Just checked my NetSpend app after seeing Mikayla's update and mine hit too! Got my deposit at 2:47pm EST today (3/17). For anyone still waiting, it looks like NetSpend is releasing them in batches throughout the afternoon. I've noticed they usually do deposits in waves - early morning (12am-6am) for some people, then afternoon batches like this one. Don't panic if you haven't seen yours yet - there might be another wave later today or early tomorrow morning. The important thing is that your transcript shows the 3/17 date, which means the IRS has already sent the payment to NetSpend.

Still waiting here with a 3/17 DDD on my NetSpend account. It's now 4:30pm EST and nothing yet, but reading through everyone's experiences is actually pretty reassuring! Sounds like NetSpend really does process these in multiple waves throughout the day. I've been a NetSpend customer for about 3 years and this is exactly how it went last year - got mine around 6pm even though others got theirs much earlier. For anyone else still waiting, it seems like the key thing is having that 846 code with the 3/17 date on your transcript, which means the IRS has definitely sent the payment. NetSpend's batch processing just takes time to work through all the deposits. Going to try to be patient for a few more hours before I start worrying!

Just wanted to add - I'm a dental practice consultant, and this situation is actually pretty common. One thing to watch for: if you purchased any specialized dental equipment for the practice that you're taking to the new location, make sure you document the transfer carefully. The IRS might consider this a "sale" from one business to another, which could trigger depreciation recapture if not handled correctly. Your new business would likely need to purchase these assets at fair market value from the old business. Also, don't forget about any security deposits for office space, insurance premiums, etc. Some of these might be partially refundable, which would offset some of your losses.

I went through a similar situation when I had to dissolve my consulting LLC before it generated any revenue. One thing that really helped was keeping detailed records of everything - not just receipts, but also documentation showing the business purpose of each expense and dates when they were incurred. For the IRS filing, since you elected S-corp status, you're absolutely required to file that final 1120-S even with zero income. The IRS computer system is expecting that return based on your election. Miss it and you could face penalties. Regarding your startup expenses, the good news is that dental practice expenses from one location can generally be carried over to another dental practice since it's the same line of business. The key is proper documentation and making sure your new Colorado practice is set up to properly inherit these costs. One tip: consider whether any of your equipment purchases might qualify as assets that can be directly transferred rather than treated as startup costs. Things like dental chairs, computers, or other equipment might be handled differently for tax purposes than purely startup expenses like licensing fees.

I've been helping parents with custody tax situations for years, and your confusion is totally understandable! Since you and your ex already agreed she's claiming your daughter this year, you actually don't need to worry about the months calculation for dependency purposes at all. However, you should still enter your daughter's information in TurboTax - just make sure to answer "Yes" when it asks if someone else can claim her as a dependent. This tells the software you're not claiming the dependency exemption, but it will still check what other benefits you might be eligible for. For the months question, with true 50/50 custody where your daughter is with you consistently throughout the year, you could technically count all 12 months since she's with you part of every month. But what really matters for other credits and filing status is the actual number of nights she stays with you. The important thing is being consistent and honest about your arrangement. Don't skip entering her info completely - you might miss out on credits you're eligible for even though you're not claiming her as a dependent. The tax code recognizes that parents can have different roles (custodial vs. claiming dependent) in shared custody situations.

I've been through this exact same situation with my own shared custody arrangement! The key thing to remember is that since you and your ex already agreed she's claiming your daughter as a dependent this year, you don't need to stress about the months calculation for dependency purposes. However, you absolutely should still enter your daughter's information in TurboTax - just answer "Yes" when it asks if someone else can claim her as a dependent. This way the software knows not to give you the dependency exemption but will still check what other benefits you might qualify for. For shared custody situations like yours where your daughter is with you part of every month consistently throughout the year, you could technically count all 12 months since the IRS rule is that if a child lives with you for any part of a month, you can count the whole month. But what really matters for other credits and filing status determinations is the actual number of nights. Don't make the mistake of skipping her information entirely - you might miss out on credits you're legitimately eligible for even though you're not claiming her as a dependent. The tax system does recognize that in shared custody arrangements, one parent can claim the dependency while the other parent might still qualify for certain benefits based on their custody time. The whole process can be confusing, but as long as you're honest about your actual custody arrangement and let TurboTax know someone else is claiming her as a dependent, you should be good to go!

Um, hate to be that person, but the bigger issue here is that your employer might be violating tax law by incorrectly issuing a 1099-NEC. This could be considered misclassification, which is pretty serious. If they're giving you educational assistance as an employee benefit, they MUST NOT issue a 1099-NEC which is explicitly for non-employee compensation. By doing this, they're essentially telling the IRS that you're an independent contractor for that portion of your compensation. Have you tried explaining this to your HR department rather than just finance? Sometimes HR understands the employment classification issues better than finance does.

This is frustrating but unfortunately common - I see this mistake with employers all the time. The key thing to understand is that your employer has created a documentation mismatch that you need to handle carefully. Here's what I'd recommend: Report the 1099-NEC income on Schedule C as "Other Income" but then take an offsetting business deduction for "Educational assistance incorrectly reported as contractor income." Keep the net effect at zero. The critical part is documentation. Make sure you have: - Your employer's written educational assistance policy - Receipts showing the payments went directly to the school - Any emails/paperwork showing this was processed as employee educational assistance - Screenshots of IRS Publication 970 showing $5,250 educational assistance exclusion If you get an IRS notice (which is likely), respond immediately with a letter explaining the employer's error and include copies of all your documentation. The IRS understands this happens and will usually accept the correction when properly documented. Don't just ignore the 1099-NEC - that will definitely trigger an automated notice. But also don't pay taxes on money that should be tax-free. The offsetting approach keeps you compliant while protecting your tax position.

Just wanted to add that if you're using tax software like TurboTax or H&R Block, they usually send you an email confirmation once the IRS accepts your return. If you haven't gotten that email yet, check your spam folder! I almost missed mine last year because it ended up there. Also, don't stress too much - the IRS is dealing with millions of returns right now so delays are totally normal. You did everything right by e-filing! 👍

Don't worry, you're definitely not alone in feeling anxious about your first e-filing! I remember refreshing the Where's My Refund page obsessively when I filed for the first time. The 24-48 hour window your preparer mentioned is accurate for normal processing times, but like others have said, peak season can slow things down. If it's been 3 days, I'd definitely check the IRS website using your exact filing info. Also keep in mind that weekends don't count toward processing time - so if you filed on Friday, Monday would really be day 1. Hang in there! 🤞