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In today's IRS tax refund update, we discuss the latest developments regarding direct deposit refunds. A new batch has been released and transmitted to bank accounts, particularly affecting taxpayers from the February 23rd batch. Some taxpayers have reported receiving their direct deposits early, while others are still awaiting refunds on the scheduled deposit date. As tax returns are processed, more reports of adjusted refunds are emerging, prompting an examination of key reasons behind these adjustments. Additionally, some viewers are experiencing a lack of updates to their tax transcripts and refund statuses, with some facing codes 970 and 571.