IRS code 846 on transcript: Does 846 mean direct deposit?

During tax season, millions of American taxpayers play a guessing game to see when their return money would be placed into their bank account. There’s the so-called IRS refund schedule, which shows when the IRS expects to deposit refunds into bank accounts or mail out checks. What does IRS Code 846 mean? IRS code 846 …

IRS code 846 on transcript: Does 846 mean direct deposit? Read More »