Quick tip for future reference - whenever you make any tax payment outside of filing your return, save the confirmation details in a dedicated folder (either digital or paper). I keep a spreadsheet with payment dates, confirmation numbers, amounts, and which tax year they apply to. This has saved me countless hours of confusion when tax time rolls around, especially in years when I've made multiple payments!

I just went through this exact same situation last month! Your additional payment after filing the extension definitely goes on Schedule 3 Line 9 as an estimated tax payment, not Line 10. In TurboTax, you'll find this in the "Deductions & Credits" section under "Estimates and Other Taxes Paid." Look for where it asks about estimated tax payments - there should be a field to enter additional payments made during the year. Make sure you have the date and confirmation number from your payUSAtax payment handy. One thing to double-check: if you made the payment through payUSAtax, make sure it was applied to the correct tax year (2024 if you're filing your 2024 return). Sometimes people accidentally apply payments to the wrong year, which can cause major headaches later.

I think it might be helpful to share that my NetSpend deposit just hit about 20 minutes ago! My transcript showed 3/17 as the deposit date, and it came through around 2:15pm EST today. Last year it was almost exactly the same timing. Maybe check your accounts again soon?

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.

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.

Has anyone else noticed that TurboTax seems to be super confusing about this whole custody thing? Like they ask if the child lived with you for over half the year as one question, then separately ask for the number of months. I ended up over-reporting one year and got a letter from the IRS. Scary stuff.

I'm going through the exact same situation right now! My ex and I have 50/50 custody and I was getting so confused by TurboTax's questions about months. One thing that helped me was looking at it from the software's perspective - it's trying to determine if you qualify to claim your child as a dependent, which requires them to live with you for more than half the year (over 6 months). Since you've already agreed your ex is claiming your daughter this year, you don't need to worry about that calculation at all. But definitely don't skip entering her information completely! I almost did that and would have missed out on some credits I was eligible for. When TurboTax asks about dependents, enter your daughter's info but make sure to answer "Yes" when it asks if someone else can claim her as a dependent. The software will then check what other benefits you might qualify for based on your custody arrangement. The whole tax system seems designed to make co-parenting situations as confusing as possible, but at least there are resources out there to help us figure it out!

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.