Reading through all these responses has been incredibly helpful! I'm in a similar situation with some insurance settlement checks coming in, and I was having the same concerns about "looking suspicious" for perfectly legitimate transactions. What really stands out to me from everyone's experiences is how routine these large check deposits actually are for banks, even when they feel like a big deal to us personally. The distinction between cash reporting requirements and check deposits that several people explained was particularly enlightening - I had always assumed any deposit over $10k automatically triggered reports. The consensus seems clear: if you have legitimate sources and proper documentation (which you do), splitting the deposits between accounts based on your financial needs is just good money management, not suspicious activity. The fact that multiple people have done exactly what you're planning with zero issues is very reassuring. Thanks to everyone who shared their real experiences here - it's so much more valuable than trying to interpret banking regulations online!

Great question! I dealt with something very similar when I received a large inheritance last year - two checks over $15k each. I was worried about the same "flagging" concerns you mentioned. Here's what I learned: your original plan is actually perfect. Depositing one check in checking for immediate expenses and the other directly into your brokerage account is smart financial management, not suspicious activity. Banks see this type of money movement all the time. A few things that helped ease my mind: - The $10k reporting threshold applies to cash transactions (Currency Transaction Reports), not regular checks - Banks file Suspicious Activity Reports based on unusual patterns, not just dollar amounts - Having legitimate sources with documentation (which you clearly do) means you're in great shape I ended up doing exactly what you're planning with zero issues. No questions asked, no holds, completely routine. The key was having my documentation ready (estate papers, etc.) even though I never needed to show it. Don't overthink this! ACH transfers between your own accounts are completely normal too. Focus on managing your money efficiently rather than worrying about imaginary red flags. Your plan makes perfect financial sense.

I'm experiencing the exact same thing! Filed on January 31st and my account shows that identical "INFO" status with the "Your Information Is Not Available at This Time" message for 2024. It's actually really comforting to read through all these comments and see that literally everyone who filed in the last few days is seeing this same thing. I was starting to worry that there was an issue with my return or that I had accidentally triggered some kind of review process. But it sounds like this is just their new way of displaying returns that are still in the initial processing queue. The fact that your 2022 and 2023 years show clean $0.00 balances is definitely a good sign - shows you're current with the IRS. I'm going to try to be patient and stop checking my account every few hours (easier said than done!). Thanks for posting this question because it really helped calm my nerves knowing we're all in the same boat waiting for our accounts to update!

I filed on January 30th and I'm seeing the exact same "INFO" status! Was getting really anxious about it until I found this thread - so relieving to know literally everyone who filed early is experiencing this. I've been checking my account obsessively (probably not helping my stress levels lol) but it sounds like this is just their standard processing message now. The batch processing explanation makes total sense - explains why we're all seeing identical delays. My previous years also show $0.00 like yours, so at least we know we're in good standing. Going to try to resist the urge to keep refreshing and just wait it out. Thanks for asking this question - this community is seriously the best for peace of mind during tax season!

LPT: Check your credit karma money account if you have one. Sometimes it shows up there before the TT account for sum reason

Same issue here! Filed on the 16th, got IRS acceptance within hours, but it's been 6 days with zero communication from TurboTax about the advance status. Not even a denial email. Starting to think they oversold their advance capacity this year and are just hoping people forget about it 😤 Anyone know if there's a way to check advance status without calling their useless support line?

Just wanted to throw in my experience. Last year I messed up and left line 32 blank on my Schedule C because I didn't understand it. Got a letter from the IRS about 3 months later asking me to clarify. Wasn't a big deal - just had to respond saying "Yes" all investments were at risk (since I just had a simple freelance writing business with my laptop and some software). But it delayed my refund by about 6 weeks, so definitely worth just answering it correctly the first time!

Thanks for asking this question - I was literally stuck on the same line yesterday! After reading through all these responses, I'm feeling much more confident. I have a small graphic design business and invested about $2,500 in software licenses and equipment. Based on what everyone's saying, it sounds like "Yes" is definitely the right answer since I could potentially lose that money if my business doesn't work out. Really appreciate everyone sharing their experiences - it's so much clearer than the official IRS instructions. Going to mark "Yes" and finally submit this thing!

idk why everyone's obsessed w these advance loans when they take like half ur money in fees. just wait for the real refund imo

Had the exact same thing happen to me last year! Got the acceptance screen but didn't receive the email until the next morning. TurboTax's email system can be pretty delayed especially during busy periods. I'd give it until tomorrow before worrying - the acceptance screen is usually a good indicator that you're approved. Just keep checking your spam folder too just in case!