keep checking ur bank account too sometimes the $ hits before transcripts update

Been through this exact same situation last year! The April 15 date on your transcript is actually a good sign - it means they've moved your return into the final processing queue. The 570 code you're seeing just means they had a temporary hold while doing the accuracy review, but since your transcript updated on March 6th, that usually indicates they've completed their review process. Most people I know who got that same timeline received their refunds within 2-3 weeks of the transcript update. Your $5,993 refund amount looks solid based on what you're showing. Just keep checking your transcripts weekly for any new transaction codes - you'll probably see a 846 code pop up soon which means refund issued! The 60-day notice is just their standard CYA timeframe, but they rarely actually take that long once things start moving on the transcript side.

Does anyone know if staking rewards need to be reported even without a 1099? I have both trading losses and staking income and not sure how to handle that on FreeTaxUSA.

I went through this exact same situation last year with FreeTaxUSA and crypto losses without 1099-Bs. A few things that helped me get through it: 1. You definitely need to report everything - losses are actually good for you tax-wise since you can deduct up to $3,000 against ordinary income and carry forward any excess. 2. For the manual entry pain, I found it easier to group transactions by coin type and date ranges. FreeTaxUSA allows summary entries as long as you keep detailed records. 3. Double-check your cost basis calculations - I initially missed some fees that should have been included, which would have increased my deductible losses. The whole process took me about 3 hours but was worth it for the tax benefit. Make sure to save all your CSV files and transaction records in case the IRS has questions later. Good luck finishing your return!

Has anyone used H&R Block for rental property taxes? Their website says they handle them but I'm not sure if the standard preparers have enough specialized knowledge for this.

I went through a similar situation last year when I bought my first rental property. The price jump from simple software to professional preparation was shocking at first, but it ended up being worth every penny. What really helped me was getting quotes from 3 different tax preparers and asking each one to break down exactly what services were included. One charged $650 but only covered federal returns - I would have paid extra for state filings. Another quoted $800 but included both state returns, depreciation setup, and a consultation about tax planning strategies for next year. I ended up going with an enrolled agent who charged $725 and found deductions I never would have known about - things like the home office portion for managing the rental, mileage for property visits, and startup costs I could write off. The extra deductions more than paid for the professional fee. My advice: get at least 2-3 quotes, ask specifically about their experience with out-of-state rentals, and make sure they include both state returns in their quoted price. The $750 you were quoted might actually be reasonable depending on what's included.

Has anyone actually confirmed if this works with the latest version of FreeTaxUSA? I just tried to file and wasn't sure which section to put the crypto in.

I went through this exact same situation a few months ago! The manual entry process in FreeTaxUSA really isn't as bad as it seems at first. What I did was open up my Coinbase Gain/Loss report and created a simple spreadsheet to separate everything by holding period (short-term vs long-term). Then I just added up the totals for proceeds and cost basis for each category. FreeTaxUSA makes it pretty straightforward - you don't need to list every individual transaction. One tip: make sure you double-check that your Coinbase report includes ALL your crypto activity for the year, including any transfers between wallets or other exchanges. I missed some DeFi transactions initially and had to go back and add those manually to my calculations. The whole process took me maybe an hour once I got organized, which beats paying extra for premium tax software just for the import feature. Plus you'll have a better understanding of your crypto taxes for next year!

I'm really sorry for your family's loss, and I commend you for thinking ahead about the tax implications during what must be a difficult time. From what you've described, your grandmother's cattle operation sounds like it was a legitimate farming business, especially if she was deducting expenses on her tax returns. This actually works in your family's favor because of something called "stepped-up basis." When assets are inherited, their tax basis gets adjusted to the fair market value on the date of death. This means your dad and his siblings won't owe taxes on any appreciation that happened during your grandmother's lifetime - only on any gains between when they inherited and when they sell. Since they're selling relatively quickly after her passing, there should be minimal taxable gain, if any. However, a few important considerations: 1. **Document everything**: Get written appraisals of the cattle as of the date of death to establish the stepped-up basis properly 2. **Review her tax records**: Look for Schedule F forms to understand how she reported the farm operation 3. **Breeding vs. market cattle**: If these were breeding cattle held over 24 months (sounds likely), they may qualify for favorable capital gains treatment With five heirs and $65,000 in proceeds, I'd strongly recommend having everyone work with the same CPA who specializes in farm estates. The upfront cost of proper professional advice will be much less than dealing with potential IRS issues later. You're asking the right questions at the right time - that proactive approach will save your family significant stress and potential tax problems down the road.

I'm so sorry for your family's loss. Having gone through a similar situation with my father's small cattle operation in Missouri, I wanted to share a few things that might help your family navigate this process. The stepped-up basis everyone has mentioned is absolutely correct and will likely save your family significant taxes. Since your grandmother was running what sounds like a legitimate breeding operation, the cattle should receive that stepped-up basis to fair market value at death, meaning minimal taxable gain when sold shortly after. One thing I learned the hard way - make sure to check if your grandmother had any installment sales contracts or breeding agreements with neighbors that might affect ownership of some cattle. We discovered after the fact that three of our "inherited" cattle were actually owned jointly with a neighboring farm through a breeding partnership. Also, if the family is planning to sell the land eventually too, consider whether any of the siblings might want to continue agricultural use for tax purposes. There are some beneficial provisions for heirs who maintain agricultural operations, even if just temporarily. The advice about working with a single farm estate CPA is spot-on. We made the mistake of having different siblings consult different accountants initially, which created confusion that took months to sort out. Having everyone on the same page from the start will save you tremendous headaches. You're being very thoughtful to research this ahead of time - your family is lucky to have someone looking out for these details during such a difficult period.