Establish Date Transcript For Free

A processing date is the date (month, day and year) when a merchant's bank processes a credit or debit card transaction that has been authorized between a merchant and a customer.

What does the processing date on an IRS transcript mean? The processing date represented by your cycle code informs you when your tax transcript will be updated. What day of the week does the IRS update refund status? The IRS will update your refund status information once a week and it takes place on Wednesdays.

The first four digits indicates the tax processing year, so this would be 2022. The fifth and sixth digits are the week of the year, so in this example the '06' would mean it is the sixth calendar week of the year.

You are able to see your cycle date via the free official IRS transcript, with this being an eight-digit number that follows the format of year-week of year-day of week. Therefore, it will look something like 20220602. The first four digits indicates the tax processing year, so this would be 2022.

What You Get. You can also request a transcript by mail by calling our automated phone transcript service at 800-908-9946.

More than 90% of tax refunds are processed and issued within 21 days. The IRS processes tax returns as it receives them. If you file your tax return electronically, the IRS will generally process direct deposit refunds within 7-10 days of receiving your tax return, and process paper checks within about two weeks.

The processing date represented by your cycle code informs you when your tax transcript will be updated. What day of the week does the IRS update refund status? The IRS will update your refund status information once a week and it takes place on Wednesdays.