS cycle code and transaction codes need to be used together to give you the most accurate information about your tax return and tax refund status.
You will need to watch your tax account transcript frequently and follow the EXPLANATION OF TRANSACTIONS section on your tax account transcript and wait until you see the 846 Refund issued Transaction code to post on your transcript, indicating that you will be getting a refund and your direct deposit date has already been determined. The date next to the 846 Refund Issued is when the IRS should send your tax refund to your financial institution.
View IRS Cycle Codes! 2021 | 2022 | 2023 | 2024
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