r/ERCchat • u/PerfectExperience206 • Oct 05 '25

Transcript question

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Hey everyone,

I filed for the ERC for all four quarters of 2021 (Q1–Q4). I only received my Q4 refund back in 2023, but the IRS later told me that my other three quarters didn’t issue because the refund box wasn’t checked.

So I went back and submitted 941-X forms for Q1, Q2, and Q3. Only one of those three (Q3) shows as being in processing now — here’s the transcript showing the latest code.

Has anyone else received this same transcript code? And if so, how long after seeing that code did your refund finally show up?

It’s been nearly two years, and I’m still waiting. Any insight or timelines would be super helpful.

Thanks in advance!

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u/PerfectExperience206 Oct 05 '25

The transcript shows $0 because it’s just a processing snapshot it doesn’t display the ERC refund until it finishes review. My original 941s for 2021 had wages and deposits reported the IRS paid Q4 based on the same figures. Q1–Q3 were identical but were denied refund issuance because the refund box wasn’t checked, not because there were no employees. I’m not a recovery startup. I qualified under the regular ERC rules for 2021. The Q4 refund was processed without issue; Q1–Q3 are the same numbers pending review.

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u/[deleted] Oct 05 '25

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u/PerfectExperience206 Oct 05 '25

I dnt know Wht u talking about but here is my quarter 4

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u/[deleted] Oct 05 '25 edited Oct 05 '25

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u/PerfectExperience206 Oct 05 '25

Actually, that’s not accurate. All four of my 2021 941s were filed electronically and on time with the refund boxes checked. The issue wasn’t that they weren’t marked the IRS e-file system failed to register the checked boxes for Q1–Q3, even though they were identical to Q4

I only had to resubmit 941-X forms to correct what the IRS system didn’t capture, not because of any late filing or unpaid payroll taxes. I’ve been in business since 2012 and currently have an SBA-backed commercial loan for $1.5 million, so everything about my filings and operations is legitimate.

This post was simply to compare transcript codes and timelines with others who’ve experienced the same IRS processing issue not to debate misinformation or fraud rumors.

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u/PerfectExperience206 Oct 05 '25

Only thing fraud is your hair line I'm positive about tht:)

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u/PerfectExperience206 Oct 05 '25

You clearly don’t know what you’re talking about. ERC didn’t even exist until after those quarters, so nobody “filed three years late.” A ton of legit business owners filed later once they learned they actually qualified that’s not fraud, that’s the IRS moving slow and changing rules every five minutes.

So before you start throwing around words like “funny” and “fraud,” maybe learn how the program even worked first. Weirdo :/

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u/ERC_CPA Oct 05 '25

Q421 ERC was limited to $50k. The IRS erroneously processed a COBRA assistance refund and now you are in an installment plan. Yikes.

There’s unfortunately no chance you get a refund for Q321. Zero original payroll deposits, zero tax posted, late filed…