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hey whats going on guys lets discuss the cycle code 20230505 on the IRS transcript this is the most common code people get so lets figure out what it means and when you will get your tax return cycle code shows when your account was posted to the IRS Master file if it starts with 2023 and 05 then it means that your account was posted on the fifth week of 2023. the last two digits in the code indicate that the IRS transcript will update on a weekly basis but the cycle code doesnt actually show when you will get a tax return you should be looking for the a46 code on your transcript usually its somewhere at the end of the list it should have a date in front of it but even if its todays date it doesnt mean that the funds will hit your bank account today it could take up to one business week for the funds to appear on your balance and its completely normal delay if you dont see any 846 codes then it means you have some problems and there should be as a votes on the IRS transcript
