Question - have you checked the SBTPG site using both mobile and desktop? Their site is janky AF and sometimes shows different info depending on how you access it. On my phone it showed no trace number but on desktop it was there! worth a try

I'm going through the exact same thing right now! Filed in early March, got accepted, transcript shows 846 code with April 1st issue date, but SBTPG has been showing a blank trace number field for over two weeks. It's so stressful when you're counting on that money. I've been checking their site multiple times a day hoping something will show up. Based on what everyone's saying here, it sounds like this is unfortunately pretty common with SBTPG this year. I'm going to try calling the IRS tomorrow morning and see if they can give me any insight into what's actually happening on their end. Really hoping we both get some answers soon - the waiting is killing me!

Great question! I went through this exact same decision last year when I converted my LLC to S-Corp status. After researching and consulting with my tax professional, I ended up having my S-Corp pay 100% of my health insurance premiums. The math is pretty straightforward - at your $780/month premium ($9,360 annually), having the S-Corp pay saves you about $1,430 per year in FICA taxes (15.3% of $9,360). There's really no downside to going with 100% since you get the full deduction either way, but maximize your payroll tax savings. Just make sure you document everything properly. I have my S-Corp pay the insurance company directly each month, and my payroll service adds the premium amount to my W-2 wages (Box 1) but excludes it from Social Security and Medicare wages. Then I deduct the full amount on Line 17 of my personal return. One tip - if you're doing your own payroll, double-check that you're coding the health insurance correctly. It should be included in federal wages but excluded from FICA wages. I use QuickBooks Payroll and there's a specific payroll item for "Health Insurance (S-Corp >2% Owner)" that handles this automatically. With your $75k salary on $125k revenue, you're in a great position - very reasonable compensation ratio that won't raise any IRS eyebrows!

One thing I haven't seen mentioned yet is the impact on your Affordable Care Act (ACA) compliance if you ever have employees. Right now as a single-member S-Corp you're fine, but if you plan to hire employees in the future, you'll want to make sure your health insurance arrangement doesn't create complications with ACA employer mandate requirements. Also, don't forget that if you have a spouse who could potentially be covered under your plan, the S-Corp can pay for family coverage too and you'd get the same FICA tax savings on the entire premium amount. Just make sure any family members covered are properly reflected in your documentation. The 100% S-Corp payment approach is definitely the way to go for maximizing your tax benefits. At your income level and premium amount, you're looking at saving around $1,430 annually in payroll taxes compared to paying personally - that's basically 1.8 months of free health insurance!

This thread has been incredibly helpful! I'm dealing with a similar K-1 situation and wanted to add one more consideration that might be relevant for some folks here. If your partnership is involved in oil, gas, or other natural resource activities, some of those box 13, code W expenses might actually be depletion-related costs that could be handled differently. I learned this the hard way when I assumed all my box 13 expenses were the same suspended miscellaneous deductions. Also, for anyone tracking these expenses for future deductibility after 2025 - make sure you're also keeping records of any AMT adjustments related to these items. Some partnership expenses that aren't deductible for regular tax purposes might still affect your alternative minimum tax calculations, and you'll want that documentation if the rules change again. One last tip: if you're working with a tax professional, bring them the entire K-1 instructions booklet that came with your K-1, not just the form itself. Those instructions often contain partnership-specific explanations for the various codes that can be really helpful in determining the exact nature of your box 13 items.

This has been such an educational thread! As someone who's been wrestling with these same box 13, code W expenses from my real estate partnership K-1, I wanted to share what I learned from my state tax research. For those asking about state deductibility - it's really worth checking your specific state's conformity rules. I'm in Illinois, and while IL generally conforms to federal tax changes, they specifically chose NOT to suspend miscellaneous itemized deductions for state purposes. So I was able to deduct my $6,200 in management fees on my IL-1040, saving me about $310 in state taxes. The key is understanding that each state made its own decision about whether to conform to the TCJA changes. States like California, New York, Pennsylvania, and Illinois maintained these deductions, while others followed the federal suspension. Don't assume either way - check your state's specific rules or consult their tax website. Also, for those tracking these expenses for future years - I created a simple spreadsheet with columns for the tax year, partnership name, amount, and notes about the specific nature of the expenses. When 2026 rolls around and these become federally deductible again, you'll have a clean record of everything you've accumulated over the years. One more thing - if you're in a state that still allows these deductions, make sure you're actually itemizing on your state return. Some states require you to itemize state even if you take the standard deduction federally, which could make these partnership expenses valuable even if your other itemized deductions aren't high enough to beat the federal standard deduction.

Great thread with lots of helpful information! I just completed my Form 706NA payment process last week and wanted to share a few additional tips that might help others: 1. Double-check your bank account information before submitting - I made a typo in my routing number initially and had to start over. The IRS system caught it during verification, but it delayed my payment by several days. 2. If you're making a large payment (like the $34,500 mentioned in the original post), some banks have daily ACH limits that might prevent the transaction from going through. I had to call my bank to temporarily increase my limit for the estate tax payment. 3. Keep multiple copies of your confirmation page and save it as a PDF. I printed three copies and emailed the PDF to myself as backup. The confirmation number is crucial if you ever need to trace the payment. The whole process was actually smoother than I expected once I figured out the right options to select. The key is just being very careful about the tax year selection (as Vanessa mentioned) and making sure all your information is exactly correct before hitting submit.

I went through this exact process about 6 months ago and can confirm that the Direct Pay method works well for Form 706NA. One thing that really helped me was calling the IRS taxpayer assistance line beforehand to confirm I was selecting the right options - they verified that using "Form 706" in the system covers both regular 706 and 706NA filings. A few additional tips from my experience: - Make sure you have the estate's EIN ready before starting the payment process - The system will ask for the "primary taxpayer" - use the decedent's name exactly as it appears on the 706NA form - If you're making the payment close to the due date, consider doing it in the morning rather than late at night to avoid any potential system maintenance windows The confirmation email came through within about 10 minutes, and I was able to track the payment status through my bank. The whole process took less than 15 minutes once I had all the information ready. Don't stress too much about it - the IRS payment system is actually pretty straightforward once you know which buttons to click!

Had this exact same confusion when I filed! It's totally normal - TurboTax is basically just telling you "hey we successfully sent your return to the IRS without any transmission errors" while the IRS site shows where your return actually is in their processing pipeline. The IRS "Where's My Refund" tool is definitely the one to trust for your real status. Once you see it move from "received" to "approved" on the IRS site, that's when you know they've finished processing and your refund is on the way. The waiting game is tough but at least you know everything is moving along normally!

This happens to pretty much everyone who uses TurboTax! The confusion is totally understandable. Think of it this way - TurboTax is like the post office telling you "we successfully mailed your letter" while the IRS website is like tracking that shows "your package has arrived at the destination and is being processed." Both are correct, they're just showing different parts of the journey. The IRS Where's My Refund tool is always going to be your most accurate source for actual processing status. Hang in there - "received" is a good sign that everything is moving along normally!