What is the “As Of” Date on the Tax Record of Account Transcripts

The “As Of” date on a Tax Account Transcript is the date your penalties and interest are estimated to be calculated to determine if you have a balance due or a tax refund. It’s computed to a future date in case someone may owe and want to mail their check-in rather than pay online.

What does the “As Of” Date Mean on my tax transcript

The “As of Date” is the date your penalties and interest are calculated. If you have any balances, they will be indicated at the top of the Record of Account Transcript and set for a future date.

How do I find my Tax Transcript AS OF Date?

To access your tax record of 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.

What is the AS OF Date?

The “As Of” date that appears on your account transcript is the date on which interest and penalties are expected to be calculated in order to determine if there are any outstanding balances or tax refunds.

The As Of Date is calculated at a future date in case someone owes money and wants to mail a check instead of paying online.

Why do I see the As Of Date?

The “As of Date” is part of the tax transcript and indicates the date your penalties and interest are calculated. If you have any balance, it will be shown at the top of your record of account transcript and be set for a future date.

This future date gives enough time for the IRS to process the account and enough time for taxpayers to mail checks or pay online.

Why Does the As Of Date Keep Changing Forward & Back?

The As of date is a system-generated date that may be updated or changed each time a tax account is viewed or updated in the system. Depending on the different actions in the tax account, the system will systematically set deadlines for the actions to be taken or may request more time from the system.

Can my As Of Date tell me when I’ll receive my tax refund?

No, The As Of Date on your tax account transcript cannot tell you when you’ll receive your tax refund. To find your tax refund date you will need to follow the transaction codes documented under the EXPLANATION OF TRANSACTION section. The transaction codes will give you the most accurate information about your tax return and tax refund status.

To Determine a Direct Deposit Date you need an 846 Refund Issued Code

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.