anybody know if u need the paid version of cash app for this to work?

Just wanted to add that you should also make sure your Cash App account is fully verified with your SSN and everything before using it for tax refunds. The IRS can be picky about matching names and info, so if there's any mismatch between your tax return and your Cash App account details, it could cause delays or even send your refund back. Also keep screenshots of your routing/account numbers just in case!

Hospital bills and health insurance documents worked for us! Our son was born in December and we had the exact same issue. We brought the hospital discharge papers plus a health insurance statement showing the baby added to our policy - both had our address and the baby's name. H&R Block accepted these without question.

I went through this exact situation with my February baby! What really helped was getting organized with all the documentation first. Here's what worked for me: 1. Birth certificate (shows baby's name and usually your address) 2. Hospital discharge summary (has both names and address) 3. Proof you applied for SSN - I got a receipt/confirmation from when we applied at the hospital 4. Insurance card or statement showing baby as dependent The key thing I learned is that different tax preparers interpret the requirements differently. Jackson Hewitt might be being overly cautious. I'd suggest calling around to other tax prep places - H&R Block, Liberty Tax, or even local CPAs. Many are more flexible with newborn documentation. You can also file yourself using tax software like TurboTax or FreeTaxUSA - they're usually more straightforward about what's actually required versus what preparers think they need to avoid potential penalties. The IRS is generally understanding about newborn SSN delays as long as you can show you applied and have proper identity/residency documentation. Don't let one tax preparer's interpretation stress you out - there are definitely options!

my transcript showed same codes in February, then nothing for 2 months, then suddenly updated with code 846 (refund issued). No notice ever came, no explanation, just randomly got fixed. IRS is playing games with our money while we wait 🤡

I'm dealing with almost the exact same situation! Filed in early February, got code 570 on my transcript dated March 20th, and still waiting. The anxiety is real when you're counting on that money. From everything I've read here and researched, the 570/971 combo seems pretty standard - they're just reviewing something and will send a notice explaining what they need (if anything). The frustrating part is how long it takes and the complete lack of communication. One thing that helped me was checking my transcript weekly instead of daily - saves some sanity. Also make sure your address is current with the IRS since some people mentioned notices going to old addresses. Hang in there - sounds like most people eventually get their refund, it just takes forever. The IRS really needs to modernize their systems and communication. Keep us posted on any updates!

Don't forget to check if your state has different rules for the depreciation recapture! I went through this whole process correctly for federal but completely missed that my state has different treatment of Section 1250 gains. Also, if you're using tax software, make sure to review the actual completed Form 4797 and Schedule D before filing. I've found that sometimes the numbers flow correctly but show up in unexpected places on the forms, and it helps to understand where everything should be.

I just went through this exact situation last year and wanted to share some additional insights that might help. You're absolutely right that this is a common scenario, but it's one of those areas where the tax code creates some complexity. A few things that tripped me up initially: 1. Make sure you're only recapturing the ALLOWABLE depreciation, not necessarily what you actually claimed. The IRS requires you to recapture the depreciation you were entitled to take, even if you forgot to claim it in some years. 2. If you lived in the home for at least 2 of the last 5 years before the sale, you should still qualify for Section 121 exclusion on the capital gains portion - but as others mentioned, the depreciation recapture is always taxable. 3. Keep detailed records of when you converted it to rental use and when you converted it back (if applicable). The partial business use affects how much of your total gain is eligible for the Section 121 exclusion. Regarding TaxAct - I found their premium version could handle it, but I had to be very careful about how I answered their interview questions. The software sometimes gets confused about the timeline if you don't input things in a specific order. One more tip: if your total gain is large relative to the Section 121 exclusion limits, make sure you understand how the exclusion gets allocated between the capital gain and the depreciation recapture portions. The exclusion applies to capital gains first, so if you have a really large gain, you might end up with more taxable capital gains than expected.

Has anyone here actually been audited for travel expenses? I'm in a similar situation where I travel a lot for my contract work, and I'm worried about raising red flags.

One thing I'd recommend is asking your client upfront how they plan to handle the expense reimbursements on your 1099-NEC. Some companies are good about keeping consulting fees separate from reimbursed expenses, while others just lump everything together. If you can get this clarified before year-end, it'll save you a lot of headaches during tax season. You might even be able to request that they issue two separate 1099s - one for your consulting income and another for reimbursed expenses (though not all companies will do this). Also, make sure you're keeping a clear paper trail between your expense reports and the reimbursement payments. This will be crucial if you need to prove to the IRS that certain amounts on your 1099-NEC were actually expense reimbursements and not additional income.