Don't overthink this. The property is still a rental until you sell it. Expenses still go on Sch E. If you get audited, the IRS isnt gonna care that it was vacant while u were trying to sell it. Happens all the time.

I went through this exact situation two years ago with a duplex that sat vacant for 5 months while trying to sell. What really helped me was creating a clear paper trail showing my intent to sell rather than abandon the property. I kept copies of all MLS listings, price reduction notices, showing feedback, and even rejection letters from potential buyers. When I filed my Schedule E with expenses but no rental income for those months, I included a brief statement explaining the vacancy was due to active marketing for sale. The IRS never questioned it, but having that documentation gave me peace of mind. Also, make sure you're only deducting expenses that you would have paid anyway as a rental property owner - don't try to deduct any costs specifically related to marketing the property for sale, as those should be treated as selling expenses when you calculate capital gains. One tip: if you're doing any repairs or improvements to help with the sale, be careful how you categorize those. Minor repairs to maintain the property can still go on Schedule E, but major improvements to increase sale value should be added to your basis.

Has anyone considered the "relation-back doctrine" in this situation? According to my accountant, this is what applies to check payments rather than just constructive receipt. I was told that a check payment is considered made when the check is delivered as long as: - It's dated the day of delivery or earlier - It's delivered before year-end - There's no restriction on cashing it - It's cashed within a reasonable time (usually considered to be within 30 days) This is different from constructive receipt which is more about when the recipient should recognize income.

I went through something very similar with a year-end payment to a subcontractor. The IRS Publication 538 actually addresses this specific scenario under "Payment by Check" rules for cash basis taxpayers. The bottom line is that your deduction belongs in 2023 because that's when you delivered the check, regardless of the ACH processing delays between your accounts. The key factors that support this are: 1) You delivered the check on December 30, 2023 2) The contractor could have deposited it immediately (no restrictions) 3) You had initiated the transfer to ensure funds would be available The fact that ACH rules created a delay in your account doesn't matter for tax purposes - what matters is that you made the payment in good faith with reasonable expectation it would clear. Since it did clear without bouncing, you're golden for the 2023 deduction. For the contractor, they report it as 2023 income since that's when they received the check. The deposit timing is irrelevant under constructive receipt doctrine. Just make sure you keep documentation of the transfer initiation date and the check delivery date in case you ever need to support the timing during an audit.

I just want to add one more practical tip that saved me a lot of stress when I filed my 1040X earlier this year - take screenshots of EVERYTHING during the process! I captured screenshots of my TurboTax amendment screens, the final summary page, the e-filing confirmation, and my IRS Direct Pay confirmation. This turned out to be incredibly helpful when I had a question about my processing status and called the IRS. The representative was able to verify details from my screenshots that proved my amendment was filed correctly and my payment was received. It also gave me peace of mind during the long processing period to have visual proof that I had completed each step properly. Also, one thing I learned the hard way - if you're amending multiple years, you need to file separate 1040X forms for each tax year. I initially tried to combine two years of corrections on one form and had to start over when I realized that wasn't allowed. Each tax year gets its own amendment, even if the issues are related. Don't let the process intimidate you! Yes, it takes time and attention to detail, but thousands of people successfully file amended returns every year. The fact that you caught your error and are fixing it voluntarily puts you way ahead of taxpayers who ignore problems and hope they go away.

As someone who recently went through filing an amended return for the first time, I completely understand your anxiety about the process! The good news is that missing 1099 income is actually one of the most common reasons people file 1040X, so you're definitely not alone. Here's what worked for me when I was in your exact situation: **E-filing vs. Paper Filing:** TurboTax should allow you to e-file your 1040X for 2024 tax year. This is much faster and you get immediate confirmation. Only go the paper route if the software won't let you e-file for some reason. **What to Include:** You'll need to attach the missing 1099 form(s) and make sure to fill out Part III with a clear explanation like "Adding unreported 1099-MISC income from [Company Name] - form received after original filing." **Payment:** If you owe additional tax, pay it immediately through IRS Direct Pay rather than waiting for the IRS to send a bill. This stops interest from accumulating and shows good faith on your part. **Don't Panic:** The IRS actually appreciates when taxpayers voluntarily correct their returns. You're doing exactly what you're supposed to do by catching and fixing this error yourself. The whole process took about 16 weeks for mine to be fully processed, but I had peace of mind knowing I'd handled it correctly. You've got this!

I just completed my ID.me verification this morning after getting the letter about 10 days ago, and finding this thread feels like striking gold! Reading through everyone's experiences has been incredibly reassuring, especially since the IRS website is pretty vague about what happens after verification. Like so many others here, I had to deal with the photo upload timing out multiple times and the facial recognition failing repeatedly - it's almost comical how consistently problematic that system seems to be. Finally got the confirmation screen though, so now I'm prepared for the waiting game ahead. Based on all the timelines shared here, it sounds like I should expect somewhere in that 3-9 week range, with most people seeing results around 4-6 weeks. I'll definitely start doing the Friday morning transcript checks that everyone swears by. I'm also dealing with some urgent medical expenses, so I totally understand the stress that comes with needing this refund sooner rather than later. Thanks to everyone who has shared their experiences and updates - it makes this whole process feel so much more manageable when you know what to realistically expect and that others have successfully made it through!

I just completed my ID.me verification yesterday after receiving the letter two weeks ago, and I'm so grateful to have found this thread! Like everyone else, I dealt with the frustrating photo upload timeouts and facial recognition failures - it took me four attempts before everything finally went through. Reading all of your experiences and timelines has been incredibly helpful in setting realistic expectations for what comes next. Based on what I'm seeing here, it looks like I should prepare for somewhere in that 3-9 week range, with most people experiencing results around 4-6 weeks. I'll definitely start checking my transcript on Friday mornings like so many of you have recommended. I'm also in a situation where I really need this refund for some unexpected car repair bills, so the waiting is particularly stressful. But it's reassuring to know that weeks of no movement doesn't mean something's wrong - just that the IRS is working through their massive backlog. Thanks to everyone who has shared their timelines and updates - it really helps make this whole process feel more manageable when you can see that others have successfully made it through!

Has anyone dealt with social security after a parent passes? My dad was getting monthly checks and one came after he died. Not sure if I need to return it or report it somewhere on taxes??

Sorry for your loss. Yes, you can absolutely still claim your mom as a dependent for 2024 even though she passed away in April. The IRS allows you to claim someone as a dependent for the entire tax year if they met the dependency requirements during the time they were alive. Since you were supporting her, she lived with you, and her income was minimal (just Social Security), she would qualify as your dependent. Make sure to keep good records of the support you provided - housing, food, medical expenses, etc. You'll also want to have her death certificate on hand in case the IRS ever asks for documentation. One thing to also consider - any medical expenses you paid for her care can potentially be included in your medical expense deductions if you itemize. Those final months often involve significant medical costs that you might be able to deduct.